Amorphous Iron (Fe Amorphous) Market
Amorphous Iron (Fe Amorphous) Market Study by Thin Foils and Ribbons for Transformers, Motors, Inductors, and Generators from 2023 to 2033
Analysis of Amorphous Iron (Fe Amorphous) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Amorphous Iron Market Outlook (2023 to 2033)
The global amorphous iron market is valued to be US$ 11.4 billion in 2023 and is anticipated to grow at a CAGR of 6.4% to reach US$ 21.1 billion by the end of 2033.
Amorphous iron market is growing due to its increasing demand from energy-efficient and high-performance electronic devices manufacturing. Additionally, growing awareness of the benefits of using amorphous iron in electrical equipment also contributes to the growth of the market.
| Report Attributes | Details |
|---|---|
| Amorphous Iron Market Size (2022A) | US$ 10.7 Billion |
| Estimated Market Value (2023E) | US$ 11.4 Billion |
| Forecasted Market Value (2033F) | US$ 21.1 Billion |
| Global Market Growth Rate (2023 to 2033) | ~6.4% CAGR |
| Key Companies Profiled | Rio Tinto Plc; Hitachi Metals; Metalglas; Advanced Technology & Materials Co. Ltd; PMG Holding GmbH; Sumitomo Metal Mining Co., Ltd; Toshiba Corp (Toshiba Materials Co., Ltd.) |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Historic and Future Pathway Analysis for the Amorphous Iron Market
The increased amorphous iron consumption in automobiles and electrical pieces of equipment for high-frequency operations and energy efficiency will significantly increase the demand for amorphous iron in the coming years.
Further, rising demand from niche applications like manufacturing of transformers and generators, fuel the demand for amorphous iron in forthcoming years.
- Short Term (2023 to 2026): The growing popularity of amorphous iron for the manufacturing of motors and transformers will lead to growth in short term.
- Medium Term (2026 to 2029): Apparent demand for amorphous iron in emerging nations such as East Asia will drive the market in medium term.
- Long Term (2029 to 2033): Advancement in technology and the rising demand from the automotive and electrical appliances in energy storage and high-frequency operation thrives the sales of the product during the projected period.
According to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at CAGR of 6.4% during the forecast period.
“Growing Automotive Industry to Augment higher demand for Amorphous Iron Market”
The growing demand for high-yield strength metals is anticipated to thrive expansion of the global amorphous iron market during the projected period. Further, the application of amorphous iron in various end-use applications such as in motor manufacturing due to the low magnetic flux density and switching losses, makes it ideal for use in high-frequency motors.
In addition, the penetration of electric vehicles into the automotive market will significantly boost the demand for amorphous iron as manufacturers look for ways to reduce energy losses and increase driving efficiency.
The application of amorphous iron in the electrical industry to conserve energy and the government guidelines to save energy and employ sustainable development further increases the demand for the product in the near future.
“High-Cost Associated with the Manufacturing Process Impede the Market Growth”
The high cost of amorphous iron, concerns about the impact of mechanical strength on its performance, and concerns about the hardness of the metal are among the key factors expected to hamper global amorphous iron market sales to some extent during the forecast period.
Moving ahead, owing to the demand for alloys in the purest form, with high hardness and no oxygen and carbon combined, the development of amorphous iron requires high technology, resulting in high prices for amorphous iron and is expected to hinder the growth of the market.
Country-wise Insights
What makes India Growth Driver for Amorphous Iron Consumption?
The Indian government has reached important milestones in the last five years by electrifying rural and urban areas. Moreover, India aims to become a global giant in powering homes 24/7 through efficient and clean processes.
The use of conventional iron metals resulted in enormous energy losses, forcing transformer manufacturers to choose more energy-efficient metals such as amorphous iron. This metal has a wide range of use cases as it offers significant advantages over iron metals in terms of energy savings. Additionally, electricity tariffs in India are higher as compared to other regions, so efficient installation means a higher return on investment.
The country's demand for amorphous iron is expected to increase over the projected period due to its use in electrical equipment and attaining sustainable development to accelerate the sales of the product.
