Metal Matrix Composites Market

Metal Matrix Composites Market Analysis by Aluminum, Copper, Magnesium, and Super Alloys & Refractory Metal Matrix Composites from 2023 to 2033

Analysis of Metal Matrix Composites Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Metal Matrix Composites Market Growth Outlook (2023 to 2033)

During the forecast period of 2023-2033, the metal matrix composites (MMCs) market is projected to expand at a CAGR of 5.0%, reaching over US$ 532.5 million in 2023. The market is projected to hold a valuation of US$ 867.4 million in 2033.

Metal matrix composites are an ideal choice of replacement for conventional metals in automobile and aerospace industries. Owing to the properties such as higher ductility, higher strength, and lightweight makes MMCs the most promising choice for application in the aerospace industry. These are often termed as advanced engineered materials capable of displaying improved strength, excellent damping, and reduced thermal expansion.

Report Attributes

Details

Metal matrix composites Market Size (2022A)

US$ 507.2 Million

Estimated Market Value (2023E)

US$ 532.5 Million

Forecasted Market Value (2033F)

US$ 867.4 Million

Global Market Growth Rate (2023–2033)

5.0% CAGR

North America Market Share (2022)

28.7%

Key Companies Profiled

  • GKN Plc
  • 3M
  • TISICS Ltd.
  • Thermal Transfer Composites LLC
  • DWA Aluminum Composites USA, Inc.
  • Plansee Group
  • Sandvik AB

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Market Dynamics Analysis in Projected Timeframe

Rising interest in the development of materials to replace conventional materials has created market demand for metal matrix composites. Metal matrix composites MMCs have emerged as one of the key classes of engineering materials in the contemporary period.

In order to manufacture MMCs, a metal or alloy matrix must be reinforced with ceramic or metal particles, fibers, whiskers, or even sheet metal. The capacity of MMCs to be manufactured into structures and components is the key to their success in the industry. Metal matrix composites are replacing conventional alloys in commercial industries due to their simplicity of production at controlled costs.

  • Growth Factors for Short Term (2023–2026): Metal matrix composites are anticipated to see an increase in demand as a result of the continued manufacture of mobile phones, portable computers, gaming systems, and other personal electronic devices.
  • Factors for Medium-Term Growth (2026–2029): The aerospace and defense industries' growing need for lightweight materials creates an opportunity for the metal matrix composites market as they possess better characteristics than metals are the main market-driving factors for medium-term growth.
  • Long-Term Growth Opportunities (2029–2033): Growing emphasis on performance improvement in terms of safety and fuel efficiency is anticipated to play a significant role in boosting product demand throughout the forecast period. Due to the superior strength and stiffness, greater operating temperatures, and improved wear resistance that MM composites provide, the demand for the MMCs is likely to increase during the projection period.

According to Fact.MR, the market for metal matrix composites has grown at a CAGR of 3.0% from 2018 to 2022 and is expected to grow at a CAGR of 5.0% from 2023 to 2033.

Factor’s contributing to the expansion of the metal matrix composites market

“Increasing the Production of Structural Aerospace Composite parts using MMCs

The aerospace industry is using MMCs exhaustively to make structural parts because of their high fuel efficiency and lightweight. In comparison to conventional aerospace materials, these composites also feature a great balance of specific strength and stiffness. Aero-structural components and parts in the aero-propulsion system are the main applications of MMCs, and as new designs, production systems, and certification of MMCs are developed, so are its applications in aeronautical sub-systems.

Each space shuttle's orbital mid-fuselage, mid-frame, frame stabilizing struts, and nose landing gear are built with the use of systems like aluminum MMCs tubes because they need to be dimensionally stable and operate effectively.

Future growth in the MMCs market for aerospace applications is anticipated to be driven by both the rising demand for airplanes on a global scale and the rising number of space missions from different space organizations. The market is expanding as a result of increased R&D costs and significant financial support from different governments.

“What Limitations Face Manufacturers of Metal Matrix Composites?”

A reinforcement and a matrix material are combined to create MMCs. This creates numerous difficulties for MMCs manufacturing. To improve the characteristics and component service life of the final MMC product, the reinforcing phase should be distributed uniformly throughout the material.

However, it is anticipated that during the forecast period, rising manufacturing costs and limited technological proficiency for handling metal matrix composites will present a hurdle to the market's expansion.

Metal matrix composites are used less frequently as there aren't many standard design aids like property databases, performance standards, and common test procedures.

It is possible to produce metal matrix composites on a large scale by casting metal matrix composites and using liquid metal infiltration composites, but this method necessitates a high level of technical skill in order to produce the desired products.

