About Beryllium Metal
Beryllium is a rare metal extracted from mainly two types of cores - Beryl & Bertrandite. Products made from beryllium are used in the aerospace, computer, defense, medical, nuclear, and telecommunications industries. While beryllium is only refined in the US, Kazakhstan, and China, beryl is mined in a number of countries, including China, Mozambique, Nigeria, and Brazil. The US is the world leader in the beryllium market, with more than 87% share of the world beryllium output. Other important beryllium manufacturing countries include China, Mozambique, Brazil, and Madagascar. Manufacturing beryllium from ores is a costly procedure, while manufacturing from recycled products is cost-efficient.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Beryllium Metal Market is a highly competitive industry, with numerous players vying for market share. The market is dominated by major companies that are continuously deploying various strategies to expand their product portfolios, enter into mergers & acquisitions, and develop, test, and introduce more effective products. Analyst at AMA Research estimates that United States & Chinese Vendors will contribute the maximum growth to Global Beryllium Metal market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Materion Corp (United States), Ulba Metallurgical Plant (Kazakhstan), METROPOL Group (Russia), Fuyun Hengsheng Beryllium Industry Co. (China), Juhua Group (China), Nantong Yongsheng (China), Shaowu Huaxin (China), Dow Chemical (United States), Tianyu Group (China) and Fugujingfu (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are American Beryllia Inc. (United States), Belmont Metals (United States), Changhong Group (China), Grizzly Mining Ltd. (Zambia ), IBC Advanced Alloys Corp. (Canada) and NGK Metals Corp. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Beryllium Metal market by Type (Optics Grade , Military and Aerospace Grade , Nuclear Grade and Others), Application (Aerospace , Nuclear and Energy , Imaging Technologies and Others) and Region.
On the basis of geography, the market of Beryllium Metal has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Manufacturing Processes, the sub-segment i.e. Net-Shape will boost the Beryllium Metal market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Used In Aerospace & Defense to Meet High-Performance Requirements
Market Growth Drivers:
Growing Computer and Telecommunications Infrastructure Worldwide and Increasing Demand for Automotive Electronics
Challenges:
Complex Processing Technique
Restraints:
Availability of Low-Cost Substitutes
Opportunities:
Research Regarding Nuclear Fuel Pellet Could Boost Demand and The Advent of New Alloys of Beryllium Widening Application Areas
Market Leaders and their expansionary development strategies
In July 2023, Abracon announced the acquisition of NEL Frequency Controls, Inc. Abracon and NEL Frequency Controls will accelerate innovation, new product development, time-to-market, and enterprise growth by combining core strengths across product management, engineering, sales, and marketing. This alliance allows both companies to share expertise from their respective markets, collaborate on product strategies, enhance and scale go-to-market capabilities, and better serve customers through complementary product offerings.
In March 2023, Taitien Electronics introduced O3 TYPE tiny size high precision crystal oscillator, to fulfill the high precision, tiny size, and low-power mobile application requirement. The O3 type package size is 1.65 x 1.25mm, which is 60% smaller than 2.50 x 2.00mm package. It is easy to adapt to various small-scale design applications.
Key Target Audience
Manufacturing Companies, Potential Investors, Research & Development, Market Research & Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.