The global ceramic foams market is estimated to be USD 343.2 Million in 2018 and is projected to reach USD 441.7 Million by 2023, at a CAGR of 5.2% between 2018 and 2023. Ceramic foams are porous substances made from ceramic materials. They are of different types depending on various applications such as alumina, silicon carbide, zirconia oxide, magnesia, etc. These materials possess a wide range of properties such as chemical stability, large surface area through-hole rate, corrosion resistance, high strength, good thermal shock resistance, and are lightweight.
Thus, due to the aforementioned properties, ceramic foams are used in numerous applications. These applications include biomedicine, thermal insulation, filtration of molten metal alloys, adsorption of environmental pollutants, catalyst supports, etc. These applications further cater to the demands arising from various end-use industries such as metallurgy, building & construction aerospace, chemical synthesis & pollution control, electronics, and biomedical. The increasing use of ceramic foams in the metal casting industry and stringent pollution control regulations are the major factors driving the ceramic foams market globally. The growth of the market is further driven by the demand for thermally insulated and soundproof residential and non-residential infrastructure.
Major manufacturers such as Ultramet (US), Vesuvius Plc (UK), SELEE Corporation (US), ERG Aerospace Corp. (US), Saint-Gobain High-Performance Refractories (US), Pyrotek (US), Induceramics (US), LANIK s.r.o (Czech Republic), Drache GmbH (Germany), and Baoding Ningxin New Material Co., Ltd. (China)., among others, have been profiled in this report.
