Acumen Research and Consulting, a global provider of market research studies, in a latest published report titled “Ceramic Foam Filtration Market (Type: Aluminum Oxide Type, Zirconium Oxide Type, Silicon Carbide Type, Others; Application: Metallurgical Industry Filter, Thermal & Sound Insulating Material, Automobile Exhaust-gas Purification, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025”, estimates that global ceramic foam filtration market is expected to reach the market value of over $500 million by 2025 and is anticipated to grow at a CAGR of around 4.9% in terms of revenue during the forecasting period 2018 - 2025. The global ceramic foam filtration market is expected to showcase a robust growth in forthcoming years, according to ARC. The ceramic foam filtration market is seeing expansion due to rising use of ceramic foams as filters in metal casting industry and severe norms regarding pollution control. The growth is further boosted by the demand for soundproof and thermally insulated non-residential and residential infrastructure.
Type Insights
These filters are utilized for emptying aluminum alloys into chills and into sand molds. With the need to reduce the overall load of auto motives and for all time rising solicitations for enhanced quality, the utilization of artistic foam filters is largely preferred, particularly in the field of vehicle security. Further applications are in the field of secondary and primary aluminum, as for the generation of production of milling ingots and extrusion billets. In 2017, the aluminum oxide type sales was 34,188.8 K Units and the market share was over 68%, and it will be over 69% in 2025, with a CAGR around 6% from 2018 to 2025.
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Zirconium oxide ceramic-foam filters are utilized in generation of steel and huge iron castings, which can adequately trap non-metallic considerations in the metal stream, coming improvement upgrades are good finish, increased yield, lower scrap, mechanical properties, and machinability. Appropriate for all steel castings including carbon steel, hardened steel, cobalt, nickel compound castings and so, in 2017, the zirconium oxide type sales was over 3800 K Units and the market share was over 7.5%, and it will significantly grow at a CAGR of around 5.5% from 2018 to 2025.
These filters are tremendous for use during pouring of lamellar cast iron, nodular cast iron, malleable cast iron and all further low and high alloyed cast iron types. Additional functions are in pouring of copper alloys. Silicon carbide foam-ceramic filters have a porosity of over 80% and allow during its 3-dimensional formation a brilliant filtration over the thickness. In 2017, the silicon carbide type sales was over 9,800 K Units and the market share was around 20%, and it will be over 13,500 K Units in 2025, with a CAGR around 5.5% from 2018 to 2025.
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Asia-Pacific Acquired Largest Market Share In Terms Revenue And Consumption In 2017
Asia-Pacific was the biggest market for ceramic foams in 2017 and is anticipated to rise at the peak CAGR during the forecast time frame. Building & construction activities have improved exponentially in the past decade due to good demographics and wide-scale manufacturing base in the region. The increase in metal casting production, particularly in China and India, has boosted the demand for ceramic foams in the region. U.S. accounted for the market size of $100 million USD in 2017 and it will be over 140 million USD in 2025, with a CAGR around 4.3% from 2018 to 2025.
Application Insights
Based on application, metallurgical industry filter was the largest segment in the global ceramic foams filters market in 2017. This can be attributed to the growing demand for steel, iron, and aluminum casting across all business verticals. This drift is accountable for the improved use of ceramic foams in molten metal filtration application. Expanding use of ceramic foams in molten metal because of fantastic dissolvability is required to encourage the use of ceramic foam filtration over the anticipated time frame according to the analysis by Acumen.
Key Players
The players profiled in the report include Drache, Vertix Co., Lanik s.r.o., Vesuvius plc, Selee Corporation, Protech Industries, Dynocast, JiangXiJinTai Special Material Limited Liability Company, Filtec Precision Ceramics Co. Ltd., and Others. Additionally, some of the manufacturers design types of ceramic foam filters with advance class of nodular graphite iron castings, tenacity iron castings, grey iron castings, drop turbulent of iron solution at feeder mouth. It can tolerate rough environment in the method of molding, which is further expected to create opportunities for the market growth.
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