Aluminum foam market is expected to grow rapidly
It is reported by PRNewswire- Global Forecast to 2027, size is expected to grow from USD 43 million in 2022 to USD 55 million by 2027, at a CAGR of 4.8% during the forecast period.Automotive is projected to dominate the global aluminum foam market during the forecast period.
Aluminum foam is divided into two structural forms: open cell aluminum foam and closed cell aluminum foam.
Open-cell aluminum foam will dominate the market during the forecast period. Open-cell aluminum foam is breathable, thermally and electrically conductive, and has high structural strength. These materials are used to filter gases and liquids, reduce noise in pneumatic devices, and are used in sound absorbers, heat exchangers, and filter applications.
The porosity of closed-cell aluminum foam is 80-98%. Its strength greatly exceeds that of solid metal of the same weight. Weight savings can save fuel, or can increase the weight of goods to be transported. This material is used in the automotive industry, aerospace industry and shipbuilding.
Asia Pacific is expected to be the largest market for aluminum foam during the forecast period.Asia Pacific is the largest market for aluminum foam. The huge demand coming from end-use industries such as automotive and construction & infrastructure is driving the aluminum foam market in the region.
