Global ceramic foams market is expected to grow at a steady CAGR during the forecast period. Ceramic foams are inorganic, non-metallic materials produced from oxides and non-oxide ceramic materials such as aluminium oxide, titanium oxide, and silicon carbide. It is produced by impregnating open-cell polymer foam with ceramic slurry and then burning it in a furnace. This is a porous, brittle material with low thermal conductivity, enhanced filtration capabilities, and high temperature resistance.

Increase in the use of ceramic foams in different industries is a key driver of the market. Additionally, the use of ceramic foam in pollution control is further fostering its demand. Moreover, innovations in the production technique to develop enhanced quality ceramic foams are anticipated to provide growth opportunities for the market.

The global ceramic foams market is segmented based on type, end user industry, application, region and company. Based on type, the market can be segmented into Silicon Carbide, Aluminium Oxide, Zirconium Oxide and Others. Silicon Carbide segment is expected to dominate the market on account of its various properties such as high strength, low thermal expansion, excellent thermal shock resistance, high wear resistance, and high chemical resistance, which make it a preferred material for ceramic foams in the iron casting application. Based on end user industry, the market can be fragmented into Foundry, Building & Construction, Chemical Synthesis & Pollution Control, Automotive and Others. Foundry segment is expected to dominate the market during forecast period owing to the increase in production of consumer electronics and automobiles. Based on application, the market can be categorized into Molten Metal Filtration, Thermal & Acoustic Insulation, Automotive Exhaust Filters, Furnace Lining, Catalyst Support, Metallurgical Industry Filter and Others. The molten metal filtration segment holds the largest market share on account of the growing demand for iron, steel, and aluminium casting across all industrial verticals.

Regionally, the ceramic foams market is gaining traction and expanding to various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia-Pacific region is expected to dominate the overall ceramic foams market. Asia-Pacific is followed by North America, Europe, South America and Middle East and Africa.

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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.  Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

To analyze and forecast the market size of global ceramic foams market.
To classify and forecast global ceramic foams market based on type, end user industry, application, company and regional distribution.
To identify drivers and challenges for global ceramic foams market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global ceramic foams market.
To conduct pricing analysis for global ceramic foams market.
To identify and analyze the profile of leading players operating in global ceramic foams market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global ceramic foams market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Ceramic foams manufacturers and suppliers
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to ceramic foams

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

FAQ :

Q - What are the different types of Foams available in the Global Ceramic Foams Market ?

Ans : The different types of foams available in the Global Ceramic Foams include Silicon Carbide, Aluminium Oxide, Zirconium Oxide and Others.

Q - What is the major factor hindering the growth of Global Ceramic Foams Market ?

Ans - The high cost of production is the major factor hindering the growth of Global Ceramic Foams Market.

Q - What is the Scenario of Global ceramic Foams Market in Asia Pacific Religion ?

Ans : The Asia Pacific region is expected to register the highest growth in Global ceramic Foams Market on account of the flourishing construction industry and growing investments by different governments for infrastructural developments.

Q - Which End User Industry dominates the Global Ceramic Foams Market  ?

Ans : The foundry segment dominates the Global Ceramic Foams Market due to increase in production of vehicles and electronic goods worldwide.

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