Metal Matrix Composites: The Global Market
Report Highlights
- The global market for metal matrix composites consumed 4.1 million kilograms of materials in 2007 and 4.4 million kilograms in 2008. This is expected to increase to 5.9 million in 2013, for a compound annual growth rate (CAGR) of 5.9%.
- The ground transportation segment has the largest share of the market and used 2.4 million kilograms of materials in 2008. This should reach 3.2 million kilograms in 2013, for a CAGR of 5.5%.
- Electronics/thermal management applications have the second largest market share and used 1.4 million kilograms of MMCs in 2007. This increased to 1.5 million kilograms in 2008 and is expected to increase at a CAGR of 6.5% to reach 2.1 million kilograms in 2013.
INTRODUCTION
STUDY GOALS AND OBJECTIVES
The goal of this report is to provide a detailed and comprehensive multi-client study of the global market for metal matrix composites (MMCs) as well as potential business opportunities in the future. This report’s objectives include a thorough coverage of the underlying business issues driving the MMC market, as well as assessments of new and potential products that companies are developing. Social, political, and other issues are also covered, as are international markets. The emphasis, however, is from a North American viewpoint.
This technology/marketing report starts with an overview of MMCs, including a history of MMC development and the overall composites marketplace. The report then moves on to processing technology trends and secondary processing and fabrication methods before proceeding to a detailed assessment of markets and product applications in ground transportation, electronics, commercial and defense aerospace, industrial and defense, and recreational equipment. This assesses the market growth, materials, production, status of commercial development, barriers to entry, and market leaders. A comprehensive analysis of the industry structure is provided and ends with profiles of the leading MMC companies.
REASONS FOR DOING THE STUDY
Frequently Asked Questions (FAQs)
Report Highlights
REPORT HIGHLIGHTS
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The overall metal matrix composite (MMC) market will rise at an average annual growth rate (AAGR) of 6.3% through 2010 to 4.9 million kg.
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This growth represents an acceleration from that experienced between 1999 and 2004.
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The industry is relatively small, with only $185 million in global revenues and consisting of less than 100 companies competing at varying levels, but most of which are specialized.
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Geographically, the most rapid growth in MMC consumption will occur in China.
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Both electronics/thermal management and industrial MMC markets will experience the strongest growth.
Report Highlights
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Supported in large part by a number of medium- to high-volume automotive applications for metal matrix composites (MMCs) and the production of value-added composite parts to dissipate heat from high-power semiconductor devices, the 1999 world market for MMCs reached 2.5 million kg valued at $103 million. BCC projects that the total world market for MMCs will rise to 4.9 million kg, valued at $173 million during the next five years, corresponding to a 14.1% average annual growth rate (AAGR) from 1999 through 2004.The ground transportation market segment consumed, by far, the largest volume of MMCs in 1999. By 2004, the ground transportation market will be even further ahead with a full 70.3% (3.4 million kg) of the market, due primarily to increasing incorporation of MMC components into specialty lightweight/high fuel efficiency vehicles.BCC expects the industrial market segment to increase at an 11.2% AAGR during the next five years, reaching 130 thousand kilograms in 2004, or 2.7% of the total market.