Metal Matrix Composites (MMCs) Market Research Report - Global Forecast till 2027

Global Metal Matrix Composites (MMCs) Market: Information by Product Type (Aluminum, Nickel, Refractory, Copper and others), End-Use Industry (Aerospace & Defense, Automotive, Building & Construction, Marine, Electronics, Healthcare and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2027

ID: MRFR/CnM/6659-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


Global Metal Matrix Composites (MMCs) Market was valued at USD 467.54 million in 2018 and is expected to register a CAGR of around 7% during the forecast period, 2019–2025.
Metal matrix composites (MMCs) are composite materials with two constituent parts, one being a metal, and other being either metal or ceramic or other natural compounds. They exhibit superior properties as compared to polymers such as lightweight, higher temperature resistance, fire resistance, zero moisture absorption, higher transverse stiffness and strength, higher electrical conductivity, higher thermal conductivities, and better radiation resistance. Due to its superior properties, MMCs find a wide range of applications in the aerospace & defense and automotive industries in the production of diesel engine pistons, cylinder liners, brake drums, brake rotors, connecting rods, piston pins, and drive shafts.


The superior properties of MMCs is the major factor expected to drive the growth of the global metal matrix composites (MMCs) market. Besides, the growing demand for lightweight materials in the automotive and aerospace industries is also projected to boost the growth of the product market during the review period. MMCs offer higher explicit strength and modulus over other metals. Furthermore, the rising demand for MMCs in the electronics industry is likely to provide lucrative growth opportunities for the players operating in the global metal matrix composites (MMCs) market during the forecast period.


On 9 October 2018, Materion Corporation announced that it got AMS4369 specification approval for SupremEX 225XF metal matrix composite (MMC) and AMS4379 for SupremEX 225XE MMC from the Society of Automotive Engineers - Aerospace Material Specification Nonferrous Alloys Committee (SAE-AMS). These specifications will allow the company’s engineers to refer a national standard for the material properties of MMCs.


However, the high assembly cost is expected to hamper the growth of the global metal matrix composites (MMCs) market during the forecast period. The technological constraints are expected to be a major challenge for the market players to an extent.


Key Players


Some of the key players operating in the global metal matrix composites (MMCs) market are Materion Corporation (US), Melrose Industries PLC (UK), 3M (US), Plansee SE (Austria), Sandvik AB (Sweden), Hitachi metal Ltd (Japan), CPS Technologies Corporation (US), Tisics Ltd (UK), Ferrotec (USA) Corporation (US), Sumitomo Electrical Industry (Japan),Thermal Transfer composites LLC (US), Ametek Inc. (US) and  Schmolz + Bickenbach Group (Germany), Ceramtec (Germany), and Alvant Ltd (UK)


Global Metal Matrix Composites (MMCs) Market Share, by End-Use Industry, 2018 (%)
 Metal Matrix Composites (MMCs) Market


Source: MRFR Analysis


Segmentation


The global metal matrix composites (MMCs) market has been segmented based on product type, end-use industry, and region.


By product type, the global market has been classified into aluminum, nickel, refractory, copper, and others.


Based on end-use industry, the global market has been segregated into aerospace & defense, automotive, building & construction, marine, electronics, healthcare, and others.


Regional Analysis


The global metal matrix composites (MMCs) market has been categorized into five regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


North America held the largest share of the global metal matrix composites (MMCs) market in 2018 due to its high demand in the aerospace & defense and automotive industries as North America is the largest investor in the field to aerospace & defense sector. According to the International Trade Administration, in 2018, the industry contributed USD 151 billion to the US economy. The developed electronics market in the US is also expected to support regional market growth.


Asia-Pacific was one of the fastest-growing markets for MMCs in 2018 led by countries such as Japan, China, and India, and is expected to follow a similar trend during the forecast period. The growth is expected due to the increasing investments in the automotive and electronic industries in the region. The growth of the industries in China is particularly contributing to the increasing demand for MMCs in the region.


The European market for MMCs is expected to register moderate growth in the coming years. The growth of the automotive industry in Germany is expected to fuel the demand for MMCs and thus contributing to the regional market growth. However, the sluggish growth of the aerospace & defense industry is likely to affect the market growth to some extent.


The Middle East & African market is witnessing sluggish growth as compared to the other regions. However, the growing construction industry in countries such as Iran, UAE, Oman, Turkey, and Kuwait are likely to fuel the demand for MMCs in the coming years.


The market in Latin America is picking up the pace owing to the expanding automotive industry since the past few years.


Intended Audience:



  • Metal matrix complex producers

  • Aluminum MMC producers

  • Nickel MMC producers

  • Refractory MMC producers

  • Traders and distributors of MMC

  • Raw material suppliers

  • Potential investors



Frequently Asked Questions (FAQ) :


The metal matrix composites market is projected to grow at a 7% CAGR between 2019-2025.

North America is expected to command the largest share in the metal matrix composites market.

Different end use industries for metal matrix composites include healthcare, marine, automotive, electronics, and others.

Growing demand for lightweight materials in the aerospace and automotive industry is boosting market growth.

Technological constraints and high assembly cost may limit market growth.

