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Beryllium Market to see Rapid Growth by 2029|

07-13-2023 07:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research, Inc

Los Angeles, United States,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Beryllium market. It sheds light on how the global Beryllium market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global Beryllium market and the different players operating therein. The authors of the report have also provided qualitative and quantitative analyses of several microeconomic and macroeconomic factors impacting the global Beryllium market. In addition, the research study helps to understand the changes in the industry supply chain, manufacturing process, and cost, sales scenarios, and dynamics of the global Beryllium market.

For a sample report and detailed table of contents or if you are interested in acquiring the research, click here:  https://www.qyresearch.com/sample/1605082

 Each player studied in the report is profiled while taking into account its production, market value, sales, gross margin, market share, recent developments, and marketing and business strategies. Besides giving a broad study of the drivers, restraints, trends, and opportunities of the global Beryllium market, the report offers an individual, detailed analysis of important regions such as North America, Europe, and Asia Pacific. Furthermore, important segments of the global Beryllium market are studied in great detail with key focus on their market share, CAGR, and other vital factors.

 

Beryllium is a lightweight metallic element used in a wide variety of specialty and industrial applications. As a function of its unique chemical and physical properties, such as a high stiffness-toweight ratio, resistance to temperature extremes, and high thermal conductivity, beryllium cannot be easily replaced by substitute materials in applications where combinations of these properties make it the material of choice. Because the number of beryllium producers is limited and the use of substitute materials in specific defense-related applications that are vital to national security is inadequate, several studies have categorized beryllium as a critical and strategic material. This categorization has led to the United States Government recommending that beryllium be stockpiled for use in the event of a national emergency.

The extraction of beryllium from its main source's beryl and bertrandite involves several stages. After mining the ores, they are first converted to an acid-soluble form. To obtain comparatively pure beryllium hydroxide or oxide, and in a further step beryllium chloride or fluoride, complex chemical processes are used. These halogenides are then reduced to metallic beryllium with other metals or by melt electrolysis. The beryllium metal obtained is subject to one or more refining processes and finally to further treatment.

More specifically, three different metallurgical routes are followed according to the final product to be produced: metallic beryllium, beryllium oxide and beryllium into alloy. In case of metallic beryllium powder production, the procedure comprises the dissolving of Be(OH)2, BeO, and/or beryllium in ammonium bifluoride to form an ammonium beryllium fluoride (ABF) solution [(NH4)2BeF4]. This solution is then purified, evaporated, and crystallized to form ABF salt. In the pebbles plant, the ABF salt is fed into a fluoride furnace and heated to form glassy beryllium fluoride (BeF2). Subsequently, BeF2 is reduced with magnesium in a reduction furnace resulting in metallic beryllium pebbles within a magnesium fluoride (MgF2) matrix.

Beryllium industry in US is fully looped comprising: mining, ore processing, manufacture, sale and recycling of beryllium-bearing products. Japan does not extract beryllium ores but refine it from imports. Kazakshstan refines its beryllium from stockpiled ores and will most likely to continue to do so in the future.

Annual worldwide production of refined beryllium (in alloys, metal or ceramics) in 2021 is estimated at 256 tonnes. The global produced amount of metallic beryllium since 2000 is shown in Figure 18. As in case of beryllium concentrate, USA and China are main producers of refined beryllium (66% and 27% of the global amount in 2021). A minor beryllium production, less than 3% of the global, is taking place in Uganda.

Global Beryllium market is expected to reach to US$ 1135.9 million in 2023, with a positive growth of %, compared with US$ 1099.1 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Beryllium industry is evaluated to reach US$ 1184.5 million in 2029. The CAGR will be 0.7% during 2023 to 2029.

Global Beryllium key players include Materion, NGK Metals, Kazatomprom, CNMC NingXia Orient Group and Fuyun Hengsheng. Global top four manufacturers hold a share over 95%.

North America is the largest market, with a share about 58%, followed by Europe and China, both have a share over 10%.

In terms of product type, Beryllium Copper Alloys is the largest segment, with a share over 75%. And in terms of application, the largest application is Aerospace and Defense, followed by Industrial and Automotive.

Report Covers:

This report presents an overview of global Beryllium market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Beryllium market with multiple angles. Items like regional production, sales, revenue from 2018 to 2029 and manufacturers' capacity, sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.

Manufacturers, Type, Application and Regions Listed in the Report:

By Company

Materion

NGK Metals

Kazatomprom

Belmont Metals

American Elements

IBC Advanced Alloys

American Beryllia Inc.

China Minmetals

CNMC NingXia Orient Group

Fuyun Hengsheng

Emeishan Zhongshan

Segment by Type

Beryllium Copper Alloys

Beryllium Metal

Beryllium Oxide

Others

Segment by Application

Industrial

Aerospace and Defense

Automotive

Telecom and Data Center

Energy

Consumer Electronics

Semiconductor

Others

Production by Region

North America

Europe

China

Sales by Region

US & Canada

U.S.

Canada

China

Asia (excluding China)

Japan

South Korea

China Taiwan

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

Latin America, Middle East & Africa

Brazil

Mexico

Turkey

Israel

GCC Countries

Chapter Outline

Chapter 1: Product definition, type and application introduction

Chapter 2: Regional production volume analysis from 2018 to 2029

Chapter 3: Regional revenue and sales volume analysis from 2018 to 2029

Chapter 4: Manufacturers' sales, revenue and price analysis, including manufacturers' Beryllium plant distribution, commercial date of Beryllium, product type offered, Mergers & Acquisitions and expansion activities.

Chapter 5: Product sales, revenue and price analysis by type from 2018 to 2029 globally

Chapter 6: Product sales, revenue and price analysis by application from 2018 to 2029 globally

Chapter 7: Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029

Chapter 8: Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029

Chapter 9: Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029

Chapter 10: Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029

Chapter 11: Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.

Chapter 12: Manufacturers' outline, covering company's basic information, major business, Beryllium introduction, etc. Beryllium Capacity, Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023

Chapter 13: Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis

Chapter 14: Market opportunities and challenges analysis

Chapter 15: QYResearch's Conclusions of Beryllium

Chapter 16: Methodology and Data Sources adopted by QYResearch

Key Questions Answered

What will be the size and CAGR of the global Beryllium market in the next five years?
Which segment will take the lead in the global Beryllium market?
What is the average manufacturing cost?
What are the key business tactics adopted by top players of the global Beryllium market?
Which region will secure a lion's share of the global Beryllium market?
Which company will show dominance in the global Beryllium market?
Research Methodology

QY Research uses trustworthy primary and secondary research sources to compile its reports. It also relies on latest research techniques to prepare highly detailed and accurate research studies such as this one here. It uses data triangulation, top down and bottom up approaches, and advanced research processes to come out with comprehensive and industry-best market research reports.

Inquire Customization in Report Click Here: https://www.qyresearch.com/customize/1605082

Contact Us
QY RESEARCH, INC.
17890 CASTLETON STREET
SUITE 369, CITY OF INDUSTRY
CA - 91748, UNITED STATES OF AMERICA
+1 626 539 9760 / +91 8669986909
rahul@qyresearch.com / enquiry@qyresearch.com

About Us

QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become a brand of quality assurance in the consulting industry.

 

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