What Makes China a Prominent Region for Driving Consumption of Amorphous Iron?
China's electricity consumption has grown exponentially over the past few decades. In 1980, China's electricity consumption was 300.6 billion kWh, but by 2020 it has increased to 7,511 trillion kWh. China, on the other hand, is experiencing significant economic growth and its electricity consumption is expected to only increase over the next decade.
In order to use energy more efficiently and comply with energy loss dissipation regulations, governments are promoting the use of high-power transformers due to their environmental benefits.
With the growth in Chinese economy and requirement for energy-efficient technologies, China is poised to consume more than the world average and will drive the global amorphous iron market over the next decade. Apart from the electrical industry, the growing use of amorphous iron in motor applications in China aids market growth.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Category-wise Insights
Why Thin Foil Amorphous Iron is Higher in Demand?
A ribbon is a thin, flexible strip of material that is wrapped around a magnet. It helps in improving the magnetic properties of iron-based alloys by increasing their permeability to magnetic flux. The most common uses of strip material for amorphous iron-based products include wire and cable insulation and protective coatings for transformers and motors.
With the increasing number of automotive and electrical industries across the globe, apparent demand for transformers and motors is at its peak in the upcoming year and thus leads to an increase in the consumption of amorphous iron.
Why Transformers End-use is Projected to Find Major Consumption for Amorphous Iron?
Amorphous iron consumption for transformer manufacturing is expected to hold a significant market share. This is mainly due to rapid urbanization leading to massive electrification. For example, in 2000 about 43% of Indian households were electrified, and in 2020 it reached 99.9%. Traditional transformers are being replaced by energy-efficient transformers that require the use of high-performance materials such as amorphous iron.
Governments comply with the UN Sustainable Development Goals by keeping their carbon emissions well below global standards. This requires the use of energy-efficient alternatives to technology and materials. Due to these aforementioned above factors, amorphous iron consumption in transformer manufacturing dominates the global market.
Eminent Players Key Stratagems
Prominent amorphous iron manufacturers are Rio Tinto Plc, Hitachi Metals, Metalglas, Advanced Technology & Materials Co. Ltd, PMG Holding GmbH, Sumitomo Metal Mining Co., Ltd, and Toshiba Corp (Toshiba Materials Co., Ltd.).
Manufacturers partnering with the local market player and offering technological support. Further, companies comply to supply a diverse range of products, solutions, and services across the region to generate more revenue. Companies are also continuously investing in research and product development. For instance, Hitachi Metals has developed a Fe-based amorphous alloy with magnetic domain control technology. With high flux density, this material developed also reduces the core loss by a minimum of 25%.
The market players operating in the amorphous iron market are focusing on entering into long-term supply contracts with electronics and automotive manufacturing companies to magnify their customer base and global footprints.
Fact.MR has provided detailed information about the price points of key manufacturers of amorphous iron positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Segmentation of Amorphous Iron Industry Research
-
By Type :
- Thin Foil
- Ribbon
-
By End-Use :
- Transformers
- Transmission
- Portable
- Distribution
- Motors
- 100 HP
- 101 HP
- 200 HP
- 201 HP
- 500 HP
- 501 HP
- 1000 HP
- Inductors
- Generators
- Transformers
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (KT) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Thin Foil
- 7.2. Ribbon
- 8. Global Market Analysis and Forecast, By End-Use
- 8.1. Transformers
- 8.1.1. Transmission transformers
- 8.1.2. Portable transformers
- 8.1.3. Distribution transformers
- 8.2. Motors
- 8.2.1. 100 HP
- 8.2.2. 101 HP
- 8.2.3. 200 HP
- 8.2.4. 201 HP
- 8.2.5. 500 HP
- 8.2.6. 501 HP
- 8.2.7. 1000 HP
- 8.3. Inductors
- 8.4. Generators
- 8.1. Transformers
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-Level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Advanced Technology & Materials Co. Ltd
- 18.2. Beijing Yeke Metal Co., Ltd.
- 18.3. Dongguan Jingdu Electronic Technology Co., Ltd.
- 18.4. Electronic Technology Co., Ltd.
