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
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Report Attribute | Details |
---|---|
No. of Pages | 189 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 698.5 Million |
Forecasted Market Value ( USD | $ 941.8 Million |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
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.