The worldwide market for ceramic foams is estimated to be worth $ 343.5 million in 2020 and is predicted to reach $ 441.4 million in 2025, with a CAGR of 5.9% between 2020 and 2025 The market is growing due to the escalating use of ceramic foams. Filters in the metal foundry industry and strict pollution control regulations Expansion is further driven by call for thermally insulated and soundproof residential and non-residential infrastructure. Ceramic foam is a material with low thermal conductivity, better filtration capabilities and resistance to high temperatures; It is made from different varieties of oxidized and non-oxidized ceramics, such as aluminum oxide, titanium oxide, and silicon carbide. It is employed in a wide range of applications, such as absorption of contaminants, filtration of molten alloys, and acoustic and thermal insulation.
Ceramic foam is a type of ceramic-based foam. Ceramic foams are brittle porous materials with closed, fully open, or partially interconnected porosity. Ceramic foams are made from a wide range of ceramic materials, both oxidized and non-oxidized. Ceramic foams are employed in hot gas filters, interpenetrating compounds, and biomedical applications, as well as in thermal insulation, oven cabinets, and catalysts. Ceramic foaming requires an open-cell polymeric foam that is impregnated with ceramic paste and then baked in an oven, leaving only the ceramic material that forms the final product. A protein such as ovalbumin has been employed for the foaming and setting of aqueous suspensions of ceramic powder for the preparation of porous ceramics. The overall porosity and microstructure of the foam can be controlled by the ceramic solids loading, the amount of ovalbumin, the foaming time and the sintering temperature.
The growing call for ceramic foams from emerging economies is one of the main trends that is predicted to gain traction in the market. Factors such as the availability of a profitable workforce, low transportation costs, and the relaxation of government standards in emerging economies have led to the relocation of many manufacturing facilities around the world. Rapidly escalating industrialization and economic developments in China, India and Japan will further boost the ceramic foam market in the coming years. In addition, ceramic foams provide high performance sound insulation, catalytic support and pollution control. Furthermore, expansion in the construction, chemical industries and electronics industry in emerging economies will further boost the ceramic foam market during the foreseen period.
ASK Chemical launches the innovative generation of exactpore 3D filters. With its innovative 3D EXACTPORE filters, ASK Chemicals offers precision casters, as well as cast iron and steel, new and more efficient filtration options for the highest quality casting.
The escalatingcall for ceramic foams in various end-use industries, due to the various advantages associated with use, including low weight, high temperature stability, high permeability, high porosity and low thermal conductivity are the main factors that are likely to drive the Worldwide market expansion for ceramic foams during the foreseen period. Stringent pollution control regulations and escalatingcall for thermally insulated and soundproof residential and non-residential infrastructure are other factors likely to drive target market expansion during the foreseen period. A key factor in the expansion of the market is the escalating use of ceramic foams in metal smelting. Metal casting is a manufacturing process in which molten or liquid metal is poured into a sand, metal, or ceramic mold that contains a cavity of the desired shape. When cooled, this cavity contains molten metal and forms complex geometric shapes. Escalatingcall for thermal and acoustic insulation material for residential and non-residential structures is predicted to drive market expansion during the foreseen period. In addition, escalating awareness of thermal and acoustic insulation in developing economies and escalating residential re-insulation in developed economies to reduce energy costs are the factors that are supporting the expansion of the ceramic foam market.
The factors that limit and restrict the expansion of the ceramic foam market are capital intensive production techniques and the lack of recyclability and repairability of ceramic foams, respectively.
Advances in production technique to develop higher quality ceramic foams are predicted to provide expansion opportunities for the ceramic foam market. The increased use of ceramic foams in different industries is a key driver of the market. In addition, the use of ceramic foam in pollution control further strengthens its call. Furthermore, innovations in production technique to develop higher quality ceramic foams are predicted to provide expansion opportunities for the market. The worldwide market for ceramic foams is driven primarily by the large-scale use of the material as a filter in the metallurgical industry and as a thermal or acoustic insulating material in the metal casting, automotive and construction industries. Furthermore, the escalating use of the material to control soot emissions from automotive diesel engines is supporting market expansion. Furthermore, ongoing research and development and advances in production and manufacturing methods to create high-quality, low-cost materials are predicted to provide expansion opportunities for players in the ceramic foam market during the foreseen period.