- 18.5. GKN Plc
- 18.6. Hengdian Group DMEGC Magnetics Co., Ltd.
- 18.7. Hitachi Metals Ltd
- 18.8. Höganäs AB
- 18.9. PMG Holding GmbH
- 18.10. Qingdao Yunlu New Energy Technology Co., Ltd.
- 18.11. Qinhuangdao Yanqin Nano Technology Company
- 18.12. Rio Tinto Plc
- 18.13. Sumitomo Metal Mining Co., Ltd.
- 18.14. Tianjin Zhuo Run Technology Co., Ltd. Sales
- 18.15. Toshiba Corp (Toshiba Materials Co., Ltd.)
- 18.16. VACUUMSCHMELZE GmbH & Co. KG
- 18.17. Voestalpine Stahl GmbH
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01. Global Market Value (US$ million) By Region, 2018 to 2022
Table 02. Global Market Value (US$ million) and Forecast By Region, 2023 to 2033
Table 03. Global Market Volume (KT) By Region, 2018 to 2022
Table 04. Global Market Volume (KT) and Forecast By Region, 2023 to 2033
Table 05. Global Market Value (US$ million) By Type, 2018 to 2022
Table 06. Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 07. Global Market Volume (KT) By Type, 2018 to 2022
Table 08. Global Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 09. Global Market Value (US$ million) By End-Use, 2018 to 2022
Table 10. Global Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 11. Global Market Volume (KT) By End-Use, 2018 to 2022
Table 12. Global Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 13. North America Market Value (US$ million) By Country, 2018 to 2022
Table 14. North America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 15. North America Market Volume (KT) By Country, 2018 to 2022
Table 16. North America Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 17. North America Market Value (US$ million) By Type, 2018 to 2022
Table 18. North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 19. North America Market Volume (KT) By Type, 2018 to 2022
Table 20. North America Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 21. North America Market Value (US$ million) By End-Use, 2018 to 2022
Table 22. North America Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 23. North America Market Volume (KT) By End-Use, 2018 to 2022
Table 24. North America Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 25. Latin America Market Value (US$ million) By Country, 2018 to 2022
Table 26. Latin America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 27. Latin America Market Volume (KT) By Country, 2018 to 2022
Table 28. Latin America Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 29. Latin America Market Value (US$ million) By Type, 2018 to 2022
Table 30. Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 31. Latin America Market Volume (KT) By Type, 2018 to 2022
Table 32. Latin America Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 33. Latin America Market Value (US$ million) By End-Use, 2018 to 2022
Table 34. Latin America Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 35. Latin America Market Volume (KT) By End-Use, 2018 to 2022
Table 36. Latin America Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 37. Europe Market Value (US$ million) By Country, 2018 to 2022
Table 38. Europe Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 39. Europe Market Volume (KT) By Country, 2018 to 2022
Table 40. Europe Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 41. Europe Market Value (US$ million) By Type, 2018 to 2022
Table 42. Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 43. Europe Market Volume (KT) By Type, 2018 to 2022
Table 44. Europe Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 45. Europe Market Value (US$ million) By End-Use, 2018 to 2022
Table 46. Europe Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 47. Europe Market Volume (KT) By End-Use, 2018 to 2022
Table 48. Europe Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 49. East Asia Market Value (US$ million) By Country, 2018 to 2022
Table 50. East Asia Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 51. East Asia Market Volume (KT) By Country, 2018 to 2022
Table 52. East Asia Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 53. East Asia Market Value (US$ million) By Type, 2018 to 2022
Table 54. East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 55. East Asia Market Volume (KT) By Type, 2018 to 2022
Table 56. East Asia Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 57. East Asia Market Value (US$ million) By End-Use, 2018 to 2022
Table 58. East Asia Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 59. East Asia Market Volume (KT) By End-Use, 2018 to 2022
Table 60. East Asia Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 61. South Asia & Oceania Market Value (US$ million) By Country, 2018 to 2022
Table 62. South Asia & Oceania Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 63. South Asia & Oceania Market Volume (KT) By Country, 2018 to 2022
Table 64. South Asia & Oceania Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 65. South Asia & Oceania Market Value (US$ million) By Type, 2018 to 2022
Table 66. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 67. South Asia & Oceania Market Volume (KT) By Type, 2018 to 2022
Table 68. South Asia & Oceania Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 69. South Asia & Oceania Market Value (US$ million) By End-Use, 2018 to 2022
Table 70. South Asia & Oceania Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 71. South Asia & Oceania Market Volume (KT) By End-Use, 2018 to 2022
Table 72. South Asia & Oceania Market Volume (KT) and Forecast By End-Use, 2023 to 2033
Table 73. MEA Market Value (US$ million) By Country, 2018 to 2022
Table 74. MEA Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 75. MEA Market Volume (KT) By Country, 2018 to 2022
Table 76. MEA Market Volume (KT) and Forecast By Country, 2023 to 2033
Table 77. MEA Market Value (US$ million) By Type, 2018 to 2022
Table 78. MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 79. MEA Market Volume (KT) By Type, 2018 to 2022
Table 80. MEA Market Volume (KT) and Forecast By Type, 2023 to 2033
Table 81. MEA Market Value (US$ million) By End-Use, 2018 to 2022
Table 82. MEA Market Value (US$ million) and Forecast By End-Use, 2023 to 2033
Table 83. MEA Market Volume (KT) By End-Use, 2018 to 2022
Table 84. MEA Market Volume (KT) and Forecast By End-Use, 2023 to 2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (KT) By Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 09. North America Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11. North America Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 13. North America Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 17. North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 18. North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 19. North America Market Attractiveness Analysis By End-Use, 2023 to 2033
Figure 20. Latin America Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22. Latin America Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 24. Latin America Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 26. Latin America Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 28. Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 29. Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 30. Latin America Market Attractiveness Analysis By End-Use, 2023 to 2033
Figure 31. Europe Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 32. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33. Europe Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 34. Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 35. Europe Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 36. Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 37. Europe Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 38. Europe Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 39. Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40. Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 41. Europe Market Attractiveness Analysis By End-Use, 2023 to 2033
Figure 42. East Asia Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 43. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44. East Asia Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 45. East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 46. East Asia Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 47. East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 48. East Asia Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 49. East Asia Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 50. East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 51. East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 52. East Asia Market Attractiveness Analysis By End-Use, 2023 to 2033
Figure 53. South Asia & Oceania Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55. South Asia & Oceania Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 57. South Asia & Oceania Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 59. South Asia & Oceania Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 61. South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By End-Use, 2023 to 2033
Figure 64. MEA Market Value (US$ million) and Volume (KT) Forecast, 2023 to 2033
Figure 65. MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66. MEA Market Value (US$ million) and Volume (KT) By Country, 2023 & 2033
Figure 67. MEA Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 68. MEA Market Value (US$ million) and Volume (KT) By Type, 2023 & 2033
Figure 69. MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 70. MEA Market Value (US$ million) and Volume (KT) By End-Use, 2023 & 2033
Figure 71. MEA Market Y-o-Y Growth Rate By End-Use, 2023 to 2033
Figure 72. MEA Market Attractiveness Analysis By Country, 2023 to 2033
Figure 73. MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 74. MEA Market Attractiveness Analysis By End-Use, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the amorphous iron market estimated to reach in 2023?
The amorphous iron market is estimated to reach US$ 11.4 billion in 2023.
What is the amorphous iron market valuation expected for 2033?
The amorphous iron market valuation is expected to reach US$ 21.1 billion by 2033.
What is the projected CAGR for the amorphous iron market from 2023 to 2033?
The projected CAGR for the amorphous iron market from 2023 to 2033 is 6.4%.
Who are the Major Players in the Amorphous Iron Market?
Market players include Metalglas, Hitachi Metals, and Advanced Technology & Materials Co. Ltd are majorly operating and dominating in the market.
What are the Factors Driving the Amorphous Iron Sales Growth During the Forecast Period?
Factors such as growing demand for amorphous Iron from the flourishing end-use application in motors and transformers bolster sales growth of amorphous iron.
What was the global amorphous iron market size reported by Fact.MR for 2022?
The global amorphous iron market size reported by Fact.MR for 2022 is valued at US$ 10.7 billion.
Amorphous Iron (Fe Amorphous) Market