Liquid Metals Global Market Report 2025

The liquid metals market size has grown strongly in recent years. It will grow from $2.27 billion in 2024 to $2.44 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to growing reliance on advanced thermal management solutions, rising adoption of automation, increasing adoption of 3D printing, growing adoption of wearable technology, and growing adoption of liquid metal alloys.

The liquid metals market size is expected to see strong growth in the next few years. It will grow to $3.37 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growing construction of smart facilities, increasing demand for innovative solutions, growing demand for artificial intelligence, growing interest in sustainable and eco-friendly materials, and increasing focus on minimally invasive procedures. Major trends in the forecast period include autonomous driving technologies, advanced thermal management solutions, advanced consumer electronics, strategic collaborations, and integration of robotics.

The forecast of 8.4% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through restricted imports of gallium and indium from China and South Korea, essential for semiconductor and Liquid Crystal Display(LCD) production, potentially disrupting electronics manufacturing supply chains. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growing development of smart facilities is expected to drive the expansion of the liquid metals market. Smart facilities are technology-driven buildings that integrate the Internet of Things, artificial intelligence, and automation to improve management, enhance user experiences, and save energy. The demand for energy-efficient and automated infrastructure is fueling the growth of these facilities. Liquid metal is used in smart facilities to improve thermal management and enable self-healing conductive systems in advanced infrastructures. For example, a report by TNS Electrical Solutions, a UK-based commercial electrical service company, in August 2024 revealed that the UK had 7.2 million smart homes, making up 24.4% of the country’s households. It is projected that by 2027, the number of smart homes will increase to 15.1 million, representing more than 50.2% of all UK households. As a result, the rise in smart facility construction is driving the growth of the liquid metals market.

Companies in the liquid metals market are focusing on technological innovations, such as 3D printing, to improve manufacturing precision, scalability, and cost-effectiveness while broadening industrial applications. 3D printing, an additive manufacturing technique, creates objects layer by layer from digital designs using materials such as metals, plastics, or ceramics. For example, in March 2024, Fluent Metal, a US-based 3D printing company, launched its liquid metal printing (LMP) technology and raised $5.5 million in venture capital funding. The company aims to transform metal additive manufacturing by using a drop-on-demand approach with wire feedstock, which produces high-quality metal parts in a single-step process. This method reduces material waste, cuts energy consumption, and overcomes the safety and regulatory challenges that traditional powder-based systems face.

In October 2023, Indium Corporation, a US-based materials manufacturing company, acquired Safi-Tech Inc. for an undisclosed sum. This acquisition enhances Indium Corporation’s low-temperature soldering portfolio by incorporating Safi-Tech's innovative supercooled liquid metal microcapsule platform. Safi-Tech Inc. is a US-based company specializing in liquid metal soldering solutions.

Liquid metals are metallic substances that remain in a liquid state at or near room temperature or under specific conditions. They possess high thermal and electrical conductivity, excellent fluidity, and distinctive mechanical properties, making them ideal for use in thermal management and advanced manufacturing due to their versatility and efficiency.

The main types of liquid metals include gallium, mercury, alloys, and others. Gallium is a soft, silvery metal that stays solid at room temperature but melts just above it, making it useful for various applications. These metals are available in different forms, including liquid, paste, and powder, and are distributed through direct sales, online platforms, distributors, wholesalers, and retail outlets. They are used in a range of applications, such as thermal management, flexible electronics, and 3D printing, and are employed across various industries, including electronics, healthcare, automotive, aerospace, and more.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a significant impact on the metals and minerals sector, disrupting supply chains for automakers, appliance manufacturers, and infrastructure projects. With reduced competition from imports, domestic mills have increased prices, yet capacity limitations hinder their ability to fully meet demand. At the same time, mining companies are facing challenges from retaliatory tariffs on key mineral exports, especially lithium and rare earth elements. In response, industry participants are ramping up investments in scrap metal recycling, seeking tariff exemptions, and forming joint ventures with international producers to ensure a more reliable supply chain.

The liquid metals market research report is one of a series of new reports that provides liquid metals market statistics, including liquid metals industry global market size, regional shares, competitors with a liquid metals market share, detailed liquid metals market segments, market trends and opportunities, and any further data you may need to thrive in the liquid metals industry. This liquid metals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major players in the liquid metals market are GROB-WERKE GmbH & Co. KG, Aluminium Bahrain B.S.C., TRIMET Aluminium SE, Indium Corporation, SEKISUI KYDEX LLC, Kool Creations Ltd., Dongguan EONTEC. Co., Ltd., Permatex Inc., Liquidmetal Technologies Inc., Evolve India, Luxface Limited, Metaliqx Pte Ltd., Laurameroni Srl, Vishal Essential Oils & Chemicals, DIAMANT Polymer GmbH, Sino Santech Materials Technology Co. Ltd., Jaytee Alloys & Components Limited, SHB Chemicals Ltd., Liquid Metals Group Co. Ltd., Liqui-Met, Chemford International, and CMR Green Technologies Ltd.

Asia-Pacific was the largest region in the liquid metals market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in liquid metals report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the liquid metals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The liquid metals market consists of sales of liquid metal thermal pads, flexible intelligent equipment, thermal paste, electronic ink, and composite phase change energy storage capsules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.