The equipment and personnel needed to manage metal matrix composite manufacturing technology operations are both in short supply. These are major factors that are limiting the market for metal matrix composites growth.

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Country-wise Insights for Metal matrix composites Market

How Exciting Are the Growth Opportunities for Metal Matrix Composites Manufacturers in the U.S.?

In 2022, the market for metal matrix composites in the US was worth more than US$ 130 million. Due to its large defense budget, substantial investments in research and development, and abundance of metal matrix composite suppliers, the United States is the market's main driver of growth.

According to the U.S. Department of Commerce's International Trade Administration (ITA), the United States is the largest market for general aviation aircraft and a producer of large civil aircraft on a global scale. The United States consumes a lot of metal matrix composites due to the presence of big automotive and aircraft manufacturers.

Why is it estimated that China will emerge as a Prominent Market for Metal Matrix Composites?

China's industry is anticipated to reach US$ 140 million by 2033. Over the next 20 years, China is anticipated to be the world's biggest single market for the sale of civil aircraft. By 2025, it is anticipated that China will likely deliver more than 10% of domestically made commercial aircraft to the domestic market under the "Made in China 2025" plan.

The biggest base for electronic manufacturing is located in China. The electronics sector saw the greatest growth in goods like smartphones, TVs, wires, cables, portable computing devices, gaming systems, and other personal electronic devices. In addition to meeting local demand, the country also exports electronic products to other countries.

The manufacturing of electronics is anticipated to increase due to rising middle-class disposable income and increased demand in countries that import electronics from China. Metal matrix composites are anticipated to have an increase in demand due to expanding electronics and construction sectors.

Category-wise Insights

Why is Powder Metal Technology Gaining Traction?

The most popular technique for producing metal matrix composites is powder metallurgy. The increased use of hot pressing, ball mill mixing, extrusion, and vacuum pressing techniques to create metal matrix composites is responsible for the high demand.

For the production of metal matrix composites, powder metallurgy technology has been proven to be the most cost-efficient technology for wider-scale production and to meet the increasing demand.

Additionally, it is anticipated that the market is likely to advance due to its compatibility with a variety of materials, expanding sales of magnesium metal matrix composites, and rising demand for MMCs made using powder metallurgy from sectors including aerospace and ground transportation.

Why Do Metal Matrix Composites Have a Significant Market Share in the Automotive & Transportation Sectors?

Aluminum and its alloys serve as the foundation for metal matrix composites used in automotive applications. Metal matrix composites are typically utilized to reduce the bulk of reciprocating parts in automotive engines, which reduces noise and vibration.

The automotive industry uses a lot of aluminum and its alloys since they are lightweight and inexpensive when compared to other light metals like titanium and magnesium. The piston crown is part of the engine that is most frequently attacked since it can use a lighter element due to the metal matrix composite's higher hot strength.

The need for the high-performance metal matrix is anticipated to rise due to the rising demand for cars and other passenger vehicles around the world. This is anticipated to increase demand for MMCs globally.

Consumption of MMCs in automotive & transportation services holds approx. 38.9% across all industries.

Know thy Competitors

Competitive landscape highlights only certain players
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Key Strategies Followed by Key Manufacturers

Prominent metal matrix composites manufacturers Materion Corporation, GKN Plc, 3M, TISICS Ltd., Thermal Transfer Composites LLC, DWA Aluminum Composites USA, Inc., CPS Technologies Corporation, Plansee Group, Sandvik AB, Mi-Tech Tungsten Metals, LLC, and AMETEK Specialty Metal Products.

Manufacturers are trying to overcome the production process challenges by investing in research & development. Also, the current production process is a highly expensive process, and considering the surging requirement, cost optimization is one of the important strategies to be considered for future market growth. Numerous MMC manufacturers are spending time and resources to create highly dependable and affordable manufacturing methods.

Fact.MR has provided detailed information about the price points of key manufacturers of metal matrix composites positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Metal matrix composites Industry Research

  • By Product :

    • Aluminium
    • Copper
    • Magnesium
    • Super Alloys
    • Refractory
  • By Production Technology :

    • Liquid Metal Infiltration
    • Powder Metallurgy
    • Casting
    • Deposition Techniques
  • By Application :

    • Automotive & Transportation
    • Aerospace & Defence
    • Electrical & Electronics
    • Thermal Management
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

1. Market - Executive Summary

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Global Metal Industry Overview

