Metal Matrix Composite Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2027

 

Metal Matrix Composite Market

The global Metal Matrix Composite Market research report published by Reports and Data offers a comprehensive study of the overall industry to help customers and investors understand the market dynamics and formulate strategic investment plans. The report provides an extensive assessment of the key organizations operating in the materials and chemicals industry to offer better insights into competition scenario and market size on a global and regional level. Growing competition in the global market has led to increasing innovation and technological advancement in the sector to meet the rising demand of environmentally conscious consumers. The report offers crucial and accurate data obtained through extensive primary and secondary research. The report also analyzes the manufacturing and consumption of products to give an accurate forecast estimation of the global Metal Matrix Composite market.

The Materials and Chemicals sector encompasses a wide range of commodity-related manufacturing industries. Included in this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel. Materials and chemicals are used across various end-use industries such as medical & pharmaceutical, food technology, manufacturing, among others. Increasing consumer awareness regarding energy-efficiency and growing need to reduce carbon emissions have prompted industry layers to produce goods in a manner that it has least impact on the environment.

The report also utilizes key statistical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and venture return analysis to offer better insights into the market landscape. The report also covers recent developments and trends and provides a comprehensive industry overview to help readers understand the complete scenario and dynamics of the Metal Matrix Composite market.

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Key participants include: CPS Technologies Corporation, Materion Corporation, GKN Sinter Metals, Metal Matrix Cast Composites, 3M, Deutsche Edelstahlwerke GmbH, Sandvik AB, Ferrotec Corporation, Plansee Se, and Ceramtec, among others. 

Metal Matrix Composite Segmentation:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Aluminum Metal Matrix Composite
  • Magnesium Metal Matrix Composite
  • Refractory Metal Matrix Composite
  • Others

Production Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Liquid Metal Infiltration
  • Powder Metallurgy
  • Casting
  • Depositions Techniques

 End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Ground Transportation
  • Thermal Management
  • Aerospace
  • Industrial
  • Others

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Further key findings from the report suggest

  • Metal matrix composites material has a low thermal expansion coefficient and high thermal conductivity than aluminum and copper, thereby promoting its use in semiconductor manufacturing. Metal matrix composite protects devices from radiofrequency and thermal stress and has wide applications in the electronic packing system.
  • In Europe, the Metal matrix composites market is driven by Germany, France, and the U.K. and is expected to witness steady growth. An increase in consumer spending on healthcare and automobile sector may drive regional growth.
  • Among the regional segment of the metal matrix composite market, North America is leading the market at present with 34.8% of the global market revenue. Asia-Pacific is expected to register the highest CAGR of 6.4% over the forecasted period.
  • The robotic application may witness favorable gains over the forecasted period. The global industrial robotic market may exceed over USD 80 billion by 2024. Metal matrix composites have excellent mechanical strength, high temperatures resistance, lightweight, and better wear & tear resistance makes them a suitable material for robot construction.
  • Among the product segment of the metal matrix composite market, the refractory metal matrix is presently leading the market, and it will continue to dominate with an estimate to register the highest CAGR of 6.2% over the forecasted period.

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