Nickel Foam Market Size(US$)

CAGR 2026-2032
4.9%
Market Size,2032
USD 274
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Nickel Foam was estimated to be worth US$ 197 million in 2025 and is projected to reach US$ 274 million, growing at a CAGR of 4.9% from 2026 to 2032.
In 2025, global Nickel Foam production reached 20.32 million square meter, with an average selling price of US$9.7 per square meter. 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,2021-2032(US $ MILLION)
Continuous Nickel Foam
Special Nickel Foam
BY APPLICATION,2021-2032(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.
REPORT SCOPE
This report provides a comprehensive view of the global market for Nickel Foam, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Nickel Foam market size, estimations, and forecasts are presented in terms of sales volume (K Sqm) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Nickel Foam.
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Nickel Foam manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Nickel Foam sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Nickel Foam sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
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.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
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 (2021–2032)
1.2.2 Global Nickel Foam Sales Volume (2021–2032)
1.2.3 Global Nickel Foam Sales Price (2021–2032)
1.3 Nickel Foam Market Trends & Drivers
1.3.1 Nickel Foam Industry Trends
1.3.2 Nickel Foam Market Drivers & Opportunities
1.3.3 Nickel Foam Market Challenges
1.3.4 Nickel Foam Market Restraints
1.3.5 Impact of U.S. Tariffs
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 (2025)
2.2 Global Nickel Foam Revenue by Company (2021–2026)
2.3 Global Nickel Foam Sales Volume Ranking of Players (2025)
2.4 Global Nickel Foam Sales Volume by Company (2021–2026)
2.5 Global Nickel Foam Average Price by Company (2021–2026)
2.6 Key Manufacturers Nickel Foam Manufacturing Base and Headquarters
2.7 Key Manufacturers Nickel Foam Product Offerings
2.8 Key Manufacturers Start of Mass Production of Nickel Foam
2.9 Nickel Foam Market Competitive Analysis
2.9.1 Nickel Foam Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Nickel Foam Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Nickel Foam revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Nickel Foam Market Classification
3.1 Introduction by Type
3.1.1 Continuous Nickel Foam
3.1.2 Special Nickel Foam
3.1.3 Global Nickel Foam Sales Value by Type
3.1.3.1 Global Nickel Foam Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Nickel Foam Sales Value, by Type (2021–2032)
3.1.3.3 Global Nickel Foam Sales Value, by Type (%), 2021–2032
3.1.4 Global Nickel Foam Sales Volume by Type
3.1.4.1 Global Nickel Foam Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Nickel Foam Sales Volume, by Type (2021–2032)
3.1.4.3 Global Nickel Foam Sales Volume, by Type (%), 2021–2032
3.1.5 Global Nickel Foam Average Price by Type (2021–2032)
3.2 Introduction by Pore Density
3.2.1 Coarse-pored (<30 PPI)
3.2.2 Medium-pored (30–100 PPI)
3.2.3 Fine-pored (>100 PPI)
3.2.4 Global Nickel Foam Sales Value by Pore Density
3.2.4.1 Global Nickel Foam Sales Value by Pore Density (2021 vs 2025 vs 2032)
3.2.4.2 Global Nickel Foam Sales Value, by Pore Density (2021–2032)
3.2.4.3 Global Nickel Foam Sales Value, by Pore Density (%), 2021–2032
3.2.5 Global Nickel Foam Sales Volume by Pore Density
3.2.5.1 Global Nickel Foam Sales Volume by Pore Density (2021 vs 2025 vs 2032)
3.2.5.2 Global Nickel Foam Sales Volume, by Pore Density (2021–2032)
3.2.5.3 Global Nickel Foam Sales Volume, by Pore Density (%), 2021–2032
3.2.6 Global Nickel Foam Average Price by Pore Density (2021–2032)
3.3 Introduction by Thickness
3.3.1 Thickness <2mm
3.3.2 Thickness 2–5mm
3.3.3 Thickness >5mm
3.3.4 Global Nickel Foam Sales Value by Thickness
3.3.4.1 Global Nickel Foam Sales Value by Thickness (2021 vs 2025 vs 2032)
3.3.4.2 Global Nickel Foam Sales Value, by Thickness (2021–2032)
3.3.4.3 Global Nickel Foam Sales Value, by Thickness (%), 2021–2032
3.3.5 Global Nickel Foam Sales Volume by Thickness
3.3.5.1 Global Nickel Foam Sales Volume by Thickness (2021 vs 2025 vs 2032)
3.3.5.2 Global Nickel Foam Sales Volume, by Thickness (2021–2032)
3.3.5.3 Global Nickel Foam Sales Volume, by Thickness (%), 2021–2032
3.3.6 Global Nickel Foam Average Price by Thickness (2021–2032)
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 (2021 vs 2025 vs 2032)
4.2.2 Global Nickel Foam Sales Value, by Application (2021–2032)
4.2.3 Global Nickel Foam Sales Value, by Application (%), 2021–2032
4.3 Global Nickel Foam Sales Volume by Application
4.3.1 Global Nickel Foam Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Nickel Foam Sales Volume, by Application (2021–2032)
4.3.3 Global Nickel Foam Sales Volume, by Application (%), 2021–2032
