Metal Matrix Composites (MMC) is a new material that is artificially composited with metal as the matrix and inorganic non-metallic fibers, whiskers, particles or nanoparticles as reinforcements. According to the different matrix and reinforcement, metal matrix composites can be divided into many kinds. Usually, metal matrix composites can be divided into aluminum matrix composites, magnesium matrix composites,titanium matrix composites, copper matrix composites, nickel matrix composites and iron matrix composites according to different matrix materials. In recent years, aluminum matrix composites have made great breakthroughs in both theoretical research and technical applications, and have become the fastest growing metal matrix composites, and also one of the mainstream research at home and abroad. Through reasonable component design and optimized composite process, metal matrix composites can take advantage of the respective advantages of metal matrix and reinforcement, so as to obtain excellent properties of metal materials and reinforcements, such as higher specific strength and specific modulus, better high heat resistance and lower coefficient of thermal expansion. With its excellent comprehensive properties, metal matrix composites have played an irreplaceable role in many aerospace, transportation and electronic fields.
According to relevant data, the global metal matrix composites market was valued at US$465 million in 2016 and is expected to reach US$619.1 million by 2022, with a compound annual growth rate of 6.1%. The application of metal matrix composites is increasing in various industries such as aerospace, ground transportation, thermal management, and industrial sectors. Among them, the growing demand for lightweight, high-strength, and multi-functional alternative materials in aerospace and ground transportation is one of the main drivers for the expansion of the metal matrix composites market.
In terms of application areas, ground transportation terminals hold the largest market share in terms of value and volume. In terms of materials, aluminum matrix composites are the most widely used and have the largest market share due to better performance and relatively low production costs. In terms of regional distribution, North America is expected to be the largest and fastest growing region in the metal matrix composites market.
MIRACLE is a specialty metals solutions center offering a broad spectrum metals and alloys, including nickel alloys, titanium, stainless steel, copper, nonferrous metai,alloy steel, and aluminum in coil, sheet, strip, plate, bar. serves customers in a variety of industries including aerospace, defense, space, fastener, medical, power generation, oil and gas, semiconductor, and many others.With r&d and innovation as the core, the company continues to increase r&d investment, build diversified, customized, rapid development and mass production technical service capabilities, integrate into the global industrial chain, and lead the development of the industry.