The ceramic foam filtration market is gaining traction from the past few years as the ceramic material is increasingly used as a filter in numerous industries and especially in the metal casting industry.
Also, the demand for the soundproof and high thermal resistance material from the residential and commercial premises is boosting adoption of the ceramic foam filters. This trend of using a ceramic filter is expected to continue for the next few years and likely to drive the growth of the ceramic foam filter market over the forecast period. Thanks to this factor, the revenue generated by the global ceramic foam filtration market are expected to attain a value of US$ 500 mn by the end of 2025 by expanding with a CAGR of 4.9% during the years 2018 to 2025.
Numerous governments are imposing strict regulations for lowering carbon emission and ensuring the safety of the environment. The ceramic foam filters meet the requirement and lead to lowering the pollution, which is again propelling adoption of the ceramic foam filtration technique. This, in turn, is supporting the growth of the global ceramic foam filtration market.
Additionally, growing advancement in the designing such as nodular graphite and iron, graphite, and grey iron castings and tenacity casting which improves the capacity and tolerance of the material toward the environment. The material offers a one-stop solution for construction industry for enhancing the soundproofing and thermal resistance, which is enhancing its adoption and propelling the growth of the global ceramic foam filtration market.
The growth of the construction industry globally and especially in the developing countries from the Asia Pacific has helped to dominate the global ceramic foam filtration market in 2017. Also, the growth of the construction industry in Asia Pacific is expected to continue over the forecast period.
Some of the players operating in the ceramic foam filtration market are Vertix Co., Vesuvius plc, Laniks.r.o., Selee Corporation, and Dynocast, JiangXiJinTai Special Material Limited Liability Company.
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