Beryllium Market Forecast And Strategies To 2025
The ‘Beryllium Market’ research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
"Global Beryllium Market is valued at USD 68.9 Million in 2019 and expected to reach USD 85.5 Million by 2025 with the CAGR of 3.12% over the forecast period."
Beryllium is a chemical element with atomic number 4 and the symbol Be. It can be found in gemstones such as beryl and chrysoberyl. It is a steel-gray, strong, light weight and brittle alkaline earth metal. It’s features such as high flexural rigidity, thermal stability, thermal conductivity and low density makes it suitable for aerospace material for aircraft components, missiles, spacecraft and satellites. Other than that it is also used in the manufacture of X-ray equipment, particle detectors, thermal management devices and in producing different alloys.
Key Players for Global Beryllium Market Report-
Some major key players for global Beryllium market are Materion Corporation, Ulba Metallurgical Plant, NGK Metals Corporation, IBC Advanced Alloys, KazAtomProm, Materion Corporation, American Beryllia Inc., Xinjiang Xinxin Mining Industry and others.
Global Beryllium Market Regional Analysis –
North America is dominating the beryllium market with highest share due to presence of raw materials, developed necessary infrastructure for beryllium extraction and process of different beryllium products and active research and development in this region. For instance; approximately 60% of global beryllium resources are in the United States and The United States, is one of only three countries that process beryllium ores and manufactures beryllium products, supplies most of the rest of the world. The production of beryllium in USA was 170 tonne in 2019, far more than other countries such as Brazil, China, Mozambique etc. who are leading beryllium producers. US share of beryllium production is more than 68%. Asia Pacific is the second dominating market of beryllium due to the second highest production region of beryllium mainly by China, growing economy of several countries and demand of beryllium in various industries.
The Beryllium market factors described in this report are:
-Key Strategic Developments in Beryllium Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.
Key Market Features in Global Beryllium Market:
The report highlights Beryllium market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Beryllium , market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Beryllium -United States Market Status and Trend Report 2020-2026 offers a comprehensive analysis on Beryllium industry, standing on the readers' perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
Global Beryllium Market Segmentation:–
By Application
- Industrial
- Consumer electronics
- Automotive electronics
- Defense
- Telecommunication
- Energy
- Medical
- Others
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