Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Amorphous Metal Ribbons Market by Type (Iron-Based, Cobalt-Based, Other Types), By Application (Distribution Transformer, Electric Machinery, Electronic Components, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Amorphous Metal Ribbons Market by Type (Iron-Based, Cobalt-Based, Other Types), By Application (Distribution Transformer, Electric Machinery, Electronic Components, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145095 3300 Chemical & Material 377 240 Pages 4.8 (46)

Market Overview:

The global amorphous metal ribbons market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and renewable energy sources, which in turn is fueling the demand for amorphous metal ribbons. Additionally, the growing use of amorphous metal ribbons in various applications such as distribution transformer, electric machinery, electronic components and others is also contributing to the growth of this market. However, volatility in prices of raw materials used for manufacturing amorphous metal ribbons may restrain the growth of this market during the forecast period. On basis on type, iron-based segment accounted for majority share in global amorphous metal ribbon market followed by cobalt-based segment In terms of application distribution transformer held largest share followed by electric machinery.

Global Amorphous Metal Ribbons Industry Outlook

Product Definition:

Amorphous metal ribbons are a type of ribbon-shaped amorphous metal that is made from alloys of various metals. They have a number of important applications, including in the manufacture of motors and generators, as well as in the production of high-efficiency electrical transformers.


Iron-based amorphous metal ribbons (IMRs) are a class of materials with low Curie temperature and high thermal conductivity. IMRs can be made from pure iron or iron alloys, but the most commercially used IMR is composed of 10% carbon steel and 90% iron.


Cobalt is a chemical element produced by the osmotic pressure of water against the hydrostatic pressure of hydrogen-based compounds. Cobalt-based amorphous metal ribbons are made from thin films of cobalt metal that is deposited on a substrate material such as glass, plastic or carbon. The material has high electrical resistance and can be used in applications where high electrical resistivity is required.

Application Insights:

The distribution transformer application segment led the global amorphous metal ribbons market in 2017 and is projected to witness significant growth over the forecast period. Distribution transformers are used for step-down or step-up power conversion of high voltage to lower voltage. The product is widely used in distribution transformers due to its low loss properties and excellent electrical insulation, which leads to improved performance of the transformer.

Amorphous metals offer several advantages over their crystalline counterparts including better thermal conductivity, higher strength, lighter weight and greater flexibility. These characteristics make them highly suitable for use in electric machinery & equipment such as motors, generators etc., where small size and light weight are important factors driving product demand. In addition, they exhibit superior corrosion resistance which further cements their position as a preferred material for electric machinery applications across various end-use industries globally (e.-power generation).

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Panasonic, Siemens, Samsung Electro-Mechanics Co., Ltd., and others has contributed to this growth. In addition, rising demand for electronic products such as mobile phones and laptops is anticipated to drive the market further.

The growing manufacturing sector in China owing to low labor costs coupled with favorable government policies aimed at promoting domestic production activities are some of the major factors driving regional growth. Furthermore, increasing investments by foreign players in China's electric machinery industry are likely to boost product demand over the coming years.

Europe was estimated at USD X million in 2017 owing to high transformer consumption along with growing consumer electronics spending especially in Germany.

Growth Factors:

  • Increasing demand from the automotive and electronics industries for lightweight, high-strength materials is expected to drive the growth of the amorphous metal ribbons market.
  • Growing popularity of amorphous metal ribbons in various end-use applications is another key factor that is anticipated to fuel the market growth in the near future.
  • Rising investments by key players for research and development activities aimed at enhancing product offerings is likely to boost the market growth over the forecast period.
  • Technological advancements in manufacturing processes are projected to create new opportunities for players operating in this market during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Amorphous Metal Ribbons Market Research Report

By Type

Iron-Based, Cobalt-Based, Other Types

By Application

Distribution Transformer, Electric Machinery, Electronic Components, Others

By Companies

Hitachi Metal, Advanced Technology, Qingdao Yunlu, Henan Zhongyue, China Amorphous Technology, Zhaojing Incorporated, Junhua Technology, Londerful New Material, Shenke, Orient Group, Foshan Huaxin

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Amorphous Metal Ribbons Market Report Segments:

The global Amorphous Metal Ribbons market is segmented on the basis of:


Iron-Based, Cobalt-Based, Other Types

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Distribution Transformer, Electric Machinery, Electronic Components, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Hitachi Metal
  2. Advanced Technology
  3. Qingdao Yunlu
  4. Henan Zhongyue
  5. China Amorphous Technology
  6. Zhaojing Incorporated
  7. Junhua Technology
  8. Londerful New Material
  9. Shenke
  10. Orient Group
  11. Foshan Huaxin

Global Amorphous Metal Ribbons Market Overview

Highlights of The Amorphous Metal Ribbons Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Iron-Based
    2. Cobalt-Based
    3. Other Types
  1. By Application:

    1. Distribution Transformer
    2. Electric Machinery
    3. Electronic Components
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Amorphous Metal Ribbons Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Amorphous Metal Ribbons Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Amorphous metal ribbons are a type of ribbon that is not solid. They are made up of small pieces of metal that have been twisted together. This makes them difficult to work with, but it also gives them their unique look and feel.