4.4 Global Nickel Foam Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Nickel Foam Sales Value by Region
5.1.1 Global Nickel Foam Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Nickel Foam Sales Value by Region (2021–2026)
5.1.3 Global Nickel Foam Sales Value by Region (2027–2032)
5.1.4 Global Nickel Foam Sales Value by Region (%), 2021–2032
5.2 Global Nickel Foam Sales Volume by Region
5.2.1 Global Nickel Foam Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Nickel Foam Sales Volume by Region (2021–2026)
5.2.3 Global Nickel Foam Sales Volume by Region (2027–2032)
5.2.4 Global Nickel Foam Sales Volume by Region (%), 2021–2032
5.3 Global Nickel Foam Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Nickel Foam Sales Value, 2021–2032
5.4.2 North America Nickel Foam Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Nickel Foam Sales Value, 2021–2032
5.5.2 Europe Nickel Foam Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Nickel Foam Sales Value, 2021–2032
5.6.2 Asia Pacific Nickel Foam Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Nickel Foam Sales Value, 2021–2032
5.7.2 South America Nickel Foam Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Nickel Foam Sales Value, 2021–2032
5.8.2 Middle East & Africa Nickel Foam Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Nickel Foam Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Nickel Foam Sales Value and Sales Volume
6.2.1 Key Countries/Regions Nickel Foam Sales Value, 2021–2032
6.2.2 Key Countries/Regions Nickel Foam Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Nickel Foam Sales Value, 2021–2032
6.3.2 United States Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Nickel Foam Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Nickel Foam Sales Value, 2021–2032
6.4.2 Europe Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Nickel Foam Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Nickel Foam Sales Value, 2021–2032
6.5.2 China Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.5.3 China Nickel Foam Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Nickel Foam Sales Value, 2021–2032
6.6.2 Japan Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Nickel Foam Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Nickel Foam Sales Value, 2021–2032
6.7.2 South Korea Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Nickel Foam Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Nickel Foam Sales Value, 2021–2032
6.8.2 Southeast Asia Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Nickel Foam Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Nickel Foam Sales Value, 2021–2032
6.9.2 India Nickel Foam Sales Value by Type (%), 2025 vs 2032
6.9.3 India Nickel Foam Sales Value by Application, 2025 vs 2032
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 (2021–2026)
7.1.4 Hunan Corun Nickel Foam Product Offerings
7.1.5 Hunan Corun Recent Developments
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 (2021–2026)
7.2.4 Alantum Nickel Foam Product Offerings
7.2.5 Alantum Recent Developments
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 (2021–2026)
7.3.4 Sumitomo Electric Industries Nickel Foam Product Offerings
7.3.5 Sumitomo Electric Industries Recent Developments
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 (2021–2026)
7.4.4 Wuzhou Sanhe New Material Nickel Foam Product Offerings
7.4.5 Wuzhou Sanhe New Material Recent Developments
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 (2021–2026)
7.5.4 Heze Tianyu Technology Nickel Foam Product Offerings
7.5.5 Heze Tianyu Technology Recent Developments
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 (2021–2026)
7.6.4 Novamet Specialty Products Nickel Foam Product Offerings
7.6.5 Novamet Specialty Products Recent Developments
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 (2021–2026)
7.7.4 JIA SHI DE Nickel Foam Product Offerings
7.7.5 JIA SHI DE Recent Developments
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 (2021–2026)
7.8.4 Kunshan Jiayisheng Nickel Foam Product Offerings
7.8.5 Kunshan Jiayisheng Recent Developments
7.9 Yiyang Foammetal New Material
7.9.1 Yiyang Foammetal New Material Company Information
7.9.2 Yiyang Foammetal New Material Introduction and Business Overview
7.9.3 Yiyang Foammetal New Material Nickel Foam Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Yiyang Foammetal New Material Nickel Foam Product Offerings
7.9.5 Yiyang Foammetal New Material Recent Developments
7.10 Evonik
7.10.1 Evonik Company Information
7.10.2 Evonik Introduction and Business Overview
7.10.3 Evonik Nickel Foam Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Evonik Nickel Foam Product Offerings
7.10.5 Evonik Recent Developments
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 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Nickel Foam Sales Model
8.5.2 Sales Channels
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
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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