Global Amorphous Ribbons Market Research Report 2022

Amorphous strip is a new type of soft magnetic alloy material. It uses internationally advanced ultra-quick cooling technology to directly cool the molten metal at a rate of millions degrees per second to form an amorphous thin strip with a thickness of 25-35 µm to obtain the combination of amorphous alloy structure with short-range order and long-range disorder in atomic arrangement, which is completely different from traditional metals and alloy materials in microstructure. Therefore, in terms of physical properties, chemical properties, mechanical properties and many other aspects, it has unparalleled excellent characteristics comparing with traditional metal materials. In addition, the preparation process is completely different from the traditional metallurgical process. The amorphous ribbon is made from molten steel in one step, eliminating the need for multiple processes such as casting, forging, intermediate annealing, and rolling in the traditional metallurgical process. With saving a lot of energy and no emissions of pollutants, amorphous alloy is known as a new green material with environmental protection, energy saving and high efficiency.
Market Analysis and Insights: Global Amorphous Ribbons Market
Due to the COVID-19 pandemic, the global Amorphous Ribbons market size is estimated to be worth US$ 609 million in 2022 and is forecast to a readjusted size of US$ 913.9 million by 2028 with a CAGR of 7.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Iron-Based accounting for % of the Amorphous Ribbons global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Distribution Transformer segment is altered to an % CAGR throughout this forecast period.
Among the different types of amorphous ribbons, the iron-based type held the maximum market share with about 75% in 2019.
For the major players of amorphous ribbons, the Hitachi Metals maintained its first place in the ranking with about 42% of the market share in 2019, much more than other players.
Global Amorphous Ribbons Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Amorphous Ribbons Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Iron-Based
Cobalt-Based
Other Types
Segment by Application
Distribution Transformer
Electric Machinery
Electronic Components
Others
By Company
Hitachi Metals
Advanced Technology & Materials
Qingdao Yunlu Advanced Materials Technology
Zheijiang Zhaojing Electrical Technology
VACUUMSCHMELZE
Henan Zhongyue amorphous new materials
China Amorphous Technology
Anhui Wuhu Junhua Technology Material
Londerful New Material Technology
Foshan Huaxin microlite Pioneer Metals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina