Amorphous Metal Ribbon is a new soft magnetic material. It is produced through the advanced technology of rapid solidification of molten metal at a cooling rate of about a million ℃/sec. During this process the metal is rapidly quenched as a form of ribbon with 25-35 μm thickness, and the micro-structure of the alloy is the amorphous due to the high quenching rate.
Amorphous Metal Ribbon has many advantages, such as high permeability, high saturate induction, high electrical resistivity, high density, low core loss and good stability. It can replace the materials of silicon steel, permalloy and ferrite. It is widely used in electronics products that high accuracy and good stability are the most required.
According to the new market research report “Global Amorphous Metal Ribbons Market Report 2024-2030”, published by QYResearch, the global Amorphous Metal Ribbons market size is projected to reach USD 0.7 billion by 2030, at a CAGR of 7.5% during the forecast period.
Figure. Global Amorphous Metal Ribbons Market Size (US$ Million), 2019 VS 2023 VS 2030
The market is driven by various end-user industries, Amorphous Metal Ribbons can be used to replace silicon steel, Permalloy, and ferrites excellent materials to make transformer cores for high-frequency switch mode power supplies, current transformer cores, transformer cores for ground-fault-interrupters, cores for filters, storage inductors, and reactors, EMC common mode chokes, sensor cores, cores for saturable reactors, magnetic amplifiers, beads, and pulse compressors.
The initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.
Figure. Global Amorphous Metal Ribbons Top 6 Players Ranking and Market Share（Continually updated）
Based on or includes research from QYResearch: Global Amorphous Metal Ribbons Market Report 2024-2030.
The market for Amorphous Metal Ribbons is concentrated with players such as Qingdao Yunlu, Proterial, Ltd. (Formerly Hitachi Metals), Advanced Technology, Zhao Jing Science and Technology, Jiangsu Guoneng Alloy Technology, Henan Zhongyue Amorphous, and etc. In 2023, the world's top three vendors accounted for approximately 79.06% of the revenue.
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