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    Metal Matrix Composite Market - Size, Share, Trend & Forecast Analysis

    Metal Matrix Composite Market - Size, Share, Trend & Forecast Analysis
    Report code - SRAM309 Delivery - 2 Weeks
    Metal Matrix Composite Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Metal Matrix Composite Market Insights

    Metal Matrix Composite Market is likely to witness an impressive CAGR of 8.2% during the forecast period. Owing to the excellent properties offered by MMCs such as, high yield strength and tensile strength, high thermal efficiency, better conductivity, and corrosion and chemical resistance, their use is increasing in various end-use industries such as, aerospace, ground transportation, thermal management, and industrial sector, which is a major factor driving the growth of the MMCs market. Further, the rising need for lightweight and strong alternative materials in aerospace and ground transportation industries is one of the other major drivers for the MMCs market during the forecast period.

    Metal Matrix Composite Market - Snapshot

    Growth

    8.2% for the next five years

    Major End-Use Industry Type

    Ground transportation

    Dominant Product Type

    Aluminum MMC

    Region with the highest demand

    North America

    Key Players

    CPS Technologies Corporation, The 3M Company, Deutsche Edelstahlwerke GmbH, Ferrotec Corporation, Sandvik AB, GKN Sinter Metals, and Metal Matrix Cast Composites.        

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    Market Share Analysis

    Metal Matrix Composite Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as ground transportation, aerospace, thermal management, industrial, and others. The ground transportation end-use application segment accounted for the largest market share in 2018, in terms of value and volume, and is expected to maintain its dominance during the forecast period. This is growth is due to the proven and established applications of MMCs in brake discs and engine components. Further, the ground transportation market is estimated to register a higher growth rate driven by its demand for MMC-based materials in automotive and in rail applications.  

    Metal Matrix Composite Market Share: By Product Type

    Based on the product type, the market is segmented as aluminum MMC, magnesium MMC, refractory MMC, and others. The aluminum MMC holds the largest market share in terms of both value and volume, by the virtue of its richer properties and comparatively low production cost. The segment is likely to continue its governance during the forecast period as well.

    Metal Matrix Composite Market Share: By Region

    In terms of regions, North America is estimated to be the largest and fastest growing region in the MMCs market during the forecast period. This growth is due to the presence of established MMC manufacturers and increased consumption of MMC in the aerospace and transportation industries in the North American region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. China and India are the growth engines of the Asia-Pacific region.

    Metal Matrix Composite Market: Key Players

    Some of the major players in the metal matrix composite market are CPS Technologies Corporation, The 3M Company, Deutsche Edelstahlwerke GmbH, Ferrotec Corporation, Sandvik AB, GKN Sinter Metals, and Metal Matrix Cast Composites.        

     

    Market Scope & segmentation

    Metal Matrix Composite is a combination of two constituents among which one has to be metal while the other one can be a metal or a non-metal substance such as ceramic or other.

    Metal Matrix Composite is organized through a number of technologies such as powder metallurgy, liquid infiltration, casting, and others. Ground transportation, aerospace, thermal management, and others are some of the application areas where metal matrix composite is used.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Metal Matrix Composite Market Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    7

         

    The metal matrix composite market is segmented into the following categories. 

    Metal Matrix Composite Market Size, Share & Forecast, by End-Use Industry Type:

    • Ground Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Thermal Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Metal Matrix Composite Market Size, Share & Forecast, by Product Type:

    • Aluminum MMC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Magnesium MMC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Refractory MMC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Metal Matrix Composite Market Size, Share & Forecast, by Production Technology Type:

    • Powder Metallurgy
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Production Technology Type Analysis: Hot Pressing, Ball Mill Mixing, Extrusion/Rolling, and Vacuum Pressing)
    • Liquid Infiltration
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Production Technology Type Analysis: Gas Pressure Infiltration, Squeeze Casting Infiltration Method, and Others)               
    • Casting
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Production Technology Type Analysis: Stir Casting, Gravity Casting, Low-Pressure Casting, and Compo-Casting)
    • Deposition Techniques
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Production Technology Type Analysis: Electroplating, Spray Foaming, and Chemical Vapor Deposition)

    Metal Matrix Composite Market Size, Share & Forecast, by Reinforcement Type:

    • Continuous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Discontinuous
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Reinforcement Type Analysis: Whiskers and Short Fibers)
    • Particle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Metal Matrix Composite Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Metal Matrix Composite?

    Metal Matrix Composite is a combination of two constituents among which one has to be metal while the other one can be a metal or a non-metal substance such as ceramic or other. Metal Matrix Composite is organized through a number of technologies such as powder metallurgy, liquid infiltration, casting, and others. Ground transportation, aerospace, thermal management, and others are some of the application areas where metal matrix composite is used.

    What will be the CAGR of the Metal Matrix Composite Market?

    Metal Matrix Composite Market is likely to witness an impressive CAGR of 8.2% during the forecast period.

    Which country/region is expected to remain the largest Metal Matrix Composite Market?

    In terms of regions, North America is estimated to be the largest and fastest growing region in the MMCs market during the forecast period.

    Who are the key players in the Metal Matrix Composite Market?

    Some of the major players in the metal matrix composite market are CPS Technologies Corporation, The 3M Company, Deutsche Edelstahlwerke GmbH, Ferrotec Corporation, Sandvik AB, GKN Sinter Metals, and Metal Matrix Cast Composites.

    •