    3.2. Global Metal Production Outlook

    3.3. Global Metal Matrix Composites: Apparent Production & Consumption Analysis

        3.3.1. Production Capacity (Kilo Tons)

            3.3.1.1. By Key Regions

            3.3.1.2. By Key Companies

        3.3.2. Consumption Statistics

        3.3.3. Apparent Trade Analysis

    3.4. Market Opportunity Assessment

        3.4.1. Total Available Market (US$ million)

        3.4.2. Serviceable Addressable Market (US$ million)

        3.4.3. Serviceable Obtainable Market (US$ million)

    3.5. Market Dynamics

        3.5.1. Market Growth Drivers

        3.5.2. Market Restraints

        3.5.3. Market Opportunities

        3.5.4. Market Trends

    3.6. Macro- Economic Factors

    3.7. Forecast and Factors – Relevance and Impact

    3.8. PESTLE Analysis

    3.9. Porter’s Five Force Analysis

    3.10. Investment Feasibility Analysis

    3.11. Industry Value and Supply Chain Analysis

        3.11.1. Value Added at Each Node of Supply Chain

        3.11.2. Gross Profitability Margins (at Every Level)

        3.11.3. List of Key Participants

            3.11.3.1. Operating Margins (at each node of the value chain)

            3.11.3.2. Key Raw Material Manufacturers

            3.11.3.3. Key Manufacturers

            3.11.3.4. Key Distributor/Retailers

            3.11.3.5. Key End-users

4. Global Demand (Tons) Analysis and Forecast

    4.1. Historical Market Volume (Tons) Analysis, 2018-2022

    4.2. Current and Future Market Volume (Tons) Projections, 2023-2033

    4.3. Y-o-Y Volume Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Product Type and Country-Level Pricing Analysis

    5.2. Global Average Pricing Analysis Benchmark

    5.3. Factors Influencing Pricing

6. Global Market Value (US$ million) Analysis and Forecast

    6.1. Historical Market Value (US$ million) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis and Forecast, By Product

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Product, 2018-2022

    7.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Product, 2023-2033

        7.3.1. Aluminum

        7.3.2. Copper

        7.3.3. Magnesium

        7.3.4. Super Alloys

        7.3.5. Refractory

    7.4. Market Attractiveness Analysis By Product

8. Global Market Analysis and Forecast, By Production Technology

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Production Technology, 2018-2022

    8.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Production Technology, 2023-2033

        8.3.1. Liquid Metal Infiltration

        8.3.2. Power Metallurgy

        8.3.3. Casting

        8.3.4. Deposition Techniques

    8.4. Market Attractiveness Analysis By Production Technology

9. Global Market Analysis and Forecast, By Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Application, 2018-2022

    9.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Application, 2023-2033

        9.3.1. Automotive & Transportation

        9.3.2. Aerospace & Defense

        9.3.3. Electrical & Electronics

        9.3.4. Thermal Management

    9.4. Market Attractiveness Analysis By Application

10. Global Market Analysis and Forecast, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Region, 2018-2022

    10.3. Current Market Size (US$ million) Analysis and Volume (Tons) Forecast By Region, 2023-2033

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. East Asia

        10.3.5. South Asia & Oceania

        10.3.6. Middle East & Africa

    10.4. Market Attractiveness Analysis By Region

11. North America Market Analysis and Forecast

    11.1. Introduction / Key Findings

    11.2. Pricing Analysis

    11.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    11.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        11.4.1. By Country

            11.4.1.1. U.S.

            11.4.1.2. Canada

        11.4.2. By Product

        11.4.3. By Production Technology

        11.4.4. By Application

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Product

        11.5.3. By Production Technology

        11.5.4. By Application

12. Latin America Market Analysis and Forecast

    12.1. Introduction / Key Findings

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    12.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Argentina

