3 pivotal trends to propel metallic glass market outlook over 2020-2026

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Metallic Glass Market 2021 Size, Growth,
Demand, Opportunities Forecast To 2026
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Global Market Scenario of Metallic Glass Industry

• Similar studies are set to augment the global
  metallic glass market size, which is projected to
  exceed USD 2.08 billion by 2026, according to the
  latest research by Global Market Insights, Inc
• The latest trends in the metallic glass industry
  are driven by an increasing number of research
  and development initiatives undertaken by various
  organizations at the global level. One such study
  was conducted at the National University of
  Science and Technology MISIS (NUST MISIS) in
  October 2020. The initiative has been successful
  in developing a unique method for the purpose of
  processing bulk metallic glasses.
• As per the authors of the research, they have
  managed to devise processing conditions that
  bring about a substantial improvement in the
  quality of this promising material. The results
  of this study were reportedly published in the
  Journal of Alloys and Compounds.
• A rise in the number of research and development
  activities in the region is likely to push
  industry growth over the anticipated span. The
  Europe metallic glass market is projected to
  account for nearly 24 per cent of the total
  revenue through 2026.

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• The electric industry in the United Kingdom and
  Germany together holds a valuation of more than
  USD 200 billion. An upsurge in developments
  across the regional electric industry, the rising
  demand for sporting equipment, as well as an
  increase in the consumption of electronic devices
  will boost market expansion in the region.
• Rising demand for metallic glass in the medical
  industry
• Multiple metallic glass properties pertaining to
  strength and material are likely to bring
  remarkable revenue to the medical segment in the
  metallic glass market. The product is used in the
  medical industry for the production of orthopedic
  screws, cardiovascular stents, and surgical
  instruments.
• The shrinkage in the production of glass is
  minimal, as it is manufactured by deploying the
  thermoplastic method. This allows the material to
  be produced in versatile compositions, shapes,
  sizes, and forms. This aspect has caused a major
  improvement in the economies of scale, lowering
  the costs of production by a significant amount.

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360 Industry Analysis

• Metallic glass is extensively used across
  numerous sectors owing to its capacity to be
  casted at much lower cooling rates. These
  industries comprise sporting, aerospace, as well
  as automotive.
• The market is further propelled by the wide range
  of metallic glass applications in elevated
  temperature environments. This is primarily on
  account of soaring advancements in the methods of
  manufacturing and considerable improvements in
  material technology.
• On the whole, the increasing focus of prominent
  metallic glass market players on collaborative
  strategies such as acquisitions, mergers, and
  partnerships is touted to spur product demand
  over the forthcoming years.
•  

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• Competitive Analysis
• Hitachi Metals Ltd., Liquidmetal Technologies
  Inc., Usha Amorphous Metals Limited, RS Alloys,
  Antai Technology Co., Ltd., PX Group SA, EPSON
  ATMIX Corporation, Heraeus Holding, PrometalTech,
  Materion Corporation are some of the key players
  operating in the Metallic Glass market.

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