Some of the major players in the amorphous metal ribbons market are Hitachi Metal, Advanced Technology, Qingdao Yunlu, Henan Zhongyue, China Amorphous Technology, Zhaojing Incorporated, Junhua Technology, Londerful New Material, Shenke, Orient Group, Foshan Huaxin.

The amorphous metal ribbons market is expected to grow at a compound annual growth rate of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Amorphous Metal Ribbons Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Amorphous Metal Ribbons Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Amorphous Metal Ribbons Market - Supply Chain
   4.5. Global Amorphous Metal Ribbons Market Forecast
      4.5.1. Amorphous Metal Ribbons Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Amorphous Metal Ribbons Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Amorphous Metal Ribbons Market Absolute $ Opportunity

5. Global Amorphous Metal Ribbons Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      5.3.1. Iron-Based
      5.3.2. Cobalt-Based
      5.3.3. Other Types
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Amorphous Metal Ribbons Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      6.3.1. Distribution Transformer
      6.3.2. Electric Machinery
      6.3.3. Electronic Components
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Amorphous Metal Ribbons Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Amorphous Metal Ribbons Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Amorphous Metal Ribbons Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Amorphous Metal Ribbons Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Amorphous Metal Ribbons Demand Share Forecast, 2019-2026

9. North America Amorphous Metal Ribbons Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Amorphous Metal Ribbons Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      9.4.1. Distribution Transformer
      9.4.2. Electric Machinery
      9.4.3. Electronic Components
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      9.7.1. Iron-Based
      9.7.2. Cobalt-Based
      9.7.3. Other Types
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Amorphous Metal Ribbons Demand Share Forecast, 2019-2026

10. Latin America Amorphous Metal Ribbons Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Amorphous Metal Ribbons Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      10.4.1. Distribution Transformer
      10.4.2. Electric Machinery
      10.4.3. Electronic Components
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      10.7.1. Iron-Based
      10.7.2. Cobalt-Based
      10.7.3. Other Types
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Amorphous Metal Ribbons Demand Share Forecast, 2019-2026

11. Europe Amorphous Metal Ribbons Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Amorphous Metal Ribbons Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      11.4.1. Distribution Transformer
      11.4.2. Electric Machinery
      11.4.3. Electronic Components
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      11.7.1. Iron-Based
      11.7.2. Cobalt-Based
      11.7.3. Other Types
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Amorphous Metal Ribbons Demand Share, 2019-2026

12. Asia Pacific Amorphous Metal Ribbons Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Amorphous Metal Ribbons Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      12.4.1. Distribution Transformer
      12.4.2. Electric Machinery
      12.4.3. Electronic Components
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      12.7.1. Iron-Based
      12.7.2. Cobalt-Based
      12.7.3. Other Types
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Amorphous Metal Ribbons Demand Share, 2019-2026

13. Middle East & Africa Amorphous Metal Ribbons Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Amorphous Metal Ribbons Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Amorphous Metal Ribbons Market Size and Volume Forecast by Application
      13.4.1. Distribution Transformer
      13.4.2. Electric Machinery
      13.4.3. Electronic Components
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Amorphous Metal Ribbons Market Size and Volume Forecast by Type
      13.7.1. Iron-Based
      13.7.2. Cobalt-Based
      13.7.3. Other Types
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Amorphous Metal Ribbons Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Amorphous Metal Ribbons Market: Market Share Analysis
   14.2. Amorphous Metal Ribbons Distributors and Customers
   14.3. Amorphous Metal Ribbons Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Hitachi Metal Overview Financials Developments Strategic Outlook
      14.4.2. Advanced Technology Overview Financials Developments Strategic Outlook
      14.4.3. Qingdao Yunlu Overview Financials Developments Strategic Outlook
      14.4.4. Henan Zhongyue Overview Financials Developments Strategic Outlook
      14.4.5. China Amorphous Technology Overview Financials Developments Strategic Outlook
      14.4.6. Zhaojing Incorporated Overview Financials Developments Strategic Outlook
      14.4.7. Junhua Technology Overview Financials Developments Strategic Outlook
      14.4.8. Londerful New Material Overview Financials Developments Strategic Outlook
      14.4.9. Shenke Overview Financials Developments Strategic Outlook
      14.4.10. Orient Group Overview Financials Developments Strategic Outlook
      14.4.11. Foshan Huaxin Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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