            12.4.1.4. Rest of Latin America

        12.4.2. By Product

        12.4.3. By Production Technology

        12.4.4. By Application

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product

        12.5.3. By Production Technology

        12.5.4. By Application

13. Europe Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. France

            13.4.1.3. Italy

            13.4.1.4. Spain

            13.4.1.5. U.K.

            13.4.1.6. BENELUX

            13.4.1.7. Russia

            13.4.1.8. Rest of Europe

        13.4.2. By Product

        13.4.3. By Production Technology

        13.4.4. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product

        13.5.3. By Production Technology

        13.5.4. By Application

14. East Asia Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        14.4.1. By Country

            14.4.1.1. China

            14.4.1.2. Japan

            14.4.1.3. South Korea

        14.4.2. By Product

        14.4.3. By Production Technology

        14.4.4. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product

        14.5.3. By Production Technology

        14.5.4. By Application

15. South Asia & Oceania Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        15.4.1. By Country

            15.4.1.1. India

            15.4.1.2. Thailand

            15.4.1.3. Indonesia

            15.4.1.4. Malaysia

            15.4.1.5. Australia & New Zealand

            15.4.1.6. Rest of South Asia & Oceania

        15.4.2. By Product

        15.4.3. By Production Technology

        15.4.4. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product

        15.5.3. By Production Technology

        15.5.4. By Application

16. Middle East & Africa Market Analysis and Forecast

    16.1. Introduction / Key Findings

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022

    16.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033

        16.4.1. By Country

            16.4.1.1. GCC Countries

            16.4.1.2. South Africa

            16.4.1.3. Northern Africa

            16.4.1.4. Turkiye

            16.4.1.5. Rest of Middle East & Africa

        16.4.2. By Product

        16.4.3. By Production Technology

        16.4.4. By Application

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Product

        16.5.3. By Production Technology

        16.5.4. By Application

17. Country-level Market Analysis and Forecast

    17.1. Introduction / Key Findings

        17.1.1. Market Value Proportion Analysis, By Key Countries

        17.1.2. Global Vs. Country Growth Comparison

    17.2. US Market Analysis

        17.2.1. Value Proportion Analysis by Market Taxonomy

        17.2.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.2.2.1. By Product

            17.2.2.2. By Production Technology

            17.2.2.3. By Application

    17.3. Canada Market Analysis

        17.3.1. Value Proportion Analysis by Market Taxonomy

        17.3.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.3.2.1. By Product

            17.3.2.2. By Production Technology

            17.3.2.3. By Application

    17.4. Brazil Market Analysis

        17.4.1. Value Proportion Analysis by Market Taxonomy

        17.4.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.4.2.1. By Product

            17.4.2.2. By Production Technology

            17.4.2.3. By Application

    17.5. Mexico Market Analysis

        17.5.1. Value Proportion Analysis by Market Taxonomy

        17.5.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.5.2.1. By Product

            17.5.2.2. By Production Technology

            17.5.2.3. By Application

    17.6. Argentina Market Analysis

        17.6.1. Value Proportion Analysis by Market Taxonomy

        17.6.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.6.2.1. By Product

            17.6.2.2. By Production Technology

            17.6.2.3. By Application

    17.7. Germany Market Analysis

        17.7.1. Value Proportion Analysis by Market Taxonomy

        17.7.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.7.2.1. By Product

            17.7.2.2. By Production Technology

            17.7.2.3. By Application

    17.8. France Market Analysis

        17.8.1. Value Proportion Analysis by Market Taxonomy

        17.8.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.8.2.1. By Product

            17.8.2.2. By Production Technology

            17.8.2.3. By Application

    17.9. Italy Market Analysis

        17.9.1. Value Proportion Analysis by Market Taxonomy

        17.9.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.9.2.1. By Product

            17.9.2.2. By Production Technology

            17.9.2.3. By Application

    17.10. Spain Market Analysis

        17.10.1. Value Proportion Analysis by Market Taxonomy

        17.10.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.10.2.1. By Product

            17.10.2.2. By Production Technology

            17.10.2.3. By Application

    17.11. BENELUX Market Analysis

        17.11.1. Value Proportion Analysis by Market Taxonomy

        17.11.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.11.2.1. By Product

            17.11.2.2. By Production Technology

            17.11.2.3. By Application

    17.12. Russia Market Analysis

        17.12.1. Value Proportion Analysis by Market Taxonomy

        17.12.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.12.2.1. By Product

            17.12.2.2. By Production Technology

            17.12.2.3. By Application

    17.13. U.K. Market Analysis

        17.13.1. Value Proportion Analysis by Market Taxonomy

        17.13.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.13.2.1. By Product

            17.13.2.2. By Production Technology

            17.13.2.3. By Application

    17.14. China Market Analysis

        17.14.1. Value Proportion Analysis by Market Taxonomy

        17.14.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.14.2.1. By Product

            17.14.2.2. By Production Technology

            17.14.2.3. By Application

    17.15. Japan Market Analysis

        17.15.1. Value Proportion Analysis by Market Taxonomy

        17.15.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.15.2.1. By Product

            17.15.2.2. By Production Technology

            17.15.2.3. By Application

    17.16. South Korea Market Analysis

        17.16.1. Value Proportion Analysis by Market Taxonomy

        17.16.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.16.2.1. By Product

            17.16.2.2. By Production Technology

            17.16.2.3. By Application

    17.17. India Market Analysis

        17.17.1. Value Proportion Analysis by Market Taxonomy

        17.17.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.17.2.1. By Product

            17.17.2.2. By Production Technology

            17.17.2.3. By Application

    17.18. ASEAN Countries Market Analysis

        17.18.1. Value Proportion Analysis by Market Taxonomy

        17.18.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.18.2.1. By Product

            17.18.2.2. By Production Technology

            17.18.2.3. By Application

    17.19. Australia Market Analysis

        17.19.1. Value Proportion Analysis by Market Taxonomy

        17.19.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.19.2.1. By Product

            17.19.2.2. By Production Technology

            17.19.2.3. By Application

    17.20. GCC Countries Market Analysis

        17.20.1. Value Proportion Analysis by Market Taxonomy

        17.20.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.20.2.1. By Product

            17.20.2.2. By Production Technology

            17.20.2.3. By Application

    17.21. Turkiye Market Analysis

        17.21.1. Value Proportion Analysis by Market Taxonomy

        17.21.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.21.2.1. By Product

            17.21.2.2. By Production Technology

            17.21.2.3. By Application

    17.22. South Africa Market Analysis

        17.22.1. Value Proportion Analysis by Market Taxonomy

        17.22.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            17.22.2.1. By Product

