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 Nickel Foam market was valued at US$ 197 million in 2025 and is anticipated to reach US$ 274 million by 2032, 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 delivers a comprehensive overview of the global Nickel Foam market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Nickel Foam. The Nickel Foam market size, estimates, and forecasts are provided in terms of output/shipments (K Sqm) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Nickel Foam market comprehensively. Regional market sizes by Type, by Application, by Pore Density, and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Nickel Foam manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, by Pore Density, etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Nickel Foam manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Nickel Foam production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Nickel Foam consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.
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 Nickel Foam Market Overview
1.1 Product Definition
1.2 Nickel Foam by Type
1.2.1 Global Nickel Foam Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Continuous Nickel Foam
1.2.3 Special Nickel Foam
1.3 Nickel Foam by Pore Density
1.3.1 Global Nickel Foam Market Value Growth Rate Analysis by Pore Density: 2025 vs 2032
1.3.2 Coarse-pored (<30 PPI)
1.3.3 Medium-pored (30–100 PPI)
1.3.4 Fine-pored (>100 PPI)
1.4 Nickel Foam by Thickness
1.4.1 Global Nickel Foam Market Value Growth Rate Analysis by Thickness: 2025 vs 2032
1.4.2 Thickness <2mm
1.4.3 Thickness 2–5mm
1.4.4 Thickness >5mm
1.5 Nickel Foam by Application
1.5.1 Global Nickel Foam Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.5.2 Battery Electrode Material
1.5.3 Fuel Cell
1.5.4 Catalyst Material
1.5.5 Filter Material
1.5.6 Sound Absorbing Material
1.5.7 Others
1.6 Global Market Growth Prospects
1.6.1 Global Nickel Foam Production Value Estimates and Forecasts (2021–2032)
1.6.2 Global Nickel Foam Production Capacity Estimates and Forecasts (2021–2032)
1.6.3 Global Nickel Foam Production Estimates and Forecasts (2021–2032)
1.6.4 Global Nickel Foam Market Average Price Estimates and Forecasts (2021–2032)
1.7 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Nickel Foam Production Market Share by Manufacturers (2021–2026)
2.2 Global Nickel Foam Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Nickel Foam, Industry Ranking, 2024 vs 2025
2.4 Global Nickel Foam Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Nickel Foam Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Nickel Foam, Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Nickel Foam, Product Offerings and Applications
2.8 Global Key Manufacturers of Nickel Foam, Date of Entry into the Industry
2.9 Nickel Foam Market Competitive Situation and Trends
2.9.1 Nickel Foam Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Nickel Foam Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Nickel Foam Production by Region
3.1 Global Nickel Foam Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Nickel Foam Production Value by Region (2021–2032)
3.2.1 Global Nickel Foam Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Nickel Foam by Region (2027–2032)
3.3 Global Nickel Foam Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Nickel Foam Production Volume by Region (2021–2032)
3.4.1 Global Nickel Foam Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Nickel Foam by Region (2027–2032)
3.5 Global Nickel Foam Market Price Analysis by Region (2021–2032)
3.6 Global Nickel Foam Production, Value, and Year-over-Year Growth
3.6.1 North America Nickel Foam Production Value Estimates and Forecasts (2021–2032)
3.6.2 China Nickel Foam Production Value Estimates and Forecasts (2021–2032)
3.6.3 Japan Nickel Foam Production Value Estimates and Forecasts (2021–2032)
3.6.4 Europe Nickel Foam Production Value Estimates and Forecasts (2021–2032)
4 Nickel Foam Consumption by Region
4.1 Global Nickel Foam Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Nickel Foam Consumption by Region (2021–2032)
4.2.1 Global Nickel Foam Consumption by Region (2021–2026)
4.2.2 Global Nickel Foam Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Nickel Foam Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Nickel Foam Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Nickel Foam Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Nickel Foam Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Nickel Foam Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Nickel Foam Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Nickel Foam Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Nickel Foam Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Nickel Foam Production by Type (2021–2032)
5.1.1 Global Nickel Foam Production by Type (2021–2026)
5.1.2 Global Nickel Foam Production by Type (2027–2032)
5.1.3 Global Nickel Foam Production Market Share by Type (2021–2032)
5.2 Global Nickel Foam Production Value by Type (2021–2032)
5.2.1 Global Nickel Foam Production Value by Type (2021–2026)
5.2.2 Global Nickel Foam Production Value by Type (2027–2032)
5.2.3 Global Nickel Foam Production Value Market Share by Type (2021–2032)
5.3 Global Nickel Foam Price by Type (2021–2032)
6 Segment by Application
6.1 Global Nickel Foam Production by Application (2021–2032)
6.1.1 Global Nickel Foam Production by Application (2021–2026)
6.1.2 Global Nickel Foam Production by Application (2027–2032)
6.1.3 Global Nickel Foam Production Market Share by Application (2021–2032)
6.2 Global Nickel Foam Production Value by Application (2021–2032)
6.2.1 Global Nickel Foam Production Value by Application (2021–2026)
6.2.2 Global Nickel Foam Production Value by Application (2027–2032)
6.2.3 Global Nickel Foam Production Value Market Share by Application (2021–2032)
6.3 Global Nickel Foam Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Hunan Corun
7.1.1 Hunan Corun Nickel Foam Company Information
7.1.2 Hunan Corun Nickel Foam Product Portfolio
7.1.3 Hunan Corun Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Hunan Corun Main Business and Markets Served
7.1.5 Hunan Corun Recent Developments/Updates
7.2 Alantum
7.2.1 Alantum Nickel Foam Company Information
7.2.2 Alantum Nickel Foam Product Portfolio
7.2.3 Alantum Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 Alantum Main Business and Markets Served
7.2.5 Alantum Recent Developments/Updates
7.3 Sumitomo Electric Industries
7.3.1 Sumitomo Electric Industries Nickel Foam Company Information
7.3.2 Sumitomo Electric Industries Nickel Foam Product Portfolio
7.3.3 Sumitomo Electric Industries Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Sumitomo Electric Industries Main Business and Markets Served
7.3.5 Sumitomo Electric Industries Recent Developments/Updates
7.4 Wuzhou Sanhe New Material
7.4.1 Wuzhou Sanhe New Material Nickel Foam Company Information
7.4.2 Wuzhou Sanhe New Material Nickel Foam Product Portfolio
7.4.3 Wuzhou Sanhe New Material Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 Wuzhou Sanhe New Material Main Business and Markets Served
7.4.5 Wuzhou Sanhe New Material Recent Developments/Updates
7.5 Heze Tianyu Technology
7.5.1 Heze Tianyu Technology Nickel Foam Company Information
7.5.2 Heze Tianyu Technology Nickel Foam Product Portfolio
7.5.3 Heze Tianyu Technology Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Heze Tianyu Technology Main Business and Markets Served
7.5.5 Heze Tianyu Technology Recent Developments/Updates
7.6 Novamet Specialty Products
7.6.1 Novamet Specialty Products Nickel Foam Company Information
7.6.2 Novamet Specialty Products Nickel Foam Product Portfolio
7.6.3 Novamet Specialty Products Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Novamet Specialty Products Main Business and Markets Served
7.6.5 Novamet Specialty Products Recent Developments/Updates
7.7 JIA SHI DE
7.7.1 JIA SHI DE Nickel Foam Company Information
7.7.2 JIA SHI DE Nickel Foam Product Portfolio
7.7.3 JIA SHI DE Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 JIA SHI DE Main Business and Markets Served
7.7.5 JIA SHI DE Recent Developments/Updates
7.8 Kunshan Jiayisheng
7.8.1 Kunshan Jiayisheng Nickel Foam Company Information
7.8.2 Kunshan Jiayisheng Nickel Foam Product Portfolio
7.8.3 Kunshan Jiayisheng Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 Kunshan Jiayisheng Main Business and Markets Served
7.8.5 Kunshan Jiayisheng Recent Developments/Updates
7.9 Yiyang Foammetal New Material
7.9.1 Yiyang Foammetal New Material Nickel Foam Company Information
7.9.2 Yiyang Foammetal New Material Nickel Foam Product Portfolio
7.9.3 Yiyang Foammetal New Material Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 Yiyang Foammetal New Material Main Business and Markets Served
7.9.5 Yiyang Foammetal New Material Recent Developments/Updates
7.10 Evonik
7.10.1 Evonik Nickel Foam Company Information
7.10.2 Evonik Nickel Foam Product Portfolio
7.10.3 Evonik Nickel Foam Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 Evonik Main Business and Markets Served
7.10.5 Evonik Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Nickel Foam Industry Chain Analysis
8.2 Nickel Foam Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Nickel Foam Production Modes and Processes
8.4 Nickel Foam Sales and Marketing
8.4.1 Nickel Foam Sales Channels
8.4.2 Nickel Foam Distributors
8.5 Nickel Foam Customer Analysis
9 Nickel Foam Market Dynamics
9.1 Nickel Foam Industry Trends
9.2 Nickel Foam Market Drivers
9.3 Nickel Foam Market Challenges
9.4 Nickel Foam Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Nickel Foam market size was US$ 197 million in 2025 and is forecast to reach a readjusted size of US$ 274 million by 2032 with a CAGR of 4.9% during the forecast period 2026-2032.
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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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