Global metal matrix composites market is expected to reach USD 433.3 million by 2022, according to a new study by Grand View Research, Inc. Burgeoning demand for high performance metal components with enhanced durability, shear strength and light weight for manufacturing automobile parts is expected to drive the global MMC market. Favorable regulations to reduce overall vehicle weight in order to improve fuel efficiency particularly in the U.S. and Europe is also expected to have a positive influence on the market growth. Low product yield coupled with complex manufacturing process is expected to remain a key challenge for market participants.
http://www.grandviewresearch.com/industry-analysis/metal-matrix-composites-mmc-market
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