Product Code: ETC4499664 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The metal matrix composite (MMC) market in South Korea is growing, supported by their superior properties such as high strength, stiffness, and thermal conductivity. MMCs are finding applications in aerospace, automotive, and electronics industries. Advances in manufacturing processes and the development of new composite materials are enhancing the market`s prospects.
The growth of the metal matrix composite (MMC) market in South Korea is driven by the need for materials that offer superior mechanical properties, such as high strength-to-weight ratio, wear resistance, and thermal conductivity. The automotive, aerospace, and defense sectors are key consumers of MMCs. Technological advancements in composite manufacturing and the development of new matrix and reinforcement materials are enhancing the performance and application range of MMCs. Government support for advanced materials research and development is also contributing to market growth.
The South Korea Metal Matrix Composite market faces obstacles due to the high manufacturing costs and limited awareness of the benefits of metal matrix composites. The production process is complex and requires advanced technology, leading to higher costs. Additionally, potential end-users may lack knowledge about the superior properties of metal matrix composites, such as their high strength-to-weight ratio, which hinders market adoption.
The South Korean government has enacted policies to advance the metal matrix composite market by fostering collaboration between industry and research institutions. Financial incentives and grants are available for projects focused on developing new composite materials and applications. Additionally, the government supports the commercialization of innovative composites through funding and export promotion initiatives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Metal Matrix Composite Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Metal Matrix Composite Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Metal Matrix Composite Market - Industry Life Cycle |
3.4 South Korea Metal Matrix Composite Market - Porter's Five Forces |
3.5 South Korea Metal Matrix Composite Market Revenues & Volume Share, By Matrix Type, 2021 & 2031F |
3.6 South Korea Metal Matrix Composite Market Revenues & Volume Share, By Reinforcement Type, 2021 & 2031F |
3.7 South Korea Metal Matrix Composite Market Revenues & Volume Share, By Production Technology, 2021 & 2031F |
3.8 South Korea Metal Matrix Composite Market Revenues & Volume Share, By Reinforcement Material, 2021 & 2031F |
3.9 South Korea Metal Matrix Composite Market Revenues & Volume Share, By End-Use Industry , 2021 & 2031F |
4 South Korea Metal Matrix Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Metal Matrix Composite Market Trends |
6 South Korea Metal Matrix Composite Market, By Types |
6.1 South Korea Metal Matrix Composite Market, By Matrix Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Metal Matrix Composite Market Revenues & Volume, By Matrix Type, 2021-2031F |
6.1.3 South Korea Metal Matrix Composite Market Revenues & Volume, By Aluminum MMC, 2021-2031F |
6.1.4 South Korea Metal Matrix Composite Market Revenues & Volume, By Copper MMC, 2021-2031F |
6.1.5 South Korea Metal Matrix Composite Market Revenues & Volume, By Magnesium MMC, 2021-2031F |
6.1.6 South Korea Metal Matrix Composite Market Revenues & Volume, By Super Alloys MMC, 2021-2031F |
6.1.7 South Korea Metal Matrix Composite Market Revenues & Volume, By Others , 2021-2031F |
6.2 South Korea Metal Matrix Composite Market, By Reinforcement Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Metal Matrix Composite Market Revenues & Volume, By Continuous, 2021-2031F |
6.2.3 South Korea Metal Matrix Composite Market Revenues & Volume, By Discontinuous, 2021-2031F |
6.2.4 South Korea Metal Matrix Composite Market Revenues & Volume, By Particles , 2021-2031F |
6.3 South Korea Metal Matrix Composite Market, By Production Technology |
6.3.1 Overview and Analysis |
6.3.2 South Korea Metal Matrix Composite Market Revenues & Volume, By Liquid Metal Infiltration, 2021-2031F |
6.3.3 South Korea Metal Matrix Composite Market Revenues & Volume, By Powder Metallurgy, 2021-2031F |
6.3.4 South Korea Metal Matrix Composite Market Revenues & Volume, By Casting, 2021-2031F |
6.3.5 South Korea Metal Matrix Composite Market Revenues & Volume, By Deposition techniques , 2021-2031F |
6.4 South Korea Metal Matrix Composite Market, By Reinforcement Material |
6.4.1 Overview and Analysis |
6.4.2 South Korea Metal Matrix Composite Market Revenues & Volume, By Alumina, 2021-2031F |
6.4.3 South Korea Metal Matrix Composite Market Revenues & Volume, By Silicon Carbide, 2021-2031F |
6.4.4 South Korea Metal Matrix Composite Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.4.5 South Korea Metal Matrix Composite Market Revenues & Volume, By Others, 2021-2031F |
6.5 South Korea Metal Matrix Composite Market, By End-Use Industry |
6.5.1 Overview and Analysis |
6.5.2 South Korea Metal Matrix Composite Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.5.3 South Korea Metal Matrix Composite Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.5.4 South Korea Metal Matrix Composite Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.5.5 South Korea Metal Matrix Composite Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 South Korea Metal Matrix Composite Market Revenues & Volume, By Others , 2021-2031F |
7 South Korea Metal Matrix Composite Market Import-Export Trade Statistics |
7.1 South Korea Metal Matrix Composite Market Export to Major Countries |
7.2 South Korea Metal Matrix Composite Market Imports from Major Countries |
8 South Korea Metal Matrix Composite Market Key Performance Indicators |
9 South Korea Metal Matrix Composite Market - Opportunity Assessment |
9.1 South Korea Metal Matrix Composite Market Opportunity Assessment, By Matrix Type, 2021 & 2031F |
9.2 South Korea Metal Matrix Composite Market Opportunity Assessment, By Reinforcement Type, 2021 & 2031F |
9.3 South Korea Metal Matrix Composite Market Opportunity Assessment, By Production Technology, 2021 & 2031F |
9.4 South Korea Metal Matrix Composite Market Opportunity Assessment, By Reinforcement Material, 2021 & 2031F |
9.5 South Korea Metal Matrix Composite Market Opportunity Assessment, By End-Use Industry , 2021 & 2031F |
10 South Korea Metal Matrix Composite Market - Competitive Landscape |
10.1 South Korea Metal Matrix Composite Market Revenue Share, By Companies, 2024 |
10.2 South Korea Metal Matrix Composite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |