Global Metal Matrix Composites Industry Research 2024: Market to Reach $941.8 Million by 2030 - Rise in Aircraft Fleet Drive Long-Term Opportunities [Yahoo! Finance]
3M Company (MMM)
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Source: Yahoo! Finance
Global Metal Matrix Composites Market to Reach $941.8 Million by 2030 The global market for Metal Matrix Composites estimated at US$733.1 Million in the year 2023, is projected to reach a revised size of US$941.8 Million by 2030, growing at a CAGR of 3.6% over the analysis period 2023-2030. The improving economy is fostering general market optimism, with steady growth in global Purchasing Managers' Index (PMI) benefiting the industrial sector. Metal matrix composites (MMCs) are gaining traction as the future of metals, with a strong presence in various industries. In 2024, key competitors in the MMC market reflect a competitive landscape, with players categorized as strong/active/niche/trivial. Aluminum Matrix Composites, one of the segments analyzed in the report, is expected to record a 3.1% CAGR and reach US$365.8 Million by the end of the analysis period. Growth in the Refractory Metal Matrix Composites segment is estimated at 4.5% CAGR for the next 7-year period. The gro
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MMM
Earnings
- 4/30/24 - Beat
MMM
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 4
- 5/15/24 - Form 4
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