Press release
Metal Matrix Composite Global Market By Product Type, By Reinforcement Type, By Technology, By End User, By Region And Segment Forecast 2023-2032 | 3M, CPS Technologies, GKN Sinter Metals, CeramTec, Ferrotec Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the metal matrix composite market report by The Business Research Company, the growth of the automotive industry is expected to fuel the growth of the metal matrix composite market in the coming years. The automotive industry is made up of a diverse group of businesses and organizations that are involved in the design development, production, marketing, and sale of automobiles.
The global metal matrix composite market size grew from $0.53 billion in 2022 to $0.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal matrix composite market size is expected to grow to $0.81 billion in 2027 at a CAGR of 8.6%.
Read More On The Metal matrix composite Market Report Here:
https://www.thebusinessresearchcompany.com/report/metal-matrix-composite-global-market-report
Major competitors in the metal matrix composite market include 3M, CPS Technologies, GKN Sinter Metals, CeramTec, Ferrotec Corporation, Sandvik, Plansee, ADMA Products, Metal Matrix Cast Composites LLC, TISICS, DWA Aluminum Composites, Mi-Tech Tungsten Metals, AMETEK Specialty Metals Products, Santier, and Denka Company.
The metal matrix composite market is segmented -
• By Matrix Type: Aluminum MMC, Magnesium MMC, Copper MMC, Super Alloys MMC, Other Matrix Types
• By Production Technology: Liquid Metal Infiltration, Powder Metallurgy, Casting, Deposition Techniques
• By End-Use Industry: Automotive and Transportation, Aerospace and Defense, Electrical and Electronics, Industrial, and Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the metal matrix composite market.
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Metal matrix composites (MMCs) are a class of materials (metals, alloys, or intermetallic compounds) that have been reinforced with particles, whiskers, or continuous fibers. MMCs are excellent substitutes for conventional materials owing to their hardness, specific strength, and creep resistance.
The Table of Content for The Metal Matrix Composite Market Include:
1. Executive Summary
2. Metal Matrix Composite Market Characteristics
3. Metal Matrix Composite Market Trends And Strategies
4. Metal Matrix Composite Market - Macro Economic Scenario
5. Metal Matrix Composite Market Size And Growth
.....
26. Africa Metal Matrix Composite Market
27. Metal Matrix Composite Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metal Matrix Composite Market
29. Metal Matrix Composite Market Future Outlook and Potential Analysis
30. Appendix
The "Global Metal Matrix Composite Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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