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Metal Matrix Composites (MMC) Market

Metal Matrix Composites (MMC) Market for Ground Transportation, Electronics/Thermal Management, Aerospace and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Metal matrix composites (MMC) are materials comprising at least two parts: (i) metal (ii) ceramic fiber, organic material or another metal. MMC consists of a metal matrix that is reinforced with a filler material to improve mechanical performance of the composite material. Components and parts produced from MMC are used in various end-user industries including ground transportation, electronics/thermal management, aerospace, defense, marine, and nuclear. Aluminum MMC, nickel MMC, refractory MMC and others are the key product segments of MMC. The global MMC market generated revenue of USD 228.7 million in 2012 and is expected to reach USD 357.3 million by 2019, expanding at a CAGR of 6.6% from 2013 to 2019.

The refractory MMC segment accounted for the largest share of the global MMC market in 2012, followed by aluminum MMC and nickel MMC. The refractory MMC segment of the global MMC market generated revenue of USD 92.8 million in 2012 and is anticipated to reach USD 147.3 million in 2019, growing at a CAGR of 6.8% from 2013 to 2019. It is also the fastest growing product segment in the MMC market. Furthermore, the aluminum segment is anticipated to record decent growth over the next six years led by rising demand for aluminum MMC from automotive and aerospace industries.

The ground transportation segment was the largest end-user segment of MMC in 2012. The ground transportation segment generated revenue of USD 119.6 million in 2012 and is projected to reach USD 184.2 million in 2019, growing at a CAGR of 6.4% from 2013 to 2019. The ground transportation segment was followed by electronics/thermal management industry, which is likely to be the fastest growing end-user segment in the global MMC market. Ground transportation and electronics/thermal management segments are anticipated to grow significantly in the next few years due to high demand from automotive and electronics industries globally. Additionally, demand for MMC from other end-users, including nuclear industry and industrial equipment manufacturers, is expected to increase at a decent rate in the next six years.

The global MMC market is segmented based on regions. North America represents the largest market for the MMC industry. Rising demand for various types of MMC from automotive and aerospace industries in the U.S. is estimated to drive the market in North America. Asia Pacific was the second largest market for MMC, followed by Europe and RoW. Asia Pacific is predicted to be the fastest growing regional market for MMC in the next few years owing to high demand from automotive and electronics/thermal management industries in countries such as China and India.

High demand for MMC from automotive, aerospace and electronics/thermal management industry is driving the global MMC market. Aluminum MMC, which is used in the production of several automotive, aerospace and electronic components, was the largest market in terms of demand for MMC materials across the globe in 2012. Rising usage of MMC in the manufacture of lightweight and durable components for different industrial applications is expected to drive the global MMC market in the next six years. However, lower global defense revenue and negative outlook for the shipping industry worldwide may hamper market growth in the next few years. Key manufacturers of MMC include Materion Corporation, Sandvik AB, GKN PLC, 3M, Plansee SE, Sumitomo Electric Industries, Ltd., Hitachi Metals, Ltd., CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH and 3A Composites.

