금속기 복합재료(MMC) 시장 : 유형별, 강화재별, 강화 유형별, 생산 기술별, 최종 이용 산업별, 지역별(2025-2033년)

The global metal matrix composite market size reached USD 553.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 915.8 Million by 2033, exhibiting a growth rate (CAGR) of 5.7% during 2025-2033. The market is poised for significant growth, driven by the increasing demand for metal matric composites (MMCs) from the automotive, aerospace, defense, and electronics industries, rapid advancements in manufacturing technologies, and the rising focus on renewable energy and environmental sustainability, with MMCs offering superior strength-to-weight ratios, thermal and electrical properties, and durability.

Metal matrix composites (MMCs) are composite materials, such as metals, alloys, or intermetallic compounds, which are incorporated with various particulates, whiskers or continuous fibers. They are manufactured by stacking and bonding alternative layers of metals or alloys to enhance the toughness and damage tolerance. They are designed to offer various benefits, such as improving strength, enhancing wear and creep resistance, increasing damping, and reducing thermal expansion. Besides this, MMCs provide high shear strength, enhance abrasion resistance, and offer nonflammability, minimal attack by fuels and solvents, and the ability to be formed and treated on conventional equipment. They are also applied to brake rotors, pistons, and other automotive components as MMCs can operate in high temperatures. As a result, it finds extensive applications in the aerospace, defense, electronics, marine, and packaging industries across the globe.

Metal Matrix Composite Market Trends:

At present, the increasing demand for lightweight and high-performance materials in the aerospace industry to boost fuel efficiency due to the inflating fuel prices represents one of the key factors supporting the growth of the market. Besides this, the rising awareness among the masses about the benefits of MMCs over metals is offering lucrative growth opportunities to industry investors. Moreover, there is an increase in the demand for refractory materials, such as tungsten, niobium, rhenium, and molybdenum, across the globe. This, along with the growing demand for durable and high-precision equipment in the electronics industry, is positively influencing the market. In addition, there is a rise in the utilization of tungsten carbide in heat sinks, resistance welding, and ammunition manufacturing around the world. This, coupled with the increasing employment of MMCs in power electronic modules due to their excellent thermal conductivity, tunable coefficient of thermal expansion, and low density, is propelling the growth of the market. Apart from this, the growing demand for particulate reinforced metal matrix composites (PRMMCs) to manufacture radiator panels, power semiconductor packages, microwave modules, battery sleeves, black box enclosures, and printed circuit board (PCB) heat sinks is offering a favorable market outlook. Additionally, the increasing production of cellular phones, portable computing devices, and gaming systems is strengthening the growth of the market. Furthermore, the escalating demand for electric vehicles (EVs) to reduce greenhouse gas emissions around the world is bolstering the growth of the market.

Key Market Segmentation:

Type Insights:

• Aluminium
• Nickel
• Refractory
• Others

Reinforcement Material Insights:

• Silicon Carbide
• Aluminum Oxide
• Titanium Carbide
• Others

Reinforcement Type Insights:

• Discontinuous
• Continuous
• Particles

Production Technology Insights:

• Powder Metallurgy
• Liquid Metal Infiltration
• Casting
• Deposition Techniques

End Use Industry Insights:

• Automotive and Locomotive
• Electrical and Electronics
• Aerospace and Defense
• Industrial
• Others

Regional Insights:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
• The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for metal matrix composite. Some of the factors driving the North America metal matrix composite market included the growing number of automotive and aerospace manufacturers, increasing need for fuel-efficient vehicles, stringent government regulations to reduce automotive pollution, etc.

Competitive Landscape:

• The report has also provided a comprehensive analysis of the competitive landscape in the global metal matrix composite market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 3M Company, ADMA Products Inc., CeramTec GmbH, CPS Technologies Corporation, Denka Company Limited, Deutsche Edelstahlwerke Services GmbH (Swiss Steel Holding AG), DWA Aluminum Composites USA Inc., Ferrotec Holdings Corporation, Materion Corporation, Melrose Industries plc, Plansee Group, SANTIER Inc. (EGIDE Group), TISICS Ltd, etc.

Key Questions Answered in This Report:

• How has the global metal matrix composite market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global metal matrix composite market?
• What is the impact of each driver, restraint, and opportunity on the global metal matrix composite market?
• What are the key regional markets?
• Which countries represent the most attractive metal matrix composite market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the metal matrix composite market?
• What is the breakup of the market based on the reinforcement material?
• Which is the most attractive reinforcement material in the metal matrix composite market?
• What is the breakup of the market based on the reinforcement type?
• Which is the most attractive reinforcement type in the metal matrix composite market?
• What is the breakup of the market based on production technologies?
• Which is the most attractive production technologies in the metal matrix composite market?
• What is the breakup of the market based on the end use industry?
• Which is the most attractive end use industry in the metal matrix composite market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global metal matrix composite market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Metal Matrix Composite Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Aluminium
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Nickel
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Refractory
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Reinforcement Material

• 7.1 Silicon Carbide
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Aluminum Oxide
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Titanium Carbide
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Reinforcement Type

• 8.1 Discontinuous
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Continuous
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Particles
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Production Technology

• 9.1 Powder Metallurgy
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Liquid Metal Infiltration
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Casting
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Deposition Techniques
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast

10 Market Breakup by End Use Industry

• 10.1 Automotive and Locomotive
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Electrical and Electronics
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Aerospace and Defense
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Industrial
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Others
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast

