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Ceramic Foam Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by Type (Aluminum Oxide, Zirconium Oxide, Silicon Carbide, and Other Types), Application (Automotive Exhaust Filters, Thermal and Acoustic Insulation, Molten Metal Filtration, Catalyst Support, Furnace Lining, and Other Applications), End-user Industry (Foundry, Construction, Automotive, Pollution Control and Chemical Synthesis, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

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Ceramic Foams Market Size

Ceramic Foam Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Ceramic Foam Market Companies

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ceramic Foam Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Ceramic Foams Market Analysis

The global ceramic foams market is estimated to witness a healthy growth, at an estimated CAGR of over 5%, over the forecast period. The major factor driving the growth of the market studied is increase in usage of ceramic foams in pollution control.

  • High cost of production of ceramic foams is likely to hinder the markets growth.
  • Technological advancements in production techniques are likely to create opportunities for the market in the coming years.
  • Asia-Pacific region is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.

Ceramic Foams Market Trends

This section covers the major market trends shaping the Ceramic Foams Market according to our research experts:

Increasing Usage in the Automotive Industry

  • There is a need to improve the efficiency of automotive to address the functional requirement. An automotive in general consists of many components mainly exterior and interior mirrors, plastic components, fuel tanks, air ducts, de-aeration tanks, valve springs, and exhaust manifold.
  • It is essential to increase the fuel efficiency of the vehicles by reducing emissions. Also, these emissions cause harm to environment. Owing to this, exhaust filters are designed with ceramic foams to increase the efficiency of vehicles.
  • In 2019, the automotive production witnessed a decline owing to trade war pf US-China and other political reasons. This is expected to continue in the first half of 2020, owing to the weak sales in second half of 2019. However, the automotive industry is likely to recover by the end of 2020.
  • In addition, the development of electric vehicles may continue to gain momentum in the upcoming years especially in Europe, China. and United States, where many government programs are promoting a move away from fossil fuels owing to the various environmental concerns.
  • Owing to the above-mentioned factors, the market for ceramic foams is likely to grow during the forecast period.
Ceramic Foam Market Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is expected to dominate the market. In the region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country's manufacturing sector is one of the major contributors to the country's economy.
  • China is the largest manufacturer of automobiles in the world. The country's automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).
  • The production is expected to reach 30 million units by 2020, owing to the 'Made in China 2025' initiative support in upgrading the existing low-cost mass production to higher value-added advanced manufacturing. 'Automobile Mid and Long-Term Development Plan', was released in 2017, with an objective to make China a strong auto power in the next ten years.
  • China's 13th Five Year Plan started in 2016 as it was an important year for the country's engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year. Although the construction sector slowed down after 2013, it is still a major contributor to the GDP of the country.
  • Due to all such factors, the market for ceramic foams in the region is expected to have a steady growth during the forecast period.
Ceramic Foam Market Growth

Ceramic Foams Industry Overview

The ceramic foam market is partially consolidated in nature. Some of the major players in the market include Ultramet, Altech Alloys India Pvt. Ltd., Saint-Gobain, Pyrotek, and ERG Aerospace Corp., among others.

Ceramic Foams Market Leaders

  1. Ultramet

  2. Altech Alloys India Pvt. Ltd.

  3. Saint-Gobain

  4. Pyrotek

  5. ERG Aerospace Corp.

*Disclaimer: Major Players sorted in no particular order

Ultramet, Altech Alloys India Pvt. Ltd., Saint-Gobain, Pyrotek, ERG Aerospace Corp.
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Ceramic Foams Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increase in Usage of Ceramic Foams in Pollution Control

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 High Cost of Production of Ceramic Foams

      2. 4.2.2 Impact of COVID-19 Pandemic

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porters Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Technological Snapshot

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Aluminum Oxide

      2. 5.1.2 Zirconium Oxide

      3. 5.1.3 Silicon Carbide

      4. 5.1.4 Other Types

    2. 5.2 Application

      1. 5.2.1 Automotive Exhaust Filters

      2. 5.2.2 Thermal and Acoustic Insulation

      3. 5.2.3 Molten Metal Filtration

      4. 5.2.4 Catalyst Support

      5. 5.2.5 Furnace Lining

      6. 5.2.6 Other Applications

    3. 5.3 End-user Industry

      1. 5.3.1 Foundry

      2. 5.3.2 Construction

      3. 5.3.3 Automotive

      4. 5.3.4 Pollution Control and Chemical Synthesis

      5. 5.3.5 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 Italy

        4. 5.4.3.4 France

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Altech Alloys India Pvt. Ltd.

      2. 6.4.2 Drache GmbH

      3. 6.4.3 ERG Aerospace Corp.

      4. 6.4.4 FERRO-TERM LTD.

      5. 6.4.5 Induceramic

      6. 6.4.6 Jiangxi Jintai Special Material LLC.

      7. 6.4.7 LANIK s.r.o.

      8. 6.4.8 Pyrotek

      9. 6.4.9 Saint-Gobain

      10. 6.4.10 SELEE Corporation

      11. 6.4.11 Ultramet

      12. 6.4.12 Vesuvius

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Technological Advancements in Production Techniques

**Subject to Availability
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Ceramic Foams Industry Segmentation

The global ceramic foams market report includes:

Type
Aluminum Oxide
Zirconium Oxide
Silicon Carbide
Other Types
Application
Automotive Exhaust Filters
Thermal and Acoustic Insulation
Molten Metal Filtration
Catalyst Support
Furnace Lining
Other Applications
End-user Industry
Foundry
Construction
Automotive
Pollution Control and Chemical Synthesis
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Ceramic Foams Market Research FAQs

The Ceramic Foam Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Ultramet, Altech Alloys India Pvt. Ltd., Saint-Gobain, Pyrotek and ERG Aerospace Corp. are the major companies operating in the Ceramic Foam Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Ceramic Foam Market.

The report covers the Ceramic Foam Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ceramic Foam Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Ceramic Foam Industry Report

Statistics for the 2024 Ceramic Foam market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Ceramic Foam analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Ceramic Foam Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)