A composite material with at least two parts one being metal and other compound may be ceramic, organic material or another metal is called a metal matrix composite. Metal matrix composites can be manufactured by three main types: solid, liquid and gaseous. Metal matrix composites are widely used in ground transportation, electronics, aerospace, industrial use, construction and in consumer products.
The major factors which are driving the metal matrix composites market include: the growth of construction and civil engineering industry and their easy adoption rate due to their special characteristics which are not found in other metals and alloys. They are also cost effective compared to other metals and alloys.
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Opportunities for the metal matrix composite are immense in terms of continuous development and innovating new technologies in order to reduce the overall production cost. Asia Pacific due to strong demands from Japan and from emerging economies like China and India which are growing at GDP rate of more than the global GDP is the fastest growing market for metal matrix composites.
Some of the key market players in the market include: Aerospace Metal Composites Limited, Ceramic Protection Corporation, Composite Technology Corporation, FMW Composite Systems, Hitachi Metals, Metal Matrix Cast Composites LLC, MI-Tech Metals Inc.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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