11 Market Breakup by Region

• 11.1 North America
  • 11.1.1 United States
    • 11.1.1.1 Market Trends
    • 11.1.1.2 Market Forecast
  • 11.1.2 Canada
    • 11.1.2.1 Market Trends
    • 11.1.2.2 Market Forecast
• 11.2 Asia-Pacific
  • 11.2.1 China
    • 11.2.1.1 Market Trends
    • 11.2.1.2 Market Forecast
  • 11.2.2 Japan
    • 11.2.2.1 Market Trends
    • 11.2.2.2 Market Forecast
  • 11.2.3 India
    • 11.2.3.1 Market Trends
    • 11.2.3.2 Market Forecast
  • 11.2.4 South Korea
    • 11.2.4.1 Market Trends
    • 11.2.4.2 Market Forecast
  • 11.2.5 Australia
    • 11.2.5.1 Market Trends
    • 11.2.5.2 Market Forecast
  • 11.2.6 Indonesia
    • 11.2.6.1 Market Trends
    • 11.2.6.2 Market Forecast
  • 11.2.7 Others
    • 11.2.7.1 Market Trends
    • 11.2.7.2 Market Forecast
• 11.3 Europe
  • 11.3.1 Germany
    • 11.3.1.1 Market Trends
    • 11.3.1.2 Market Forecast
  • 11.3.2 France
    • 11.3.2.1 Market Trends
    • 11.3.2.2 Market Forecast
  • 11.3.3 United Kingdom
    • 11.3.3.1 Market Trends
    • 11.3.3.2 Market Forecast
  • 11.3.4 Italy
    • 11.3.4.1 Market Trends
    • 11.3.4.2 Market Forecast
  • 11.3.5 Spain
    • 11.3.5.1 Market Trends
    • 11.3.5.2 Market Forecast
  • 11.3.6 Russia
    • 11.3.6.1 Market Trends
    • 11.3.6.2 Market Forecast
  • 11.3.7 Others
    • 11.3.7.1 Market Trends
    • 11.3.7.2 Market Forecast
• 11.4 Latin America
  • 11.4.1 Brazil
    • 11.4.1.1 Market Trends
    • 11.4.1.2 Market Forecast
  • 11.4.2 Mexico
    • 11.4.2.1 Market Trends
    • 11.4.2.2 Market Forecast
  • 11.4.3 Others
    • 11.4.3.1 Market Trends
    • 11.4.3.2 Market Forecast
• 11.5 Middle East and Africa
  • 11.5.1 Market Trends
  • 11.5.2 Market Breakup by Country
  • 11.5.3 Market Forecast

12 Drivers, Restraints, and Opportunities

• 12.1 Overview
• 12.2 Drivers
• 12.3 Restraints
• 12.4 Opportunities

13 Value Chain Analysis

14 Porters Five Forces Analysis

• 14.1 Overview
• 14.2 Bargaining Power of Buyers
• 14.3 Bargaining Power of Suppliers
• 14.4 Degree of Competition
• 14.5 Threat of New Entrants
• 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

• 16.1 Market Structure
• 16.2 Key Players
• 16.3 Profiles of Key Players
  • 16.3.1 3M Company
    • 16.3.1.1 Company Overview
    • 16.3.1.2 Product Portfolio
    • 16.3.1.3 Financials
    • 16.3.1.4 SWOT Analysis
  • 16.3.2 ADMA Products Inc.
    • 16.3.2.1 Company Overview
    • 16.3.2.2 Product Portfolio
  • 16.3.3 CeramTec GmbH
    • 16.3.3.1 Company Overview
    • 16.3.3.2 Product Portfolio
  • 16.3.4 CPS Technologies Corporation
    • 16.3.4.1 Company Overview
    • 16.3.4.2 Product Portfolio
    • 16.3.4.3 Financials
  • 16.3.5 Denka Company Limited
    • 16.3.5.1 Company Overview
    • 16.3.5.2 Product Portfolio
    • 16.3.5.3 Financials
  • 16.3.6 Deutsche Edelstahlwerke Services GmbH (Swiss Steel Holding AG)
    • 16.3.6.1 Company Overview
    • 16.3.6.2 Product Portfolio
  • 16.3.7 DWA Aluminum Composites USA Inc.
    • 16.3.7.1 Company Overview
    • 16.3.7.2 Product Portfolio
  • 16.3.8 Ferrotec Holdings Corporation
    • 16.3.8.1 Company Overview
    • 16.3.8.2 Product Portfolio
    • 16.3.8.3 Financials
  • 16.3.9 Materion Corporation
    • 16.3.9.1 Company Overview
    • 16.3.9.2 Product Portfolio
    • 16.3.9.3 Financials
    • 16.3.9.4 SWOT Analysis
  • 16.3.10 Melrose Industries plc
    • 16.3.10.1 Company Overview
    • 16.3.10.2 Product Portfolio
    • 16.3.10.3 Financials
  • 16.3.11 Plansee Group
    • 16.3.11.1 Company Overview
    • 16.3.11.2 Product Portfolio
  • 16.3.12 SANTIER Inc. (EGIDE Group)
    • 16.3.12.1 Company Overview
    • 16.3.12.2 Product Portfolio
  • 16.3.13 TISICS Ltd.
    • 16.3.13.1 Company Overview
    • 16.3.13.2 Product Portfolio

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.