            17.22.2.2. By Production Technology

            17.22.2.3. By Application

18. Market Structure Analysis

    18.1. Market Analysis by Tier of Companies

    18.2. Market Concentration of Players

    18.3. Market Share Analysis of Top Players

    18.4. Market Presence Analysis

19. Competition Analysis

    19.1. Competition Dashboard

    19.2. Competition Benchmarking of Products

    19.3. Competition Deep Dive:

        19.3.1. Materion Corporation

            19.3.1.1. Overview

            19.3.1.2. Product Portfolio

            19.3.1.3. Key Financials

            19.3.1.4. Sales Footprint

            19.3.1.5. SWOT Analysis

            19.3.1.6. Key Developments

            19.3.1.7. Strategy Overview

        19.3.2. GKN Plc

            19.3.2.1. Overview

            19.3.2.2. Product Portfolio

            19.3.2.3. Key Financials

            19.3.2.4. Sales Footprint

            19.3.2.5. SWOT Analysis

            19.3.2.6. Key Developments

            19.3.2.7. Strategy Overview

        19.3.3. 3M

            19.3.3.1. Overview

            19.3.3.2. Product Portfolio

            19.3.3.3. Key Financials

            19.3.3.4. Sales Footprint

            19.3.3.5. SWOT Analysis

            19.3.3.6. Key Developments

            19.3.3.7. Strategy Overview

        19.3.4. ADMA Products, Inc.

            19.3.4.1. Overview

            19.3.4.2. Product Portfolio

            19.3.4.3. Key Financials

            19.3.4.4. Sales Footprint

            19.3.4.5. SWOT Analysis

            19.3.4.6. Key Developments

            19.3.4.7. Strategy Overview

        19.3.5. TISICS Ltd.

            19.3.5.1. Overview

            19.3.5.2. Product Portfolio

            19.3.5.3. Key Financials

            19.3.5.4. Sales Footprint

            19.3.5.5. SWOT Analysis

            19.3.5.6. Key Developments

            19.3.5.7. Strategy Overview

        19.3.6. Thermal Transfer Composites LLC

            19.3.6.1. Overview

            19.3.6.2. Product Portfolio

            19.3.6.3. Key Financials

            19.3.6.4. Sales Footprint

            19.3.6.5. SWOT Analysis

            19.3.6.6. Key Developments

            19.3.6.7. Strategy Overview

        19.3.7. DWA Aluminum Composites USA, Inc.

            19.3.7.1. Overview

            19.3.7.2. Product Portfolio

            19.3.7.3. Key Financials

            19.3.7.4. Sales Footprint

            19.3.7.5. SWOT Analysis

            19.3.7.6. Key Developments

            19.3.7.7. Strategy Overview

        19.3.8. CPS Technologies Corporation

            19.3.8.1. Overview

            19.3.8.2. Product Portfolio

            19.3.8.3. Key Financials

            19.3.8.4. Sales Footprint

            19.3.8.5. SWOT Analysis

            19.3.8.6. Key Developments

            19.3.8.7. Strategy Overview

        19.3.9. Duetsche Edelstahlwerke GmbH

            19.3.9.1. Overview

            19.3.9.2. Product Portfolio

            19.3.9.3. Key Financials

            19.3.9.4. Sales Footprint

            19.3.9.5. SWOT Analysis

            19.3.9.6. Key Developments

            19.3.9.7. Strategy Overview

        19.3.10. Plansee Group

            19.3.10.1. Overview

            19.3.10.2. Product Portfolio

            19.3.10.3. Key Financials

            19.3.10.4. Sales Footprint

            19.3.10.5. SWOT Analysis

            19.3.10.6. Key Developments

            19.3.10.7. Strategy Overview

        19.3.11. Sandvik AB

            19.3.11.1. Overview

            19.3.11.2. Product Portfolio

            19.3.11.3. Key Financials

            19.3.11.4. Sales Footprint

            19.3.11.5. SWOT Analysis

            19.3.11.6. Key Developments

            19.3.11.7. Strategy Overview

        19.3.12. Mi-Tech Tungsten Metals, LLC

            19.3.12.1. Overview

            19.3.12.2. Product Portfolio

            19.3.12.3. Key Financials

            19.3.12.4. Sales Footprint

            19.3.12.5. SWOT Analysis

            19.3.12.6. Key Developments

            19.3.12.7. Strategy Overview