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics of Global Metal Matrix Composites (MMCs) Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis of Global Metal Matrix Composites (MMCs) Market

5.1 Supply Chain Analysis

5.1.1 Raw Material Suppliers

5.1.2 Manufacturers/Producers

5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

5.1.4 End User

5.2 Porter’s Five Forces Analysis

5.2.1 Threat of New Entrants

5.2.2 Bargaining Power of Buyers

5.2.3 Bargaining Power of Suppliers

5.2.4 Threat of Substitutes

5.2.5 Intensity of Competitive Rivalry

5.3 Pricing Analysis

6. Global Metal Matrix Composites (MMCs) Market, by Product Type

6.1 Introduction

6.2 Aluminum

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Nickel

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Refractory

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Copper

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

6.6 Others

6.6.1 Market Estimates & Forecast, 2020–2027

6.6.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Metal Matrix Composites (MMCs) Market, by End-Use Industry

7.1 Introduction

7.2 Aerospace & Defense

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Automotive

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Building & Construction

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Marine

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 Electronics

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

7.7 Healthcare

7.7.1 Market Estimates & Forecast, 2020–2027

7.7.2 Market Estimates & Forecast, by Region, 2020–2027

7.8 Others

7.8.1 Market Estimates & Forecast, 2020–2027

7.8.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Metal Matrix Composites (MMCs) Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020–2027

8.3.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020–2027

8.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast, by Product Type,2020–2027

8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast, by Product Type,2020–2027

8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast, by Product Type,2020–2027

8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020–2027

8.3.10.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020–2027

8.3.11.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020–2027

8.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020–2027

8.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2020–2027

8.5.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5.5 Iran

8.5.5.1 Market Estimates & Forecast, 2020–2027

8.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5.6 UAE

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5.7 Oman

8.5.7.1 Market Estimates & Forecast, 2020–2027

8.5.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020–2027

8.5.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020–2027

8.6.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020–2027

8.6.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.6.6 Chile

8.6.6.1 Market Estimates & Forecast, 2020–2027

8.6.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020–2027

8.6.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Mergers & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Materion Corporation

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Melrose Industries PLC

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 3M

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Plansee SE

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Sandvik AB

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Hitachi Ltd

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 CPS Technologies Corporation

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Tisics Ltd

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Ferrotec USA Corporation

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Sumitomo Electrical Industry

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Thermal Transfer composites LLC

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Ametek Inc.

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Ceramtec

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategy

10.13.5 Key Developments

10.13.6 SWOT Analysis

10.14 Alvant Ltd

10.14.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Strategy

10.14.5 Key Developments

10.14.6 SWOT Analysis

10.15 Schmolz + Bickenbach Group

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Strategy

10.15.5 Key Developments

10.15.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Metal Matrix Composites (MMCs) Market: by Region, 2020–2027

Table 2 North America: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table 3 Europe: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table 4 Asia-Pacific: Metal Matrix Composites (MMCs) Market. by Country, 2020–2027

Table 5 Middle East & Africa: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table 6 Latin America: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table 7 Metal Matrix Composites (MMCs) Product Type Market, by Regions, 2020–2027

Table 8 North America: Metal Matrix Composites (MMCs) Product Type Market, by Country, 2020–2027

Table 9 Europe: Metal Matrix Composites (MMCs) Product Type Market, by Country, 2020–2027

Table10 Asia-Pacific: Metal Matrix Composites (MMCs) Product Type Market, by Country, 2020–2027

Table11 Middle East & Africa: Metal Matrix Composites (MMCs) Product Type Market, by Country, 2020–2027

Table12 Latin America: Metal Matrix Composites (MMCs) Product Type Market, by Country, 2020–2027

Table 13 Metal Matrix Composites (MMCs) End-Use Industry Market, by Regions, 2020–2027

Table14 North America: Metal Matrix Composites (MMCs) End-Use Industry Market, by Country, 2020–2027

Table15 Europe: Metal Matrix Composites (MMCs) End-Use Industry Market, by Country, 2020–2027

Table16 Asia-Pacific: Metal Matrix Composites (MMCs) End-Use Industry Market, by Country, 2020–2027

Table17 Middle East & Africa: Metal Matrix Composites (MMCs) End-Use Industry Market, by Country, 2020–2027

Table18 Latin America: Metal Matrix Composites (MMCs) End-Use Industry Market, by Country, 2020–2027

Table19 Global Product Type Market, by Region, 2020–2027

Table20 Global End-Use Industry Market, by Region, 2020–2027

Table21 North America: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table22 North America: Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

Table23 North America: Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027

Table24 Europe: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table25 Europe: Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

Table26 Europe: Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027

Table27 Asia-Pacific: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table28 Asia-Pacific: Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

Table29 Asia-Pacific: Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027

Table30 Middle East & Africa: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table31 Middle East & Africa: Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

Table32 Middle East & Africa: Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027

Table33 Latin America: Metal Matrix Composites (MMCs) Market, by Country, 2020–2027

Table34 Latin America: Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

Table35 Latin America: Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027

LIST OF FIGURES

FIGURE 1 Metal Matrix Composites (MMCs) Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Metal Matrix Composites (MMCs) Market

FIGURE 4 Value Chain of Metal Matrix Composites (MMCs) Market

FIGURE 5 Share of Metal Matrix Composites (MMCs) Market in 2020, by Country

FIGURE 6 Metal Matrix Composites (MMCs) Market, 2020–2027,

FIGURE 7 Metal Matrix Composites (MMCs) Market Size, by Product Type, 2020

FIGURE 8 Share of Metal Matrix Composites (MMCs) Market, by Product Type, 2020–2027

FIGURE 9 Metal Matrix Composites (MMCs) Market Size, by End-Use Industry, 2020

FIGURE10 Share of Metal Matrix Composites (MMCs) Market, by End-Use Industry, 2020–2027