Metal Matrix Composites Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Aluminum, Nickel, Refractory, Others); End Use (Ground Transportation, Electronics/Thermal Management, Aerospace, Others) and Geography
Report Code: TIPRE00014631
| No. of Pages: 150
| Category: Chemicals and Materials
| Status: Upcoming
A metal matrix composite (MMC) is a composite material with at least two constituent parts, one being a metal necessarily. MMCs are usually made by dispersing a reinforcing material into a metal matrix. The reinforcement surface can be coated to prevent any chemical reaction with the matrix. Various processes used for the manufacturing of MMCs are generally classified into liquid-state and solid-state processes based on the metallic matrix's temperature during the processing. Commonly used liquid-state processes include squeeze casting, stir casting, compocasting, and spray forming, whereas solid-state processes include powder metallurgy, diffusion bonding, and Friction Stir Welding (FSW).
Increasing demand for lightweight and high-performance materials in the automotive and aerospace industries is anticipated to drive the market over the coming years. These composites comprise metal alloys reinforced with fibers, particulates, whiskers, or wires. Metal Matrix Composite (MMC) have extensive demand in the aerospace and automotive industries owing to their superior mechanical properties and a broad scope of application. Moreover, increasing fuel prices have triggered the need for lightweight components to boost the fuel-efficiency, which, in turn, is projected to have a positive impact on market growth. However, factors such as low yield, high manufacturing costs, and complex fabrication methods are expected to limit the market growth. Major market players are investing heavily in R&D initiatives to develop cost-effective products. Several government organizations are also funding projects focused on developing new products and manufacturing processes.
The "Global Metal Matrix Composites Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the metal matrix composites market with detailed market segmentation by product type and end use. The global metal matrix composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal matrix composites market players and offers key trends and opportunities in the market.
The global metal matrix composites market is segmented into product type and end use. By product type, the metal matrix composites market is classified into aluminum, nickel, refractory, and others. By end use, the metal matrix composites market is classified into ground transportation, electronics/thermal management, aerospace, and others.
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global metal matrix composites market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The metal matrix composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the metal matrix composites market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the metal matrix composites market in these regions.
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The reports cover vital developments in the metal matrix composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the metal matrix composites market are anticipated to lucrative growth opportunities in the future with the rising demand for metal matrix composites in the global market. Below mentioned is the list of few companies engaged in the metal matrix composites market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metal matrix composites market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
ADMA Products, Inc.
DWA Aluminum Composites USA, Inc.
CPS Technologies Corp.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
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The List of Companies
2. ADMA Products, Inc.
4. CPS Technologies Corp.
5. DWA Aluminum Composites USA, Inc.
6. Materion Corporation
7. Plansee Group
8. Sandvik AB
9. Santier, Inc.
10. TISICS Ltd