Nickel Based Metal Porous Materials Market By Type (Sintered Porous Metal, Metal Fiber Felt, Nickel Foam, & Others), By Application (Chemical & Petrochemical, Refineries, Electronics, Automotive, Medical, Food & Beverage, Nuclear, & Others) - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: CMR 32978 Report Format: PDF + Excel

Nickel Based Metal Porous Materials Market Overview

Nickel based metal porous materials market size is forecast to reach US$523.7 million by 2027, after growing at a CAGR of 4.0% from 2022 to 2027. Globally, the rising demand for nickel based metal porous materials owing to its electrical and thermal conductivity, large specific surface area, high specific strength, good sound absorption and noise reduction capabilities, and great permeability in several end-use sectors is estimated to drive the market growth. Metal porous materials such as sintered porous metal, metal fiber felt, nickel foam, and others have become widely utilized functional materials. With increased demand for nickel based metal porous materials in the metallurgy, novel catalyst, electronic device, biomedicine, and other areas in recent years, higher requirements for their porosity and pore structure properties have been proposed. Thus, which is also further estimated to drive the market growth over the forecast period.

COVID – 19 Impact:

During the COVID-19 pandemic, many industries had suffered a tumultuous time and it was no different for the global nickel based metal porous materials market. Many governments across the globe implemented lockdown regulations and factories & production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed lockdown protocols. During the pandemic, there was an unprecedented decline in the chemical industry as well as in the automotive industry. For instance, according to the Organisation Internationale des Constructeurs d’Automobiles (OICA), the production of passenger vehicles declined from 16.9% in 2019 to 2020. Thus, this hampered the demand for nickel based metal porous materials as sintered porous metal filter, nickel fiber felt, and others, are widely used in these industries. However, as the pandemic has largely subsided and companies have restarted production in various sectors, the demand for nickel based metal porous materials is also estimated to rise over the forecast period.

Report Coverage

The report " Nickel Based Metal Porous Materials Market Report – Forecast (2022-2027)" by IndustryARC covers an in-depth analysis of the following segments of the nickel based metal porous materials industry.

By Type: Sintered Porous Metal, Metal Fiber Felt, Nickel Foam, and Others
By Application: Chemical and Petrochemical, Refineries, Electronics, Automotive, Medical, Food and Beverage, Nuclear, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

  • The Asia-Pacific region dominates the nickel based metal porous materials market due to the rising growth and investments in the chemical and petrochemical, refineries, electronics, automotive, medical, and other end-use industries.
  • Since, porous metals outperform plastic foams in terms of strength, heat resistance, and fire resistance, as well as porous ceramics in terms of thermal shock resistance, thermal and electrical conductivity, processability, and ease of installation. Thus, it has raised the demand for nickel based metal porous materials.
  • In the foreseeable future, with the rising demand for nickel batteries the growth for nickel based metal porous materials is estimated to rise.
  • Furthermore, fluctuating price of raw materials and rising health effects associated with nickel metals would create challenges for the growth of the nickel based metal porous materials industry.

Figure: Asia-Pacific Nickel Based Metal Porous Materials Market Revenue, 2021-2027 (US$ Million)
Nickel Based Metal Porous Materials Market
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Nickel Based Metal Porous Materials Market Segment Analysis – By Type

Sintered porous metal held the largest share in the nickel based metal porous materials market and is expected to continue its dominance over the period 2022-2027. Sintered porous nickel owing to its low pressure loss, good air permeability, uniform pore size, small initial resistance, high porosity, easy back blowing, easy cleaning, strong regeneration ability and long service life, is widely preferred in the nickel based metal porous materials industry. Generally, after blending and reduction, nickel porous materials generated by sintering nickel oxalate and NaCl have a pore structure constituted of lapped pores between the fibrous nickel particles and the prefabricated pores formed by the pore-forming agent. Currently, sintered nickel is a type of porous metal fiber made by pressing nickel or pre-alloyed nickel powder into tubes or sheets and then sintering at high temperatures. In the upcoming years, the growing demand for sintered porous metal due to its alluring properties has further inclined the growth of the nickel based metal porous materials market.

