Beryllium is a colorless metal that can form covalent compounds with other elements. In addition to its metal-to-carbon ratio, this element can also bond with carbon directly, making it useful for many applications. Some of the most common beryllium alloys are alkyl and aryl compounds. Beryllium is also used in electrical contacts and springs. It can pass through X-ray detectors, making it a valuable component in the aerospace and defence industries. It can also be used in optical fibers and other electronic devices, including gyroscopes. Its alloys with copper and nickel are also used in the production of electrical contacts and gyroscopes.
Market Dynamics:
The high demand for beryllium-containing alloys from end industries is expected to spur market growth. The aerospace and defense industry is a major driver of the beryllium market growth. This material is used to make aircraft and missiles more maneuverable and improve targeting capabilities. It is also used in electronic products, including high-definition television and cable. Beryllium alloys are used in these products for their superior thermal conductivity and electrical insulation. These alloys offer superior properties such as low density, high thermal conductivity, dimensional stability at varying temperatures, and corrosion resistance.
However, the high cost of high-purity beryllium is likely to limit its growth in the near future.
Key features of the study:
- This report provides in-depth analysis of the global beryllium market, and provides market size (Metric tons) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global beryllium market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include American Beryllia Inc., American Elements, Belmont Metals, Hunan Shuikoushan Nonferrous Metals Group Co. Ltd (SKS), IBC Advanced Alloys, Materion Corporation, NGK Metals Corporation, and The Atomic Company "Kazatomprom"
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global beryllium market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global beryllium market
Detailed Segmentation:
- Global Beryllium Market, By End-User Industry
- Industrial Components
- Automotive
- Healthcare
- Aerospace and Defense
- Oil and Gas and Other Energy
- Electronics and Telecommunication
- Other End-user Industries
- Global Beryllium Market, By Product Type
- Alloys
- Metal
- Ceramics
- Other Industrial Products
- Global Beryllium Market, By Region
- Asia-Pacific
- North America
- Europe
- Rest of the World
- Company Profiles
- American Beryllia Inc.
- American Elements
- Belmont Metals
- Hunan Shuikoushan Nonferrous Metals Group Co. Ltd (SKS)
- IBC Advanced Alloys
- Materion Corporation
- NGK Metals Corporation
- The Atomic Company "Kazatomprom"