The amorphous metals market size reached USD 985.4 Million in 2020 and is expected to register a revenue CAGR of 8.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for good thermal conductivity and increasing need for high resistance against corrosion is expected to support market revenue growth between 2021 and 2028. In addition, increasing need for amorphous metals for scratch resistance will boost revenue growth of the market. Corrosion and abrasion of metals used in building construction are major issues in all countries, and better substitutions are urgently required to address this issue. Corrosion of metals can be problematic because it could result in affecting building structure and strength.

Amorphous metals provide a good solution to this problem. Amorphous metals have plenty of useful properties and are harder than crystalline metals as it has high tensile yield strength and lesser ductility than crystalline alloys, allowing the metals to withstand physical damage and scratches more effectively. In addition, amorphous metal films are used in various sports equipment, medical gadgets, and electrical equipment to provide a protective layer as the metals are deposited using a high velocity oxygen fuel technique, resulting in better scratch resistance.

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Major companies in the market report include Hitachi Metal, Ltd., Materion Corporation, Qingdao Yunlu Advanced Materials Technology Co., Ltd., China Amorphous Technology Co., Ltd., Zhaojing Incorporated, Shijiazhuang Shenke Metal Products Co., Ltd., Federal Steel Supply, Inc., Advanced Metal Technology, Inc. (Amtech), Henan Zhongyue Amorphous New Materials Co., Ltd., and Junhua Technology Co., Ltd.

Market Overview:

The research report on the Amorphous Metals market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Amorphous Metals business sphere.

Competitive Terrain:

The Global Amorphous Metals Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

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Some Key Highlights From the Report

  • Iron based segment is expected to register a substantially rapid revenue CAGR during the forecast period due to rising need for temperature stability and wearing resistance of alloys.
  • Chemical process segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising demand for high tensile strength alloys. High tensile alloys are developed by different chemical processes such as physical vapor deposition, solid state reaction, ion radiation, and rapid cooling.
  • Asia Pacific market is expected to register a considerably large revenue share due to robust presence of major market players providing amorphous metals such as Hitachi Metal, Ltd., Qingdao Yunlu Advanced Materials Technology Co., Ltd., China Amorphous Technology Co., Ltd., and Zhaojing Incorporated among others in countries in the region.

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Emergen Research has segmented global amorphous metals market on the basis of type, process, application, end-use, and region:

  • Type Outlook (Revenue, USD Million,Volume, Tons; 2018–2028)
    • Iron Based
    • Cobalt Based
    • Others
  • Process Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
    • Chemical Process
    • Physical Process
    • Others
  • Application Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
    • Distribution Transformer
    • Electronic Machinery
    • Electronic Components
    • Others
  • End-Use Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
    • Residential
    • Industrial
    • Electrical
    • Others
  • Regional Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
    • North America
      1. S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Key Benefits of Buying the Global Amorphous Metals Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global Amorphous Metals Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Amorphous Metals Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Amorphous Metals Market

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