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Ceramic Foams Market Trends

  • Report ID: GMI8418
  • Published Date: Mar 2024
  • Report Format: PDF

Ceramic Foams Market Trends

The market is experiencing dynamic trends marked by a growing emphasis on sustainable manufacturing processes and the increasing demand for advanced materials in diverse industrial applications. Key trends include a surge in research and development activities to enhance ceramic foam properties, particularly in thermal insulation and molten metal filtration. The market is witnessing a rising preference for lightweight and high-strength ceramic foams, driven by industries such as foundry and metal casting. Additionally, the integration of ceramic foams in innovative applications, including aerospace and automotive components, reflects the material's versatility. Moreover, the market is influenced by a shift toward eco-friendly practices, leading to the development of sustainable ceramic foam solutions. As technology continues to advance, the ceramic foams industry is poised for further growth, driven by ongoing innovations and expanding applications across various industries.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for ceramic foams was USD 441.7 million in 2023 and is expected to register over 5.3% CAGR from 2024-2032 owing to increasing demand across diverse industries such as foundry, metal casting, and thermal and acoustic insulation applications worldwide.

Ceramic foams industry from the zirconium oxide segment held 34.3% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its exceptional high-temperature stability and corrosion resistance.

North America industry for ceramic foams reached USD 109.9 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the automotive industry in the region leveraging ceramic foams for applications such as exhaust filters.

Applied Ceramics, CeramTec GmbH, CoorsTek, Inc., Honeywell International Inc., and SAINT-GOBAIN, are some of the major ceramic foams companies worldwide.

Ceramic Foams Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 250
  • Countries covered: 21
  • Pages: 300
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