Metal Matrix Composites: Market Research Report

December 2018 | 187 pages | ID: MDACDA7F180EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Metal Matrix Composites in US$ Thousand. The Global Market is analyzed by the following Product Segments: Aluminum Matrix Composites, Refractory Metal Matrix Composites, and Other Metal Matrix Composites. The Global market is also analyzed by the following End-Use Industries: Ground Transportation, Electronics/Thermal Management, Aerospace, Industrial, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.

Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 34 companies including many key and niche players such as -

• 3A Composites
• 3M Company
• ADMA Products, Inc.
• AMETEK Specialty Metal Products
• CPS Technologies Corporation
• Daewha Alloytic Co. Ltd.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Metal Matrix Composites
Aluminum Matrix Composites
Refractory Metal Matrix Composites
Other Metal Matrix Composites
Titanium Matrix Composites
Copper Matrix Composites

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Composites – A Prelude
Metal Matrix Composites – A Review
Metal Matrix Composites Market Exhibit Significant Growth
Improving Economy Buoys General Market Optimism
Years 2016 and 2017 in Retrospect

2018 GLOBAL ECONOMIC OUTLOOK

Table 1. World Real GDP Growth Rates in % for the Years 2016, 2017 & 2018 by Country (includes corresponding Graph/Chart)

Table 2. World GDP (2016 & 2017): Percentage Breakdown of Nominal GDP Value by Country (includes corresponding Graph/Chart)

Steady Acceleration in Global PMI Benefits Market Growth in Industrial Sector

Table 3. Global Purchasing Managers Index (PMI): Breakdown of Monthly PMI Data by Country for the Period January 2017 to December 2017 (includes corresponding Graph/Chart)

Market Outlook
Developing Markets to Drive Growth
Competitive Landscape – A Brief Overview

2. MARKET TRENDS, GROWTH DRIVERS & ISSUES

Matrix Composites – the Future of Metals
Ground Transportation Industry – The Largest Revenue Contributor
Automotive Industry – A Major End-Use Market for Metal Matrix Composites
Aluminum Metal Matrix – The Most Preferred in Automotive Industry
Nanotechnology Technique Used for Advanced Engineering Materials
Increase in Automotive Production Augurs Well for the Market
Opportunity Indicators

Table 4. Global Passenger Car Production (2012, 2014, 2016 & 2018) in Million Units (includes corresponding Graph/Chart)

Table 5. Global Commercial Vehicle Production (2012, 2014, 2016 & 2018) in Million Units (includes corresponding Graph/Chart)

Railways – Market Laden with Tremendous Potential
Electronics Sector Offers Robust Growth Opportunities for MMCs
Opportunities Aplenty in Electronics Packaging & Thermal Management Applications
Opportunity Indicators

Table 6. Global Semiconductor Industry (2016 & 2020P): Percentage Breakdown of Revenues by Application (includes corresponding Graph/Chart)

Table 7. Global Market for Consumer Electronics (2018 & 2022): Breakdown of Annual Revenue (in US$ Billion) by Region/Country - US, Canada, Europe, Asia-Pacific (including Japan), Middle East, and Latin American Markets (includes corresponding Graph/Chart)

Table 8. Global Sales of Smartphones (in Million Units) by Region/Country for the Years 2016, 2018, 2022 (includes corresponding Graph/Chart)

Table 9. World Market for Tablets (2016-2022P): Annual Shipments in Thousand Units by Geographic Region (includes corresponding Graph/Chart)

Healthy Outlook for the World Commercial Aviation Industry Drives Demand for Metal Matrix Composites

Table 10. Global Growth in Commercial Air Passenger Traffic (in Billion) for the Years 2012 through 2015 & Projections for 2034 (includes corresponding Graph/Chart)

Rise in Aircraft Fleet Drive Long-Term Opportunities

Table 11. Global Aircraft Deliveries Estimates and Forecasts (2014 - 2020P) (in Units) (includes corresponding Graph/Chart)

Table 12. Percentage Breakdown of New Airplanes Demand by Geographic Region over the Period 2015-2035P (includes corresponding Graph/Chart)

Defense Aerospace Presents Steady Growth Prospects for Metal Matrix Composites
Developments and Innovations Underway
Self-Healing Properties
The Cost Factor
A Look into Other Defense Related Applications for MMCs
Review of Defense Budgets & Implications on Adoption of MMCs in Production of Military/Defense Related Products

Table 13. Military Spending in Select Countries (2015 & 2016): Breakdown of Amount Spent (in US$ Billion) and Rate of Growth (%) (includes corresponding Graph/Chart)

Table 14. Military Spending as a Percentage of GDP in Select Leading Countries for 2015 & 2016 (includes corresponding Graph/Chart)

Nuclear Power Continues to Find Attention – To Boost Market Prospects
Opportunity Indicators

Table 15. World Market for Nuclear Power Generation (2016, 2018 & 2020): Breakdown of Annual Power Generation in TeraWatt-hours (TWh) by Region/Country (includes corresponding Graph/Chart)

Table 16. Global Fleet of Operating Nuclear Reactors by Country: 2017E (includes corresponding Graph/Chart)

Table 17. Breakdown of Number of Nuclear Reactors in Operation, and Under Construction as of July 2017 in Africa, East Asia, Eastern & Central Europe, Latin America, North America, South Asia & Middle East, and Western Europe (includes corresponding Graph/Chart)

Expanding Applications to Drive Future Growth
Metal Composite Materials Find Increased Usage in Buildings
Sports and Biomedical Sectors
Power Transmission Segment Offers Plenty of Opportunities
MMC Issues & Challenges
High Costs – Biggest Hurdle to MMC Growth
The Way Forward
Solutions Related to AMCs
Increased Focus on R&D Efforts to Drive Market Growth

3. INNOVATIONS/RESEARCH & DEVELOPMENTS

Hybrid MMCs for Better Mechanical Properties
Nano Particles-Reinforced MMCs – A Most Recent Advancement
Potential Applications of Nano Particles-reinforced MMCs
New Stir-Casting Method for Economically Viable Production of MMCs in Large Quantities
Ceramic-Matrix-Composites Gain Popularity for Aircraft Engines but Issues Persist

4. PRODUCT OVERVIEW

Composite
Matrix
Reinforcement
Types of Reinforcements
Continuous Reinforcement
Discontinuous Reinforcement
Metal Matrix Composite
MMC Classification
Continuous MMCs
Multifilament MMCs
Monofilaments
Discontinuous MMCs
Particulate MMCs
Short Fiber MMCs
Whiskers
Cermets
Metallic Foams
Layered MMCs
Hybrid Metal Composites
Intermetallic Matrix Composites
Methods for MMC Fabrication
Solid State Method
Powder Metallurgy
Liquid State Method
Physical Vapor Deposition
Aluminum Matrix Composites (AMCs)
Definition
Types of AMCs
Continuous Fiber-Reinforced AMCs (CFAMCs)
Particle Reinforced AMCs (PAMCs)
Whisker – or Short Fiber-Reinforced AMCs
Mono Filament Reinforced AMCs
Aluminum with Silicon Carbide (SiC) Whiskers
Aluminum with Boron
Aluminum with Graphite (Gr/Al)
Ceramic Reinforcements’ Impact on Aluminum Matrix
AMC Fabrication Methods
Solid State Processing
Powder Metallurgy
Diffusion Bonding
Physical Vapor Deposition (PVD)
Liquid State Processing
Stir Casting (Vortex Technique)
Infiltration Process
Spray Deposition/Direct Processing
Reactive Processing (In-situ Processing)
AMC Applications
Applications in the Aerospace Sector
Refractory Metal Matrix Composites
Titanium Matrix Composites
TMC Applications
Copper Matrix Composites

5. RECENT INDUSTRY ACTIVITY

Materion to Supply AlBeMet Metal Matrix Composite Parts to UTC Aerospace Systems
Boeing Invests in Gamma Alloys for Development of Advanced Metal-Matrix Composites
Egide Acquires TMS LLC dba Santier
Materion Signs Definitive Agreement to Acquire Heraeus Group

6. FOCUS ON SELECT GLOBAL PLAYERS

3A COMPOSITES (SWITZERLAND)

3M COMPANY (USA)

Ceradyne, Inc. (USA)
ADMA Products, Inc. (USA)
AMETEK Specialty Metal Products (USA)
CPS Technologies Corporation (USA)
Daewha Alloytic Co. Ltd. (South Korea)
Deutsche Edelstahlwerke GmbH (Germany)
DWA Aluminum Composites USA, Inc. (USA)
GKN plc (UK)
Hitachi Metals, Ltd. (Japan)
Materion Corporation (USA)
Mi-Tech Tungsten Metals, Inc. (USA)
Sandvik Group (Sweden)
SANTIER, Inc.
Sumitomo Electric Industries, Ltd. (Japan)
Thermal Transfer Composites LLC (USA)
TISICS Ltd. (UK)

7. GLOBAL MARKET PERSPECTIVE

Table 18. World Recent Past, Current & Future Analysis for Metal Matrix Composites by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 19. World Historic Review for Metal Matrix Composites by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 20. World 14-Year Perspective for Metal Matrix Composites by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

Analytics by Product Segment

Table 21. World Recent Past, Current & Future Analysis for Metal Matrix Composites by Product Segment - Aluminum Matrix Composites, Refractory Metal Matrix Composites, and Other Metal Matrix Composites Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 22. World Historic Review for Metal Matrix Composites by Product Segment - Aluminum Matrix Composites, Refractory Metal Matrix Composites, and Other Metal Matrix Composites Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 23. World 14-Year Perspective for Metal Matrix Composites by Product Segment - Percentage Breakdown of Revenues for Aluminum Matrix Composites, Refractory Metal Matrix Composites, and Other Metal Matrix Composites Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

