Nickel Foam Market Size(US$)

CAGR 2025-2031
4.3%
Market Size,2031
USD 245
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Nickel Foam was estimated to be worth US$ 180 million in 2024 and is forecast to a readjusted size of US$ 245 million by 2031 with a CAGR of 4.3% during the forecast period 2025-2031.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Nickel Foam cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.
Key Market Drivers
Energy Storage Applications: Nickel foam is extensively used in batteries and fuel cells, which are crucial for the ongoing transition towards renewable energy sources and electric vehicles.
Renewable Energy Integration: The growth of renewable energy sources necessitates efficient energy storage solutions, where nickel foam's properties are advantageous.
Technological Advancements: Innovations in manufacturing processes, such as improved electroforming techniques, have enhanced the quality and efficiency of nickel foam production.
MARKET SEGMENTATION
REGIONAL INSIGHTS

Fastest-Growing Region: Asia Pacific
Asia-Pacific (APAC): This region holds the largest share in the nickel foam market, driven by countries like China, Japan, and South Korea, where rapid industrialization and government support for electric vehicles boost demand.
BY TYPE,2020-2031(US $ MILLION)
Continuous Nickel Foam
Special Nickel Foam
BY APPLICATION,2020-2031(US $ MILLION)
Battery Electrode Material
Fuel Cell
Catalyst Material
Filter Material
Sound Absorbing Material
Others
North America and Europe: These regions are experiencing growth due to advancements in energy storage technologies and increased focus on sustainable practices.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Nickel Foam manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Nickel Foam in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Nickel Foam in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Nickel Foam Product Introduction
1.2 Global Nickel Foam Market Size Forecast
1.2.1 Global Nickel Foam Sales Value (2020-2031)
1.2.2 Global Nickel Foam Sales Volume (2020-2031)
1.2.3 Global Nickel Foam Sales Price (2020-2031)
1.3 Nickel Foam Market Trends & Drivers
1.3.1 Nickel Foam Industry Trends
1.3.2 Nickel Foam Market Drivers & Opportunity
1.3.3 Nickel Foam Market Challenges
1.3.4 Nickel Foam Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Nickel Foam Players Revenue Ranking (2024)
2.2 Global Nickel Foam Revenue by Company (2020-2025)
2.3 Global Nickel Foam Players Sales Volume Ranking (2024)
2.4 Global Nickel Foam Sales Volume by Company Players (2020-2025)
2.5 Global Nickel Foam Average Price by Company (2020-2025)
2.6 Key Manufacturers Nickel Foam Manufacturing Base and Headquarters
2.7 Key Manufacturers Nickel Foam Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Nickel Foam
2.9 Nickel Foam Market Competitive Analysis
2.9.1 Nickel Foam Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Nickel Foam Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Nickel Foam as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Continuous Nickel Foam
3.1.2 Special Nickel Foam
3.2 Global Nickel Foam Sales Value by Type
3.2.1 Global Nickel Foam Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Nickel Foam Sales Value, by Type (2020-2031)
3.2.3 Global Nickel Foam Sales Value, by Type (%) (2020-2031)
3.3 Global Nickel Foam Sales Volume by Type
3.3.1 Global Nickel Foam Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Nickel Foam Sales Volume, by Type (2020-2031)
3.3.3 Global Nickel Foam Sales Volume, by Type (%) (2020-2031)
3.4 Global Nickel Foam Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Battery Electrode Material
4.1.2 Fuel Cell
4.1.3 Catalyst Material
4.1.4 Filter Material
4.1.5 Sound Absorbing Material
4.1.6 Others
4.2 Global Nickel Foam Sales Value by Application
4.2.1 Global Nickel Foam Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Nickel Foam Sales Value, by Application (2020-2031)
4.2.3 Global Nickel Foam Sales Value, by Application (%) (2020-2031)
4.3 Global Nickel Foam Sales Volume by Application
4.3.1 Global Nickel Foam Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Nickel Foam Sales Volume, by Application (2020-2031)
4.3.3 Global Nickel Foam Sales Volume, by Application (%) (2020-2031)
4.4 Global Nickel Foam Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Nickel Foam Sales Value by Region
5.1.1 Global Nickel Foam Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Nickel Foam Sales Value by Region (2020-2025)
5.1.3 Global Nickel Foam Sales Value by Region (2026-2031)
5.1.4 Global Nickel Foam Sales Value by Region (%), (2020-2031)
5.2 Global Nickel Foam Sales Volume by Region
5.2.1 Global Nickel Foam Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Nickel Foam Sales Volume by Region (2020-2025)
5.2.3 Global Nickel Foam Sales Volume by Region (2026-2031)
5.2.4 Global Nickel Foam Sales Volume by Region (%), (2020-2031)
