The ceramic foam is a type of component made from ceramics. To manufacture the ceramic foams both oxide and non-oxide forms of ceramics are used. This ceramic foam is very tough and can withstand high temperatures. Industries use some common ceramic foams namely aluminum oxide, silicon carbide, and also zirconium oxide.
Their ceramic foams are said to have a variety of uses especially having end-users from automobile, thermal, sound,and metallurgical industries. They are used in the metallurgical industry filter, thermal & sound insulating material, and automobile exhaust gas purification. Since they possess properties like resistance to high temperatures, low thermal conductivity, enhanced filtering capabilities and any more can be added to the list.
The report on global ceramic foam market shows insights on the present market scenario by conducting over 280 hours of primary and secondary research. As per the report, global ceramic foam market is growing its sphere of influence very fast and gaining popularity. The global ceramic foam market has been valued at US $ xxx million for the year 2018. It is anticipated to rise and value at US $ xxx million for the year 2023, with a CAGR of xx %.
The market is witnessing growth due to the increasing use of ceramic foams in the metal casting application. Strict pollution control regulations and demand for thermally insulated and soundproof materials in building & construction are some of the factors driving the ceramic foams market.
The major driver for the global ceramic foam market is the growing demand from its end-users from varying industries. Emerging economies getting aware of pollution and making strict rules and regulation so as to control pollution has in way fueled the growth of the Global ceramic foam market. The maximum usage of ceramic foams from the building and construction industries owing to the insulation properties of ceramic foams is a key driving factor and is also estimated to stimulate higher growth for this market.
The major factors that pose as hindrances to the global ceramic foam market are the higher cost of production for producing these ceramic foams. In addition, also the prices of raw materials required to produce these ceramic foams being on a higher side are said to impediment the growth of this market.
The European market or regions are dominating the global ceramic foam market and are having a major market share. It is followed by the Northern American regions owing to their major usage of insulation materials which is fueling the growth of this market. Emerging economies of countries like Singapore, China and India are also anticipated to drive the growth of the ceramic foam market.
Some of the prominent key players in the global ceramic foam market include FCRI Ceramics Testing & Technology Service Co., Ltd, ERG Aerospace Corporation, Ultramet, and SELEE Corporation.
The research process starts with the bifurcation of various market segments of Global ceramic foam market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across Global ceramic foam market industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (35%)
By designation:
Top level (40%), Operation level (30%), Mid-level (30%)
Contents of the report:
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