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 to 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 to 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 to 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 to 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 to 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.
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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
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Product
- 7.1. Aluminum
- 7.2. Copper
- 7.3. Magnesium
- 7.4. Super Alloys
- 7.5. Refractory
- 8. Global Market Analysis and Forecast, By Production Technology
- 8.1. Liquid Metal Infiltration
- 8.2. Power Metallurgy
- 8.3. Casting
- 8.4. Deposition Techniques
- 9. Global Market Analysis and Forecast, By Application
- 9.1. Automotive & Transportation
- 9.2. Aerospace & Defense
- 9.3. Electrical & Electronics
- 9.4. Thermal Management
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. Materion Corporation
- 19.2. GKN Plc
- 19.3. 3M
- 19.4. ADMA Products, Inc.
- 19.5. TISICS Ltd.
- 19.6. Thermal Transfer Composites LLC
- 19.7. DWA Aluminum Composites USA, Inc.
- 19.8. CPS Technologies Corporation
- 19.9. Duetsche Edelstahlwerke GmbH
- 19.10. Plansee Group
- 19.11. Sandvik AB
- 19.12. Mi-Tech Tungsten Metals, LLC
- 19.13. DAT Alloytech Company Limited
- 19.14. AMETEK Specialty Metal Products
- 19.15. Santier, Inc.
- 19.16. Ceram Tec
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Volume (Tons) by Region, 2018 to 2022
Table 4: Global Market Volume (Tons) and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ million) By Product, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 7: Global Market Volume (Tons) By Product, 2018 to 2022
Table 8: Global Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 9: Global Market Value (US$ million) By Production Technology, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 11: Global Market Volume (Tons) By Production Technology, 2018 to 2022
Table 12: Global Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 13: Global Market Value (US$ million) By Application, 2018 to 2022
Table 14: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 15: Global Market Volume (Tons) By Application, 2018 to 2022
Table 16: Global Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 17: North America Market Value (US$ million) by Country, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 19: North America Market Volume (Tons) by Country, 2018 to 2022
Table 20: North America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 21: North America Market Value (US$ million) By Product, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 23: North America Market Volume (Tons) By Product, 2018 to 2022
Table 24: North America Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 25: North America Market Value (US$ million) By Production Technology, 2018 to 2022
Table 26: North America Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 27: North America Market Volume (Tons) By Production Technology, 2018 to 2022
Table 28: North America Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 29: North America Market Value (US$ million) By Application, 2018 to 2022
Table 30: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 31: North America Market Volume (Tons) By Application, 2018 to 2022
Table 32: North America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 33: Latin America Market Value (US$ million) by Country, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 35: Latin America Market Volume (Tons) by Country, 2018 to 2022
Table 36: Latin America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 37: Latin America Market Value (US$ million) By Product, 2018 to 2022
Table 38: Latin America Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 39: Latin America Market Volume (Tons) By Product, 2018 to 2022
Table 40: Latin America Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 41: Latin America Market Value (US$ million) By Production Technology, 2018 to 2022
Table 42: Latin America Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 43: Latin America Market Volume (Tons) By Production Technology, 2018 to 2022
Table 44: Latin America Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 45: Latin America Market Value (US$ million) By Application, 2018 to 2022
Table 46: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47: Latin America Market Volume (Tons) By Application, 2018 to 2022
Table 48: Latin America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 49: Europe Market Value (US$ million) by Country, 2018 to 2022
Table 50: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51: Europe Market Volume (Tons) by Country, 2018 to 2022
Table 52: Europe Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 53: Europe Market Value (US$ million) By Product, 2018 to 2022
Table 54: Europe Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 55: Europe Market Volume (Tons) By Product, 2018 to 2022
Table 56: Europe Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 57: Europe Market Value (US$ million) By Production Technology, 2018 to 2022
Table 58: Europe Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 59: Europe Market Volume (Tons) By Production Technology, 2018 to 2022
Table 60: Europe Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 61: Europe Market Value (US$ million) By Application, 2018 to 2022
Table 62: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 63: Europe Market Volume (Tons) By Application, 2018 to 2022
Table 64: Europe Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 65: East Asia Market Value (US$ million) by Country, 2018 to 2022
Table 66: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 67: East Asia Market Volume (Tons) by Country, 2018 to 2022
Table 68: East Asia Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 69: East Asia Market Value (US$ million) By Product, 2018 to 2022
Table 70: East Asia Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 71: East Asia Market Volume (Tons) By Product, 2018 to 2022
Table 72: East Asia Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 73: East Asia Market Value (US$ million) By Production Technology, 2018 to 2022
Table 74: East Asia Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 75: East Asia Market Volume (Tons) By Production Technology, 2018 to 2022
Table 76: East Asia Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 77: East Asia Market Value (US$ million) By Application, 2018 to 2022
Table 78: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 79: East Asia Market Volume (Tons) By Application, 2018 to 2022
Table 80: East Asia Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 81: South Asia & Oceania Market Value (US$ million) by Country, 2018 to 2022
Table 82: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 83: South Asia & Oceania Market Volume (Tons) by Country, 2018 to 2022
Table 84: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 85: South Asia & Oceania Market Value (US$ million) By Product, 2018 to 2022
Table 86: South Asia & Oceania Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Tons) By Product, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 89: South Asia & Oceania Market Value (US$ million) By Production Technology, 2018 to 2022
Table 90: South Asia & Oceania Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Tons) By Production Technology, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 93: South Asia & Oceania Market Value (US$ million) By Application, 2018 to 2022
Table 94: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Tons) By Application, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 97: MEA Market Value (US$ million) by Country, 2018 to 2022
Table 98: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 99: MEA Market Volume (Tons) by Country, 2018 to 2022
Table 100: MEA Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 101: MEA Market Value (US$ million) By Product, 2018 to 2022
Table 102: MEA Market Value (US$ million) and Forecast By Product, 2023 to 2033
Table 103: MEA Market Volume (Tons) By Product, 2018 to 2022
Table 104: MEA Market Volume (Tons) and Forecast By Product, 2023 to 2033
Table 105: MEA Market Value (US$ million) By Production Technology, 2018 to 2022
Table 106: MEA Market Value (US$ million) and Forecast By Production Technology, 2023 to 2033
Table 107: MEA Market Volume (Tons) By Production Technology, 2018 to 2022
Table 108: MEA Market Volume (Tons) and Forecast By Production Technology, 2023 to 2033
Table 109: MEA Market Value (US$ million) By Application, 2018 to 2022
Table 110: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 111: MEA Market Volume (Tons) By Application, 2018 to 2022
Table 112: MEA Market Volume (Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 21: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 22: North America Market Attractiveness Analysis By Product, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 25: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 35: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Attractiveness Analysis By Product, 2023 to 2033
Figure 37: Latin America Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 38: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 39: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 49: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 50: Europe Market Attractiveness Analysis By Product, 2023 to 2033
Figure 51: Europe Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 52: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 63: East Asia Market Attractiveness Analysis By Product, 2023 to 2033
Figure 64: East Asia Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 65: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 66: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 67: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 76: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77: South Asia & Oceania Market Attractiveness Analysis By Product, 2023 to 2033
Figure 78: South Asia & Oceania Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 79: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 80: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 81: MEA Market Absolute $ Opportunity (US$ million), 2023 to 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 to 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 to 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 to 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 to 2033
Figure 90: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 91: MEA Market Attractiveness Analysis By Product, 2023 to 2033
Figure 92: MEA Market Attractiveness Analysis By Production Technology, 2023 to 2033
Figure 93: MEA Market Attractiveness Analysis By Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- 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