5.3 Global Nickel Foam Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Nickel Foam Sales Value, 2020-2031
5.4.2 North America Nickel Foam Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Nickel Foam Sales Value, 2020-2031
5.5.2 Europe Nickel Foam Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Nickel Foam Sales Value, 2020-2031
5.6.2 Asia Pacific Nickel Foam Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Nickel Foam Sales Value, 2020-2031
5.7.2 South America Nickel Foam Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Nickel Foam Sales Value, 2020-2031
5.8.2 Middle East & Africa Nickel Foam Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Nickel Foam Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Nickel Foam Sales Value and Sales Volume
6.2.1 Key Countries/Regions Nickel Foam Sales Value, 2020-2031
6.2.2 Key Countries/Regions Nickel Foam Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Nickel Foam Sales Value, 2020-2031
6.3.2 United States Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Nickel Foam Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Nickel Foam Sales Value, 2020-2031
6.4.2 Europe Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Nickel Foam Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Nickel Foam Sales Value, 2020-2031
6.5.2 China Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.5.3 China Nickel Foam Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Nickel Foam Sales Value, 2020-2031
6.6.2 Japan Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Nickel Foam Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Nickel Foam Sales Value, 2020-2031
6.7.2 South Korea Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Nickel Foam Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Nickel Foam Sales Value, 2020-2031
6.8.2 Southeast Asia Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Nickel Foam Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Nickel Foam Sales Value, 2020-2031
6.9.2 India Nickel Foam Sales Value by Type (%), 2024 VS 2031
6.9.3 India Nickel Foam Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Hunan Corun
7.1.1 Hunan Corun Company Information
7.1.2 Hunan Corun Introduction and Business Overview
7.1.3 Hunan Corun Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Hunan Corun Nickel Foam Product Offerings
7.1.5 Hunan Corun Recent Development
7.2 Alantum
7.2.1 Alantum Company Information
7.2.2 Alantum Introduction and Business Overview
7.2.3 Alantum Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Alantum Nickel Foam Product Offerings
7.2.5 Alantum Recent Development
7.3 Sumitomo Electric Industries
7.3.1 Sumitomo Electric Industries Company Information
7.3.2 Sumitomo Electric Industries Introduction and Business Overview
7.3.3 Sumitomo Electric Industries Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Sumitomo Electric Industries Nickel Foam Product Offerings
7.3.5 Sumitomo Electric Industries Recent Development
7.4 Wuzhou Sanhe New Material
7.4.1 Wuzhou Sanhe New Material Company Information
7.4.2 Wuzhou Sanhe New Material Introduction and Business Overview
7.4.3 Wuzhou Sanhe New Material Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Wuzhou Sanhe New Material Nickel Foam Product Offerings
7.4.5 Wuzhou Sanhe New Material Recent Development
7.5 Heze Tianyu Technology
7.5.1 Heze Tianyu Technology Company Information
7.5.2 Heze Tianyu Technology Introduction and Business Overview
7.5.3 Heze Tianyu Technology Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Heze Tianyu Technology Nickel Foam Product Offerings
7.5.5 Heze Tianyu Technology Recent Development
7.6 Novamet Specialty Products
7.6.1 Novamet Specialty Products Company Information
7.6.2 Novamet Specialty Products Introduction and Business Overview
7.6.3 Novamet Specialty Products Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Novamet Specialty Products Nickel Foam Product Offerings
7.6.5 Novamet Specialty Products Recent Development
7.7 JIA SHI DE
7.7.1 JIA SHI DE Company Information
7.7.2 JIA SHI DE Introduction and Business Overview
7.7.3 JIA SHI DE Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 JIA SHI DE Nickel Foam Product Offerings
7.7.5 JIA SHI DE Recent Development
7.8 Kunshan Jiayisheng
7.8.1 Kunshan Jiayisheng Company Information
7.8.2 Kunshan Jiayisheng Introduction and Business Overview
7.8.3 Kunshan Jiayisheng Nickel Foam Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Kunshan Jiayisheng Nickel Foam Product Offerings
7.8.5 Kunshan Jiayisheng Recent Development
8 Industry Chain Analysis
8.1 Nickel Foam Industrial Chain
8.2 Nickel Foam Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Nickel Foam Sales Model
8.5.2 Sales Channel
8.5.3 Nickel Foam Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
MARKET SEGMENTATION
REGIONAL INSIGHTS
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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