DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Metal Matrix Composite Market by Type (Aluminum MMC, Magnesium MMC, Refractory MMC), Production Technology, Reinforcement (Continuous, Discontinuous, Particle), End Use Industry, and Region - Global Forecast to 2021" report to their offering.
The global metal matrix composite (MMC) market is projected to reach USD 619.1 million by 2021, at a CAGR of 6.10% from 2016 to 2021.
The major drivers of the global MMCs market are, the increasing demand for MMCs from the transportation and wind energy end user industry, increasing usage of MMCs in construction & infrastructure, and new product launches in the MMCs market. However, issues related to the recyclability & remold ability of MMCs and insufficient production capacity are the major factors restraining the growth of the market.
MMC is gaining importance in the ground transportation end-use industry due to weight saving achieved by MMCs for a given level of strength is considerable than other metals, also the rail sector is focused on reducing the weight, increasing the efficiency, and better exploiting lighter and more exotic materials, which further increases the demand for MMC in the ground transportation end-use industry.
The North America region is the fastest-growing MMCs market. The increasing demand for MMC by various end-use industries such as ground transportation, aerospace, and thermal management is driving the MMC market in the region. Moreover, the region is home to major aircraft manufacturers, spacecraft manufacturers, and automotive manufacturers; where MMC products are used.
The report provides a comprehensive analysis and company profiles of the following companies:
- Materion Corporation (U.S.)
- CPS Technologies Corporation (U.S.)
- 3M (U.S.)
- GKN Sinter Metals (U.K.)
- Deutsche Edelstahlwerke GmbH (Germany)
- CeramTec (Germany)
- Metal Matrix Cast Composites (U.S.)
- Plansee SE (Austria)
- Ferrotec Corporation (U.S.)
- Sandvik AB (Sweden)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Trends
7 Metal Matrix Composite Market, By Product Type
8 Metal Matrix Composite Market, By Production Technology
9 Metal Matrix Composite Market, By Reinforcement Type
10 Metal Matrix Composite Market, By End-Use Industry
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/t27dht/metal_matrix