Increasing investments in infrastructural development as well as the growing healthcare and aerospace sector would propel the growth of the metal foam market over the coming years. Further, increasing demand for electric vehicles where metal foam is used to increase efficiency, speed, and power by producing the lighter vehicles, would drive the North America metal foam market over the forecast period.
According to 6Wresearch, North America Metal Foam Market size is anticipated to register growth during 2019-25. Automotive industry application of metal foam acquired major revenue share in 2018 and is projected to lead the market during the forecast period owing to the increasing sale of electric vehicles in the region. For instance, during the first half of 2019, more than 150 thousand plug-in cars were sold in the US alone.
In the overall North America Metal Foam market share, the United States has captured major pie in 2018 and is expected to lead throughout the forecast period. NASA is exploring the chances of noise reduction in aircrafts using metal foams. The metal foam market is projected to witness substantial growth within the subsequent years owing to these potentialities.
The North America Metal Foam market report thoroughly covers the market by application, material, end-user, and countries including the US, Canada, and the rest of North America. The North America Metal Foam market outlook report provides an unbiased and detailed analysis of the on-going North America Metal Foam market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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Key Highlights of the Report:
- North America Metal Foam Market Overview
- North America Metal Foam Market Overview on Competitive Benchmarking
- North America Metal Foam Market Outlook
- North America Metal Foam Market Forecast
- Market Drivers and Restraints
- North America Metal Foam Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Company Profiles
- Key Strategic Recommendations
- North America Metal Foam Market Share, By Players
- North America Metal Foam Market Share, By Regions
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