IMARC Group’s latest research report, titled “Beryllium Market Outlook: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global beryllium market share reached a value of US$ 153.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 213.6 Million by 2027, exhibiting a CAGR of 5.40% during 2022-2027. Beryllium is a gray metal of the alkaline earth metal group with atomic number 4 naturally occurring in minerals such as beryl. It is steel gray in color, light and strong but brittle, and mainly used as a hardening agent in alloys.
It has the highest melting point of light metals. Beryllium exhibits excellent thermal and electrical conductivity, resists attack by concentrated nitric acid and is non-magnetic in nature. Beryllium and its alloys effectively manufacture functioning products that cater to a wide range of end-use industries, such as aerospace, energy, automotive, medical, electronics, and defense, thus catalyzing the market growth
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by product type and end use industry.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Beryllium Market
- Strategies of major players and product offerings
The global market is majorly driven by the increasing usage of beryllium in aerospace and military applications. In line with this, the growing requirement for chemical metal in medical equipment is significantly contributing to the market. Furthermore, the rising product demand in the automotive electronics industry as the connector material for battery and high-temperature applications is positively influencing the market. Additionally, the augmenting demand for beryllium in optical filters for night vision, speed control, sensors, and camera applications is providing a boost to the market.
Key Players Included in Global Beryllium Market Research Report:
- American Beryllia Inc.
- American Elements
- Belmont Metals Inc.
- IBC Advanced Alloys Corp
- Materion Corporation
- NGK Metals Corporation
- Texas Mineral Resources Corp.
- Xinjiang Xinxin Mining Industry Co. Ltd.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
End Use Industry:
- Industrial Components
- Aerospace and Defense
- Oil and Gas and Other Energy?
- Electronics and Telecommunication
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Beryllium Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Beryllium Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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