Report overview
Amorphous steel is an alloy steel with advantageous magnetic properties necessary for use in distribution transformers, electric reactors, electric machines and middle and high frequency transformers. The iron- based amorphous steel is predominantly iron (Fe) (up to 82%), with boron (B) (8 percent to15 percent), and silicon (Si) (5 percent to 10 percent) (SA1 and HB1M). AR may also contain carbon (C) alloyed to allow for its amorphous structure. Up to 25% of the iron (Fe) may be replaced with cobalt (Co) to allow for higher induction, to be used in pulse power applications (2605CO alloy). This AR is normally imported in the form of a singleply coil up to 1000kg in weight, or in a multiple-ply format where 3 to 10 sheets are co-wound onto a single hub.
This report aims to provide a comprehensive presentation of the global market for Amorphous Steels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Amorphous Steels. This report contains market size and forecasts of Amorphous Steels in global, including the following market information:
Global Amorphous Steels Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Amorphous Steels Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Amorphous Steels companies in 2022 (%)
The global Amorphous Steels market was valued at US$ 586.7 million in 2022 and is projected to reach US$ 889.5 million by 2029, at a CAGR of 6.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The market for Amorphous Steel is concentrated with players such as Hitachi, Henan Zhongyue, Junhua Technology, Londerful New Material, Shenke, Foshan Huaxin, Advanced Technology & Materials, Zhaojing Incorporated Company, Qingdao Yunlu and Advanced Material Technology, etc. Among them, Hitachi is the leader with about 61% revenue market share.
We surveyed the Amorphous Steels manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Amorphous Steels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Amorphous Steels Market Segment Percentages, by Type, 2022 (%)
Amorphous Ribbon
Nano-Crystalline Ribbon
Global Amorphous Steels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Amorphous Steels Market Segment Percentages, by Application, 2022 (%)
Distribution Transformer
Electric Machinery
Electronic Components
Others
Global Amorphous Steels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Amorphous Steels Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Amorphous Steels revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Amorphous Steels revenues share in global market, 2022 (%)
Key companies Amorphous Steels sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Amorphous Steels sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi Metal
Advanced Technology
Qingdao Yunlu
Henan Zhongyue
China Amorphous Technology
Zhaojing Incorporated
Junhua Technology
Londerful New Material
Shenke
Orient Group
Foshan Huaxin
Outline of Major Chapters:
Chapter 1: Introduces the definition of Amorphous Steels, market overview.
Chapter 2: Global Amorphous Steels market size in revenue and volume.
Chapter 3: Detailed analysis of Amorphous Steels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Amorphous Steels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Amorphous Steels capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
