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.
The Global Amorphous Metals Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Amorphous Metals industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Amorphous Metals market along with crucial statistical data about the Amorphous Metals market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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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.
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.
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.
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Some Key Highlights From the Report
- 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.
- 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.
- 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
- Process Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
- Chemical Process
- Physical Process
- Application Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
- Distribution Transformer
- Electronic Machinery
- Electronic Components
- End-Use Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
- Regional Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- North America
Highlights of Table of Contents (TOC):
- Overview of Global Amorphous Metals Market
- Competitive analysis of the Amorphous Metals market
- Regional analysis of Global Amorphous Metals market production and revenue
- Regional analysis of Global Amorphous Metals market supply, consumption, and export & import
- Type-based market analysis of global Amorphous Metals production, revenue, and price trends
- Application-based analysis of the global Amorphous Metals market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Amorphous Metals market
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