The Global Metal Matrix Composite Market Report by The Business Research Company covers metal matrix composite market drivers and restraints, metal matrix composite market size, major players, and the impact of COVID-19 on the metal matrix composite market.
The metal matrix composite market consists of sales metal matrix composites by entities (organizations, sole traders, and partnerships) that manufacture metal matrix composite materials. Metal matrix composites (MMCs) are a class of materials (metals, alloys, or intermetallic compounds) that have been reinforced with particles, whiskers, or continuous fibers. MMCs are excellent substitutes to conventional materials owing to their hardness, specific strength, and creep resistance.
The global metal matrix composites market is expected to grow from $329.11 million in 2020 to $352.76 million in 2021 at a compound annual growth rate (CAGR) of 7.2%. The growth in the metal matrix composite market is mainly due to the increasing usage of MMC in the automotive & transportation and aerospace sector, growing focus on performance enhancement, rising concerns regarding environmental degradation and increasing levels of carbon emissions. The market is expected to reach $539.66 million in 2025 at a CAGR of 11.2%.
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Some metal matrix composite market trends include growing technological advancements. Major institutes and companies are focusing on projects involving advanced composite materials for the automotive and aerospace industries.
Global metal matrix composite market segments include:
1) By Matrix Type: Aluminum MMC, Magnesium MMC, Copper MMC, Super Alloys MMC, Others
2) By Production Technology: Liquid Metal Infiltration, Powder Metallurgy, Casting, Deposition Techniques
3) By End-Use Industry: Automotive And Transportation, Aerospace And Defense, Electrical And Electronics, Industrial, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global metal matrix composite market share.
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The Metal Matrix Composite Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides metal matrix composite market overviews, analyzes and forecasts market size, share, metal matrix composite market players, metal matrix composite market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The metal matrix composite identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Metal Matrix Composite Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: 3M, CPS Technologies, GKN Sinter Metals, CeramTec, Ferrotec Corporation, Sandvik, Plansee, ADMA Products, Metal Matrix Cast Composites LLC, TISICS, DWA Aluminum Composites, Mi-Tech Tungsten Metals, AMETEK Specialty Metals Products, Santier, and Denka Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Metal Matrix Composite Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Metal Matrix Composite Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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