Ceramic Foams Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| CAGR | 5.00% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Ceramic Foams Market Analysis
The Ceramic Foam Market is expected to register a CAGR of greater than 5% during the forecast period.
- High cost of production of ceramic foams is likely to hinder the markets growth.
- Technological advancements in production techniques are likely to create opportunities for the market in the coming years.
- Asia-Pacific region is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.
Ceramic Foams Market Trends
Increasing Usage in the Automotive Industry
- There is a need to improve the efficiency of automotive to address the functional requirement. An automotive in general consists of many components mainly exterior and interior mirrors, plastic components, fuel tanks, air ducts, de-aeration tanks, valve springs, and exhaust manifold.
- It is essential to increase the fuel efficiency of the vehicles by reducing emissions. Also, these emissions cause harm to environment. Owing to this, exhaust filters are designed with ceramic foams to increase the efficiency of vehicles.
- In 2019, the automotive production witnessed a decline owing to trade war pf US-China and other political reasons. This is expected to continue in the first half of 2020, owing to the weak sales in second half of 2019. However, the automotive industry is likely to recover by the end of 2020.
- In addition, the development of electric vehicles may continue to gain momentum in the upcoming years especially in Europe, China. and United States, where many government programs are promoting a move away from fossil fuels owing to the various environmental concerns.
- Owing to the above-mentioned factors, the market for ceramic foams is likely to grow during the forecast period.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region is expected to dominate the market. In the region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country's manufacturing sector is one of the major contributors to the country's economy.
- China is the largest manufacturer of automobiles in the world. The country's automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).
- The production is expected to reach 30 million units by 2020, owing to the 'Made in China 2025' initiative support in upgrading the existing low-cost mass production to higher value-added advanced manufacturing. 'Automobile Mid and Long-Term Development Plan', was released in 2017, with an objective to make China a strong auto power in the next ten years.
- China's 13th Five Year Plan started in 2016 as it was an important year for the country's engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year. Although the construction sector slowed down after 2013, it is still a major contributor to the GDP of the country.
- Due to all such factors, the market for ceramic foams in the region is expected to have a steady growth during the forecast period.
Ceramic Foams Industry Overview
The ceramic foam market is partially consolidated in nature. Some of the major players in the market include Ultramet, Altech Alloys India Pvt. Ltd., Saint-Gobain, Pyrotek, and ERG Aerospace Corp., among others.
Ceramic Foams Market Leaders
-
Ultramet
-
Altech Alloys India Pvt. Ltd.
-
Saint-Gobain
-
Pyrotek
-
ERG Aerospace Corp.
- *Disclaimer: Major Players sorted in no particular order
Ceramic Foams Industry Segmentation
The global ceramic foams market report includes:
| Type | Aluminum Oxide | ||
| Zirconium Oxide | |||
| Silicon Carbide | |||
| Other Types | |||
| Application | Automotive Exhaust Filters | ||
| Thermal and Acoustic Insulation | |||
| Molten Metal Filtration | |||
| Catalyst Support | |||
| Furnace Lining | |||
| Other Applications | |||
| End-user Industry | Foundry | ||
| Construction | |||
| Automotive | |||
| Pollution Control and Chemical Synthesis | |||
| Other End-user Industries | |||
| Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| Italy | |||
| France | |||
| Rest of Europe | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle-East and Africa | Saudi Arabia | ||
| South Africa | |||
| Rest of Middle-East and Africa | |||
Ceramic Foams Market Research FAQs
What is the current Ceramic Foam Market size?
The Ceramic Foam Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)
Who are the key players in Ceramic Foam Market?
Ultramet, Altech Alloys India Pvt. Ltd., Saint-Gobain, Pyrotek and ERG Aerospace Corp. are the major companies operating in the Ceramic Foam Market.
Which is the fastest growing region in Ceramic Foam Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Ceramic Foam Market?
In 2025, the Asia Pacific accounts for the largest market share in Ceramic Foam Market.
What years does this Ceramic Foam Market cover?
The report covers the Ceramic Foam Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ceramic Foam Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Ceramic Foam Industry Report
Statistics for the 2025 Ceramic Foam market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Ceramic Foam analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