    1. Preface

        1.1. Report description

        1.2. Market segmentation

            1.2.1. Global MMC market segmentation, product segment, end-user and region

        1.3. Research scope

            1.3.1. Assumptions

        1.4. Research methodology

    2. Executive summary

        2.1. Global MMC market, 2012-2019 (Tons) (USD Million)

    3. MMC - Industry Analysis

        3.1. Introduction

        3.2. Value chain analysis

        3.3. Market drivers

            3.3.1. Growing automotive market

                3.3.1.1. Global automotive market (cars and commercial vehicles) volume, 2012-2019, (Million Units)

            3.3.2. Rising production of electronic equipment

                3.3.2.1. Global electronics production, 2012-2019, (USD Billion)

            3.3.3. Increasing demand from aerospace industry

                3.3.3.1. Global large commercial aircraft delivery, 2012-2019, (Aircraft Units)

        3.4. Restraints

            3.4.1. Reduction in global defense revenue

                3.4.1.1. Global defense revenue, 2009-2012, (USD Billion)

            3.4.2. Negative outlook for the global shipping industry

        3.5. Opportunity

            3.5.1. Speedy recovery of global nuclear industry

        3.6. Porter’s five forces analysis

            3.6.1. Bargaining power of suppliers

            3.6.2. Bargaining power of buyers

            3.6.3. Threat from new entrants

            3.6.4. Threat from substitutes

            3.6.5. Degree of competition

        3.7. Market attractiveness analysis

            3.7.1. Global MMC market attractiveness, by product segment, 2012

        3.8. Company market share analysis

            3.8.1. Global MMC market share, by company, 2012

    4. Global MMC Market– Product Segment Analysis

        4.1. Global MMC market : Industry analysis by product segment

            4.1.1. Global MMC market volumes share, by product segment, 2012 and 2019

        4.2. Global MMC market, by product segment, 2012-2019

            4.2.1. Aluminum MMC

                4.2.1.1. Global MMC market for aluminum MMC, 2012-2019 (Tons) (USD Million)

            4.2.2. Nickel MMC

                4.2.2.1. Global MMC market for nickel MMC, 2012-2019 (Tons) (USD Million)

            4.2.3. Refractory MMC

                4.2.3.1. Global MMC market for refractory MMC, 2012-2019 (Tons) (USD Million)

            4.2.4. Others (Including magnesium, beryllium, titanium, etc.)

                4.2.4.1. Global MMC market for other MMC, 2012-2019 (Tons) (USD Million)

    5. Global MMC Market - End-user Analysis

        5.1. Global MMC market: Industry analysis by end-user

            5.1.1. Global MMC market volume share, by end-user, 2012 and 2019

            5.1.2. Ground transportation

                5.1.2.1. Global MMC market for ground transportation, 2012-2019 (Tons) (USD Million)

            5.1.3. Electronics/thermal management

            5.1.4. Global MMC market for electronics/thermal management, 2012-2019 (Tons) (USD Million)

            5.1.5. Aerospace

                5.1.5.1. Global MMC market for aerospace, 2012-2019 (Tons) (USD Million)

            5.1.6. Others (Including defense, industrial equipment, marine, nuclear, etc.)

                5.1.6.1. Global MMC market for other end-users, 2012-2019 (Tons) (USD Million)

    6. Global MMC Market - Regional Analysis

        6.1. Global MMC market: Regional overview

            6.1.1. Global MMC market volume share, by region, 2012 and 2019

        6.2. North America

            6.2.1. North America MMC market volume, by product segment, 2012-2019 (Tons)

            6.2.2. North America MMC market revenue, by product segment, 2012-2019 (USD Million)

            6.2.3. North America MMC market volume, by end-user, 2012-2019 (Tons)

            6.2.4. North America MMC market revenue, by end-user, 2012-2019 (USD Million)

        6.3. Europe

            6.3.1. Europe MMC market volume, by product segment, 2012-2019 (Tons)

            6.3.2. Europe MMC market revenue, by product segment, 2012-2019 (USD Million)

            6.3.3. Europe MMC market volume, by end-user, 2012-2019 (Tons)

            6.3.4. Europe MMC market revenue, by end-user, 2012-2019 (USD Million)

        6.4. Asia Pacific

            6.4.1. Asia Pacific MMC market volume, by product segment, 2012-2019 (Tons)

            6.4.2. Asia Pacific MMC market revenue, by product segment, 2012-2019 (USD Million)

            6.4.3. Asia Pacific MMC market volume, by end-user, 2012-2019 (Tons)

            6.4.4. Asia Pacific MMC market revenue, by end-user, 2012-2019 (USD Million)

        6.5. RoW

            6.5.1. RoW MMC market volume, by product segment, 2012-2019 (Tons)

            6.5.2. RoW MMC market revenue, by product segment, 2012-2019 (USD Million)

            6.5.3. RoW MMC market volume, by end-user, 2012-2019 (Tons)

            6.5.4. RoW MMC market revenue, by end-user, 2012-2019 (USD Million)

    7. Company Profiles

        7.1. Materion Corporation

            7.1.1. Company overview

            7.1.2. Product portfolio

            7.1.3. Financial overview

            7.1.4. Business strategies

            7.1.5. SWOT analysis

            7.1.6. Recent developments

        7.2. Sandvik AB

            7.2.1. Company overview

            7.2.2. Product portfolio