Analytics by End-Use Industry

Table 24. World Recent Past, Current & Future Analysis for Metal Matrix Composites by End-Use Industry - Ground Transportation, Electronics/Thermal Management, Aerospace, Industrial and Other Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 25. World Historic Review for Metal Matrix Composites by End-Use Industry - Ground Transportation, Electronics/Thermal Management, Aerospace, Industrial and Other Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 26. World 14-Year Perspective for Metal Matrix Composites by End-Use Industry - Percentage Breakdown of Revenues for Ground Transportation, Electronics/Thermal Management, Aerospace, Industrial and Other Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current & Future Analysis
A Glance at the Opportunities in Major End-Use Markets
While Fiscal Cliff Concerns Recede to Background, Improving Economy Augurs Well for Metal Composites in Industrial Sector

Table 27. US Revisions of Debt Ceiling Limit (in US$ Billion) for the Years 2002-2017 (includes corresponding Graph/Chart)

Aluminum Matrix Composites (AMCs) – A Brief Overview
Strategic Corporate Developments
Select Players
B. Market Analytics

Table 28. US Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 29. US Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 30. Canadian Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 31. Canadian Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Current & Future Analysis
Automotive Industry – A Major End-Use Market for Metal Matrix Composites
Improving Manufacturing Activity Bodes Well for the Market in Japan

Table 32. Japanese Purchasing Managers Index (PMI): Breakdown of Monthly PMI Data for the Period January 2017 to December 2017 (includes corresponding Graph/Chart)

Select Players
B. Market Analytics

Table 33. Japanese Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 34. Japanese Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Current & Future Analysis
Eurozone Economic Perspective Favors Optimistic Outlook for Metal Matrix Composites Market

Table 35. Eurozone Manufacturing PMI: Monthly Index Points for the Period July 2016 to December 2017 (includes corresponding Graph/Chart)

Table 36. Business Climate Indicator in the Eurozone Area from June 2016 to November 2017: Breakdown by Month (includes corresponding Graph/Chart)

B. Market Analytics

Table 37. European Recent Past, Current & Future Analysis for Metal Matrix Composites by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 38. European Historic Review for Metal Matrix Composites by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 39. European 14-Year Perspective for Metal Matrix Composites by Geographic Region/Country - Percentage Breakdown of Revenues for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

4A. FRANCE

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 40. French Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 41. French Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4B. GERMANY

A. Market Analysis
Current & Future Analysis
Strong Automotive Sector & Robust Industrial/Manufacturing Activity Makes Germany a Market Laden with Potential for Castings
Strategic Corporate Development
Deutsche Edelstahlwerke GmbH – A Select Player
B. Market Analytics

Table 42. German Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 43. German Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4C. ITALY

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 44. Italian Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 45. Italian Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current & Future Analysis
Composite Industry in the UK – A Snapshot
Select Players
B. Market Analytics

Table 46. UK Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 47. UK Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4E. SPAIN

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 48. Spanish Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 49. Spanish Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4F. RUSSIA

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 50. Russian Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 51. Russian Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

4G. REST OF EUROPE

A. Market Analysis
Current & Future Analysis
Select Players
B. Market Analytics

Table 52. Rest of Europe Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 53. Rest of Europe Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 54. Asia-Pacific Recent Past, Current & Future Analysis for Metal Matrix Composites by Geographic Region/Country - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 55. Asia-Pacific Historic Review for Metal Matrix Composites by Geographic Region/Country - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 56. Asia-Pacific 14-Year Perspective for Metal Matrix Composites by Geographic Region/Country - Percentage Breakdown of Revenues for China, India and Rest of Asia-Pacific Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

5A. CHINA

A. Market Analysis
Current & Future Analysis
Huge Automotive Manufacturing Base Makes China a Lucrative Market for Metal Matrix Composites
B. Market Analytics

Table 57. Chinese Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 58. Chinese Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

5B. INDIA

A. Market Analysis
Current & Future Analysis
Indian Railways – A Major Market for Composites in India
B. Market Analytics

Table 59. Indian Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 60. Indian Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

5C. REST OF ASIA-PACIFIC

A. Market Analysis
Current & Future Analysis
Daewha Alloytic Co. Ltd. (South Korea) – A Select Player
B. Market Analytics

Table 61. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 62. Rest of Asia-Pacific Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

6. LATIN AMERICA

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 63. Latin American Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 64. Latin American Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

7. REST OF WORLD

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 65. Rest of World Recent Past, Current & Future Analysis for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 66. Rest of World Historic Review for Metal Matrix Composites Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 34 (including Divisions/Subsidiaries - 38)
The United States (19)
Canada (2)
Japan (3)
Europe (13)
  Germany (3)
  The United Kingdom (7)
  Rest of Europe (3)
Asia-Pacific (Excluding Japan) (1)