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Aluminum Foam Market Size
- Report ID: GMI6009
- Published Date: Jun 2023
- Report Format: PDF
Aluminum Foam Market Size
Aluminum Foam Market size valued at USD 40 million in 2022 and is to register CAGR of around 4.6% from 2023 to 2032. The lightweight and high-strength characteristics of aluminum foam have helped it become popular in the automotive industry. In addition to structural elements and noise, vibration, and harshness (NVH) reduction, it has prospective uses in crash management systems. The need for aluminum foam in this industry is anticipated to rise as the automobile industry continues to prioritise lightweighting for increased fuel efficiency and decreased emissions.
Increasing emphasis on sustainable and eco-friendly materials. Aluminum foam, being lightweight and recyclable, aligns with these objectives. It offers potential solutions for reducing the weight of transportation systems, resulting in improved fuel efficiency and reduced carbon emissions.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Aluminum Foam Market Size in 2022: | 40 Million USD |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 4.6% |
| 2032 Value Projection: | 65 Million USD |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 380 |
| Tables, Charts & Figures: | 486 |
| Segments covered: | Product, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Aluminium foam is now produced with better qualities and at a lower cost because to ongoing improvements in manufacturing methods including powder metallurgy and melt foaming. These developments have increased the accessibility of aluminium foam to numerous industries such as automotive, aerospace and defense, construction, industrial equipment, and energy and created new options for its use.
Frequently Asked Questions (FAQ) :
Aluminum Foam Market Scope
