Global Metal Foam Market | Growth Forecast | USD 93 Million Value and 4.96% CAGR
5000.00 Dollar US$
- Location: 201301, Delhi, India
The global metal foam market is experiencing significant growth, driven by technological advancements and increasing demand across various industries. Metal foams are characterized by their lightweight yet high-strength properties, making them highly desirable in industries such as automotive, aerospace, construction, and energy.
According to TechSci Research, the global metal foam market was valued at USD 93 million in 2022 and is projected to grow at a CAGR of 4.96% during the forecast period 2024-2028.
The growing emphasis on sustainability and energy efficiency has further bolstered the adoption of metal foams in engineering applications, as they provide structural integrity while reducing material weight and energy consumption.
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