        19.3.13. DAT Alloytech Company Limited

            19.3.13.1. Overview

            19.3.13.2. Product Portfolio

            19.3.13.3. Key Financials

            19.3.13.4. Sales Footprint

            19.3.13.5. SWOT Analysis

            19.3.13.6. Key Developments

            19.3.13.7. Strategy Overview

        19.3.14. AMETEK Specialty Metal Products

            19.3.14.1. Overview

            19.3.14.2. Product Portfolio

            19.3.14.3. Key Financials

            19.3.14.4. Sales Footprint

            19.3.14.5. SWOT Analysis

            19.3.14.6. Key Developments

            19.3.14.7. Strategy Overview

        19.3.15. Santier, Inc.

            19.3.15.1. Overview

            19.3.15.2. Product Portfolio

            19.3.15.3. Key Financials

            19.3.15.4. Sales Footprint

            19.3.15.5. SWOT Analysis

            19.3.15.6. Key Developments

            19.3.15.7. Strategy Overview

        19.3.16. Ceram Tec

            19.3.16.1. Overview

            19.3.16.2. Product Portfolio

            19.3.16.3. Key Financials

            19.3.16.4. Sales Footprint

            19.3.16.5. SWOT Analysis

            19.3.16.6. Key Developments

            19.3.16.7. Strategy Overview

20. Assumptions & Acronyms Used

21. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ million) by Region, 2018-2022

Table 2: Global Market Value (US$ million) and Forecast by Region, 2023-2033

Table 3: Global Market Volume (Tons) by Region, 2018-2022

Table 4: Global Market Volume (Tons) and Forecast by Region, 2023-2033

Table 5: Global Market Value (US$ million) By Product, 2018-2022

Table 6: Global Market Value (US$ million) and Forecast By Product, 2023-2033

Table 7: Global Market Volume (Tons) By Product, 2018-2022

Table 8: Global Market Volume (Tons) and Forecast By Product, 2023-2033

Table 9: Global Market Value (US$ million) By Production Technology, 2018-2022

Table 10: Global Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 11: Global Market Volume (Tons) By Production Technology, 2018-2022

Table 12: Global Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 13: Global Market Value (US$ million) By Application, 2018-2022

Table 14: Global Market Value (US$ million) and Forecast By Application, 2023-2033

Table 15: Global Market Volume (Tons) By Application, 2018-2022

Table 16: Global Market Volume (Tons) and Forecast By Application, 2023-2033

Table 17: North America Market Value (US$ million) by Country, 2018-2022

Table 18: North America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 19: North America Market Volume (Tons) by Country, 2018-2022

Table 20: North America Market Volume (Tons) and Forecast by Country, 2023-2033

Table 21: North America Market Value (US$ million) By Product, 2018-2022

Table 22: North America Market Value (US$ million) and Forecast By Product, 2023-2033

Table 23: North America Market Volume (Tons) By Product, 2018-2022

Table 24: North America Market Volume (Tons) and Forecast By Product, 2023-2033

Table 25: North America Market Value (US$ million) By Production Technology, 2018-2022

Table 26: North America Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 27: North America Market Volume (Tons) By Production Technology, 2018-2022

Table 28: North America Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 29: North America Market Value (US$ million) By Application, 2018-2022

Table 30: North America Market Value (US$ million) and Forecast By Application, 2023-2033

Table 31: North America Market Volume (Tons) By Application, 2018-2022

Table 32: North America Market Volume (Tons) and Forecast By Application, 2023-2033

Table 33: Latin America Market Value (US$ million) by Country, 2018-2022

Table 34: Latin America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 35: Latin America Market Volume (Tons) by Country, 2018-2022

Table 36: Latin America Market Volume (Tons) and Forecast by Country, 2023-2033

Table 37: Latin America Market Value (US$ million) By Product, 2018-2022

Table 38: Latin America Market Value (US$ million) and Forecast By Product, 2023-2033

Table 39: Latin America Market Volume (Tons) By Product, 2018-2022

Table 40: Latin America Market Volume (Tons) and Forecast By Product, 2023-2033

Table 41: Latin America Market Value (US$ million) By Production Technology, 2018-2022

Table 42: Latin America Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 43: Latin America Market Volume (Tons) By Production Technology, 2018-2022

Table 44: Latin America Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 45: Latin America Market Value (US$ million) By Application, 2018-2022

Table 46: Latin America Market Value (US$ million) and Forecast By Application, 2023-2033

Table 47: Latin America Market Volume (Tons) By Application, 2018-2022

Table 48: Latin America Market Volume (Tons) and Forecast By Application, 2023-2033

Table 49: Europe Market Value (US$ million) by Country, 2018-2022

Table 50: Europe Market Value (US$ million) and Forecast by Country, 2023-2033

Table 51: Europe Market Volume (Tons) by Country, 2018-2022

Table 52: Europe Market Volume (Tons) and Forecast by Country, 2023-2033

Table 53: Europe Market Value (US$ million) By Product, 2018-2022

Table 54: Europe Market Value (US$ million) and Forecast By Product, 2023-2033

Table 55: Europe Market Volume (Tons) By Product, 2018-2022

Table 56: Europe Market Volume (Tons) and Forecast By Product, 2023-2033

Table 57: Europe Market Value (US$ million) By Production Technology, 2018-2022

Table 58: Europe Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 59: Europe Market Volume (Tons) By Production Technology, 2018-2022

Table 60: Europe Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 61: Europe Market Value (US$ million) By Application, 2018-2022

Table 62: Europe Market Value (US$ million) and Forecast By Application, 2023-2033

Table 63: Europe Market Volume (Tons) By Application, 2018-2022

Table 64: Europe Market Volume (Tons) and Forecast By Application, 2023-2033

Table 65: East Asia Market Value (US$ million) by Country, 2018-2022

Table 66: East Asia Market Value (US$ million) and Forecast by Country, 2023-2033

Table 67: East Asia Market Volume (Tons) by Country, 2018-2022

Table 68: East Asia Market Volume (Tons) and Forecast by Country, 2023-2033

Table 69: East Asia Market Value (US$ million) By Product, 2018-2022

Table 70: East Asia Market Value (US$ million) and Forecast By Product, 2023-2033

Table 71: East Asia Market Volume (Tons) By Product, 2018-2022

Table 72: East Asia Market Volume (Tons) and Forecast By Product, 2023-2033

Table 73: East Asia Market Value (US$ million) By Production Technology, 2018-2022

Table 74: East Asia Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 75: East Asia Market Volume (Tons) By Production Technology, 2018-2022

Table 76: East Asia Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 77: East Asia Market Value (US$ million) By Application, 2018-2022

Table 78: East Asia Market Value (US$ million) and Forecast By Application, 2023-2033

Table 79: East Asia Market Volume (Tons) By Application, 2018-2022

Table 80: East Asia Market Volume (Tons) and Forecast By Application, 2023-2033

Table 81: South Asia & Oceania Market Value (US$ million) by Country, 2018-2022

Table 82: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033

Table 83: South Asia & Oceania Market Volume (Tons) by Country, 2018-2022

Table 84: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023-2033

Table 85: South Asia & Oceania Market Value (US$ million) By Product, 2018-2022

Table 86: South Asia & Oceania Market Value (US$ million) and Forecast By Product, 2023-2033

Table 87: South Asia & Oceania Market Volume (Tons) By Product, 2018-2022

Table 88: South Asia & Oceania Market Volume (Tons) and Forecast By Product, 2023-2033

Table 89: South Asia & Oceania Market Value (US$ million) By Production Technology, 2018-2022

Table 90: South Asia & Oceania Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 91: South Asia & Oceania Market Volume (Tons) By Production Technology, 2018-2022

Table 92: South Asia & Oceania Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 93: South Asia & Oceania Market Value (US$ million) By Application, 2018-2022

Table 94: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023-2033

Table 95: South Asia & Oceania Market Volume (Tons) By Application, 2018-2022

Table 96: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023-2033

Table 97: MEA Market Value (US$ million) by Country, 2018-2022

Table 98: MEA Market Value (US$ million) and Forecast by Country, 2023-2033

Table 99: MEA Market Volume (Tons) by Country, 2018-2022

Table 100: MEA Market Volume (Tons) and Forecast by Country, 2023-2033

Table 101: MEA Market Value (US$ million) By Product, 2018-2022

Table 102: MEA Market Value (US$ million) and Forecast By Product, 2023-2033

Table 103: MEA Market Volume (Tons) By Product, 2018-2022

Table 104: MEA Market Volume (Tons) and Forecast By Product, 2023-2033

Table 105: MEA Market Value (US$ million) By Production Technology, 2018-2022

Table 106: MEA Market Value (US$ million) and Forecast By Production Technology, 2023-2033

Table 107: MEA Market Volume (Tons) By Production Technology, 2018-2022

Table 108: MEA Market Volume (Tons) and Forecast By Production Technology, 2023-2033

Table 109: MEA Market Value (US$ million) By Application, 2018-2022

Table 110: MEA Market Value (US$ million) and Forecast By Application, 2023-2033

Table 111: MEA Market Volume (Tons) By Application, 2018-2022

Table 112: MEA Market Volume (Tons) and Forecast By Application, 2023-2033

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List Of Figures

Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 3: Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033

Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023-2033

Figure 5: Global Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 6: Global Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 7: Global Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 8: Global Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 9: Global Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 10: Global Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 11: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 13: North America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 14: North America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 15: North America Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 16: North America Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 17: North America Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 18: North America Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 19: North America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 20: North America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 21: North America Market Attractiveness Analysis by Country, 2023-2033

Figure 22: North America Market Attractiveness Analysis By Product, 2023-2033

Figure 23: North America Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 24: North America Market Attractiveness Analysis By Application, 2023-2033

Figure 25: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 27: Latin America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 29: Latin America Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 30: Latin America Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 31: Latin America Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 32: Latin America Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 33: Latin America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 34: Latin America Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 35: Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 36: Latin America Market Attractiveness Analysis By Product, 2023-2033

Figure 37: Latin America Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 38: Latin America Market Attractiveness Analysis By Application, 2023-2033

Figure 39: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 41: Europe Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 43: Europe Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 44: Europe Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 45: Europe Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 46: Europe Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 47: Europe Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 48: Europe Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 49: Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 50: Europe Market Attractiveness Analysis By Product, 2023-2033

Figure 51: Europe Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 52: Europe Market Attractiveness Analysis By Application, 2023-2033

Figure 53: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 55: East Asia Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 57: East Asia Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 58: East Asia Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 59: East Asia Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 60: East Asia Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 61: East Asia Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 62: East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 63: East Asia Market Attractiveness Analysis By Product, 2023-2033

Figure 64: East Asia Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 65: East Asia Market Attractiveness Analysis By Application, 2023-2033

Figure 66: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 67: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 68: South Asia & Oceania Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 69: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 70: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 71: South Asia & Oceania Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 72: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 73: South Asia & Oceania Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 74: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 75: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 76: South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 77: South Asia & Oceania Market Attractiveness Analysis By Product, 2023-2033

Figure 78: South Asia & Oceania Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 79: South Asia & Oceania Market Attractiveness Analysis By Application, 2023-2033

Figure 80: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033

Figure 81: MEA Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 82: MEA Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033

Figure 83: MEA Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 84: MEA Market Value (US$ million) and Volume (Tons) By Product, 2023 & 2033

Figure 85: MEA Market Y-o-Y Growth Rate By Product, 2023-2033

Figure 86: MEA Market Value (US$ million) and Volume (Tons) By Production Technology, 2023 & 2033

Figure 87: MEA Market Y-o-Y Growth Rate By Production Technology, 2023-2033

Figure 88: MEA Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033

Figure 89: MEA Market Y-o-Y Growth Rate By Application, 2023-2033

Figure 90: MEA Market Attractiveness Analysis by Country, 2023-2033

Figure 91: MEA Market Attractiveness Analysis By Product, 2023-2033

Figure 92: MEA Market Attractiveness Analysis By Production Technology, 2023-2033

Figure 93: MEA Market Attractiveness Analysis By Application, 2023-2033

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- FAQs -

What was the size of the Metal Matrix Composites Market Worldwide in 2022?

In 2022, the global market for Metal matrix composites was worth US$ 507.2 million.

Which Application has the Prominent Appetite for Metal Matrix Composites?

In terms of global consumption of metal matrix composites, automotive & transportation holds around 38.9% of the total consumption.

How much of the Global Market for Metal Matrix Composites does East Asia Hold?

East Asia holds a share of 18.3% in the global Metal matrix composites market.

What is the Estimated CAGR of the Market During the Forecast Period?

The market is projected to expand at a CAGR of 5.0% during the forecast period.

Which Production Technology is Expected to Account for a Prominent Contribution?

Powder metallurgy is expected to account for the maximum production of MMCs, expanding at nearly 6.2% CAGR during the forecast period.

Metal Matrix Composites Market

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