Metallic Glass Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently conducted a comprehensive survey of the global metallic glass market for the forecast period of 2023 to 2033. The survey reveals strong growth prospects for the market, with an anticipated Compound Annual Growth Rate (CAGR) of 6.5% throughout the assessment period. By 2023, the global metallic glass market is expected to reach a valuation of US$ 896.3 Million. This growth is driven by the commercialization of new product portfolios and the expansion of products tailored to meet customer demand.

Key Insights:

Global Market Valuation (2024): US$ 954.4 Million
Market Size 2033: US$ 1679.0 Million
Projected CAGR (2023-2033): 6.5%

Global Metallic Glass Market - Report Scope:

Metallic glass, also known as amorphous metal, is a high-performance engineered material that combines selective properties of both metals and glasses. Unlike traditional metals and alloys, which typically have a crystalline atomic structure, metallic glasses possess an amorphous atomic structure similar to that of glass. This unique structure imparts metallic glasses with exceptional properties such as high corrosion resistance, excellent electrical conductivity, and high fracture toughness. However, they are also characterized by brittleness, opacity, and limited ductility.

Market Growth Drivers:

Commercialization of New Product Portfolios

The commercialization of new metallic glass products is a key driver of market growth. Companies are focusing on developing advanced metallic glass materials with enhanced properties tailored to specific applications. This innovation is expected to open new market opportunities, particularly in industries that require high-performance materials with unique properties, such as electronics, aerospace, and medical devices.

Expansion of Products Based on Customer Demand

As customer demands evolve, companies are expanding their product offerings to meet specific requirements. This expansion includes the development of metallic glass materials with improved corrosion resistance, higher strength, and better electrical properties. The ability to customize products based on customer needs is expected to drive market growth, as industries increasingly seek materials that offer both performance and reliability.

Unique Properties of Metallic Glass

Metallic glasses exhibit a combination of properties that make them highly desirable for various applications. Their high corrosion resistance makes them suitable for harsh environments, while their excellent electrical properties make them ideal for use in electronic components. Additionally, their high fracture toughness ensures durability in demanding applications, despite their inherent brittleness.

Challenges:

Brittleness and Limited Ductility

One of the primary challenges facing the metallic glass market is the material's brittleness and limited ductility. While metallic glasses offer high strength and toughness, their lack of ductility can limit their use in certain applications where flexibility and elongation are required. Overcoming this challenge through material innovation and engineering will be critical for the widespread adoption of metallic glass in various industries.

High Production Costs

The production of metallic glass can be more expensive than traditional metals and alloys due to the specialized processes required to achieve and maintain the amorphous structure. These high production costs can be a barrier to market growth, particularly in price-sensitive industries. However, advancements in manufacturing techniques and economies of scale may help to reduce costs over time.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the global metallic glass market?
Which industries are leading the adoption of metallic glass materials?
How are advancements in material science influencing the competitive landscape?
Who are the key players in the global metallic glass market, and what strategies are they employing to maintain their market position?
What are the emerging trends and future prospects in the global metallic glass market?

Competitive Intelligence and Business Strategy:

Leading players in the global metallic glass market, including companies like Liquidmetal Technologies, Hitachi Metals, and Materion Corporation, are focusing on product innovation, strategic collaborations, and expanding their presence in emerging markets. These companies are investing in research and development to create next-generation metallic glass materials with enhanced properties that cater to specific industry needs. Strategic partnerships with key industry players and customers are also playing a significant role in driving market growth and ensuring long-term success.

Key Companies Profiled:

PX Group
Usha Amorphous Metals Limited
Exmet AB
Metglas Inc.
Shanghai Antai Zighao Amorphous Metal
Qingdao Yunlu Energy Technology Co., Ltd.
Materion
Adamant Namiki Precision Jewel Co., Ltd.
Heraeus Group
Eutectix

Key Segments Covered in Metallic Glass Industry Research

By Product Type:

Metal-Metal
Metal-Metalloid

By Application:

Electrical & Electronic Products
Magnetic Products
Sensors & Measuring Instruments
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

Product Code: PMRREP31789

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Tons) Analysis, 2019-2023
5.2. Current and Future Market Volume (Tons) Projections, 2024-2033
5.3. Y-o-Y Growth Trend Analysis

6. Global Metallic Glass Market - Pricing Analysis

6.1. Regional Pricing Analysis By Material Type
6.2. Pricing Break-up
- 6.2.1. Manufacturer Level Pricing
- 6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark

7. Global Market Demand (US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Global Economic Overview
- 8.1.2. Global Electrical and Electronics Industry Overview
- 8.1.3. Other Key Macro-Economic Factors
8.2. Forecast Factors - Relevance and Impact
- 8.2.1. Top Companies Growth Outlook
- 8.2.2. Application Sectors Demand Outlook
- 8.2.3. Global Urbanization Outlook
- 8.2.4. Impact of Regulations
- 8.2.5. Other Key Forecast Factors
8.3. Value Chain
8.4. Impact of COVID to 19 Crisis
- 8.4.1. Current Statistics
- 8.4.2. Expected Recovery and Comparison with Sub-Prime Crisis
- 8.4.3. World Economy / Cluster Projections
- 8.4.4. Impact by Taxonomy
- 8.4.5. Impact on Market Size
- 8.4.6. Recovery Scenarios
8.5. Market Dynamics
- 8.5.1. Drivers
- 8.5.2. Restraints
- 8.5.3. Opportunity Analysis

9. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Material Type

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By Material Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Material Type, 2024-2033
- 9.3.1. Metal-Metal
- 9.3.2. Metal-Metalloid
9.4. Market Attractiveness Analysis By Material Type

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Application

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By Application, 2019-2023
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2024-2033
- 10.3.1. Electrical and Electronic Products
- 10.3.2. Magnetic Products
- 10.3.3. Sensors and Measuring Instruments
- 10.3.4. Others
10.4. Market Attractiveness Analysis By Application

11. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region

11.1. Introduction
11.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
11.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. East Asia
- 11.3.5. South Asia and Pacific
- 11.3.6. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region

12. North America Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
12.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 12.4.1. By Country
  - 12.4.1.1. U.S.
  - 12.4.1.2. Canada
- 12.4.2. By Material Type
- 12.4.3. By Application
12.5. Market Attractiveness Analysis
- 12.5.1. By Country
- 12.5.2. By Material Type
- 12.5.3. By Application
12.6. Key Market Participants - Intensity Mapping
12.7. Drivers and Restraints - Impact Analysis

13. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
13.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 13.4.1. By Country
  - 13.4.1.1. Brazil
  - 13.4.1.2. Mexico
  - 13.4.1.3. Rest of Latin America
- 13.4.2. By Material Type
- 13.4.3. By Application
13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. By Material Type
- 13.5.3. By Application
13.6. Key Market Participants - Intensity Mapping
13.7. Drivers and Restraints - Impact Analysis

14. Europe Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
  - 14.4.1.1. Germany
  - 14.4.1.2. Italy
  - 14.4.1.3. France
  - 14.4.1.4. U.K.
  - 14.4.1.5. Spain
  - 14.4.1.6. BENELUX
  - 14.4.1.7. Russia
  - 14.4.1.8. Rest of Europe
- 14.4.2. By Material Type
- 14.4.3. By Application
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Material Type
- 14.5.3. By Application
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis

15. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 15.4.1. By Country
  - 15.4.1.1. India
  - 15.4.1.2. Thailand
  - 15.4.1.3. Indonesia
  - 15.4.1.4. Malaysia
  - 15.4.1.5. Oceania
  - 15.4.1.6. Rest of South Asia
- 15.4.2. By Material Type
- 15.4.3. By Application
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Material Type
15.6. Key Market Participants - Intensity Mapping
15.7. Drivers and Restraints - Impact Analysis

16. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
  - 16.4.1.1. China
  - 16.4.1.2. Japan
  - 16.4.1.3. South Korea
- 16.4.2. By Material Type
- 16.4.3. By Application
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Material Type
- 16.5.3. By Application
16.6. Key Market Participants - Intensity Mapping
16.7. Drivers and Restraints - Impact Analysis

17. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
  - 17.4.1.1. Gulf Co-operation Council Countries
  - 17.4.1.2. Turkey
  - 17.4.1.3. Northern Africa
  - 17.4.1.4. South Africa
  - 17.4.1.5. Rest of Middle East and Africa
- 17.4.2. By Material Type
- 17.4.3. By Application
17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Material Type
- 17.5.3. By Application
17.6. Key Market Participants - Intensity Mapping
17.7. Drivers and Restraints - Impact Analysis

18. Country Wise Market Analysis

18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
18.2. U.S. Market Analysis
- 18.2.1. By Material Type
- 18.2.2. By Application
18.3. Canada Market Analysis
- 18.3.1. By Material Type
- 18.3.2. By Application
18.4. Mexico Market Analysis
- 18.4.1. By Material Type
- 18.4.2. By Application
18.5. Brazil Market Analysis
- 18.5.1. By Material Type
- 18.5.2. By Application
18.6. Germany Market Analysis
- 18.6.1. By Material Type
- 18.6.2. By Application
18.7. Italy Market Analysis
- 18.7.1. By Material Type
- 18.7.2. By Application
18.8. Spain Market Analysis
- 18.8.1. By Material Type
- 18.8.2. By Application
18.9. BENELUX Market Analysis
- 18.9.1. By Material Type
- 18.9.2. By Application
18.10. U.K. Market Analysis
- 18.10.1. By Material Type
- 18.10.2. By Application
18.11. Russia Market Analysis
- 18.11.1. By Material Type
- 18.11.2. By Application
18.12. France Market Analysis
- 18.12.1. By Material Type
- 18.12.2. By Application
18.13. China Market Analysis
- 18.13.1. By Material Type
- 18.13.2. By Application
18.14. Japan Market Analysis
- 18.14.1. By Material Type
- 18.14.2. By Application
18.15. S. Korea Market Analysis
- 18.15.1. By Material Type
- 18.15.2. By Application
18.16. India Market Analysis
- 18.16.1. By Material Type
- 18.16.2. By Application
18.17. Association of Southeast Asian Nations Market Analysis
- 18.17.1. By Material Type
- 18.17.2. By Application
18.18. Australia and New Zealand Market Analysis
- 18.18.1. By Material Type
- 18.18.2. By Application
18.19. Gulf Co-operation Council Countries Market Analysis
- 18.19.1. By Material Type
- 18.19.2. By Application
18.20. Northern Africa Market Analysis
- 18.20.1. By Material Type
- 18.20.2. By Application
18.21. Turkey Market Analysis
- 18.21.1. By Material Type
- 18.21.2. By Application
18.22. South Africa Market Analysis
- 18.22.1. By Material Type
- 18.22.2. By Application

19. Market Structure Analysis

19.1. Market Analysis by Tier of Companies (Metallic Glass)
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. Market Presence Analysis
- 19.4.1. By Regional footprint of Players
- 19.4.2. Product foot print by Players

20. Competition Analysis

20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
- 20.3.1. PX Group
  - 20.3.1.1. Overview
  - 20.3.1.2. Product Portfolio
  - 20.3.1.3. Key Financials
  - 20.3.1.4. Sales Footprint
  - 20.3.1.5. Strategy Overview
    - 20.3.1.5.1. Marketing Strategy
    - 20.3.1.5.2. Product Strategy
- 20.3.2. Usha Amorphous Metals Limited
  - 20.3.2.1. Overview
  - 20.3.2.2. Product Portfolio
  - 20.3.2.3. Key Financials
  - 20.3.2.4. Sales Footprint
  - 20.3.2.5. Strategy Overview
    - 20.3.2.5.1. Marketing Strategy
    - 20.3.2.5.2. Product Strategy
- 20.3.3. Exmet AB
  - 20.3.3.1. Overview
  - 20.3.3.2. Product Portfolio
  - 20.3.3.3. Key Financials
  - 20.3.3.4. Sales Footprint
  - 20.3.3.5. Strategy Overview
    - 20.3.3.5.1. Marketing Strategy
    - 20.3.3.5.2. Product Strategy
- 20.3.4. Metglas Inc.
  - 20.3.4.1. Overview
  - 20.3.4.2. Product Portfolio
  - 20.3.4.3. Key Financials
  - 20.3.4.4. Sales Footprint
  - 20.3.4.5. Strategy Overview
    - 20.3.4.5.1. Marketing Strategy
    - 20.3.4.5.2. Product Strategy
- 20.3.5. Shanghai Antai Zighao Amorphous Metal
  - 20.3.5.1. Overview
  - 20.3.5.2. Product Portfolio
  - 20.3.5.3. Key Financials
  - 20.3.5.4. Sales Footprint
  - 20.3.5.5. Strategy Overview
    - 20.3.5.5.1. Marketing Strategy
    - 20.3.5.5.2. Product Strategy
- 20.3.6. Qingdao Yunlu Energy Technology Co., Ltd.
  - 20.3.6.1. Overview
  - 20.3.6.2. Product Portfolio
  - 20.3.6.3. Key Financials
  - 20.3.6.4. Sales Footprint
  - 20.3.6.5. Strategy Overview
    - 20.3.6.5.1. Marketing Strategy
    - 20.3.6.5.2. Product Strategy
- 20.3.7. Materion
  - 20.3.7.1. Overview
  - 20.3.7.2. Product Portfolio
  - 20.3.7.3. Key Financials
  - 20.3.7.4. Sales Footprint
  - 20.3.7.5. Strategy Overview
    - 20.3.7.5.1. Marketing Strategy
    - 20.3.7.5.2. Product Strategy
- 20.3.8. Adamant Namiki Precision Jewel Co., Ltd.
  - 20.3.8.1. Overview
  - 20.3.8.2. Product Portfolio
  - 20.3.8.3. Key Financials
  - 20.3.8.4. Sales Footprint
  - 20.3.8.5. Strategy Overview
    - 20.3.8.5.1. Marketing Strategy
    - 20.3.8.5.2. Product Strategy
- 20.3.9. Heraeus Group
  - 20.3.9.1. Overview
  - 20.3.9.2. Product Portfolio
  - 20.3.9.3. Key Financials
  - 20.3.9.4. Sales Footprint
  - 20.3.9.5. Strategy Overview
    - 20.3.9.5.1. Marketing Strategy
    - 20.3.9.5.2. Product Strategy
- 20.3.10. Eutectix
  - 20.3.10.1. Overview
  - 20.3.10.2. Product Portfolio
  - 20.3.10.3. Key Financials
  - 20.3.10.4. Sales Footprint
  - 20.3.10.5. Strategy Overview
    - 20.3.10.5.1. Marketing Strategy
    - 20.3.10.5.2. Product Strategy