Metal Matrix Composites Market Size and Share

Metal Matrix Composites Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Metal Matrix Composites Market Analysis by Mordor Intelligence

The Metal Matrix Composites Market size is estimated at USD 486.83 million in 2025, and is expected to reach USD 666.69 million by 2030, at a CAGR of 6.49% during the forecast period (2025-2030). Rising aerospace demand for structural weight reduction, the electric-vehicle pivot toward high-heat-flux battery packs, and convergence of additive manufacturing with powder metallurgy together accelerate material adoption. Established aluminum-based systems dominate because they satisfy stringent certification pathways, while refractory variants unlock opportunities in hypersonic vehicles and gas turbines. Automotive brake and power-train applications intensify usage of silicon-carbide-reinforced aluminum discs that cut unsprung mass and improve thermal stability. Simultaneously, 5G infrastructure spurs electronics manufacturers to specify composites that dissipate ≥100 W/cm² heat loads. Although premium pricing persists, laser-based additive manufacturing and friction-stir processing are lowering per-part costs and broadening design freedom, allowing the metal matrix composites market to penetrate volume programs.

Key Report Takeaways

  • By type, aluminum led with 46.12% of the metal matrix composites market share in 2024, while refractory is forecast to expand at 7.45% CAGR through 2030.
  • By fillers, silicon carbide held 36.56% share of the metal matrix composites market size in 2024; titanium carbide is projected to grow at 7.12% CAGR to 2030.
  • By end-user industry, automotive and locomotive accounted for 54.33% share of the metal matrix composites market size in 2024, whereas electrical and electronics will advance at 7.67% CAGR through 2030.
  • By geography, North America led with 32.67% revenue share in 2024 and Asia-Pacific is expected to record the highest CAGR at 7.34% between 2025 and 2030.

Segment Analysis

By Type: Aluminum Dominance Drives Aerospace Integration

Aluminum captured 46.12% of 2024 revenue, underscoring their synergy with existing aerospace and automotive qualification databases. The metal matrix composites market demonstrates sustained preference for aluminum because it combines lightweight attributes with thermal conductivity that exceeds steel by ≥200%, enabling brake and heat-sink integration without severe tooling changes. Refractory, though smaller, are growing at a 7.45% CAGR; hypersonic vehicle skins must endure more than 1,000 °C boundary-layer temperatures that position molybdenum- or tungsten-based systems as frontrunners.

Additive-manufacturing toolpaths now embed graded reinforcements inside aluminum structures, allowing increased near-surface hardness while retaining ductile cores. ASTM certification protocols for aluminum composites further smooth aerospace approval pathways. Conversely, refractory systems face limited standardization, but novel laser-cladding approaches promise cost decline, hinting at eventual volume penetration that will diversify the metal matrix composites industry.

Metal Matrix Composites Market: Market Share by Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Fillers: Silicon Carbide Leadership Faces Titanium Carbide Challenge

Silicon carbide reinforcement owns a 36.56% revenue position, sustaining the metal matrix composites market through well-documented performance in brake rotors and semiconductor packaging. Its thermal conductivity (~270 W/m-K) improves heat-spreading relative to alumina while avoiding weight penalties of copper alloys. Titanium carbide, although presently smaller, is rising at 7.12% CAGR on the back of hypersonic and turbine vane programs requiring 3,160 °C melting points. Self-propagating high-temperature synthesis (SHS) lowers TiC powder costs, driving OEM qualification.

Graphene-enhanced fillers offer unmatched strength-to-weight but remain niche due to price. Aluminum oxide retains share in wear-driven applications where cost overrides ultimate thermal performance. The shift toward nano-reinforcements unlocks tailored CTE control, though batch-to-batch consistency still challenges high-volume suppliers. Collectively, filler development keeps the metal matrix composites market primed for specialized performance envelopes beyond conventional metals.

Metal Matrix Composites Market: Market Share by Fillers
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By End-user Industry: Automotive Dominance Meets Electronics Acceleration

Automotive and locomotive industry generated 54.33% of 2024 demand, reflecting fleet electrification and lightweighting mandates that place composite brake systems and motor housings at center stage. Electric-vehicle platforms optimize range through unsprung mass reduction, achieved via SiC-Al rotors that are 60% lighter than cast-iron equivalents. The segment is expected to sustain volume dominance even as price curves descend.

