The Global Cobalt Based Amorphous Alloy Market was valued at USD 2.81 Billion in 2024 and is projected to reach USD 4.15 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is being driven by increasing demand for high-efficiency transformers, growth in renewable energy infrastructure, and the accelerating adoption of advanced magnetic materials across electronics and power distribution sectors.

As the electronics industry transforms toward energy-efficient operations and miniaturized components, the spotlight is on the key material suppliers who are driving innovation, performance, and sustainable technology pathways. In this blog, we profile the Top 10 Companies in the Cobalt Based Amorphous Alloy Industry—a mix of materials science giants, specialty alloy producers, and technology innovators shaping the future of global electronics materials.

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🔟 1. Hitachi Metals

Headquarters: Tokyo, Japan
Key Offering: Metglas® Cobalt Based Amorphous Alloys, Advanced Magnetic Cores

Hitachi Metals is among the world’s leading Cobalt Based Amorphous Alloy suppliers, offering high-performance magnetic materials across global markets. Their electronics division serves transformer manufacturers, power electronics companies, and automotive suppliers, with growing investments in nanoscale material technologies and precision manufacturing processes.

Sustainability Initiatives:

• Development of ultra-low core loss materials for energy conservation
• Partnerships with renewable energy developers for grid modernization
• Committed to achieving carbon neutrality by 2050 across operations

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Cobalt Based Amorphous Alloy Market – View in Detailed Research Report

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9️⃣ 2. Toshiba Materials

Headquarters: Tokyo, Japan
Key Offering: Cobalt Based Amorphous Ribbons, Custom Magnetic Components

Toshiba Materials operates in more than 30 countries and supplies materials for over 50 million electronic components annually. They are a significant player in high-frequency amorphous alloy production, aiming to meet both performance and energy efficiency targets in the power electronics sector.

Sustainability Initiatives:

• Advanced manufacturing technologies for reduced material waste
• Collaboration with research institutions for next-generation alloy development

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8️⃣ 3. CATECH

Headquarters: Beijing, China
Key Offering: Co-based Amorphous Strips, Magnetic Powder Cores

CATECH's magnetic materials division is expanding its technology portfolio through strategic acquisitions and partnerships. They are also engaged in nanocrystalline material research to support electronics innovation goals.

Sustainability Initiatives:

• Development of rare-earth reduced amorphous alloys
• Supply partnerships with EV manufacturers and industrial equipment producers

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7️⃣ 4. VACUUMSCHMELZE

Headquarters: Hanau, Germany
Key Offering: Vitrovac® Cobalt Based Amorphous Alloys

VACUUMSCHMELZE is one of Europe’s leading Cobalt Based Amorphous Alloy suppliers, serving both industrial and consumer electronics sectors. The company is heavily invested in advanced manufacturing, particularly through rapid solidification technologies and precision alloy development processes.

Sustainability Initiatives:

• Investment in energy-efficient production facilities
• Development of recyclable magnetic materials

Download FREE Sample Report:
Cobalt Based Amorphous Alloy Market – View in Detailed Research Report

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6️⃣ 5. METGLAS

Headquarters: Conway, South Carolina, USA
Key Offering: METGLAS® Cobalt Based Alloys, Magnetic Shielding Materials

METGLAS delivers advanced amorphous materials and technical services to over 1,000 industrial customers globally. The company provides customized magnetic solutions and is advancing the application of Cobalt Based Amorphous Alloys in high-frequency power conversion systems.

Sustainability Initiatives:

• Continuous improvement in material efficiency and performance
• Targets for reduced environmental footprint across manufacturing operations

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5️⃣ 6. Dyou Scientific & Technology

Headquarters: Zhejiang, China
Key Offering: Co-based Amorphous Foils, Custom Alloy Solutions

Dyou Scientific & Technology specializes in the development and production of precision amorphous alloys, serving telecommunications, automotive, and industrial automation sectors worldwide.

Sustainability Initiatives:

• Development of cost-effective amorphous alloy alternatives
• Expansion of manufacturing capacity to meet growing market demand

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4️⃣ 7. Zhejiang Zhongjing Electric

Headquarters: Zhejiang, China
Key Offering: Cobalt Based Amorphous Ribbons, Transformer Core Materials

Zhejiang Zhongjing Electric is a key player in China’s amorphous alloy market, supplying materials for power distribution transformers and high-frequency inductors.

Sustainability Initiatives:

• Focus on domestic supply chain development
• Investment in research for improved magnetic properties

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3️⃣ 8. Advanced Technology & Materials

Headquarters: Shenzhen, China
Key Offering: Custom Cobalt Based Amorphous Alloy Formulations

Advanced Technology & Materials has established itself as a significant supplier of Cobalt Based Amorphous Alloys, particularly focusing on cost-competitive solutions for emerging markets.

Sustainability Initiatives:

• Development of environmentally friendly production processes
• Partnerships with universities for material science innovation

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2️⃣ 9. Magnetic Component Innovators

Headquarters: Seoul, South Korea
Key Offering: Co-based Amorphous Wires, Specialized Magnetic Alloys

Magnetic Component Innovators specializes in the development of Cobalt Based Amorphous Alloys for specialized applications in aerospace and defense electronics.

Sustainability Initiatives:

• Implementation of energy recovery systems in manufacturing
• Research into sustainable sourcing of raw materials

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1️⃣ 10. Precision Alloy Solutions

Headquarters: Taipei, Taiwan
Key Offering: Precision Amorphous Strips, Custom Magnetic Components

Precision Alloy Solutions focuses on high-precision Cobalt Based Amorphous Alloy manufacturing, supporting medical electronics and precision instrumentation markets globally.

Sustainability Initiatives:

• Development of lead-free and RoHS compliant alloys
• Strategic partnerships with electronics manufacturers for application development

Get Full Report Here:
Cobalt Based Amorphous Alloy Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cobalt Based Amorphous Alloy Is Smarter and More Efficient

The Cobalt Based Amorphous Alloy market is undergoing a technological transformation. While traditional magnetic materials still dominate certain applications, the industry is increasingly investing in advanced amorphous solutions, manufacturing technologies, and specialized application networks.

📈 Key Trends Shaping the Market:

• Rapid adoption in electric vehicle power electronics and charging infrastructure
• Growing demand for high-frequency materials in 5G telecommunications equipment
• Development of thinner gauge materials for miniaturized electronics
• Increasing regulatory focus on energy efficiency driving material innovation

Get Full Report Here:
Cobalt Based Amorphous Alloy Market – View in Detailed Research Report

The companies listed above are not only supplying global electronics—they’re spearheading the technological advancement of power electronics systems.