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Amorphous Metal Market: Overview

Amorphous metals are made from alloys, whose constituents primarily include iron, cobalt, and nickel and a metalloid or glass former such as silicon, boron, or carbon. Since their innovation in 1960, amorphous metals or metallic glasses have been produced from binary systems of micron size (ribbons and powders) to multi-component systems of up to several centimeters, even under conventional casting conditions. Amorphous metals possess higher tensile yield strengths and elastic strain limits in comparison to polycrystalline metal alloys; however, their ductilities and fatigue strengths are lower. Consequently, amorphous metal alloys have a variety of potentially useful properties. Furthermore, they tend to be stronger than crystalline alloys of similar chemical composition, as amorphous metals can sustain larger reversible deformations than crystalline alloys. The non-crystalline structure of amorphous metals lends them to strength, without limiting their use in diverse applications. A recent type of amorphous metal, known as Vitreloy, possesses double the tensile strength than that of high-grade titanium. Another commercial product available on the shelf is ‘Liquidmetal’, which is utilized to manufacture various items such as watches and cellphone covers.

Amorphous Metal Market: Drivers & Restraints

Amorphous metals display a high degree of electrical conductivity, unlike common regular glasses. Major commercial applications of amorphous metals are in the electronic industry primarily due to their special magnetic properties and high electrical conductivity. Heavy industries are also using various amorphous metals as protective coatings for industrial machinery. They are used as coatings on petroleum drill pipes and for boiler tubes in electrical plants. In several industries, amorphous metals replace titanium that is used in certain applications such as medical instruments, military vehicles, and the aerospace industry. Furthermore, amorphous metal rods are also used to replace depleted uranium rods in kinetic energy devices.

Amorphous Metal Market: Key Segments

In terms of material, the amorphous metal market can be segmented into boron, graphite, iron, selenium, silicon, and others. Amorphous metals prepared from these materials are majorly employed in the production of electrical distribution transformers, high frequency switching power supplies, anti-theft tags, brazing alloys, solder, and damage tolerant environments.

Amorphous Metal Market: Regional Outlook

Based on geography, the global amorphous metal market can be classified into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The amorphous metal market in Asia Pacific is anticipated to expand at a rapid pace due to the rapid industrialization in developing economies in the region. Demand for amorphous metal has been increasing owing to the rise in demand for protective coatings and consumer durable products such as watches and cellphone covers. The manufacturing of these products is primarily concentrated in China, Japan, and South Korea. Expansion in the electronics industry due to competent labor pricing and easy availability of raw materials in Asia Pacific is projected to boost the demand for amorphous metal market in the region. North America and Europe also held prominent share of the global amorphous metal market in 2017.

Amorphous Metal Market: Key Players

Key players operating in the global amorphous metal market include READE, Materion Inc., Allied Corporation, Federal Steel Supply, Inc., and Caltech. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

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Amorphous Metal Market

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