Electronic and electrical industry will post the fastest 7.67% CAGR to 2030, driven by 5G small-cell roll-outs and power-semiconductor upgrades that require heat spreaders capable of slotting within tight thermal budgets. Metal-based composites outperform ceramics by combining high conductivity with machinability, granting foundries tighter tolerances and reduced scrap rates. Aerospace, defense, and industrial machinery sectors maintain steady pull where performance value eclipses cost concerns, creating a balanced end-market portfolio for the metal matrix composites market.

Metal Matrix Composites Market: Market Share by End-user Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

North America controlled 32.67% of 2024 revenue because of its defense spending priorities and aerospace OEM clustering around the U.S. West Coast and Midwest[2]ATI Inc., “Investor Presentation February 2025,” ati-inc.com . Domestic content rules in fighter and space programs secure local demand, while CHIPS Act incentives support composite heat-spreaders inside next-generation wafer fabs. Materion and Howmet run vertically integrated operations, mitigating reinforcement supply shocks and ensuring compliance with ITAR regulations.

Asia-Pacific leads growth with a 7.34% CAGR forecast to 2030 as China’s aluminum value chain and cost-competitive silicon-carbide production shorten lead times for automotive brake suppliers. Japan’s precision-machining sector scales composite housings for vehicle power modules, and South Korea integrates high-thermal-conductivity baseplates into its expanding battery plants. Regional free-trade agreements improve access to Australian bauxite and Vietnamese rare-earth projects, anchoring long-term feedstock security for the metal matrix composites market.

Europe situates between the two poles, leveraging strict emissions standards to drive composite part integration in premium cars and Airbus platforms. Germany’s Tier-1 suppliers pioneer friction-stir-processed panels that satisfy REACH guidelines. Eastern-European machine shops explore composite metal foams for railcar crash-boxes, hinting at broader adoption. South American and Middle Eastern markets remain nascent yet possess bauxite and titanium reserves that could seed localized composite ecosystems post-2030.

Metal Matrix Composites Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The metal matrix composites market exhibits moderate concentration: top five suppliers collectively generate close to 50% of global revenue, maintaining technological moats through proprietary powder chemistries and vertical integration. Materion dominates aluminum-scandium composites under the SupremEX brand, licensing material for both aircraft skins and EV cooling plates. CPS Technologies focuses on SiC-Al substrate panels for high-power modules, partnering with semiconductor fabs in North America and Taiwan.

3M advances ceramic nanoparticle dispersions that bolster wear resistance in brake rotors, aiding OEM platform integration. Emerging firms exploit additive-manufacturing lattices that cannot be realized via squeeze casting; Desktop Metal’s binder-jet route targets lightweight heatsinks for data centers. Several Chinese startups back-integrate into SiC powder production, lowering costs and courting automakers with aggressive pricing. Standards compliance presents an entry barrier; incumbents expedite ASTM-based qualification data packages for customers, whereas new entrants may require multi-year testing.

Supply security molds competitive strategy. Western players pursue long-term offtake agreements for U.S.-sourced bauxite, Canadian scandium, and Australian TiC feedstock, insulating defense contracts from geopolitics. Meanwhile, Asian competitors lean on domestic SiC capacity to undercut prices in commercial segments. Continuous R&D in composite metal foams and nano-laminated alloys signals incremental performance gains that will likely reshape share allocation during the next bid cycles.

Metal Matrix Composites Industry Leaders

  1. 3M

  2. Materion Corporation

  3. CPS Technologies

  4. Sandvik AB

  5. Plansee SE

  6. *Disclaimer: Major Players sorted in no particular order
Metal Matrix Composites Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • January 2025: Cymat Technologies Ltd. signed a Letter of Intent with Rio Tinto Alcan Inc. to acquire technology for manufacturing aluminum metal matrix composites and transfer RTA's customers. These composites are used in the automotive and rail industries for lightweight, wear-resistant components.
  • January 2024: Materion Corporation announced advancements in casting AlBeCast aluminum-beryllium products, a type of metal matrix composite. This followed the expansion of its Elmore facility through a partnership with the U.S. Department of Defense.

