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 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.
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
The global Nickel Foam market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Nickel Foam sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Nickel Foam manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Nickel Foam product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
Why This Report
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Nickel Foam value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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 Scope
1.2 Nickel Foam by Type
1.2.1 Global Nickel Foam Sales by Type (2021, 2025 & 2032)
1.2.2 Continuous Nickel Foam
1.2.3 Special Nickel Foam
1.3 Nickel Foam by Application
1.3.1 Global Nickel Foam Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Battery Electrode Material
1.3.3 Fuel Cell
1.3.4 Catalyst Material
1.3.5 Filter Material
1.3.6 Sound Absorbing Material
1.3.7 Others
1.4 Global Nickel Foam Market Estimates and Forecasts (2021-2032)
1.4.1 Global Nickel Foam Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Nickel Foam Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Nickel Foam Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Nickel Foam Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Nickel Foam Historical Market Scenario by Region (2021-2026)
2.2.1 Global Nickel Foam Sales Market Share by Region (2021-2026)
2.2.2 Global Nickel Foam Revenue Market Share by Region (2021-2026)
2.3 Global Nickel Foam Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Nickel Foam Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Nickel Foam Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America Nickel Foam Market Size and Prospects (2021-2032)
2.4.2 China Nickel Foam Market Size and Prospects (2021-2032)
2.4.3 Japan Nickel Foam Market Size and Prospects (2021-2032)
2.4.4 Europe Nickel Foam Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Nickel Foam Historical Market Review by Type (2021-2026)
3.1.1 Global Nickel Foam Sales by Type (2021-2026)
3.1.2 Global Nickel Foam Revenue by Type (2021-2026)
3.1.3 Global Nickel Foam Average Price by Type (2021-2026)
3.2 Global Nickel Foam Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Nickel Foam Sales Forecast by Type (2027-2032)
3.2.2 Global Nickel Foam Revenue Forecast by Type (2027-2032)
3.2.3 Global Nickel Foam Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Nickel Foam
4 Global Market Size by Application
4.1 Global Nickel Foam Historical Market Review by Application (2021-2026)
4.1.1 Global Nickel Foam Sales by Application (2021-2026)
4.1.2 Global Nickel Foam Revenue by Application (2021-2026)
4.1.3 Global Nickel Foam Average Price by Application (2021-2026)
4.2 Global Nickel Foam Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Nickel Foam Sales Forecast by Application (2027-2032)
4.2.2 Global Nickel Foam Revenue Forecast by Application (2027-2032)
4.2.3 Global Nickel Foam Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Nickel Foam Applications
5 Competition Landscape by Players
5.1 Global Nickel Foam Sales by Player (2021-2026)
5.2 Global Top Nickel Foam Players by Revenue (2021-2026)
5.3 Global Nickel Foam Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Nickel Foam revenue as of 2025
5.4 Global Nickel Foam Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Nickel Foam, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Nickel Foam, Product Type & Application
5.7 Global Key Manufacturers of Nickel Foam, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Nickel Foam Sales by Company
6.1.1.1 North America Nickel Foam Sales by Company (2021-2026)
6.1.1.2 North America Nickel Foam Revenue by Company (2021-2026)
6.1.2 North America Nickel Foam Sales Breakdown by Type (2021-2026)
6.1.3 North America Nickel Foam Sales Breakdown by Application (2021-2026)
6.1.4 North America Nickel Foam Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 China Market: Players, Segments, Downstream and Major Customers
6.2.1 China Nickel Foam Sales by Company
6.2.1.1 China Nickel Foam Sales by Company (2021-2026)
6.2.1.2 China Nickel Foam Revenue by Company (2021-2026)
6.2.2 China Nickel Foam Sales Breakdown by Type (2021-2026)
6.2.3 China Nickel Foam Sales Breakdown by Application (2021-2026)
6.2.4 China Nickel Foam Major Customers
6.2.5 China Market Trends and Opportunities
6.3 Japan Market: Players, Segments, Downstream and Major Customers
6.3.1 Japan Nickel Foam Sales by Company
6.3.1.1 Japan Nickel Foam Sales by Company (2021-2026)
6.3.1.2 Japan Nickel Foam Revenue by Company (2021-2026)
6.3.2 Japan Nickel Foam Sales Breakdown by Type (2021-2026)
6.3.3 Japan Nickel Foam Sales Breakdown by Application (2021-2026)
6.3.4 Japan Nickel Foam Major Customers
6.3.5 Japan Market Trends and Opportunities
6.4 Europe Market: Players, Segments, Downstream and Major Customers
6.4.1 Europe Nickel Foam Sales by Company
6.4.1.1 Europe Nickel Foam Sales by Company (2021-2026)
6.4.1.2 Europe Nickel Foam Revenue by Company (2021-2026)
6.4.2 Europe Nickel Foam Sales Breakdown by Type (2021-2026)
6.4.3 Europe Nickel Foam Sales Breakdown by Application (2021-2026)
6.4.4 Europe Nickel Foam Major Customers
6.4.5 Europe Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Hunan Corun
7.1.1 Hunan Corun Company Information
7.1.2 Hunan Corun Business Overview
7.1.3 Hunan Corun Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Hunan Corun Nickel Foam Products Offered
7.1.5 Hunan Corun Recent Development
7.2 Alantum
7.2.1 Alantum Company Information
7.2.2 Alantum Business Overview
7.2.3 Alantum Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Alantum Nickel Foam Products Offered
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 Business Overview
