Metallic Glass

Global Metallic Glass Market to Reach US$4.4 Billion by 2030

The global market for Metallic Glass estimated at US$3.3 Billion in the year 2024, is expected to reach US$4.4 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2024-2030. Metal-Metal, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$2.9 Billion by the end of the analysis period. Growth in the Metal-Metalloid segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$897.5 Million While China is Forecast to Grow at 9.0% CAGR

The Metallic Glass market in the U.S. is estimated at US$897.5 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$929.1 Million by the year 2030 trailing a CAGR of 9.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.0% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Global Metallic Glass Market – Key Trends & Drivers Summarized

What Is Metallic Glass and Why Is It Different from Traditional Metals?
Metallic glass, also known as amorphous metal, is a unique material that combines the strength and durability of metals with the structural properties of glass. Unlike traditional metals, which have a crystalline atomic structure, metallic glasses lack the regular lattice arrangement of atoms, giving them an "amorphous" or non-crystalline structure. This lack of crystallinity results in extraordinary properties, such as high strength, elasticity, and resistance to wear and corrosion. Metallic glasses are typically produced through rapid cooling, which prevents the atoms from forming a crystalline structure and leads to the formation of a glass-like material.

The key characteristics of metallic glass include its high tensile strength, excellent fatigue resistance, and superior hardness compared to conventional metals. Additionally, metallic glasses exhibit unique properties such as enhanced corrosion resistance, which makes them highly desirable for applications in extreme environments, including aerospace, defense, and medical devices. The non-crystalline structure also allows for the production of parts with complex geometries that would be difficult to achieve using traditional metals. As a result, metallic glass is becoming increasingly recognized for its potential in advanced engineering applications.

What Are the Key Trends in the Metallic Glass Market?
A major trend driving the metallic glass market is the growing demand for high-performance materials in industries that require materials with exceptional strength and durability, such as aerospace, automotive, and defense. In aerospace applications, where parts need to withstand extreme temperatures, stress, and wear, metallic glasses are becoming a preferred choice due to their superior mechanical properties. Components such as turbine blades, structural elements, and casings benefit from the strength and lightweight characteristics of metallic glass, which can improve performance and fuel efficiency in aircraft.

The automotive industry is also showing increased interest in metallic glasses for their potential to reduce weight while maintaining or enhancing the strength and safety of vehicle parts. With rising demand for fuel-efficient and lightweight vehicles, metallic glasses can be used in applications such as structural components, gears, and transmission parts. These materials not only help reduce vehicle weight but also improve the overall performance and safety of the vehicle by providing stronger and more durable components. As manufacturers seek to meet stricter environmental standards and consumer demands for fuel efficiency, metallic glasses are emerging as a solution.

Another key trend is the development of new fabrication techniques that make metallic glasses more accessible for large-scale manufacturing. While the production of metallic glass was once limited by expensive and time-consuming processes, recent advances in methods such as additive manufacturing (3D printing) and casting have made it easier to produce metallic glass components in larger quantities and at a lower cost. These advancements are making metallic glass more commercially viable and allowing for its integration into a broader range of applications, including consumer electronics, medical devices, and sporting goods. As these fabrication technologies continue to improve, the potential for widespread use of metallic glass across various industries expands.

Why Is the Demand for Metallic Glass Increasing?
The demand for metallic glass is increasing due to its ability to offer a unique combination of properties that traditional metals cannot provide. Industries that require materials with a high strength-to-weight ratio, superior wear resistance, and enhanced durability are increasingly turning to metallic glass as a solution. For instance, in aerospace, the ability of metallic glasses to withstand extreme temperatures and stresses while remaining lightweight makes them ideal for use in aircraft engines, structural components, and other critical applications. This trend is expected to continue as the aerospace industry pushes for higher performance and fuel efficiency.

In the automotive sector, the growing demand for lightweight, fuel-efficient vehicles is driving the adoption of metallic glass. As manufacturers aim to reduce vehicle weight without compromising safety or durability, metallic glass offers a promising alternative to traditional metals like steel and aluminum. The material’s unique combination of strength and lightness allows for the design of stronger, more efficient parts that can improve fuel efficiency and reduce emissions. As regulatory pressures for lower emissions intensify, automotive manufacturers are exploring new materials like metallic glass to help meet these standards.

