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Expense Tracking Software

Posted by goldensun on September 19, 2024 at 1:19am 0 Comments

Streamline Your Finances with an Efficient Invoice Management System

In today's fast-paced business environment, managing expenses and invoices effectively is crucial for any organization. The right invoice management system simplifies tracking, recording, and reimbursing expenses, reducing manual efforts and human error. It not only helps in organizing financial data but also enhances overall transparency in your operations. With the right tools, like expense tracking software,…

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Hydrotherapy: A Holistic Approach for Dogs with Skin Issues — The Pets Workshop

Posted by The Pets Workshop on September 19, 2024 at 1:13am 0 Comments

Dogs with sensitive skin require special care to keep them comfortable and healthy. For these pets, a combination of tailored dog spa Singapore treatments can make all the difference in their well-being. Sensitive skin often reacts to common grooming products, harsh chemicals, or even the…

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Discover Diverse Indian Landscapes with Tailored Tour Packages

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Discover breathtaking mountain views with Himachal Tour Packages, offering a perfect escape into nature. For a serene retreat, Shimla Tour Packages provide the charm of colonial architecture and cool hills. Adventurers can explore… Continue

Real Estate Brokerage License in Dubai

Posted by Shuraa BusinessSetup on September 19, 2024 at 1:12am 0 Comments

To obtain a real estate brokerage license in Dubai, businesses must follow specific procedures, including registering with the Dubai Economic Department (DED) and obtaining approval from the Real Estate Regulatory Authority (RERA). This license allows firms to engage in property transactions, including buying, selling, and renting real estate in the city. Shuraa Business Setup simplifies this process,… Continue

Metal Matrix Composites Market Share | Competitive Landscape and Industry Poised for Rapid Growth

Regional Analysis

Asia-Pacific, Latin America, North America, Europe, and the Middle East & Africa are the regions analyzed under the scope of the market.

North America was the leading market in 2018 and is expected to register the highest CAGR during the forecast period. Asia-Pacific held the second-largest market share in 2018, which is followed by Europe. The Latin American and the Middle East & African markets are expected to witness slow growth during the forecast period.

Market Summary

The Global Metal Matrix Composites (MMCs) Market was valued at USD 467.54 million in 2018 and is estimated to register a CAGR of around 6.4% during the forecast period, 2020–2027. The growth of the global metal matrix composites (MMCs) market is due to the demand for lightweight and durable parts in the automotive industry. The high-temperature resistance and high modulus of MMCs over other metals give it an upper hand in the aerospace & defense industry. Additionally, the superior properties such as high electrical conductivity and wear resistance are increasing the demand for MMCs in the electronics and construction industries.

Segmental Analysis

The global Metal Matrix Composites Market Share has been segmented based on product type, end-use industry, and region.

By product type, the global market has been classified into aluminum, nickel, refractory, copper, and others. Among these, the aluminum MMCs due to the high tensile strength, low density, and high wear resistance are high in demand in the aerospace and automotive industries. It is the largest segment in terms of demand. The refractory MMCs is projected to be the fastest-growing segment during the forecast period due to the increasing application in the construction and thermal industries.

Based on end-use industry, the global market has been segregated into aerospace & defense, automotive, building & construction, marine, electronics, healthcare, and others. The global MMCs market is dominated by the aerospace & defense segment, accounting for 33% of the global market share. Moreover, due to high investments in the aerospace sector and high demand for superior composite materials are factors projected to boost the growth of the segment during the forecast period. It is further followed by the automotive sector due to the increasing demand for automobiles across the globe.

Key Players 

The key players operating in the global metal matrix composites (MMCs) market include 3M (US), Ferrotec (USA) Corporation (US), Sumitomo Electrical Industry(Japan), Melrose Industries PLC (UK), Thermal Transfer composites LLC (US), Sandvik AB (Sweden), CPS Technologies Corporation (US), Schmolz + Bickenbach Group (Germany),  Tisics Ltd (UK), Plansee SE (Austria),  Ametek Inc. (US), Ceramtec (Germany), Materion Corporation (US), Alvant Ltd (UK), and Hitachi metal Ltd (Japan).

 

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