Amorphous Metals Market By size, share, industry trends, and forecast through 2028


Market Size – USD 985.4 Million in 2020, Market Growth – at a CAGR of 8.8%, Market Trends – Increasing need for amorphous metals for scratch resistance

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Global Amorphous Metals Market Forecast to 2028

The Global Amorphous Metals Market research report is a complete study that summarises the most recent changes and advancements in the Amorphous Metals industry, with 2018 acting as the base year and the forecast year being 2021–2028. The analysis provides useful details on the market's size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both the global and regional market growth. The paper examines the COVID-19 pandemic's implications on the market for Amorphous Metals and its key segments.

Together with qualitative and quantitative assessments, the report's authors have provided forecasts for the Amorphous Metals market. Two of the most important parts of this study are the SWOT analysis and Porter's Five Forces Analysis, which reveal how intensely competitive the industry is. The comprehensive study of the worldwide Amorphous Metals market in the report takes into account markets in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. This study looks at additional significant characteristics of regional markets in addition to revenue growth drivers, constraints, production consumption patterns, altering consumer tastes, and tight regulatory standards.

The global 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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Competitive Terrain:

The global Amorphous Metals industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

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

Research Report on the Amorphous Metals Market Addresses the Following Key Questions:

  • Who are the dominant players of the Amorphous Metals market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Amorphous Metals market?
  • What are the key growth drivers and restraining factors of the Amorphous Metals market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Amorphous Metals market and its key segments?

Market Overview:

The report bifurcates the Amorphous Metals market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • 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

Regional Landscape section of the Amorphous Metals report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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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.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Amorphous Metals market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

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