Beryllium Market Size, Share, Industry & Opportunities 2031
Beryllium Market Size, Share, Industry & Opportunities 2031
Segments - Beryllium Market by Product Types (Metals, Ceramics, Alloys, and Others), End-user Industry (Electronics & Telecommunication, Automotive, Oil & Gas and Other Energy, Healthcare, Aerospace & Defense, Industrial Components, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East and Africa)–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
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| Report ID :MC-1446
| 4.7 Rating
| 69 Reviews
| 173 Pages
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Report Description
Beryllium Market Outlook 2031
The beryllium market size was USD 410.53 Billion in 2022 and is anticipated to reach USD 495.84 Billion by 2031 expand at significant CAGR 2.12% during forecast period 2023–2031. Growth of the market is attributed to increasing usages of beryllium in military & aerospace applications, rising demand for beryllium in nuclear power generation.
A beryllium is a gray metal that has chemical characteristics similar to aluminum. It is fragile at room temperatures. It does not obtain in nature. Beryllium is found in minerals, beryl, and emerald. Beryllium is used in cogs and gears generally in the automation corporation. It has a low density and is relatively soft. To make non-sparking tools, springs, electrical contacts, gyroscopes, and spot-welding electrodes the beryllium is used as alloys with nickel and copper.
The covid-19 pandemic affected the demand and supply of beryllium market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Beryllium Market Trends, Drivers, Restraints, and Opportunities
- Increasing awareness among customers is projected to boost the market in the coming years.
- Increasing usages in medical equipment’s is the major factor fueling the market.
- High price of products is anticipated to restrict the market growth.
- Lack of awareness about beryllium is estimated to hamper the market expansion.
- R&D investment and technological advancement in beryllium is projected to create lucrative opportunities for the market players.
Scope of The Beryllium Market Report
The report on the beryllium market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Beryllium Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016-2021 |
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Forecast Period |
2023-2031 |
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Segmentation |
Product Types (Metals, Ceramics, Alloys, and Others), End-user Industry (Electronics & Telecommunication, Automotive, Oil & Gas and Other Energy, Healthcare, Aerospace & Defense, Industrial Components, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East and Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players covered in the Report |
NGK Metals Corp.; IBC Advanced Alloys Corp.; Belmont Metals; American Beryllia Inc.; Hunan Shuikoushan Nonferrous Metals Group Co. Ltd. (SKS); Materion Corp.; Advanced Industries International; Changhang Group; Esmeralda de Conquista Ltda; Zhuzhou Sinotech Industries; Applied Materials; TROPAG Oscar H. Ritter Nachf GmbH; Ningreia Orient Tantalum Industry Co. Ltd.; and Grizzly Mining Ltd. |
Beryllium Market Segment Insights
The alloys segment accounts for key share of the market
Based on product types, the beryllium market is divided into metals, ceramics, alloys, and others. The alloys segment accounts for a key share of the market. Growth of the market is attributed to increasing living standards of customers and increasing per capita income level. However, the metals segment is anticipated to expand at a rapid pace during the forecast period due to factors such as improved energy management and rising demand for beryllium in automotive industry.
The automotive segment accounts for a significant share of the market
On the basis of end-user industry, the market is categorized into electronics & telecommunication, automotive, oil & gas and other energy?, healthcare, aerospace & defense, industrial components, and others. The automotive segment accounts for a significant share of the market. Growth of the market is attributed to rising demand for beryllium for extending the service life and increasing production of vehicles.
However, the industrial components segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing domestic demand for beryllium and rising automotive fuel efficiency.
North America is estimated to hold a major market share
On the basis of region, the beryllium market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to increasing usages of beryllium in camera applications and as connecting material in battery. North America is expected to hold major market share due to rising demand for beryllium in high-temperature applications.
Segments
The beryllium market has been segmented on the basis of
Product Types
- Metals
- Ceramics
- Alloys
- Others
End-user Industry
- Electronics & Telecommunication
- Automotive
- Oil & Gas and Other Energy
- Healthcare
- Aerospace & Defense
- Industrial Components
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East and Africa
Key Players
- NGK Metals Corp.
