Metal Matrix Composites industry analysis research and trends report for 2017- 2024

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Metal Matrix Composites industry analysis
research and trends report for 2017- 2024
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• Overview

• Metal Matrix Composites Market size may witness
  significant growth owing to positive application
  outlook in electronics, automotive and space
  equipment. It comprises of metal and organic or
  ceramic compound with thermal, mechanical and
  physical properties which can be customised by
  casting, forging, rolling and heat treatment. 
• Carbon, Ceramic fibres and silicon carbide are
  embedded in metal or alloy and possess better
  thermal electrical conductivity. It is used as
  radiation resistance and outgassing owing to
  properties like withstand wide range of
  temperature and do not absorb moisture. 
• Metal matrix composites (MMC) are light in weight
  and improves automobile fuel efficiency. Growing
  consumer concerns regarding increasing oil prices
  has led to rise in fuel efficient vehicle demand
  thereby stimulating metal matrix
  composites demand MMC has greater tensile
  strength as compared to  reinforced metal,
  aluminium and steel which may influence
  automotive turbines combustion engine and brake
  rotor manufacturing.
• Honda, Toyota and Ford are using aluminium matrix
  to improve car functionality and durability

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• Aluminium MMC reduce thermal expansion increase
  fatigue resistance leading to wide application
  scope in light weight, passenger heavy
  vehicles. Aluminium reinforced composite are
  extensively used in car clutch face plate
  assembly and crank shaft due to excellent
  fatigue, heat and abrasion resistance properties
  Porsche uses MMC in cylinder sleeves in Boxster
  911 model.  Flourishing automobile sector owing
  to increase in consumer spending on automotive
  may drive metal matrix composites market size.
• Metal matrix composites material has high thermal
  conductivity and low thermal expansion
  coefficient than copper and aluminium thereby
  promoting its use in semiconductor manufacturing.
  MMC protect device from thermal stress and radio
  frequency and has wide application in electronic
  packing system. Electronic packaging is used in
  navigation equipment, sensor devices,
  communication and medical equipment. MMC is light
  in weight and reduces packing weight and enhance
  equipment life and functionality.
• Increase in per capita disposable income   has
  led to rise in sports car demand thereby
  promoting product demand. Carbon fibre matrix are
  stiff and low density in nature which enhance
  fuel efficiency. It is widely used in piston
  recess walls, brake pad and backing plates, brake
  disc and cylinder sleeves in engine due to high
  thermal stability and expansion resistance.

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• 360 Analysis

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• Composite materials are used in communication
  satellite as they are stiff in nature, low
  thermal expansion coefficient, light weight and
  possess dimensional stability. Space craft made
  from MMC can withstand thermal radiations, ionic
  radiation plasma, atomic oxygen and provides
  dimensional stability. 
• Metal matrix composites market size from robotic
  application may witness favourable gains over the
  projected time frame. Global industrial robotic
  market is may exceed over USD 80 billion by 2024.
  Metal matrix composites have better wear tear
  resistance, good mechanical strength high
  temperatures resistance and light weight makes
  them suitable material for robot construction.
• High buoyancy and light weight makes metal matrix
  composites beneficial in ship building. MMC has
  good mechanical property and protects vessel from
  creep and fatigue. It prevents scaling at ship
  bottom leading less maintenance requirement and
  improves ship life. Shift in ship building
  manufacturers preference from wood and metals
  usage towards MMC may fuel metal matrix
  composites demand. 

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Competitive Trends

• The notable industries Metal Matrix Composites
  are
• 3M,
• CPS Technologies,
• Santier,
• AZom,
• Hitachi Metals
• Deutsche Edelstahlwerke.

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