Ceramic Foams Market 2018-2027: Regional Analysis and Forecast | Techsci Research
TechSci Research report, entitled “Global Ceramic Foams Market By Type, By End-User Industry, By Application, By Region, By Company, Forecast & Opportunities, 2027” projects a stable CAGR for the global ceramic foams market in the forecast period. Ceramic foams are gaining popularity across various industries, and their role in pollution control is also contributing to the market's growth. Nevertheless, the cost of producing ceramic foam is high due to expensive raw materials and production techniques, which could hinder market growth during the forecast period.
The global ceramic foams market is categorized based on type, end-user industry, application, region, and company. The market can be segmented into Silicon Carbide, Aluminium Oxide, Zirconium Oxide, and Others based on type. The Silicon Carbide segment is expected to dominate the market due to its superior properties, including high strength, low thermal expansion, excellent thermal shock resistance, and high wear resistance. Based on end-user industry, the market can be divided into Foundry, Building & Construction, Chemical Synthesis & Pollution Control, Automotive, and Others. The Foundry segment has the largest market share and is expected to continue dominating the market during the forecast period due to the rising production of consumer electronics and automobiles. The market can be fragmented into Molten Metal Filtration, Thermal & Acoustic Insulation, Automotive Exhaust Filters, Furnace Lining, Catalyst Support, Metallurgical Industry Filter, and Others based on application. The molten metal filtration segment holds a substantial market share due to the increasing demand for iron, steel, and aluminium casting across all industrial verticals.
Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on" Global Ceramic Foams Market"- https://www.techsciresearch.com/report/ceramic-foams-market/4134.html
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 are some of the leading players operating in global ceramic foams market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
“Asia-Pacific is expected to be the largest and fastest growing market during the forecast period. The growth of the market can be attributable to the increasing building and construction activities in the region. Additionally, factors such as availability of cost-effective workforce, low transportation costs, relaxed government norms in the countries like India and China have led to the shifting of many manufacturing facilities in the region. This factor would further steer growth in the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Ceramic Foams Market By Type (Silicon Carbide, Aluminium Oxide, Zirconium Oxide, Others), By End-User Industry (Foundry, Building & Construction, Chemical Synthesis & Pollution Control, Automotive, Others), By Application (Molten Metal Filtration, Thermal & Acoustic Insulation, Automotive Exhaust Filters, Furnace Lining, Catalyst Support, Metallurgical Industry Filter and Others), By Region, By Company, Forecast & Opportunities, 2027” has evaluated the future growth potential of global Ceramic Foams market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global Ceramic Foams market.
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