7.3.3 Sumitomo Electric Industries Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.3.4 Sumitomo Electric Industries Nickel Foam Products Offered
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 Business Overview
7.4.3 Wuzhou Sanhe New Material Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Wuzhou Sanhe New Material Nickel Foam Products Offered
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 Business Overview
7.5.3 Heze Tianyu Technology Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Heze Tianyu Technology Nickel Foam Products Offered
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 Business Overview
7.6.3 Novamet Specialty Products Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Novamet Specialty Products Nickel Foam Products Offered
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 Business Overview
7.7.3 JIA SHI DE Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.7.4 JIA SHI DE Nickel Foam Products Offered
7.7.5 JIA SHI DE Recent Development
7.8 Kunshan Jiayisheng
7.8.1 Kunshan Jiayisheng Company Information
7.8.2 Kunshan Jiayisheng Business Overview
7.8.3 Kunshan Jiayisheng Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.8.4 Kunshan Jiayisheng Nickel Foam Products Offered
7.8.5 Kunshan Jiayisheng Recent Development
7.9 Yiyang Foammetal New Material
7.9.1 Yiyang Foammetal New Material Company Information
7.9.2 Yiyang Foammetal New Material Business Overview
7.9.3 Yiyang Foammetal New Material Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Yiyang Foammetal New Material Nickel Foam Products Offered
7.9.5 Yiyang Foammetal New Material Recent Development
7.10 Evonik
7.10.1 Evonik Company Information
7.10.2 Evonik Business Overview
7.10.3 Evonik Nickel Foam Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Evonik Nickel Foam Products Offered
7.10.5 Evonik Recent Development
8 Nickel Foam Manufacturing Cost Analysis
8.1 Nickel Foam Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Nickel Foam
8.4 Nickel Foam Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Nickel Foam Distributors List
9.3 Nickel Foam Customers
10 Nickel Foam Market Dynamics
10.1 Nickel Foam Industry Trends
10.2 Nickel Foam Market Drivers
10.3 Nickel Foam Market Challenges
10.4 Nickel Foam Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
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.
Published Date: 2024-01-18
Pages: 99
USD 3950.00
(Single User License)
The global market for Nickel Foam was valued at US$ 180 million in the year 2024 and is projected to reach a revised size of US$ 245 million by 2031, growing at a CAGR of 4.3% during the forecast period.
Published Date: 2025-06-05
Pages: 94
USD 2900.00
(Single User License)
The global market for Nickel Foam was estimated to be worth US$ 177 million in 2024 and is forecast to a readjusted size of US$ 234 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
Published Date: 2025-01-19
Pages: 109
USD 3950.00
(Single User License)
The global Nickel Foam market is projected to grow from US$ 190 million in 2025 to US$ 245 million by 2031, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period.
Published Date: 2025-06-05
Pages: 148
USD 4900.00
(Single User License)
The global Nickel Foam market size was 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.
Published Date: 2025-09-10
Pages: 79
USD 4250.00
(Single User License)
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.
Published Date: 2025-06-05
Pages: 99
USD 3950.00
(Single User License)
The global Nickel Foam market is projected to grow from US$ 180 million in 2024 to US$ 245 million by 2031, at a CAGR of 4.3% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-07-31
Pages: 137
USD 4900.00
(Single User License)
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.
Published Date: 2026-08-07
Pages: 131
USD 3950.00
(Single User License)
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.
Published Date: 2026-08-07
Pages: 130
USD 2900.00
(Single User License)
The global Nickel Foam market is projected to grow from US$ 197 million in 2025 to US$ 274 million by 2032, at a CAGR of 4.9% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published Date: 2026-08-07
Pages: 134
USD 4900.00
(Single User License)
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.
Published: 2024-01-18
Pages: 99
The global market for Nickel Foam was valued at US$ 180 million in the year 2024 and is projected to reach a revised size of US$ 245 million by 2031, growing at a CAGR of 4.3% during the forecast period.
Published: 2025-06-05
Pages: 94
The global market for Nickel Foam was estimated to be worth US$ 177 million in 2024 and is forecast to a readjusted size of US$ 234 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
Published: 2025-01-19
Pages: 109
The global Nickel Foam market is projected to grow from US$ 190 million in 2025 to US$ 245 million by 2031, at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period.
Published: 2025-06-05
Pages: 148
The global Nickel Foam market size was 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.
Published: 2025-09-10
Pages: 79
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.
Published: 2025-06-05
Pages: 99
The global Nickel Foam market is projected to grow from US$ 180 million in 2024 to US$ 245 million by 2031, at a CAGR of 4.3% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-07-31
Pages: 137
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.
Published: 2026-08-07
Pages: 131
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.
Published: 2026-08-07
Pages: 130
The global Nickel Foam market is projected to grow from US$ 197 million in 2025 to US$ 274 million by 2032, at a CAGR of 4.9% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published: 2026-08-07
Pages: 134
REPORT COVERAGE
DESCRIPTION
MARKET SEGMENTATION
REGIONAL INSIGHTS
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report