Metal Matrix Composites(cms) | Technology Trends

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Summary:

 Metal matrix composites (MMCs) is a composite material consisting of an essential metal reinforcement with a second constituent which may be a different metal or non-metallic material such as ceramic or organic compound. When three components are present, it is called as a hybrid composite.

The key properties offered by MMCs are superior yield strength and tensile strength, high thermal resistance, better conductivity, corrosion, chemical and moisture resistance, and can be used over a wide temperature range.

Owing to the superior properties use of MMCs is inflating in various end-use sectors such as electronics, aerospace, thermal management, defense, marine, ground transportation, and industrial sector. The growing need for lightweight and strong materials in ground transportation and aerospace industry is one of the major drivers for the MMCs market. For example, MMCs have been immensely used for structural tubing in the space shuttle orbiter, propulsion systems for aircraft and tank armors.

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The ground transportation industry is projected to grow at a higher rate because of the demand of MMCs in automotive, in engine components, in brake discs, and in rail applications.

The global MMC market is segmented into end-user industries, product types, production technology, and region.

The MMCs market by product type is segmented into aluminum MMC, magnesium MMC, titanium MMC, Copper MMC, and others. The aluminum MMC holds the major market share in terms of value and volume, owing to its better properties and comparatively low production cost.

Due to the growing demand of MMC from these sectors is expected to sustain the demand of MMC in forthcoming years during the forecast.

Major players in MMCs market:

3M (U.S.)
Metal Matrix Cast Composites (U.S.)
CPS Technologies Corporation (U.S.)
Materion Corporation (U.S.)
Deutsche Edelstahlwerke GmbH (Germany)
GKN Sinter Metals (U.K.)
Major companies have adopted strategies to expand their business by acquiring potential ventures and new product launches and have invested in R&D activities for maintaining their position in the global MMC market.

Key topics covered includes:

The global MMC market is segmented into end-user industries, product types, production technology, and geographical region.
Industry movement partnerships, agreements, collaborations, expansions, acquisitions, licensing activity and product & service launches in the market.
Strategic SWOT & PEST analysis, MMC market characterization i.e. development and determinants.
Analysis of the current and future market drift in the global MMC market. Perspicacious review of the key industry opportunity, restraints, and challenges.
Market assessment of MMCs in the automobile industry, aerospace industry, defense, electronics, sporting goods, railway applications, in power transportation and future applications.

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