            7.2.3. Financial overview

            7.2.4. Business strategy

            7.2.5. SWOT analysis

            7.2.6. Recent developments

        7.3. GKN PLC

            7.3.1. Company overview

            7.3.2. Product portfolio

            7.3.3. Financial overview

            7.3.4. Business strategy

            7.3.5. SWOT analysis

            7.3.6. Recent developments

        7.4. 3M

            7.4.1. Company overview

            7.4.2. Product portfolio

            7.4.3. Financial overview

            7.4.4. Business strategy

            7.4.5. SWOT analysis

            7.4.6. Recent developments

        7.5. Plansee SE

            7.5.1. Company overview

            7.5.2. Product portfolio

            7.5.3. Financial overview

            7.5.4. Business strategy

            7.5.5. SWOT analysis

            7.5.6. Recent developments

        7.6. Sumitomo Electric Industries, Ltd.

            7.6.1. Company overview

            7.6.2. Product portfolio

            7.6.3. Financial overview

            7.6.4. Business strategy

            7.6.5. SWOT analysis

            7.6.6. Recent development

        7.7. Hitachi Metals, Ltd.

            7.7.1. Company overview

            7.7.2. Product portfolio

            7.7.3. Financial overview

            7.7.4. Business strategy

            7.7.5. SWOT analysis

            7.7.6. Recent developments

        7.8. CPS Technologies Corporation

            7.8.1. Company overview

            7.8.2. Product portfolio

            7.8.3. Financial overview

            7.8.4. Business strategy

            7.8.5. SWOT analysis

            7.8.6. Recent developments

        7.9. Deutsche Edelstahlwerke GmbH

            7.9.1. Company overview

            7.9.2. Product portfolio

            7.9.3. Financial overview

            7.9.4. Business strategy

            7.9.5. SWOT analysis

            7.9.6. Recent development

        7.10. 3A Composites

            7.10.1. Company overview

            7.10.2. Product portfolio

            7.10.3. Financial overview

            7.10.4. Business strategy

            7.10.5. SWOT analysis

            7.10.6. Recent development

    List of Tables

    TABLE 1: Global MMC market: Snapshot

    TABLE 2: Drivers for MMC market: Impact analysis

    TABLE 3: Restraints for MMC market: Impact analysis

    TABLE 4: North America MMC market volume, by product segment, 2012- 2019 (Tons)

    TABLE 5: North America MMC market revenue, by product segment, 2012-2019 (USD Million)

    TABLE 6: North America MMC market volume, by end-user, 2012-2019 (Tons)

    TABLE 7: North America MMC market revenue, by end-user, 2012-2019 (USD Million)

    TABLE 8: Europe MMC market volume, by product segment, 2012-2019 (Tons)

    TABLE 9: Europe MMC market revenue, by product segment, 2012-2019 (USD Million)

    TABLE 10: Europe MMC market volume, by end-user, 2012-2019 (Tons)

    TABLE 11: Europe MMC market revenue, by end-user, 2012-2019 (USD Million)

    TABLE 12: Asia Pacific MMC market volume, by product segment, 2012-2019 (Tons)

    TABLE 13: Asia Pacific MMC market revenue, by product segment, 2012-2019 (USD Million)

    TABLE 14: Asia Pacific MMC market volume, by end-user, 2012-2019 (Tons)

    TABLE 15: Asia Pacific MMC market revenue, by end-user, 2012-2019 (USD Million)

    TABLE 16: RoW MMC market volume, by product segment, 2012-2019 (Tons)

    TABLE 17: RoW MMC market revenue, by product segment, 2012-2019 (USD Million)

    TABLE 18: RoW MMC market volume, by end-user, 2012-2019 (Tons)

    TABLE 19: RoW MMC market revenue, by end-user, 2012-2019 (USD Million)

    List of Figures

    FIG. 1: Global MMC market segmentation, product segment, end-user and region

    FIG. 2: Global MMC market, 2012-2019 (Tons) (USD Million)

    FIG. 3: MMC: Value chain analysis

    FIG. 4: Global automotive market (cars and commercial vehicles) volume, 2012-2019, (Million Units)

    FIG. 5: Global electronics production, 2012-2019, (USD Billion)

    FIG. 6: Global large commercial aircraft delivery, 2012-2019, (Aircraft Units)

    FIG. 7: Global defense revenue, 2009-2012, (USD Billion)

    FIG. 8: Porter’s five forces analysis for MMC

    FIG. 9: MMC: Market attractiveness analysis

    FIG. 10: Global MMC market share, by company, 2012

    FIG. 11: Global MMC market volumes share, by product segment, 2012 and 2019

    FIG. 12: Global MMC market for aluminum MMC, 2012-2019 (Tons) (USD Million)

    FIG. 13: Global MMC market for nickel MMC, 2012-2019 (Tons) (USD Million)

    FIG. 14: Global MMC market for refractory MMC, 2012-2019 (Tons) (USD Million)

    FIG. 15: Global MMC market for other MMC, 2012-2019 (Tons) (USD Million)

    FIG. 16: Global MMC market volume share, by end-user, 2012 and 2019

    FIG. 17: Global MMC market for ground transportation, 2012-2019 (Tons) (USD Million)

    FIG. 18: Global MMC market for electronics/thermal management, 2012-2019 (Tons) (USD Million)

    FIG. 19: Global MMC market for aerospace, 2012-2019 (Tons) (USD Million)

    FIG. 20: Global MMC market for other end-users, 2012-2019 (Tons) (USD Million)

    FIG. 21 Global MMC market volume share, by region, 2012 and 2019

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Metal Matrix Composites (MMC) Market

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