Scope of the Study
Beryllium is a rare metal extracted from mainly two types of cores - Beryl & Bertrandite. Products made from beryllium are used in the aerospace, computer, defense, medical, nuclear, and telecommunications industries. While beryllium is only refined in the US, Kazakhstan, and China, beryl is mined in a number of countries, including China, Mozambique, Nigeria, and Brazil. The US is the world leader in the beryllium market, with more than 87% share of the world beryllium output. Other important beryllium manufacturing countries include China, Mozambique, Brazil, and Madagascar. Manufacturing beryllium from ores is a costly procedure, while manufacturing from recycled products is cost-efficient.
The market study is being classified by Type (Optics Grade , Military and Aerospace Grade , Nuclear Grade and Others), by Application (Aerospace , Nuclear and Energy , Imaging Technologies and Others) and major geographies with country level break-up.
Materion Corp (United States), Ulba Metallurgical Plant (Kazakhstan), METROPOL Group (Russia), Fuyun Hengsheng Beryllium Industry Co. (China), Juhua Group (China), Nantong Yongsheng (China), Shaowu Huaxin (China), Dow Chemical (United States), Tianyu Group (China) and Fugujingfu (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are American Beryllia Inc. (United States), Belmont Metals (United States), Changhong Group (China), Grizzly Mining Ltd. (Zambia ), IBC Advanced Alloys Corp. (Canada) and NGK Metals Corp. (United States).
Research Analyst at AMA predicts that United States & Chinese Vendors will contribute to the maximum growth of Global Beryllium Metal market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Beryllium Metal market by Type, Application and Region.
On the basis of geography, the market of Beryllium Metal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Computer and Telecommunications Infrastructure Worldwide
- Increasing Demand for Automotive Electronics
Market Trend
- Used In Aerospace & Defense to Meet High-Performance Requirements
Restraints
- Availability of Low-Cost Substitutes
Opportunities
- Research Regarding Nuclear Fuel Pellet Could Boost Demand
- The Advent of New Alloys of Beryllium Widening Application Areas
Challenges
- Complex Processing Technique
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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