Learn about the global metal matrix composite market through The Business Research Company, which provides information on metal matrix composite market size, metal matrix composite market drivers and restraints, metal matrix composite market players, the COVID-19 impact on the metal matrix composite market, and more.

The global metal matrix composite market reached a value of nearly $455.34 million in 2020, having increased at a compound annual growth rate (CAGR) of 6.34% since 2015. The metal matrix composite market is expected to grow from $455.34 million in 2020 to $649.33 million in 2025 at a rate of 7.38%. The metal matrix composite market is then expected to grow at a CAGR of 6.87% from 2025 and reach $905.15 million in 2030.

The increased demand of powder metallurgy will drive the metal matrix composite market during the forecast period.

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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) is a composite material made up of two constituent parts, of which at least one is metal and other material may be a different metal or another material. MMCs are a class of materials (metals, alloys, or intermetallic compounds) that have been reinforced with particles, whiskers, or continuous fibers. MMCs can be excellent substitutes to conventional materials owing to their hardness, specific strengths, and creep resistance.

Global Metal Matrix Composite Market Segments Include:

By Matrix Type: Aluminium MMC, Magnesium MMC, Copper MMC, Super Alloys MMC, Others

By Production Technology: Liquid Metal Infiltration, Powder Metallurgy, Casting, Deposition Techniques

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 was the largest region in the metal matrix composite market, accounting for 36.5% of the total in 2020.

Growing technological advancements are shaping the metal matrix composite market. Major institutes and companies are focusing on projects involving advanced composite materials for the automotive and aerospace industries.

TBRC’s metal matrix composite market report covers:

Major Market Players: Materion Corporation, CPS Technologies Corporation, CeramTec, Ferrotec Holdings Corporation, DWA Aluminum Composites USA

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 (2016-21) and ten years forecast (2022-2026-2031)

The Metal Matrix Composite Market 2022 -Global Forecast 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, leading competitor revenues, profiles and market shares.

TBRC’s metal matrix composite market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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