The Amorphous Metals Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Amorphous Metals market. The report offers in-depth research and assessment of the key elements of the global Amorphous Metals market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Amorphous Metals market.
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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Market Dynamics:
The report offers insightful information about the market dynamics of the Amorphous Metals market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Amorphous Metals market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Amorphous Metals market.
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Radical Highlights of the Amorphous Metals Market 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.
- In November 2021, Federal Steel Supply, Inc. acquired Process Piping Materials Company (PPM), a leading value-added distributor of industrial pipe, fittings, valves and flanges. The acquisition will add PPM products to FSS broad range of end products and geographies, which will result in expanding Federal Steel Supply, Inc. footprints, product offerings, and customer base.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
The Key Player Profiled in the Report:
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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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 Segmentation;
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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