Report overview
Magnesium composites are new metal matrix composites, which are widely used in aerospace and automotive industries due to their low density, good mechanical properties, better corrosion and wear resistance, and lower coefficient of thermal expansion compared to traditional metals and alloys.
This report aims to provide a comprehensive presentation of the global market for Magnesium Matrix Composites, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Matrix Composites. This report contains market size and forecasts of Magnesium Matrix Composites in global, including the following market information:
Global Magnesium Matrix Composites Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Magnesium Matrix Composites Market Sales, 2018-2023, 2024-2032, (Tons)
Global top five Magnesium Matrix Composites companies in 2022 (%)
The global Magnesium Matrix Composites market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Cast Type Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Magnesium Matrix Composites include Materion, 3M, CPS Technologies Corporation, Magnesium Elektron, Metal Cast Technologies, GKN, Deutsche Edelstahlwerke GmbH and Magontec, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Magnesium Matrix Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Matrix Composites Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Magnesium Matrix Composites Market Segment Percentages, by Type, 2022 (%)
Cast Type
Wrought Type
Global Magnesium Matrix Composites Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Magnesium Matrix Composites Market Segment Percentages, by Application, 2022 (%)
Aerospace
Automotive
Communication
Other
Global Magnesium Matrix Composites Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Magnesium Matrix Composites Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Matrix Composites revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Magnesium Matrix Composites revenues share in global market, 2022 (%)
Key companies Magnesium Matrix Composites sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Magnesium Matrix Composites sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Materion
3M
CPS Technologies Corporation
Magnesium Elektron
Metal Cast Technologies
GKN
Deutsche Edelstahlwerke GmbH
Magontec
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Matrix Composites, market overview.
Chapter 2: Global Magnesium Matrix Composites market size in revenue and volume.
Chapter 3: Detailed analysis of Magnesium Matrix Composites manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnesium Matrix Composites in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnesium Matrix Composites capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
