Metal Matrix Composites Market Size, Share and Report 2024-32

Imracrahul11 Dec, 2024Business

The global metal matrix composite market size reached US$ 522.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 890.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.92% during 2024-2032. The need for lightweight metal matrix composites (MMCs) in parts like engines and brake discs is making this product important in the automobile industry.

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