Nickel Foam Market Forecast: CAGR of 5.5% During the Forecast Period

industry

Published: 2023-11-20

industry

Page Views: 788

Nickel Foam is low density permeable material with numerous applications. The defining characteristic of these foams is a very high porosity, typically 75-95% of the volume consisting of void spaces.

As the key basic material of Ni-MH and Ni-Cd batteries, the nickel foam is also used in fuel cells, thermal insulation, acoustic insulation, adsorption of environmental pollutants, filtration of molten metal alloys, and as substrate for catalysts requiring large internal surface area, and has become a new type of environmentally friendly material. With the continuous improvement and attention on the world's awareness of environmental protection, and the continuous maturation of current electric vehicle industry, the demand for nickel foam will develop continuously.

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According to the new market research report “Global Nickel Foam Market Report 2023-2029”, published by QYResearch, the global Nickel Foam market size is projected to reach USD 0.22 billion by 2029, at a CAGR of 5.5% during the forecast period.

 

  • Global Nickel FoamMarketSize (US$ Million), 2018-2029

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Based on or includes research from QYResearch: Global Nickel Foam Market Report 2023-2029.

 

 

  • Global Nickel FoamTop8 Players Ranking and Market Share(Based on data of 2021, Continually updated

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Based on or includes research from QYResearch: 2021 data information of Global Nickel Foam Market Report 2023-2029.

The global key manufacturers of Nickel Foam include Novamet Specialty Products, Kunshan Jiayisheng, Wuzhou Sanhe New Material, JIA SHI DE, Heze Tianyu Technology, etc. In 2021, the global top four players had a share approximately 78.0% in terms of revenue.


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