Lucintel's latest market report analyzed that bulk metallic glass provides attractive opportunities in the consumer electronics and wearables, biomedical, sporting equipment, and aerospace/defense industries. The bulk metallic glass market is expected to reach $XX billion by 2028 with a CAGR of 17% to 19%. In this market, metal-metal is the largest segment by product, whereas consumer electronics and wearablesis largest by end use industry. Growing potential in biomedical applications ranging from orthopedic and cardiovascular to dental implants and fillers and emergence of BMG 3D printing technology to solve challenges related to room temperature brittleness and also bottleneck issues related to formation and manufacturing.
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Based on product, the bulk metallic glass market is segmented into metal-metal and metal-metalloid. The metal-metal segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its offerings such as higher structural strength and good ductility to materials.
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The Bulk Metallic Glass Market is marked by the presence of several big and small players. Some of the prominent players offering bulk metallic glass include Adamant Namiki Precision Jewel, RS ACCIAI S.r.l., Vulkam, Heraeus Holding, Eutectix, Hitachi Metals, Liquidmetal Technologies.
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