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Research Reports

Metallic Glass Market is estimated to expand at a CAGR of 6.5% during the forecast period of 2020-2030

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Amorphous Transformers (AMTDs) hold a prominent share in terms of consumption of metallic glass. Increasing cognizance of the benefits of AMTDs such as decreased energy loss is anticipated to bolster the metallic glass market over the coming years. Moreover, increasing consumer spending on electrical & electronic goods in developing countries is further expected to push the demand for metallic glass over the forecast period.

The global metallic glass market is estimated to expand at a CAGR of 6.5% during the forecast period of 20202030.

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Key Takeaways from Metallic Glass Market Study

“Major licensors of metallic glass are located in the U.S. and China. Manufacturers are entering the market through collaborations with licensors. As the product is in its development phase, manufacturers are focusing on research & development activities to develop new products and increase the application of metallic glass,” says a PMR analyst.

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Market Landscape Continues to Remain Moderately Fragmented

The global metallic glass market is fairly consolidated at global and regional levels. Tier-1 manufacturers account for more than one-fourth of the market share. Some of the leading players included in the report are Hitachi (Metglas), Shanghai Antai Zighao Amorphous Metals, Materion Corporation, Usha Amorphous Metal, Adamant Namiki Precision Jewel Co., Ltd., Qingdao Yunlu Energy Technology Co., Ltd., Heraeus Group, Epson Atmix Corp, RS Alloys, Eutectix, and others. Manufacturers are focusing on acquisition and expansion activities considering the high growth potential of the metallic glass market.

Metallic Glass Market: Conclusion

Demand for metallic glass is projected to grow with regards to increasing demand for AMTDs and other electrical & electronic products. The market is occupied by less number of manufacturers. Regions such as North America, Europe, and East Asia hold major shares of the global market. Further, increasing demand from military, aerospace, and sport & leisure industries is expected to push the demand for metallic glass in the future.

Want to Know More?

Persistence Market Research has published a market research report on the metallic glass market that contains global industry analysis of 20152019 and opportunity assessment for 20202030. The report provides in-depth analysis of the metallic glass market through different segments, namely, material, application, and region. The metallic glass market report also provides supply and demand trends, along with an overview of the parent market.

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