The Global Cobalt Based Amorphous Metal Ribbons Market was valued at US$ 153.7 million in 2023 and is projected to reach US$ 186.2 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.7% during the forecast period (2024–2030). This steady growth is being fueled by increasing demand for high-efficiency transformers, advancements in consumer electronics, and the expanding application of amorphous alloys in aerospace and high-performance magnetic components.
As industries worldwide push for greater energy efficiency and miniaturization, cobalt-based amorphous metal ribbons are becoming a critical material solution. In this blog, we profile the Top 10 Companies in the Cobalt Based Amorphous Metal Ribbons Industry—a group of pioneering material scientists and manufacturers driving innovation in this sophisticated niche market.
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🔟 1. Hitachi Metals, Ltd.
Headquarters: Tokyo, Japan
Key Offering: Metglas® Cobalt-Based Amorphous Alloys
Hitachi Metals is a global pioneer and market leader in amorphous metals, with its renowned Metglas brand. The company possesses extensive expertise in producing high-performance cobalt-based ribbons renowned for their exceptional soft magnetic properties, low core loss, and high saturation magnetization.
Technological Leadership:
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Pioneer of rapid solidification technology for amorphous ribbon production
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Extensive R&D in nanocrystalline alloys derived from amorphous precursors
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Strategic focus on high-frequency and high-efficiency power electronics applications
9️⃣ 2. Advanced Technology & Materials Co., Ltd. (AT&M)
Headquarters: Beijing, China
Key Offering: Cobalt-based amorphous and nanocrystalline ribbons
AT&M is a leading advanced materials supplier in China, with a significant presence in the amorphous metals sector. The company supplies high-quality cobalt-based ribbons for sensitive magnetic sensors, high-frequency transformers, and electromagnetic interference (EMI) shielding applications.
Technological Leadership:
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Integrated production from raw materials to finished ribbon products
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Strong focus on research into new alloy compositions for enhanced performance
Download FREE Sample Report:
Cobalt Based Amorphous Metal Ribbons Market – View in Detailed Research Report
8️⃣ 3. Qingdao Yunlu Energy Technology Co., Ltd.
Headquarters: Qingdao, China
Key Offering: Amorphous and nanocrystalline ribbons for energy applications
Qingdao Yunlu specializes in amorphous metal ribbons tailored for the energy sector, including cobalt-based alloys used in high-efficiency distribution transformers and renewable energy systems. The company is a key supplier in China’s rapidly modernizing power grid infrastructure.
Technological Leadership:
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Specialization in ribbons for energy-efficient transformer cores
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Production scaling to meet domestic and international demand
7️⃣ 4. Henan Zhongyue Amorphous Technology Co., Ltd.
Headquarters: Henan, China
Key Offering: Amorphous metal strips and cores
Henan Zhongyue is a major Chinese manufacturer of amorphous and nanocrystalline materials. The company produces cobalt-based amorphous ribbons that are critical for high-performance magnetic components in electric vehicles, solar inverters, and industrial power supplies.
Technological Leadership:
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Vertically integrated manufacturing capabilities
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Strong focus on cost-effective production for mass-market applications
6️⃣ 5. China Amorphous Technology Co., Ltd.
Headquarters: Zibo, China
Key Offering: Cobalt-based amorphous ribbons and magnetic cores
China Amorphous Technology is a specialized producer focused on the development and manufacturing of advanced soft magnetic materials. The company’s cobalt-based ribbons are used in precision current sensors, high-frequency inductors, and aerospace components requiring extreme reliability.
Technological Leadership:
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Advanced annealing and processing technologies for optimized magnetic properties
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Collaboration with academic institutions on material science research
5️⃣ 6. Zhaojing Incorporated
Headquarters: Jiangsu, China
Key Offering: Amorphous and nanocrystalline foil and ribbon
Zhaojing is a significant player in the Chinese advanced materials market, supplying cobalt-based amorphous ribbons for applications requiring high permeability and thermal stability. Their products serve the telecommunications, automotive, and consumer electronics industries.
Technological Leadership:
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Focus on ultra-thin ribbon production for miniaturized components
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Custom alloy development for specific client applications
Download FREE Sample Report:
Cobalt Based Amorphous Metal Ribbons Market – View in Detailed Research Report
4️⃣ 7. Junhua Technology Co., Ltd.
Headquarters: Lianyungang, China
Key Offering: Amorphous metal ribbons and magnetic cores
Junhua Technology manufactures a range of amorphous and nanocrystalline materials, with cobalt-based ribbons forming a key part of their high-performance product portfolio. The company serves global customers in the power distribution and electronic components sectors.
Technological Leadership:
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Investment in continuous casting technology for improved ribbon quality
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Expansion into high-growth applications like electric vehicle power systems
3️⃣ 8. Londerful New Material Co., Ltd.
Headquarters: Zhejiang, China
Key Offering: Amorphous and nanocrystalline strip
Londerful New Material specializes in the production of advanced metallic glasses, including cobalt-based amorphous ribbons prized for their near-zero magnetostriction. This makes them ideal for sensitive magnetic field sensors and precision measurement devices.
Technological Leadership:
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Expertise in controlling ribbon uniformity and surface finish
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Development of alloys with tailored magnetic and mechanical properties
2️⃣ 9. Shenke Corporation
Headquarters: Shanghai, China
Key Offering: Amorphous metal products and magnetic components
Shenke is a manufacturer of amorphous metal ribbons and finished magnetic components. Their cobalt-based offerings are used in applications demanding high frequency operation and minimal energy loss, such as switch-mode power supplies and RF components.
Technological Leadership:
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Integration of ribbon production with component manufacturing
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Focus on high-value applications in medical and defense electronics
1️⃣ 10. Orient Group (China) Co., Ltd.
Headquarters: Hebei, China
Key Offering: Amorphous and nanocrystalline ribbons
Orient Group completes our list as a significant manufacturer of amorphous metal products in China. The company produces cobalt-based ribbons that compete in both domestic and international markets, serving industries that require high magnetic performance and reliability.
Technological Leadership:
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Continuous improvement in production yield and cost efficiency
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Expansion of product portfolio to address emerging market needs
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Cobalt Based Amorphous Metal Ribbons Market – View in Detailed Research Report
🌍 Outlook: The Future of Cobalt Based Amorphous Metal Ribbons Is High-Performance and Sustainable
The cobalt based amorphous metal ribbons market is evolving toward higher performance specifications and more sustainable production methods. While traditional applications in transformers remain important, new opportunities in electric vehicles, renewable energy, and advanced electronics are driving innovation.
📈 Key Trends Shaping the Market:
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Increasing demand for high-frequency power electronics in 5G infrastructure and EVs
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Development of cobalt-reduced or cobalt-free amorphous alloys for cost and supply chain stability
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Advancements in nanocrystalline materials derived from amorphous precursors
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Growing emphasis on recycling and sustainable sourcing of cobalt
Get Full Report Here:
Cobalt Based Amorphous Metal Ribbons Market – View in Detailed Research Report
The companies listed above are not only supplying critical advanced materials—they’re enabling the next generation of energy-efficient technologies across multiple industries.
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