The global beryllium market has been estimated at XX tons in 2015 and is projected to reach XX tons by 2020, at a CAGR of XX.XX% during the forecast period from 2015 to 2020. Beryllium, a silver-grey metallic element, is created through stellar nucleosynthesis and is regarded as a rare element. It helps in enhancing many physical properties when it is added as an alloying element to copper, aluminium, magnesium, nickel, and iron. Beryllium is the 44th most abundant element on earth and majority (about 95%) of it is obtained by mining minerals containing 0.3% - 1.5% beryllium. It is usually obtained from two naturally occurring sources i.e. bertrandite ore and beryl (a by-product of small-scale emerald gemstone mining operations).
Beryllium, owing to its resistance to corrosion, fatigue, and extreme pressure, along with its superior characteristics such as excellent stiffness, high melting point, non-magnetic nature, and light-weight, is becoming an integral part of various commercial and industrial sectors. In the global beryllium market report, we have taken the following major end-user sectors into consideration: aerospace and defense, communications, medicine, transportation, oil, gas, & alternative energy, and others.
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Market Dynamics of the Global Beryllium Market:
Accelerating usage in the defense sector
Super characteristics leading to wide applications
Growing adoption of space exploration technologies.
High cost of the beryllium
Environmental concerns associated with an exposure to beryllium particulates
The global beryllium market is also geographically segmented on consumption and production basis.
In terms of production in 2015, the United States led the market with a share of XX.XX%. It was followed by China. With the majority of the world beryllium ore production taking place in the United States of America combined with the presence of Materion Corp., worlds leading producer of all form of beryllium products, makes the United States of America as one of the worlds largest beryllium production country.
Furthermore, the shifting focus towards usage in unmanned aerial systems, and rising demand and usage in the automotive sector (especially in the production of airbags) will offer numerous opportunities for the growth of the global beryllium market.
Some of the major companies dominating this market for its products, services, and continuous product developments are:
American Beryllia Inc.
IBC Advanced Alloys Corp.
NGK Metals Corp.
Ningxia Orient Tantalum Industry Co. Ltd.
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Key Deliverables in the Study:
Analysis for the global beryllium market , with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the global beryllium market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Key Questions Answered In This Report
· What will the market size and the growth rate be in 2022?
· What are the key factors driving this report?
· What are the key market trends impacting the growth of this report?
· What are the challenges to market growth?
· Who are the key vendors in this market space?
· What are the market opportunities and threats faced by the vendors in this report?
· Trending factors influencing the market shares of the Americas, APAC, and EMEA?
· What are the key outcomes of the five forces analysis of this report?
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