Composites are a combination of two or more materials that have different properties. They have high stiffness and tensile strength, low density, high thermal and electrical conductivity, and adjustable coefficient of thermal expansion. They are also corrosion resistant and stable at high temperatures. Composites are classified based on matrix and filler materials.
Technavio’s analysts forecast the global metal matrix composites market to grow at a CAGR of 6.23% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global metal matrix composites market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - APAC - North America - ROW
Technavio's report, Global Metal Matrix Composites Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - 3A Composites - ADMA Products - AMETEK Specialty Metal Products - Deutsche Edelstahlwerke - Metal Matrix Cast Composites - Mi-Tech Metals
Market driver - Use of MMCs for manufacturing vehicle components. - For a full, detailed list, view our report
Market challenge - Increased competition among vendors. - For a full, detailed list, view our report
Market trend - Rising demand from aero engine applications. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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