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

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

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.

Attributes	Details
Report Title	Beryllium Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016-2021
Forecast Period	2023-2031
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)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East and Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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.

Beryllium Market Key Players

Table Of Content

1. Executive Summary
2. 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 (000â€™ 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