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Metal Matrix Composite Market Share

  • Report ID: GMI10879
  • Published Date: Aug 2024
  • Report Format: PDF

Metal Matrix Composite Market Share

Materion Corporation, CPS Technologies Corporation, Plansee SE, ATI Metals, 3M Company, and others play a pivotal role in the growth of the Metal Matrix Composite (MMC) market by advancing key technologies and innovations across various segments. Materion Corporation and CPS Technologies Corporation are instrumental in enhancing the performance and application range of MMCs through their advanced materials for thermal management and structural applications. Plansee SE and ATI Metals contribute significantly with their high-performance superalloy MMCs, which cater to the aerospace and industrial sectors, driving growth through increased demand for high-strength, lightweight materials.
 

3M Company, with its continuous fiber and carbon fiber reinforcements, supports the market's expansion by addressing the need for high-performance, lightweight composites in aerospace and automotive industries. Collectively, these companies push the boundaries of MMC technology, support diverse end-use applications, and respond to rising industry demands for advanced materials. Their efforts in research and development, alongside the implementation of innovative production technologies, underscore their critical role in shaping the future trajectory of the MMC market.
 

Metal Matrix Composite Market Companies

Major players operating in the industry include:

  • 3M Company
  • Albany International Corp.
  • Alvant Ltd
  • ATI Metals
  • CPS Technologies Corporation
  • DWA Aluminum Composites USA, Inc.
  • GKN Sinter Metals
  • Hitco Carbon Composites (Part of SGL Carbon Group)
  • Kennametal Inc.
  • Lanxide Corporation
  • M Cubed Technologies (Part of II-VI Incorporated)
  • Materion Corporation
  • Metal Matrix Cast Composites, LLC (MMC)
  • MI-Tech Metals, Inc.
  • Oerlikon Metco
  • Plansee SE
  • Praxair Surface Technologies
  • Thixomat, Inc.
  • TISICS Ltd
Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The industry size for metal matrix composite was USD 810 million in 2023 and is anticipated to register over 12.4% CAGR between 2024 and 2032 driven by increasing demand across various high-performance applications, particularly in the aerospace, automotive, and defense sectors.

The discontinuous reinforcement type segment in the metal matrix composite industry held a 46% share in 2023 owing to significant advantages in terms of cost-effectiveness and ease of production

Asia Pacific industry generated a revenue of USD 302 million in 2023 and is likely to record 870 million by 2032 due to the presence of a strong industrial base, particularly in countries like China, Japan, and India

3M Company, Albany International Corp., Alvant Ltd, ATI Metals, CPS Technologies Corporation, DWA Aluminum Composites USA, Inc., GKN Sinter Metals, and Lanxide Corporation

Metal Matrix Composite Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 155
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