Press release
Metal Matrix Composites Market - Current and Future Industry Trends By 2019
Metal Matrix Composites Market
The refractory MMC segment accounted for the largest share of the global MMC market in 2012, followed by aluminum MMC and nickel MMC. The refractory MMC segment of the global MMC market generated revenue of USD 92.8 million in 2012 and is anticipated to reach USD 147.3 million in 2019, growing at a CAGR of 6.8% from 2013 to 2019. It is also the fastest growing product segment in the MMC market. Furthermore, the aluminum segment is anticipated to record decent growth over the next six years led by rising demand for aluminum MMC from automotive and aerospace industries.
DOWNLOAD INDUSTRY RESEARCH REPORT BROCHURE FOR MORE PROFESSIONAL AND TECHNICAL INSIGHTS: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1071
The ground transportation segment was the largest end-user segment of MMC in 2012. The ground transportation segment generated revenue of USD 119.6 million in 2012 and is projected to reach USD 184.2 million in 2019, growing at a CAGR of 6.4% from 2013 to 2019. The ground transportation segment was followed by electronics/thermal management industry, which is likely to be the fastest growing end-user segment in the global MMC market.
Ground transportation and electronics/thermal management segments are anticipated to grow significantly in the next few years due to high demand from automotive and electronics industries globally. Additionally, demand for MMC from other end-users, including nuclear industry and industrial equipment manufacturers, is expected to increase at a decent rate in the next six years.
The global MMC market is segmented based on regions. North America represents the largest market for the MMC industry. Rising demand for various types of MMC from automotive and aerospace industries in the U.S. is estimated to drive the market in North America. Asia Pacific was the second largest market for MMC, followed by Europe and RoW. Asia Pacific is predicted to be the fastest growing regional market for MMC in the next few years owing to high demand from automotive and electronics/thermal management industries in countries such as China and India.
High demand for MMC from automotive, aerospace and electronics/thermal management industry is driving the global MMC market. Aluminum MMC, which is used in the production of several automotive, aerospace and electronic components, was the largest market in terms of demand for MMC materials across the globe in 2012. Rising usage of MMC in the manufacture of lightweight and durable components for different industrial applications is expected to drive the global MMC market in the next six years.
However, lower global defense revenue and negative outlook for the shipping industry worldwide may hamper market growth in the next few years. Key manufacturers of MMC include Materion Corporation, Sandvik AB, GKN PLC, 3M, Plansee SE, Sumitomo Electric Industries, Ltd., Hitachi Metals, Ltd., CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH and 3A Composites.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:-
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Metal Matrix Composites Market - Current and Future Industry Trends By 2019 here
News-ID: 431704 • Views: …
More Releases from TMR – Research Reports
Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home…
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture.
Another factor catalyzing growth in the global…
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.…
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units.
While expanding operations across emerging nations has…
More Releases for MMC
Modular Multilevel Converters (MMC) Market Growth Trends and Forecast 2025 - 203 …
Los Angeles, United State: A newly published report titled "Global Modular Multilevel Converters (MMC) Market Insights, Forecast to 2025-2031" by QY Research throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The global Modular Multilevel Converters (MMC) market was valued at US$ 2326 million in 2024 and is anticipated to reach US$ 3739 million by 2031, witnessing a…
MMC Jumpers Market Share, Sales Volume, Price Analysis Report 2025
"Global MMC Jumpers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the MMC Jumpers market, including MMC Jumpers market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings, product types and applications. This report…
Global MMC Assemblies Industry Chain Analysis Report 2025
Global Info Research released "Global MMC Assemblies Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report includes an overview of the development of the MMC Assemblies industry chain, the market status of MMC Assemblies Market, and key Players in developed and MMC Assemblies market, and analyze the cutting-edge technology, patent, hot applications and market trends of MMC Assemblies industry.
According to our (Global Info Research) latest study,…
Modular Multilevel Converters (MMC) Market Size 2024: Forecast and Analysis to 2 …
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Modular Multilevel Converters (MMC)- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
Modular Multi-Level Converter…
Angiography Fixation Market 2022 Growth, Prominent Players:VACUUMSCHMELZE, MMC, …
The "Global Angiography Fixation Market" report 2022-2028 offers in-depth information as well as a comprehensive overview of the highly influencing parameters that are accountable to implement some informative business decisions. Angiography Fixation report allows several stakeholders, existing players, and new entrants to accelerate the upper hand in their respective business environments as they utilize our illustrative study as a power source. The latest report also covers the current COVID-19 impact…
Metal Matrix Composite Market by Matrix Type: Aluminum MMC, Magnesium MMC, Coppe …
The global carbon capture, utilization, and storage market size is expected to grow from USD 467 million in 2020 to USD 787 million by 2025, at a CAGR of 11.0% during the forecast period.
ReportsnReports added Metal Matrix Composite Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Metal…