Furthermore, the increasing need for advanced materials in medical applications is driving the demand for metallic glass. In medical devices, particularly implants, the unique properties of metallic glass, such as its biocompatibility and corrosion resistance, make it an attractive choice. Metallic glasses are being researched for use in stents, prosthetics, and surgical tools, where their durability and resistance to wear are essential. The ability to create complex, precise shapes and structures through metallic glass also offers new possibilities in the design of medical devices that were previously difficult to achieve with traditional materials.

What Are the Key Growth Drivers in the Metallic Glass Market?
The growth in the metallic glass market is driven by several factors, including advancements in manufacturing technologies, growing demand for high-performance materials in key industries, and the expanding range of applications for metallic glasses. One of the key growth drivers is the continuous innovation in fabrication methods, such as 3D printing and rapid solidification techniques, which are making it easier and more cost-effective to produce metallic glass components. These innovations are allowing manufacturers to scale up production and explore new applications, particularly in industries like aerospace, automotive, and consumer electronics, where there is increasing demand for lightweight and durable materials.

The aerospace and defense industries are among the primary drivers of growth, as they seek to develop high-performance materials that can withstand extreme conditions while reducing weight. Metallic glass offers superior strength, wear resistance, and corrosion resistance, making it an ideal material for critical aerospace components such as turbine blades, structural parts, and aircraft engines. As the demand for more efficient, fuel-saving technologies continues to grow in the aerospace sector, the use of metallic glass is expected to increase significantly, particularly for lightweight, high-performance components.

In the automotive sector, the shift toward electric vehicles (EVs) and the increasing focus on reducing vehicle weight to improve fuel efficiency and driving range are propelling the demand for metallic glasses. EV manufacturers are looking for materials that can reduce the overall weight of the vehicle while maintaining or enhancing strength and safety. Metallic glasses offer these advantages, making them an attractive option for use in parts such as gears, transmissions, and structural elements. As the automotive industry embraces more sustainable and energy-efficient technologies, the adoption of metallic glass is expected to rise.

Furthermore, as the need for advanced materials in medical devices continues to grow, metallic glasses are being explored for applications in implants, surgical tools, and prosthetics. The combination of biocompatibility, corrosion resistance, and high strength makes metallic glass an ideal material for medical applications that require durability and precision. As the healthcare industry continues to prioritize patient safety, comfort, and advanced medical technologies, the demand for metallic glass in medical devices is expected to grow.

Finally, the increasing awareness of the environmental impact of traditional manufacturing processes and materials is also contributing to the market’s growth. Metallic glass, with its ability to be fabricated through cleaner, more efficient processes, aligns with the industry’s move toward more sustainable manufacturing practices. The low waste and reduced energy consumption in producing metallic glass compared to conventional metals make it a more eco-friendly option, which is helping to drive its adoption across a range of industries.

In conclusion, the metallic glass market is experiencing significant growth due to advancements in manufacturing technologies, the increasing demand for high-performance materials, and the expanding range of applications across aerospace, automotive, medical, and consumer electronics industries. As these industries continue to prioritize lightweight, durable, and energy-efficient materials, the unique properties of metallic glass position it as a key player in the development of next-generation products. With ongoing research and development driving further innovation, the future of metallic glass looks promising across various sectors.

SCOPE OF STUDY:

The report analyzes the Metallic Glass market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Metal-Metal, Metal-Metalloid); Sector (Electrical & Electronics, Sports, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 43 Featured) -

• Adamant Namiki Precision Jewel Co., Ltd.
• Advanced Technology & Materials Co., Ltd. (ATM)
• Aichi Steel Corporation
• Amorphology, Inc.
• Antai Technology Co., Ltd.
• Dongguan Yihao Metal Material Technology Co., Ltd.
• Eontec Co., Ltd. (Yeean Tech)
• EPSON ATMIX Corporation
• Eutectix LLC
• Exmet Amorphous Technology AB
• Glassimetal Technology Inc.
• Heraeus Holding
• Hitachi Metals, Ltd.
• Liquidmetal Technologies Inc.
• Materion Corporation
• Metglas, Inc.
• Orbray Co., Ltd.
• PrometalTech
• Proterial, Ltd.
• PX Group SA

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

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APRIL 2025: NEGOTIATION PHASE

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