Nanocrystalline alloys are materials based on Fe, Si and B as well as Nb and Cu. They are produced in thin ribbons by rapid solidification technology, initially amorphous, and then crystallized in heat treatment at about 500-600 ° C. This results in the microstructure of very fine grains with a grain size of 10 nanometers - hence known as nanocrystals. These nanocrystalline alloys have low magnetic anisotropy and low magnetostriction, and have high magnetic flux density BS and good thermal stability.
According to the new market research report “Global Iron-Based Nanocrystalline Ribbons Market Report 2023-2029”, published by QYResearch, the global Iron-Based Nanocrystalline Ribbons market size is projected to reach USD 0.56 billion by 2029, at a CAGR of 9.4% during the forecast period.
Figure. Global Iron-Based Nanocrystalline Ribbons Market Size (US$ Million), 2018-2029
Figure. Global Iron-Based Nanocrystalline Ribbons Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
The global key manufacturers of Iron-Based Nanocrystalline Ribbons include Vikarsh Nano, JoinChina Advanced Materials, OJSC MSTATOR, Bomatec, Orient Group, Londerful New Material, Foshan Huaxin, Henan Zhongyue, China Amorphous Technology, Qingdao Yunlu, etc. In 2021, the global top five players had a share approximately 26.0% in terms of revenue.
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