DUBLIN--(BUSINESS WIRE)--The "Global Beryllium Market - Segmented by Type, End-User Industry, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global beryllium market is expected to grow at a moderate rate during the forecast period, 2018 to 2023.
Asia-Pacific is expected to lead the market owing to its rapid growth in the consumer electronics industry. Beryllium is a silver grey metallic element created through stellar nucleosynthesis and is considered a rare element. It helps in enhancing several physical properties once it is extracted as an associate alloying part to copper, aluminum, magnesium, nickel, and iron. It is generally obtained from two naturally occurring sources of bertrandite ore and beryl.
The market is driven mainly by the accelerating use of beryllium in the manufacturing of connectors, springs, switches, and other components of electronic and electrical devices for aerospace & defense, automotive, oil, gas, energy, healthcare, telecommunications, and other products. 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. The market does face some drawbacks owing to the health concerns due to exposure to beryllium particulates and the high cost.
The United States is the world's leading source of beryllium, whereas China is the second, and Mozambique the third largest producer. Approximately 65% of the estimated global resources of non-pegmatitic beryllium are in the United States.
- American Beryllia Inc.
- Applied Materials
- Advanced Industries International
- Belmont Metals
- Changhong Group
- Esmeralda de Conquista Ltda
- Grizzly Mining Ltd.
- IBC Advanced Alloys Corp.
- Materion Corp.
- NGK Metals Corp.
- Ningxia Orient Tantalum Industry Co. Ltd.
- TROPAG Oscar H. Ritter Nachf GmbH
- Ulba Metallurgical Plant Jsc
- Zhuzhou Sinotech Industries
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
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