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Metal Matrix Composites: Global Strategic Business Report

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    Report

  • 189 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 450631

Global Metal Matrix Composites Market to Reach $941.8 Million by 2030

The global market for Metal Matrix Composites estimated at US$698.5 Million in the year 2022, is projected to reach a revised size of US$941.8 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Aluminum Matrix Composites, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$365.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Refractory Metal Matrix Composites segment is readjusted to a revised 4.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $190.3 Million, While China is Forecast to Grow at 6.4% CAGR

The Metal Matrix Composites market in the U.S. is estimated at US$190.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$193.3 Million by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$125.5 Million by the year 2030.

Select Competitors (Total 34 Featured) -

  • 3A Composites
  • 3M Company
  • ADMA Products, Inc.
  • AMETEK Specialty Metal Products
  • Ceradyne, Inc.
  • CPS Technologies Corporation
  • Deutsche Edelstahlwerke GmbH
  • DWA Aluminum Composites USA, Inc.
  • GKN plc
  • Hitachi Metals, Ltd.
  • Materion Corp.
  • Mi-Tech Tungsten Metals, Inc.
  • SANTIER, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Thermal Transfer Composites LLC
  • TISICS Ltd.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Metal Matrix Composites

What is the estimated value of the Global Market for Metal Matrix Composites?

The Global Market for Metal Matrix Composites was estimated to be valued at $698.5 Million in 2022.

What is the growth rate of the Global Market for Metal Matrix Composites?

The growth rate of the Global Market for Metal Matrix Composites is 3.8%, with an estimated value of $941.8 Million by 2030.

What is the forecasted size of the Global Market for Metal Matrix Composites?

The Global Market for Metal Matrix Composites is estimated to be worth $941.8 Million by 2030.

Who are the key companies in the Global Market for Metal Matrix Composites?

Key companies in the Global Market for Metal Matrix Composites include 3A Composites, 3M Company, ADMA Products, Inc., AMETEK Specialty Metal Products, Ceradyne, Inc., CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH, DWA Aluminum Composites USA, Inc., GKN plc and Hitachi Metals, Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Recent Market Activity
  • Composites - A Prelude
  • Metal Matrix Composites - A Review
  • Improving Economy Buoys General Market Optimism
  • Steady Acceleration in Global PMI Benefits Market Growth in Industrial Sector
  • Market Outlook
  • Competitive Landscape - A Brief Overview
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Metal Matrix Composites - Global Key Competitors Percentage Market Share in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Matrix Composites - the Future of Metals
  • Ground Transportation Industry - The Largest Revenue Contributor
  • Automotive Industry - A Major End-Use Market for Metal Matrix Composite
  • Aluminum Metal Matrix - The Most Preferred in Automotive Industry
  • Nanotechnology Technique Used for Advanced Engineering Materials
  • Increase in Automotive Production Augurs Well for the Market
  • Opportunity Indicators
  • Railways - Market Laden with Tremendous Potential
  • Electronics Sector Offers Robust Growth Opportunities for MMCs
  • Opportunities Aplenty in Electronics Packaging & Thermal Management Applications
  • Opportunity Indicators
  • Healthy Outlook for the World Commercial Aviation Industry Drives Demand for Metal Matrix Composites
  • Rise in Aircraft Fleet Drive Long-Term Opportunities
  • Defense Aerospace Presents Steady Growth Prospects for Metal Matrix Composites
  • Developments and Innovations Underway
  • A Look into Other Defense Related Applications for MMCs
  • Review of Defense Budgets & Implications on Adoption of MMCs in Production of Military/Defense Related Products
  • Nuclear Power Continues to Find Attention - To Boost Market Prospects
  • Opportunity Indicators
  • Expanding Applications to Drive Future Growth
  • Metal Composite Materials Find Increased Usage in Buildings
  • Sports and Biomedical Sectors
  • Power Transmission Segment Offers Plenty of Opportunities
  • MMC Issues & Challenges
  • The Way Forward
  • Hybrid MMCs for Better Mechanical Properties
  • Nano Particles-Reinforced MMCs - A Most Recent Advancement
  • Potential Applications of Nano Particles-reinforced MMCs
  • New Stir-Casting Method for Economically Viable Production of MMCs in Large Quantities
  • Ceramic-Matrix-Composites Gain Popularity for Aircraft Engines but Issues Persist
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Ground Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Ground Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Ground Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Aerospace by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Metal Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Metal Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Metal Matrix Composites by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Aluminum Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Aluminum Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Aluminum Matrix Composites by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Refractory Metal Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Refractory Metal Matrix Composites by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Refractory Metal Matrix Composites by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Nickel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Nickel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Nickel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Electronics / Thermal Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Electronics / Thermal Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Electronics / Thermal Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 31: World Metal Matrix Composites Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Metal Matrix Composites Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3A Composites
  • 3M Company
  • ADMA Products, Inc.
  • AMETEK Specialty Metal Products
  • Ceradyne, Inc.
  • CPS Technologies Corporation
  • Deutsche Edelstahlwerke GmbH
  • DWA Aluminum Composites USA, Inc.
  • GKN plc
  • Hitachi Metals, Ltd.
  • Materion Corp.
  • Mi-Tech Tungsten Metals, Inc.
  • SANTIER, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Thermal Transfer Composites LLC
  • TISICS Ltd.