Nickel Based Metal Porous Materials Market Segment Analysis – By Application

The food and beverage sector dominated the nickel based metal porous materials market with 27.2% in 2021 and is projected to grow at a CAGR of 4.5% during 2022-2027. Increasing usage of sintered porous metal filter in the food and beverage purification and filtering has driven the growth of the industry. Rising growth of the food and beverage sector is estimated to drive the growth of the nickel based metal porous materials industry. For instance, Biotics Research Corporation, a nutritional supplement manufacturer, plans to invest US$9 million in the construction of an 88,000-square-foot warehouse, laboratory, and office facility in Rosenberg, Texas. The project is expected to be completed in 2023. Also, General Assembly Holdings, a maker of specialty food items, is proposing a refurbishment and equipment upgrades at a recently leased 42,000-square-foot processing facility in Vaughan, Ontario. The project is expected to be completed in 2022. With such developments the demand for sintered porous metal filter is estimated to increase and further drive the nickel based metal porous materials market growth.

Nickel Based Metal Porous Materials Market Segment Analysis – By Geography

Asia-Pacific region dominated the nickel based metal porous materials market with a share of 43.5% in 2021. The market in the region is witnessing expansions with increasing government investments for the growth of the chemical and petrochemical, refineries, electronics, automotive, medical, and other end-use sectors in the emerging economies such as China, India, and Japan. According to the India Investment Grid (IIG), the chemical sector in India stood US$ 178 billion in 2018-19, and with a projected annual growth rate of 9.3% it is anticipated to be worth US$ 304 billion by 2024-25. Additionally, state refiners in India plan to invest 2 trillion rupees ($26.96 billion) by 2025 to increase oil refining capacity by 20% in Asia's third-largest economy. Thus, with the growth of the end-use sectors the demand for nickel based metal porous materials is estimated to rise in the APAC region over the forecast period.

Nickel Based Metal Porous Materials Market Drivers

Increasing Demand for Nickel Based Metal Porous Materials in Batteries.

The rapidly rising production and consumption of batteries has raised the demand for nickel based metal porous materials in recent years. Among metal porous materials, nickel metal porous materials have the benefit of being resistant to salt and alkali corrosion. Thus, these materials are commonly utilized in the manufacture of functional materials such as filter materials, capillary wicks, and battery electrodes. Also, owing to the nickel fiber felt electrode advantages such as high porosity, large specific surface area, low internal resistance, extended service life, quick charging, high specific power, and others, has driven its demand in the battery production. Currently, with the rise in nickel battery production the demand for nickel based metal porous materials has increased. For instance, in January 2022, Tesla entered into a new agreement to get nickel for battery cell manufacture from a new mine in the United States. It's a historic agreement that will assist support prospective new mining projects by sourcing crucial battery material in the United States. Similarly, South Korea's main three electric car battery manufacturers, LG Energy Solution Ltd., SK On, and Samsung SDI Co., are preparing for full-scale production of next-generation batteries with high nickel content, as per the news report published in October 2021. At the end of 2021, global automakers such as BMW AG and General Motors Co. also planned to release new EVs outfitted with high-nickel batteries manufactured by Samsung SDI and LG Energy, respectively. Thus, with such initiatives the demand for nickel based metal porous materials in the production of batteries is further estimated to rise over the projected period.

Nickel Based Metal Porous Materials Market Challenges

Health effects Associated with Nickel Metal

One of the major challenges faced by the nickel based metal porous materials industry are the harmful health effects associated with the nickel metal. While nickel can be found naturally in water and soil, it is most commonly found in areas of human contamination. It is excreted in tiny amounts through the urine or the intestinal tract; but, in greater dosages, it is poisonous and can cause major health problems such as dermatitis due to contact, lung cancer, neurological issues, failure of the kidneys and liver, coronary artery disease, and many others. Thus, due to such effects the nickel based metal porous materials market is anticipated to face challenges in the upcoming years.