- IBC Advanced Alloys Corp.
- Belmont Metals
- American Beryllia Inc.
- Hunan Shuikoushan Nonferrous Metals Group Co. Ltd. (SKS)
- Materion Corp.
- Advanced Industries International
- Changhang Group
- Esmeralda de Conquista Ltda
- Zhuzhou Sinotech Industries
- Applied Materials
- TROPAG Oscar H. Ritter Nachf GmbH
- Ningreia Orient Tantalum Industry Co. Ltd.
- Grizzly Mining Ltd.
Competitive Landscape
Key players competing in the beryllium market include NGK Metals Corp.; IBC Advanced Alloys Corp.; Belmont Metals; American Beryllia Inc.; Hunan Shuikoushan Nonferrous Metals Group Co. Ltd. (SKS); Materion Corp.; Advanced Industries International; Changhang Group; Esmeralda de Conquista Ltda; Zhuzhou Sinotech Industries; Applied Materials; TROPAG Oscar H. Ritter Nachf GmbH; Ningreia Orient Tantalum Industry Co. Ltd.; and Grizzly Mining Ltd.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Beryllium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Beryllium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Beryllium Market - Supply Chain
4.5. Global Beryllium Market Forecast
4.5.1. Beryllium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Beryllium Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Beryllium Market Absolute $ Opportunity
5. Global Beryllium Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Beryllium Market Size and Volume Forecast by End Users
5.3.1. Electronics & Telecommunication
5.3.2. Automotive
5.3.3. Oil & Gas and Other Energy
5.3.4. Healthcare
5.3.5. Aerospace & Defense
5.3.6. Industrial Components
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Beryllium Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Beryllium Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Beryllium Demand Share Forecast, 2019-2026
7. North America Beryllium Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Beryllium Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Beryllium Market Size and Volume Forecast by End Users
7.4.1. Electronics & Telecommunication
7.4.2. Automotive
7.4.3. Oil & Gas and Other Energy
7.4.4. Healthcare
7.4.5. Aerospace & Defense
7.4.6. Industrial Components
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Beryllium Demand Share Forecast, 2019-2026
8. Latin America Beryllium Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Beryllium Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Beryllium Market Size and Volume Forecast by End Users
8.4.1. Electronics & Telecommunication
8.4.2. Automotive
8.4.3. Oil & Gas and Other Energy
8.4.4. Healthcare
8.4.5. Aerospace & Defense
8.4.6. Industrial Components
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Beryllium Demand Share Forecast, 2019-2026
9. Europe Beryllium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Beryllium Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Beryllium Market Size and Volume Forecast by End Users
9.4.1. Electronics & Telecommunication
9.4.2. Automotive
9.4.3. Oil & Gas and Other Energy
9.4.4. Healthcare
9.4.5. Aerospace & Defense
9.4.6. Industrial Components
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Beryllium Demand Share Forecast, 2019-2026
10. Asia Pacific Beryllium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Beryllium Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Beryllium Market Size and Volume Forecast by End Users
10.4.1. Electronics & Telecommunication
10.4.2. Automotive
10.4.3. Oil & Gas and Other Energy
10.4.4. Healthcare
10.4.5. Aerospace & Defense
10.4.6. Industrial Components
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Beryllium Demand Share Forecast, 2019-2026
11. Middle East & Africa Beryllium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Beryllium Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Beryllium Market Size and Volume Forecast by End Users
11.4.1. Electronics & Telecommunication
11.4.2. Automotive
11.4.3. Oil & Gas and Other Energy
11.4.4. Healthcare
11.4.5. Aerospace & Defense
11.4.6. Industrial Components
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Beryllium Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Beryllium Market: Market Share Analysis
12.2. Beryllium Distributors and Customers
12.3. Beryllium Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. NGK Metals Corp.
12.4.2. IBC Advanced Alloys Corp.
12.4.3. Belmont Metals
12.4.4. American Beryllia Inc.
12.4.5. Hunan Shuikoushan Nonferrous Metals Group Co. Ltd. (SKS)
12.4.6. Materion Corp.
12.4.7. Advanced Industries International
Methodology
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