Metal Matrix Composites: Global Strategic Business Report

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.

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• Global competitiveness and key competitor percentage market shares
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