Nickel Based Metal Porous Materials Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the nickel based metal porous materials market. Global nickel based metal porous materials top 10 companies include:

  1. Martin Kurz & Company
  2. GKN
  3. MTIKorea
  4. Exxentis
  5. HENGKO Technology
  6. Nanoshel
  7. Vale
  8. Sumitomo Electric
  9. Corun
  10. HGP, and others

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1. Nickel Based Metal Porous Materials Market- Market Overview
    1.1 Definitions and Scope
2. Nickel Based Metal Porous Materials Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Application
    2.3 Key Trends by Geography
3. Nickel Based Metal Porous Materials Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Nickel Based Metal Porous Materials Market - Startup Companies Scenario Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Nickel Based Metal Porous Materials Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Nickel Based Metal Porous Materials Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Nickel Based Metal Porous Materials Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Nickel Based Metal Porous Materials Market – By Type (Market Size -US$ Million/Billion)
    8.1 Sintered Porous Metal
    8.2 Metal Fiber Felt
    8.3 Nickel Foam
    8.4 Others
9. Nickel Based Metal Porous Materials Market – By Application (Market Size -US$ Million/Billion)
    9.1 Chemical and Petrochemical
    9.2 Refineries
    9.3 Electronics
    9.4 Automotive
    9.5 Medical
    9.6 Food and Beverage
    9.7 Nuclear
    9.8 Others
10. Nickel Based Metal Porous Materials Market - By Geography (Market Size -US$ Million/Billion)
    10.1 North America
        10.1.1 USA
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherlands
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zealand
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Nickel Based Metal Porous Materials Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Nickel Based Metal Porous Materials Market – Industry/Segment Competition Landscape Premium
    12.1 Company Benchmarking Matrix – Major Companies
    12.2 Market Share at Global Level – Major companies
    12.3 Market Share by Key Region – Major companies
    12.4 Market Share by Key Country – Major companies
    12.5 Market Share by Key Application – Major companies
    12.6 Market Share by Key Product Type/Product category – Major companies
13. Nickel Based Metal Porous Materials Market – Key Company List by Country Premium Premium
14. Nickel Based Metal Porous Materials Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1Company 1
    14.2Company 2
    14.3Company 3
    14.4Company 4
    14.5Company 5
    14.6Company 6
    14.7Company 7
    14.8Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies*"
LIST OF TABLES

