Metal Matrix Composites Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027Price: 3200/- USD | Published Date: July 28, 2020 |
The global metal matrix composites market size is estimated to grow at a significant CAGR of around 6% during the forecast period 2020 to 2027. Rising demand in the automotive & aerospace industry for light-weight and high-performance material is projected to drive the market. Furthermore, increasing fuel price is shifting manufactures to build a lightweight component to increase fuel efficiency, which is anticipated to boost the market growth. However, the complex fabrication process and high manufacturing cost have projected the hinder the market growth over the forecast period.
The global metal matrix composites market is segmented on the basis of product, end-use, and geography. On the basis of product, the segment is classified into aluminum, nickel, refractory, and others. By product, the refractory segment held the largest share in 2019 and valued at around 40% of the market share globally. Refractory materials mainly include niobium, tungsten, rhenium, and molybdenum. Increasing demand in the electronic industry for high precision and durable equipment is expected to drive the market over the forecast period.
On the basis of end-use, the automotive segment dominated the market in 2019 and accounted for more than 50% share of the metal matrix composites market in terms of revenue. The increasing demand for high performance and lightweight materials in the automotive industry is projected to uplift the segment growth during the forecast period. These composites are widely used in various sectors such as railway vehicles and transportation, which is expected to boost the market growth. In contrast, the electric segment is accounted for the fastest-growing segment over the forecast period.
The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.
Global metal matrix composites market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.
Metal Matrix Composites Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.
Metal Matrix Composites Market Segmentation:
List of Key Companies:
- Materion Corp.
- GKN plc
- DWA Aluminum Composites USA, Inc.
- ADMA Products, Inc.
- Thermal Transfer Composites LLC
- CPS Technologies Corp.
- Deutsche Edelstahlwerke GmbH
- TISICS Ltd.
- North America Market Revenue and/or Volume
- Europe Market Revenue and/or Volume
- Asia Pacific Market Revenue and/or Volume
- Middle-East and Africa Market Revenue and/or Volume
- Latin America Market Revenue and/or Volume
The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
- Research Methodology
- Research Scope
- Executive Market Summary: Industry Snapshot
- Industry Outlook
- Critical Success Factors (CSFs) for the Market
- Market Dynamics
- Key Opportunities
- Market Porters Five Force Analysis
- Market Value Chain/Ecosystem Analysis
- Market Attractive Investment Proposition
- Market PESTEL Analysis
- Market Positioning of Key Vendors
- Market Segmentation Outlook
- Regional Outlook
- Company Profiles of Key Vendors
Key Questions Answered by Metal Matrix Composites Market Report
- Global metal matrix composites market forecasts from 2020-2027
- Regional metal matrix composites market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
- Country level forecasts from 2020-2027 covering 15 major countries from aforementioned regions
- Metal Matrix Composites submarket forecasts from 2020-2027 covering submarket 1, submarket 2 submarket 3
- Various industry models such as SWOT analysis, Pestle Analysis, Porter's Five Force model, Value Chain Analysis pertaining to metal matrix composites market
- Analysis of the key factors driving and restraining the growth of the global, regional and country level metal matrix composites markets from 2020-2027
- Competitive Landscape and market positioning of top 10 players operating in the metal matrix composites market
- Profiles and market share of the leading 10 companies in 2019 at a global level
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