Related Articles
According to TMR, the global metal matrix composites market is worth $ 441.58 million in 2017 and is expected to reach $ 894.32 million by 2026, with a CAGR of 8.2% during the forecast period. Some of the key factors influencing market growth include increasing demand for light and strong MMC from ground transportation industry, increasing demand for weight reduction from automotive industry and strength and modulus higher specifics compared to metals. However, complicated manufacturing process is holding back the growth of the market.
Request for Sample with Full Table of Contents and Figures and Charts @ https://www.trendsmarketresearch.com/report/sample/11319
Metal Matrix Composites (MMCs) are composite materials made of a metal and a secondary ingredient which may be a different metal or a non-metallic material such as a ceramic or an organic compound. The main characteristics associated with metal matrix composites are the provision of superior mechanical and physical properties such as tensile strength, fire resistance and moisture resistance and can be used over a wide temperature range.
Based on product type, refractory matrix materials are expected to experience substantial growth in demand over the next seven years due to multi-utility in several application segments including tools, control rods reaction systems, chemical reaction catalysts, solar panels and spacecraft exteriors.
By geography, North America is expected to grow to a significant market share during the forecast period. This is due to the presence of established MMC manufacturers and the increased consumption of MMC in the aerospace and transportation industries in the region.
Some of the major players in the global metal matrix composites market are Sumitomo Electric Industries Ltd., ADMA Products, Inc., 3M, Ceradyne, Inc., Sandvik AB, Plansee SE, Metal Matrix Cast Composites LLC, GKN PLC, Materion Corporation, Hitachi Metals, Ltd., CPS Technologies Corporation, 3A Composites, Deutsche Edelstahlwerke GmbH, TISICS Ltd., Thermal Transfer Composites LLC, and Ferrotec Corporation.
Production technologies covered:
⢠Powder metallurgy
⢠Liquid metal infiltration
⢠Deposition techniques
⢠Casting
Types of products covered:
⢠Refractory metal matrix composite
⢠Composite with a magnesium metal matrix
⢠Aluminum metal matrix composite
⢠Nickel metal matrix composite
⢠Super MMC alloy
⢠Copper MMC
⢠Other types of products
Types of reinforcement covered:
⢠Discontinuous reinforcement
⢠Particle
⢠Continuous reinforcement
End-use industries covered:
⢠Aerospace
⢠Land transportation
⢠Industrial
⢠Electronics and thermal management
⢠Automotive
⢠Other applications
Regions covered:
⢠North America
o United States
o Canada
o Mexico
⢠Europe
o Germany
UK
Italy
France
o Spain
o Rest of Europe
⢠Asia Pacific
Japan
o China
India
Australia
o New Zealand
o South Korea
o Rest of Asia-Pacific
⢠South America
o Argentina
Brazil
o Chile
o Rest of South America
⢠Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Qatar
South Africa
o Rest of the Middle East and Africa
Direct purchase this market research report now @ https://www.trendsmarketresearch.com/checkout/11319/Single
What our report offers:
– Market share assessments for regional and national segments
– Strategic recommendations for new entrants
– Market forecasts for a minimum of 9 years of all mentioned segments, sub-segments and regional markets
– Market trends (drivers, constraints, opportunities, threats, challenges, investment opportunities and recommendations)
– Strategic analysis: drivers and constraints, product / technology analysis, Porter’s five forces analysis, SWOT analysis, etc.
– Strategic recommendations in key business segments based on market estimates
– Competitive landscaping mapping the main common trends
– Company profiling with detailed strategies, financial data and recent developments
– Supply chain trends mapping the latest technological advancements
Free customization offers:
All customers of this report will be eligible to receive one of the following free customization options:
⢠Company profiling
o Complete profiling of additional market players (up to 3)
o SWOT analysis of key players (up to 3)
⢠Regional segmentation
o Market estimates, forecast and CAGR of any major country according to customers’ interest (Note: Depends on feasibility check)
⢠Competitive benchmarking
o Comparative analysis of the main players according to the product portfolio, geographic presence and strategic alliances
Related posts:
- What are the opportunities for composite testing from polymer matrix composites suppliers: Report Fact.MR
- Dot Matrix Printing Market Size and Forecast
- Global Advanced Polymer Matrix Composites Industry Growth Forecast and Analysis 2027 – Chip Design Magazine
- Ceramic Matrix Composites Market Size, Analysis, Forecast to 2029