Table of Contents for Metal Matrix Composites Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand for Lightweight Materials in Aerospace and Defence
    • 4.2.2 Rapid EV-Led Need for Advanced Thermal-Management Materials
    • 4.2.3 Automotive Shift Toward Sic-Reinforced Al Brake and Power-Train Parts
    • 4.2.4 Superior Mechanical and Thermal Properties Vs. Conventional Metals
    • 4.2.5 Additive-Manufacturing Adoption for Complex MMC Heat Sinks
  • 4.3 Market Restraints
    • 4.3.1 Complex and Costly Fabrication Processes
    • 4.3.2 High Cost of Ceramic/Graphene Reinforcements
    • 4.3.3 Supply-Chain Scale and Standards Gaps
  • 4.4 Value Chain Analysis
  • 4.5 Technological Outlook
  • 4.6 Porter's Five Forces
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Aluminium
    • 5.1.2 Refractory
    • 5.1.3 Nickel
    • 5.1.4 Other Types
  • 5.2 By Fillers
    • 5.2.1 Silicon Carbide
    • 5.2.2 Aluminium Oxide
    • 5.2.3 Titanium Carbide
    • 5.2.4 Other Fillers
  • 5.3 By End-user Industry
    • 5.3.1 Automotive and Locomotive
    • 5.3.2 Aerospace and Defence
    • 5.3.3 Electrical and Electronics
    • 5.3.4 Industrial Machinery
    • 5.3.5 Other End-user Industries
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Russia
    • 5.4.3.6 NORDIC Countries
    • 5.4.3.7 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 3A Composites
    • 6.4.2 3M
    • 6.4.3 ADMA Products, Inc.
    • 6.4.4 CPS Technologies
    • 6.4.5 Cymat Technologies Ltd.
    • 6.4.6 Denka Company Limited
    • 6.4.7 DWA Aluminum Composites USA, Inc.
    • 6.4.8 GKN Powder Metallurgy
    • 6.4.9 Materion Corporation
    • 6.4.10 Mitsubishi Materials Corporation
    • 6.4.11 MTC Powder Solutions AB
    • 6.4.12 Plansee SE
    • 6.4.13 Sandvik AB
    • 6.4.14 Sumitomo Electric Industries, Ltd.
    • 6.4.15 TISICS Ltd.

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Metal Matrix Composites Market Report Scope

Metal matrix composites (MMCs) are composite materials containing at least two constituent parts, a metal part, and a material or a different metal part. The metal matrix is reinforced with other materials to improve strength and wear. Most metals and alloys are used to make good matrices. The metal matrix composites market is segmented by type, filler, end-user industry, and geography. By type, the market is segmented into nickel, aluminum, refractory, and other types. On the basis of fillers, the market is segmented into silicon carbide, aluminum oxide, titanium carbide, and other fillers. By end-user industry, the market is segmented into automotive and locomotive, electrical and electronics, aerospace and defense, industrial, and other end-user industries. The report also covers the sizes and forecasts for the metal matrix composites market in 16 major countries across various regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

By Type
Aluminium
Refractory
Nickel
Other Types
By Fillers
Silicon Carbide
Aluminium Oxide
Titanium Carbide
Other Fillers
By End-user Industry
Automotive and Locomotive
Aerospace and Defence
Electrical and Electronics
Industrial Machinery
Other End-user Industries
By Geography
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Type Aluminium
Refractory
Nickel
Other Types
By Fillers Silicon Carbide
Aluminium Oxide
Titanium Carbide
Other Fillers
By End-user Industry Automotive and Locomotive
Aerospace and Defence
Electrical and Electronics
Industrial Machinery
Other End-user Industries
By Geography Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the projected value of the metal matrix composites market in 2030?

It is forecast to reach USD 666.69 million by 2030.

Which matrix type currently leads in revenue contribution?

Aluminum hold 46.12% share in 2024.

Which end-use industry will grow the fastest through 2030?

Electrical and electronics industry is expected to post a 7.67% CAGR.

Why are metal matrix composites preferred for EV thermal-management parts?

They combine high thermal conductivity with low weight, enabling battery modules to handle ≥100 W/cm² heat fluxes.

Page last updated on: