Foam Nickel Market Size(US$)

CAGR 2026-2032
4.9%
Market Size,2032
USD 273
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Foam Nickel was estimated to be worth US$ 197 million in 2025 and is projected to reach US$ 273 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.
Market Development Opportunities & Main Driving Factors
The foam nickel market is experiencing unprecedented development opportunities, mainly due to the rapid development of the new energy vehicle industry and the urgent demand for high - performance battery materials. With the increasing global attention to environmental protection and sustainable development, the new energy vehicle market is witnessing explosive growth. Foam nickel, as a key electrode material for lithium - ion batteries, can effectively improve the energy density and charging and discharging speed of batteries, thus meeting the requirements of new energy vehicles for high - performance batteries. In addition, in the fields of wearable devices and portable electronic devices, the demand for miniaturized and high - performance batteries is also increasing, further driving the development of the foam nickel market. At the same time, with the continuous progress of science and technology, the application of foam nickel in fields such as catalyst carriers, electromagnetic shielding and sensors is also expanding, providing new impetus for market growth. These factors are working together to keep the foam nickel market growing rapidly in the coming years.
Market Challenges, Risks, & Restraints
Despite the broad prospects of the foam nickel market, it also faces some challenges and risks. First, the fluctuation of raw material prices is an issue that cannot be ignored. Nickel, as an important metal resource, has a large price fluctuation due to the international market supply and demand relationship, geopolitical factors and macroeconomic situation, which brings cost - control pressure to foam nickel - producing enterprises. Secondly, market competition is becoming increasingly fierce. More and more enterprises are entering the foam nickel market, intensifying market competition. Enterprises need to continuously improve their competitiveness in product quality, performance, price and service level to cope with fierce market competition. In addition, the production process of foam nickel is relatively complex, with high requirements for production equipment and process control. This restricts the entry of new enterprises to a certain extent, but also puts forward higher requirements for the technological upgrading and innovation of existing enterprises. Finally, with the increasing environmental protection requirements, the treatment cost of pollutants such as wastewater and waste gas generated in the production process of foam nickel is also increasing, which poses a challenge to the sustainable development of enterprises.
Downstream Demand Trends
Looking at downstream demand, foam nickel has broad application prospects in multiple fields. In the battery field, with the continuous growth of the new energy vehicle market and the continuous pursuit of high - performance batteries, the demand for foam nickel as a battery electrode material will continue to rise. At the same time, in the consumer electronics field, with the popularization of 5G technology and the trend of miniaturization and high performance of electronic products, the demand for foam nickel will also maintain stable growth. In addition, in the field of catalyst carriers, with the development of the environmental protection industry and the increasing demand for efficient catalysts, the application of foam nickel will continue to expand. In the fields of electromagnetic shielding and sensor manufacturing, with the rapid development of the electronic information industry, the demand for high - performance electromagnetic shielding materials and sensors is also increasing. Foam nickel, with its excellent performance, will play an important role in these fields. In the future, with the continuous progress of technology and the diversification of market demand, the application fields and market potential of foam nickel will be further expanded.
MARKET SEGMENTATION
REPORT SCOPE
This report provides a comprehensive view of the global market for Foam Nickel, 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 Foam Nickel 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 Foam Nickel.
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 Foam Nickel 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 Foam Nickel 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 Foam Nickel 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.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Foam Nickel Product Introduction
1.2 Global Foam Nickel Market Size Forecast
1.2.1 Global Foam Nickel Sales Value (2021–2032)
1.2.2 Global Foam Nickel Sales Volume (2021–2032)
1.2.3 Global Foam Nickel Sales Price (2021–2032)
1.3 Foam Nickel Market Trends & Drivers
1.3.1 Foam Nickel Industry Trends
1.3.2 Foam Nickel Market Drivers & Opportunities
1.3.3 Foam Nickel Market Challenges
1.3.4 Foam Nickel 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 Foam Nickel Players Revenue Ranking (2025)
2.2 Global Foam Nickel Revenue by Company (2021–2026)
2.3 Global Foam Nickel Sales Volume Ranking of Players (2025)
2.4 Global Foam Nickel Sales Volume by Company (2021–2026)
2.5 Global Foam Nickel Average Price by Company (2021–2026)
2.6 Key Manufacturers Foam Nickel Manufacturing Base and Headquarters
2.7 Key Manufacturers Foam Nickel Product Offerings
2.8 Key Manufacturers Start of Mass Production of Foam Nickel
2.9 Foam Nickel Market Competitive Analysis
2.9.1 Foam Nickel Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Foam Nickel Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Foam Nickel revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Foam Nickel Market Classification
3.1 Introduction by Type
3.1.1 Continuous Nickel Foam
3.1.2 Special Nickel Foam
3.1.3 Global Foam Nickel Sales Value by Type
3.1.3.1 Global Foam Nickel Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Foam Nickel Sales Value, by Type (2021–2032)
3.1.3.3 Global Foam Nickel Sales Value, by Type (%), 2021–2032
3.1.4 Global Foam Nickel Sales Volume by Type
3.1.4.1 Global Foam Nickel Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Foam Nickel Sales Volume, by Type (2021–2032)
3.1.4.3 Global Foam Nickel Sales Volume, by Type (%), 2021–2032
3.1.5 Global Foam Nickel 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 Foam Nickel Sales Value by Pore Density
3.2.4.1 Global Foam Nickel Sales Value by Pore Density (2021 vs 2025 vs 2032)
3.2.4.2 Global Foam Nickel Sales Value, by Pore Density (2021–2032)
3.2.4.3 Global Foam Nickel Sales Value, by Pore Density (%), 2021–2032
3.2.5 Global Foam Nickel Sales Volume by Pore Density
3.2.5.1 Global Foam Nickel Sales Volume by Pore Density (2021 vs 2025 vs 2032)
3.2.5.2 Global Foam Nickel Sales Volume, by Pore Density (2021–2032)
3.2.5.3 Global Foam Nickel Sales Volume, by Pore Density (%), 2021–2032
3.2.6 Global Foam Nickel 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 Foam Nickel Sales Value by Thickness
3.3.4.1 Global Foam Nickel Sales Value by Thickness (2021 vs 2025 vs 2032)
3.3.4.2 Global Foam Nickel Sales Value, by Thickness (2021–2032)
3.3.4.3 Global Foam Nickel Sales Value, by Thickness (%), 2021–2032
3.3.5 Global Foam Nickel Sales Volume by Thickness
3.3.5.1 Global Foam Nickel Sales Volume by Thickness (2021 vs 2025 vs 2032)
3.3.5.2 Global Foam Nickel Sales Volume, by Thickness (2021–2032)
3.3.5.3 Global Foam Nickel Sales Volume, by Thickness (%), 2021–2032
3.3.6 Global Foam Nickel 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 Foam Nickel Sales Value by Application
4.2.1 Global Foam Nickel Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Foam Nickel Sales Value, by Application (2021–2032)
4.2.3 Global Foam Nickel Sales Value, by Application (%), 2021–2032
4.3 Global Foam Nickel Sales Volume by Application
4.3.1 Global Foam Nickel Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Foam Nickel Sales Volume, by Application (2021–2032)
4.3.3 Global Foam Nickel Sales Volume, by Application (%), 2021–2032
4.4 Global Foam Nickel Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Foam Nickel Sales Value by Region
5.1.1 Global Foam Nickel Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Foam Nickel Sales Value by Region (2021–2026)
5.1.3 Global Foam Nickel Sales Value by Region (2027–2032)
5.1.4 Global Foam Nickel Sales Value by Region (%), 2021–2032
5.2 Global Foam Nickel Sales Volume by Region
5.2.1 Global Foam Nickel Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Foam Nickel Sales Volume by Region (2021–2026)
5.2.3 Global Foam Nickel Sales Volume by Region (2027–2032)
5.2.4 Global Foam Nickel Sales Volume by Region (%), 2021–2032
5.3 Global Foam Nickel Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Foam Nickel Sales Value, 2021–2032
5.4.2 North America Foam Nickel Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Foam Nickel Sales Value, 2021–2032
5.5.2 Europe Foam Nickel Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Foam Nickel Sales Value, 2021–2032
5.6.2 Asia Pacific Foam Nickel Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Foam Nickel Sales Value, 2021–2032
5.7.2 South America Foam Nickel Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Foam Nickel Sales Value, 2021–2032
5.8.2 Middle East & Africa Foam Nickel Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Foam Nickel Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Foam Nickel Sales Value and Sales Volume
6.2.1 Key Countries/Regions Foam Nickel Sales Value, 2021–2032
6.2.2 Key Countries/Regions Foam Nickel Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Foam Nickel Sales Value, 2021–2032
6.3.2 United States Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Foam Nickel Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Foam Nickel Sales Value, 2021–2032
6.4.2 Europe Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Foam Nickel Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Foam Nickel Sales Value, 2021–2032
6.5.2 China Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.5.3 China Foam Nickel Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Foam Nickel Sales Value, 2021–2032
6.6.2 Japan Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Foam Nickel Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Foam Nickel Sales Value, 2021–2032
6.7.2 South Korea Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Foam Nickel Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Foam Nickel Sales Value, 2021–2032
6.8.2 Southeast Asia Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Foam Nickel Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Foam Nickel Sales Value, 2021–2032
6.9.2 India Foam Nickel Sales Value by Type (%), 2025 vs 2032
6.9.3 India Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Hunan Corun Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Alantum Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Sumitomo Electric Industries Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Wuzhou Sanhe New Material Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Heze Tianyu Technology Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Novamet Specialty Products Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 JIA SHI DE Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Kunshan Jiayisheng Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Yiyang Foammetal New Material Foam Nickel 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 Foam Nickel Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Evonik Foam Nickel Product Offerings
7.10.5 Evonik Recent Developments
8 Industry Chain Analysis
8.1 Foam Nickel Industrial Chain
8.2 Foam Nickel 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 Foam Nickel Sales Model
8.5.2 Sales Channels
8.5.3 Foam Nickel 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
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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