1.Global Key Manufacturers Market 2019-2024 ($M)
1.1 GKN Market 2019-2024 ($M) - Global Industry Research
1.2 Martin Kurz Company Market 2019-2024 ($M) - Global Industry Research
1.3 Exxentis Market 2019-2024 ($M) - Global Industry Research
1.4 Nanoshel Market 2019-2024 ($M) - Global Industry Research
1.5 MTI Market 2019-2024 ($M) - Global Industry Research
1.6 Sumitomo Electric Market 2019-2024 ($M) - Global Industry Research
1.7 HENGKO Technology Market 2019-2024 ($M) - Global Industry Research
1.8 Vale Market 2019-2024 ($M) - Global Industry Research
1.9 Corun Market 2019-2024 ($M) - Global Industry Research
1.10 HGP Market 2019-2024 ($M) - Global Industry Research
2.Global Key Manufacturers Market 2019-2024 (Volume/Units)
2.1 GKN Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Martin Kurz Company Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Exxentis Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Nanoshel Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 MTI Market 2019-2024 (Volume/Units) - Global Industry Research
2.6 Sumitomo Electric Market 2019-2024 (Volume/Units) - Global Industry Research
2.7 HENGKO Technology Market 2019-2024 (Volume/Units) - Global Industry Research
2.8 Vale Market 2019-2024 (Volume/Units) - Global Industry Research
2.9 Corun Market 2019-2024 (Volume/Units) - Global Industry Research
2.10 HGP Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Key Manufacturers Market 2019-2024 ($M)
3.1 GKN Market 2019-2024 ($M) - Regional Industry Research
3.2 Martin Kurz Company Market 2019-2024 ($M) - Regional Industry Research
3.3 Exxentis Market 2019-2024 ($M) - Regional Industry Research
3.4 Nanoshel Market 2019-2024 ($M) - Regional Industry Research
3.5 MTI Market 2019-2024 ($M) - Regional Industry Research
3.6 Sumitomo Electric Market 2019-2024 ($M) - Regional Industry Research
3.7 HENGKO Technology Market 2019-2024 ($M) - Regional Industry Research
3.8 Vale Market 2019-2024 ($M) - Regional Industry Research
3.9 Corun Market 2019-2024 ($M) - Regional Industry Research
3.10 HGP Market 2019-2024 ($M) - Regional Industry Research
4.South America Key Manufacturers Market 2019-2024 ($M)
4.1 GKN Market 2019-2024 ($M) - Regional Industry Research
4.2 Martin Kurz Company Market 2019-2024 ($M) - Regional Industry Research
4.3 Exxentis Market 2019-2024 ($M) - Regional Industry Research
4.4 Nanoshel Market 2019-2024 ($M) - Regional Industry Research
4.5 MTI Market 2019-2024 ($M) - Regional Industry Research
4.6 Sumitomo Electric Market 2019-2024 ($M) - Regional Industry Research
4.7 HENGKO Technology Market 2019-2024 ($M) - Regional Industry Research
4.8 Vale Market 2019-2024 ($M) - Regional Industry Research
4.9 Corun Market 2019-2024 ($M) - Regional Industry Research
4.10 HGP Market 2019-2024 ($M) - Regional Industry Research
5.Europe Key Manufacturers Market 2019-2024 ($M)
5.1 GKN Market 2019-2024 ($M) - Regional Industry Research
5.2 Martin Kurz Company Market 2019-2024 ($M) - Regional Industry Research
5.3 Exxentis Market 2019-2024 ($M) - Regional Industry Research
5.4 Nanoshel Market 2019-2024 ($M) - Regional Industry Research
5.5 MTI Market 2019-2024 ($M) - Regional Industry Research
5.6 Sumitomo Electric Market 2019-2024 ($M) - Regional Industry Research
5.7 HENGKO Technology Market 2019-2024 ($M) - Regional Industry Research
5.8 Vale Market 2019-2024 ($M) - Regional Industry Research
5.9 Corun Market 2019-2024 ($M) - Regional Industry Research
5.10 HGP Market 2019-2024 ($M) - Regional Industry Research
6.APAC Key Manufacturers Market 2019-2024 ($M)
6.1 GKN Market 2019-2024 ($M) - Regional Industry Research
6.2 Martin Kurz Company Market 2019-2024 ($M) - Regional Industry Research
6.3 Exxentis Market 2019-2024 ($M) - Regional Industry Research
6.4 Nanoshel Market 2019-2024 ($M) - Regional Industry Research
6.5 MTI Market 2019-2024 ($M) - Regional Industry Research
6.6 Sumitomo Electric Market 2019-2024 ($M) - Regional Industry Research
6.7 HENGKO Technology Market 2019-2024 ($M) - Regional Industry Research
6.8 Vale Market 2019-2024 ($M) - Regional Industry Research
6.9 Corun Market 2019-2024 ($M) - Regional Industry Research
6.10 HGP Market 2019-2024 ($M) - Regional Industry Research
7.MENA Key Manufacturers Market 2019-2024 ($M)
7.1 GKN Market 2019-2024 ($M) - Regional Industry Research
7.2 Martin Kurz Company Market 2019-2024 ($M) - Regional Industry Research
7.3 Exxentis Market 2019-2024 ($M) - Regional Industry Research
7.4 Nanoshel Market 2019-2024 ($M) - Regional Industry Research
7.5 MTI Market 2019-2024 ($M) - Regional Industry Research
7.6 Sumitomo Electric Market 2019-2024 ($M) - Regional Industry Research
7.7 HENGKO Technology Market 2019-2024 ($M) - Regional Industry Research
7.8 Vale Market 2019-2024 ($M) - Regional Industry Research
7.9 Corun Market 2019-2024 ($M) - Regional Industry Research
7.10 HGP Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
2.Canada Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
3.Mexico Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
4.Brazil Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
5.Argentina Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
6.Peru Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
7.Colombia Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
8.Chile Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
9.Rest of South America Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
10.UK Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
11.Germany Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
12.France Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
13.Italy Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
14.Spain Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
15.Rest of Europe Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
16.China Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
17.India Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
18.Japan Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
19.South Korea Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
20.South Africa Nickel Based Metal Porous Materials Market Revenue, 2019-2024 ($M)
21.North America Nickel Based Metal Porous Materials By Application
22.South America Nickel Based Metal Porous Materials By Application
23.Europe Nickel Based Metal Porous Materials By Application
24.APAC Nickel Based Metal Porous Materials By Application
25.MENA Nickel Based Metal Porous Materials By Application