However, the high cost associated with the production of ceramic foams is predicted to hamper the expansion of the worldwide market for ceramic foams during the foreseen period.
Silicon carbide is a high-quality, advanced-grade ceramic employed to make foams.
By application, molten metal filtration was the largest segment of the worldwide foam ceramic market in 2020. This can be attributed to the escalatingcall for cast iron, steel and aluminum across all industries. industrial verticals.
By End Use Industry:
Foundry was the largest end-use industry segment of the ceramic foam market in 2020. Increased automotive and consumer electronics production as a result of rapidly changing economies around the world Predicted to drive expansion in the foundry industry thus driving the expansion of the ceramic foam market.
APAC was the largest market for ceramic foams in 2020 and this market in APAC is predicted to grow at the highest CAGR during the foreseen period. Construction and construction activities have grown exponentially over the past decade due to favorable demographics and a large-scale manufacturing base in the region. Expansion in the production of metal castings, especially in India and China, has driven the call for ceramic foams in the region. The Asia-Pacific market dominates the worldwide ceramic foam market in terms of revenue contribution compared to markets in other regions. The Asia Pacific market is predicted to experience comparatively faster expansion in terms of revenue over the next 10 years. The rapid expansion of the construction and automotive sectors, especially in China and India, is an important factor that is predicted to support market expansion in the region during the foreseen period.
North America represents the second largest share of revenue in the worldwide ceramic foam market. With a comprehensive study of expansion opportunities for companies, the Americas will represent the highest revenue in the ceramic foam market during the foreseen period due to the escalating number of building restoration activities in the United States and Canada. The APAC region, however, will contribute to the fastest growing market due to government initiatives in support of environmental protection associated with the relocation of manufacturing facilities in the region.
The major players operating in the ceramic foams market are Ultramet, Inc., Vesuvius Plc, SELEE Corporation, ERG Aerospace Corporation, Saint-Gobain Ceramics & Plastics, Inc., Pyrotek Inc., Induceramic, Lanik Ceramic Foam Filters India Pvt. Ltd., Filtec Precision Ceramics Co., Ltd., Boading Ningxin Cast Material Co., Ltd. and Others.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.3 the co-oxidation
5.1.4 the oxidation of multiple stages
5.1.5 Henkel process
5.1.6 Y-o-Y Growth Analysis, By Production
5.1.7 Market Attractiveness Analysis, By Production
5.1.8 Market Share Analysis, By Production
5.2.2 production of cyclo hexane dimethanol
5.2.3 polyester production
5.2.5 liquid crystal polymers
5.2.8 packaging and equipment
5.2.9 Y-o-Y Growth Analysis, By Application
5.2.10 Market Attractiveness Analysis, By Application
5.2.11 Market Share Analysis, By Application
5.3 End Use
5.3.3 PET bottles
5.3.5 furniture for the home
5.3.6 Y-o-Y Growth Analysis, By Quality
5.3.7 Market Attractiveness Analysis, By Quality
5.3.8 Market Share Analysis, By Quality
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Production
18.104.22.168 By Application
22.214.171.124 By End User
126.96.36.199 By Indication
6.1.4 Market Attractiveness Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Production
220.127.116.11 By Application
18.104.22.168 By End User
22.214.171.124 By Indication
6.1.5 Market Share Analysis 126.96.36.199 By Geographical Area
188.8.131.52 By Production
184.108.40.206 By Application
220.127.116.11 By End User
18.104.22.168 By Indication
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Mitsui Chemicals
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Reliance Industries Limited
8.3 Eastman Chemical Company
8.4 Formosa Plastics Group
8.5 Mitsubishi Chemical Corporation
8.7 Samsung Petrochemical Co. Ltd
8.8 Sinopec Corporation
8.9 Sinopec Yizheng Chemical Fiber Company
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures