Carbon Fiber Reinforced Metal Composites Market to Witness Huge Growth by 2023 | Leading Key Players : Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co. Ltd., SGL Group Materion Corporation

Metal composite technology combines the advantage of metallic materials and fiber reinforced matrix systems. Metals are isotropic and possess high bearing strength & impact resistance. Metal composites have excellent fatigue characteristics and have high strength & stiffness.

The major market players are Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co. Ltd., SGL Group Materion Corporation, Owens Corning, Cytec Industries Inc., Teijin Limited, ADMA Products, CPS Technologies

These can be manufactured using two or more constituents to fabricate a new material. The incorporation of carbon fiber reinforcements into metal matrices significantly improves the tensile strength, hardness, elastic modules, and other mechanical properties.

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Thus, these composites provide excellent strength & mechanical performance, ease of manufacturing technique, and excellent thermal & electrical properties. Further, according to application requirements in metal matrix composites, other properties such as thermal conductivity, coefficient of friction, coefficient of thermal expansion, wear resistance, and fatigue resistance can also be tailored. Carbon fiber reinforced metal composites can be manufactured using different processes such as solid state processing, liquid state processing, and deposition processing.

The composite materials are used in numerous engineering applications owing to their excellent properties. Carbon fiber reinforced metal primarily finds its applications in aerospace and related fields. The increase in need for lightweight structural material for automotive and aerospace application drives the global carbon fiber reinforced metal composite market.

These reinforced metal composites possess a great potential to replace existing unreinforced metals and alloys in aerospace, automobiles, and petrochemical industries. However, poor dispersion of carbon fillers in metal matrix lead to the deterioration of composite properties that hamper the growth of the global market. Further, intensive research in the field of carbon fiber reinforced metal composite for surface modification of carbon fiber is expected to deliver substantial growth opportunity in the near future.

The global carbon fiber reinforced metal composite market is segmented based on raw material type, crop type, and geography. On the basis of product, it is categorized as aluminum, nickel, and refractory. On the basis of application, it is divided into automotive, aerospace, construction, energy, marine, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits

• This report provides an extensive analysis of the current & emerging market trends and dynamics of the global carbon fiber reinforced metal composite market.
• In-depth analysis of all regions is conducted by constructing the market estimations for key segments from 2017 to 2023 to identify the prevailing opportunities.
• The report assists to understand the strategies adopted by the companies for market expansion.
• Evaluation of the competitive landscape is provided to understand the market scenario across various regions.
• Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.

Carbon Fiber Reinforced Metal Composites Market Key Segments:

By Product

• Aluminum
• Nickel
• Refractory

By Application

• Automotive
• Aerospace
• Construction
• Energy
• Marine
• Others

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