According to Stratistics MRC, the Global Metal Matrix Composite Market is accounted for $441.58 million
BriefingWire.com, 5/06/2021 - According to Stratistics MRC, the Global Metal Matrix Composite Market is accounted for $441.58 million in 2017 and is expected to reach $894.32 million by 2026 growing at a CAGR of 8.2% during the forecast period. Some of the key factors influencing the market growth include increasing demand for lightweight & strong MMC from the ground transportation end-use industry, growing demand for weight reduction from automotive industry and higher specific strength and modulus over metals. However, complicated manufacturing process is restraining the market growth.
Metal matrix composites (MMC) are composite materials consisting of a metal and a secondary ingredient which may be a different metal or non-metallic material such as ceramic or organic compound. The key characteristics associated with metal matrix composites is
Metal Matrix Composite Market is Set to Experience Revolutionary Growth by 2026 report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
BriefingWire.com, 5/03/2021 - According to Stratistics MRC, the Global Metal Matrix Composite Market is accounted for $441.58 million in 2017 and is expected to reach $894.32 million by 2026 growing at a CAGR of 8.2% during the forecast period. Some of the key factors influencing the market growth include increasing demand for lightweight & strong MMC from the ground transportation end-use industry, growing demand for weight reduction from automotive industry and higher specific strength and modulus over metals. However, complicated manufacturing process is restraining the market growth.
Boeing reports loss as pandemic, Air Force One problems weigh on it
Updated April 28, 2021, 1 hour ago
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Boeing reports loss as pandemic, Air Force One problems weigh on it
Boeing reported a wider than expected first-quarter loss on Wednesday and took another charge on its program to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work. The company did not provide a timetable for fixing the latest problem with its 737 Max jet, an electrical issue that has forced airlines to park more than 100 of the planes. The combination of self-inflicted damage and a coronavirus pandemic that has depressed demand for new planes pushed Boeing to its sixth straight quarterly loss. However, CEO David Calhoun said the company is at an âinflection point,â with an increase in vaccinations against COVID-19 raising hopes for a rapid recovery in air travel that could translate to aircraft orders. Boeing lost $561 million
A consortium led by global private equity firm Bain Capital will buy all the shares of Hitachi Metals Ltd for 817 billion yen ($7.5 billion), Hitachi Ltd's metals subsidiary said on Wednesday.
Hitachi to sell metals unit to Bain for 382 billion yen reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.