Ceramic Foams Market Share

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 tough ceramic materials having porous morphology. They have closed, fully open, or partially interconnected porosity. They are most commonly used as filters in the molten metal application. They are lightweight, have high mechanical strength, large specific surface area, high porosity, excellent thermal shock resistance, and erode resistance. These properties make ceramic foams suitable for various applications, such as thermal & acoustic insulation, filtration of molten metal alloys, furnace lining, automotive exhaust filters, and catalyst support in foundry, building & construction, aerospace, chemical synthesis & pollution control, electronics, and biomedical industries. Stringent pollution control regulations and the demand for thermally insulated and soundproof residential and non-residential infrastructure are some of the factors driving the ceramic foams market.

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