PUBLISHER: The Business Research Company | PRODUCT CODE: 1927007
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927007
Metal matrix composites (MMCs) belong to a category of materials (metals, alloys, or intermetallic compounds) that are reinforced with particles, whiskers, or continuous fibers. These composites serve as excellent alternatives to conventional materials due to their notable characteristics such as hardness, specific strength, and creep resistance.
The main types of metal matrix composites include aluminum MMC, magnesium MMC, copper MMC, superalloys MMC, and others. Aluminum, a light and silver-colored metal, finds extensive use in the manufacture of cooking equipment and aircraft components. Aluminum metal matrix composites (AlMMCs) have demonstrated the ability to meet stringent requirements in applications requiring lightweight properties, high stiffness, and moderate strength. Magnesium-matrix composites have been developed for the space industry, leveraging the low density of magnesium and its alloys. Copper-matrix composites exhibit superior properties compared to other MMCs and are used in specialized equipment such as Radio Frequency Quadrupoles (RFQs) or electron targets in particle accelerators. Superalloys, known for their resistance to high temperatures and speeds, are commonly employed in manufacturing gas turbine blades. Various production technologies, including liquid metal infiltration, powder metallurgy, casting, and deposition techniques, contribute to the fabrication of metal matrix composites. These composites find applications across diverse sectors, including automotive and transportation, aerospace and defense, electrical and electronics, and industrial applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have created both challenges and opportunities for the metal matrix composite market by increasing the cost of imported raw materials such as aluminum alloys, copper, and specialty reinforcements, leading to higher production costs. The impact has been most significant across automotive, aerospace, and electrical and electronics segments, particularly in regions such as Asia Pacific and Europe that depend on cross border supply chains. To offset these effects, manufacturers are shifting toward localized sourcing, investing in domestic production, and improving process efficiency. In parallel, tariffs have supported regional manufacturing development by encouraging local capacity expansion and reduced reliance on imports.
The metal matrix composite market research report is one of a series of new reports from The Business Research Company that provides metal matrix composite market statistics, including metal matrix composite industry global market size, regional shares, competitors with a metal matrix composite market share, detailed metal matrix composite market segments, market trends and opportunities, and any further data you may need to thrive in the metal matrix composite industry. This metal matrix composite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The metal matrix composite market size has grown strongly in recent years. It will grow from $0.62 billion in 2025 to $0.66 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growth in aerospace lightweight material demand, increased use of wear resistant materials in automotive, advancements in powder metallurgy processes, rising defense spending on advanced materials, demand for high strength metal components.
The metal matrix composite market size is expected to see strong growth in the next few years. It will grow to $0.84 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to expansion of electric vehicle production, increasing adoption in thermal management systems, growth in advanced manufacturing technologies, rising demand for fuel efficient aircraft, increasing industrial automation requirements. Major trends in the forecast period include increasing use of aluminum mmcs for lightweight structures, growing adoption of mmcs in high temperature and high wear applications, rising demand for materials with enhanced thermal conductivity, expansion of mmcs in automotive brake and engine systems, focus on improved creep and fatigue resistance.
The growth of the automotive industry is expected to fuel the expansion of the metal matrix composite market in the coming years. The automotive industry consists of a diverse group of businesses and organizations involved in the design, development, production, marketing, and sale of automobiles. Metal matrix composites are used to reduce vehicle weight and improve automotive efficiency. For instance, in January 2024, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, vehicle production in the UK (cars and commercial vehicles combined) totaled about 1,025,474 units in 2023, marking a 17% increase from the previous year. Therefore, the expansion of the automotive industry supports the growth of the metal matrix composite market.
The increasing demand from the manufacturing sector is expected to drive the growth of the metal matrix composite market. The manufacturing sector is a key component of the economy, responsible for converting raw materials and components into finished products for consumers or industrial use. The manufacturing sector supports Metal Matrix Composites (MMCs) in multiple ways, aiding their development, production, and application as advanced materials. For instance, in December 2024, according to Statistics Canada, a Canada-based government agency, the Canadian manufacturing sector grew for the third consecutive year, with total revenue rising 1.7% year over year to $935.6 billion in 2023. Therefore, rising demand from the manufacturing sector is driving the growth of the metal matrix composite market.
Major institutes and companies are focusing on projects involving advanced composite materials for the manufacturing industries. For instance, in May 2023, Elementum 3D, a US-based manufacturer of metal additive materials, launched A5083-RAM5. It is an aluminum alloy engineered for laser powder bed fusion (LPBF) additive manufacturing and features Elementum 3D's patented reactive additive manufacturing (RAM) technology. This innovation provides excellent printability, high strength, and consistent properties without requiring heat treatment. Offering up to 2.9 times the yield strength of standard 5083 alloys, it is perfect for demanding applications in aerospace, marine, and energy industries. Additionally, its composition supports a stable supply chain and minimizes post-processing time and costs.
Major companies operating in the metal matrix composite market are Materion Corporation, CPS Technologies Corporation, DWA Aluminum Composites USA, Plansee SE, Sandvik AB, Sumitomo Electric Industries, Ltd., Kennametal Inc., DAT Alloytech Company Limited, Deutsche Edelstahlwerke GmbH, TISIC Metal Composites, Metal Matrix Cast Composites LLC, MMC Group, AAT Composites, Ferrotec Holdings Corporation, GKN Powder Metallurgy, ADMA Products Inc., Alvant Limited, H.C. Starck Solutions GmbH, Ultramet Inc., Thermal Transfer Composites Ltd.
North America was the largest region in the metal matrix composite market in 2025. Asia-Pacific was expected to be the fastest region in the forecast period. The regions covered in the metal matrix composite market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the metal matrix composite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The metal matrix composite market consists of sales of titanium MMC and cobalt MMC. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Metal Matrix Composite Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses metal matrix composite market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for metal matrix composite ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The metal matrix composite market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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