Metal Matrix Composite Market Poised for Steady Growth at 9.02% CAGR, Driven by Demand for Lightweight and High-Performance Materials
The global Metal Matrix Composite (MMC) market is expected to reach nearly USD 1.07 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.02% from 2024, according to a new report by Maximize Market Research. This surge is attributed to the increasing demand for lightweight and high-performance materials across various industries, including automotive, aerospace & defense, and electronics.
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