Acumen Research and Consulting, a global provider of market research studies, in a latest published report titled “Ceramic Foam Filtration Market (Type: Aluminum Oxide Type, Zirconium Oxide Type, Silicon Carbide Type, Others; Application: Metallurgical Industry Filter, Thermal & Sound Insulating Material, Automobile Exhaust-gas Purification, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025”.
LOS ANGELES, Jan. 21, 2019 (GLOBE NEWSWIRE) -- Global ceramic foam filtration market is expected to reach the market value of over $500 million by 2025 and is anticipated to grow at a CAGR of around 4.9% in terms of revenue during the forecasting period 2018 – 2025. The global ceramic foam filtration market is expected to showcase a robust growth in forthcoming years, according to ARC. As per the report, chemical stability, high mechanical strength, good resistance to thermal shock and liquid metal flow shock even under high temperature environment are some important properties of ceramic foams resulting in its increasing adoption in a number of applications.
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An extensive variety of ceramic materials have been created as foams utilizing the new procedure. In general, foams in the range of 5% to 40% of hypothetical thickness can be created. Ceramic foams have so far been created in an assortment of materials with different cell sizes, densities, and level of interconnectivity. On the other hand, innovative advancements in course of recent years in this field have prompted its application in different ventures. Ceramic foam offers heat resistance and high temperature and is utilized as a decent separator in a few applications. It is utilized in warm and acoustic protection. However, the expense of generation of ceramic foam is high because of high cost of crude materials and creation system which is foreseen to frustrate the development of market amid the conjecture time frame. Headways in the production method to create improved quality ceramic foam filters is likely to provide growth opportunities for ceramic foam filters market.
Ceramic foam filters are predominantly utilized in metallurgy and foundry industry. In the casting of fluid metal, ceramic filter can filter contaminations, improve casting quality, and reduce casting porosity, thus decreasing the casting cost and increasing work efficiency ultimately increasing the demand for ceramic foam filter. Porous ceramics can be manufactured in a variety of pore ranges, pore size distribution and amounts of closed and open porosity.
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Applications of these porous ceramics exist in the field of filtration and separation techniques (i.e. dedusting, filtration of liquids, diesel particulate filtration), heat and sound insulation, in thermal and chemical process engineering (i.e. porous burners, catalyst supports), medical technology (e.g. bone substitution materials) and in lightweight progress. Via foaming procedure, the pore structure can be varied so that specific sound and thermal insulation properties can be achieved. Utilizing a cellular ceramic substrate, with minimal effort, the dynamic segment is solid bond, hard to inactivation and long life; New Rare Earth - zirconium - titanium, increment the warmth opposition and movement of the impetus; change metals, soluble earth metal, a little measure of valuable metals of dynamic fixings, with a sanitization rate, long life, low start temperature; new oxygen stockpiling materials, decreases the start temperature of the impetus and progress temperature.
Insights on Market Segments
Global ceramic foam filtration market is segmented by type, application and geography. Based on different types, the market is segmented into aluminum oxide type, zirconium oxide type, silicon carbide type, and others. Also, by application, ceramic foam filtration market is further bifurcated into metallurgical industry filter, thermal & sound insulating material, automobile exhaust-gas purification, and others. Based on geography, market is classified into USA, China, Europe, Japan, India, Southeast Asia followed by major countries.
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Asia-Pacific was the largest market for ceramic foam filter market, in terms of value, in 2017 owing to the high usage of insulation materials. Whereas, India is anticipate grow at a highest CAGR through the forecasting timeframe. The increasing populace and disposable earnings of customers together with less rigorous policies have enabled the country to emerge as one of the fastest-growing markets for consumer electronics, automotive, and aviation. Thus, the growth in these industries is estimated to drive the consumption of ceramic foam in aluminum, copper, and iron casting applications which in turn is boosting the ceramic foam filtration market. North America is the second largest market, in terms of revenue and sales and the ceramic foam filtration market size was over $100 million in 2017 and will be over $140 million by 2025, with a CAGR around 4.6% from 2018 to 2025. On the other hand, China, Japan, and Southeast Asia also hold a significant share in the global market.
The players profiled in the report include Drache, Vertix Co., Lanik s.r.o., Vesuvius plc, Selee Corporation, Protech Industries, Dynocast, JiangXiJinTai Special Material Limited Liability Company, Filtec Precision Ceramics Co. Ltd., and Others. Additionally, some of the manufacturer designs type of ceramic foam filters which advance class of nodular graphite iron castings, tenacity iron castings, grey iron castings, drop turbulent of iron solution at feeder mouth. It can tolerate rough environment in the method of molding.
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