Beryllium Market
Beryllium Market Study by Alloys, Metals, and Ceramics for Industrial Components, Automotive, Healthcare, Aerospace & Defense, Oil & Gas, Electronics & Telecommunication, and Others from 2023 to 2033
Analysis of Beryllium Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
FREE CustomizationBeryllium Market Growth Outlook (2023 to 2033)
The global beryllium market is valued at US$ 119.1 million in 2023 and is anticipated to reach US$ 204 million by 2033, with worldwide demand for beryllium advancing at a CAGR of 5.5% from 2023 to 2033.
Beryllium is generally found in gemstones such as chrysoberyl and beryl. It is a robust, lightweight, and brittle steel-gray metal. Its low density, thermal stability, thermal conductivity, and flexural rigidity are among the many features that make it a highly suitable material for various aerospace applications, including components for satellites, spacecraft, missiles, and aircraft.
In addition to its use in aerospace materials, beryllium is also employed in thermal management, particle detectors, and X-ray equipment, as well as in the production of various alloys. Nowadays, bertrandite ore is the primary source for manufacturing these alloys. Due to the growing global demand for beryllium, mining companies are expected to explore and invest in new mining sites to meet this demand.
- The United States and Europe are conducting studies to explore the applications of beryllium in the defense and space industries.
Growing demand for beryllium can be attributed to its exceptional properties, such as heat dissipation and stiffness, low density and weight, dimensional stability across different temperatures, and heat-absorbing capacity.
Furthermore, the high thermal conductivity and melting point of beryllium are expected to further boost demand in various industries. Key end-use industries that are driving the demand for beryllium include aerospace and defense, consumer electronics, and telecommunications.
Beryllium is frequently alloyed with magnesium, iron, copper, and aluminum, which has fueled its demand in medical, electronics, and industrial applications. The popularity of beryllium is on the rise due to the exceptional properties of its alloys, such as long-lasting spring and corrosion resistance.
Rising demand for third- and fourth-generation technologies is boosting the power and bandwidth speed of mobile communications. Additionally, the investment by mining companies in new mining sites is creating positive market opportunities. Furthermore, recycling beryllium from scrap metal can provide lucrative opportunities for industry players.
On the flip side, the high cost of beryllium and its limited availability worldwide are expected to hinder its sales through 2033. The depletion of raw material resources could also have a negative impact on potential opportunities. Furthermore, the presence of several low-cost substitutes, such as aluminum, titanium, and copper alloys, is projected to limit the adoption of beryllium globally.
| Report Attributes | Details |
|---|---|
| Beryllium Market Size in 2023 | US$ 119.1 Million |
| Anticipated Market Value (2033) | US$ 204 Million |
| Forecasted Market Growth Rate (2023 to 2033) | 5.5% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 3.1% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 3% CAGR |
| Key Companies Profiled | Materion Corporation; Alliance Design and Development Group, Inc.; Imperial Metal Industries Limited; Farmers Copper Ltd.; Stanford Advanced Materials; Aviva Metals, Inc.; IBC Advanced Alloys Corporation; NGK Metals Corporation |
What Factors are Driving High Demand for Beryllium Worldwide?
“Increasing Utilization of Beryllium in Aerospace Industry”
Beryllium finds extensive applications across various industrial sectors, such as aerospace and defense, automotive, energy, medical, and consumer electronics.
The most commonly used form of beryllium is its alloy strips, which are employed in the majority of applications. Additionally, beryllium composite and unalloyed beryllium are used in scientific and defense applications.
Beryllium possesses several noteworthy properties that make it highly suitable for use in the aerospace industry, such as being the lightest among other metals, having dimensional stability across a wide temperature range, and having one of the highest melting points. Additionally, its alloy properties, such as high strength, thermal conductivity, hardness, non-magnetic nature, and corrosion and fatigue resistance, make it efficient for use in a wide range of applications.
“Growing Use of Beryllium in Automotive Industry”
The automotive industry extensively utilizes beryllium as a connector material for high-temperature and battery applications. Additionally, it is abundantly used in optical filters for cameras, sensors, speed control, and night vision applications. Beryllium is also used in the form of a high-performance alloy, CuBe for powertrain applications. Metal matrix composites containing beryllium are employed for brake, suspension, and chassis component applications.
Rapid growth of the automotive industry is estimated to bring in substantial revenue for manufacturers and suppliers of beryllium over the next 10 years. Moreover, beryllium alloys are also used in lifesaving technologies, such as automotive airbags, which work within a fraction of a second to save passengers' lives. Anti-lock brakes also rely on beryllium alloys for the transmission of electrical signals through terminal connections to prevent collisions.
Asia Pacific holds a significant position as a producer of vehicles in the world, and thus, demand for beryllium is growing in the region. Japan, China, and India are some leading vehicle producers in the region.
- Vehicle production in Asia Pacific grew by 6% in 2022 after reaching 48 million units in 2021.
Which Factors are Hindering Global Adoption of Beryllium?
“Increasing Cost of Beryllium and Easy Availability of Substitutes”
The prices of beryllium alloys have increased considerably in recent years. Thus, manufacturers in the automotive industry are looking for substitutes for beryllium to decrease their production costs.
Which Regions Account for High Sales of Beryllium?
“Developed Extraction Infrastructure for Beryllium in North America”
North America is expected to hold a significant share of the beryllium market. The presence of developed infrastructure for beryllium extraction and the availability of raw materials in the region are driving lucrative opportunities. Increased research and development activities focused on beryllium and its applications are also likely to contribute to revenue share.
For instance:
- Around 60% of the world's total beryllium resources are located in the United States. The United States is one of only three countries that process beryllium ores and manufacture beryllium products, which are then supplied to the rest of the world.
“Growing Demand for Beryllium from Various Industries in Asia Pacific”
Asia Pacific is the second-most prominent region with lucrative opportunities for beryllium manufacturers, following North America. Asia Pacific is notable for producing a substantial amount of beryllium, particularly in China. The rapid economic growth in the countries of Asia Pacific, coupled with the growing demand for beryllium across various industries, is driving its sales in this region.
Country-wise Insights
What’s Driving the Consumption of Beryllium in Japan?
“Presence of Key Global Beryllium Suppliers in Japan”
Demand for beryllium in Japan is projected to advance at a CAGR of 2.7% from 2023 to 2033. Japan accounts for a significant portion of beryllium imports in Asia Pacific. Moreover, the presence of key industry players in the country can further provide growth opportunities.
Why Makes the United States a Lucrative Market for Beryllium Manufacturers?
“Growing Demand for Beryllium in Consumer Electronics, Industrial, and Defense Sectors”
According to data provided by Fact.MR, a provider of market research and competitive intelligence, the United States accounted for 68% of the global beryllium production in 2019, which was 170 tons. Rising demand for beryllium in the consumer electronics, industrial, and defense sectors in the United States is driving growth opportunities. Additionally, the increasing investment in the defense sector, along with the growing demand for beryllium in the defense and aerospace industries in the country, is further boosting its sales.
Increasing utilization of beryllium in solar energy systems is expected to push its demand in Canada and the United States. The demand for beryllium in Canada is anticipated to expand at a CAGR of 3.1% from 2023 to 2033.
Which Factors are Contributing to High Demand for Beryllium in Germany?
“Rising Penetration of Electric Vehicles in Germany”
Demand for electric vehicles (EVs) is growing at a noticeable speed in Germany, which is further propelling demand for beryllium to be used in EVs. Thus, sales of beryllium in Germany are predicted to advance at a CAGR of 3% from 2023 to 2033.
Category-wise Insights
Why Do the Aerospace and Defense Sectors Account for High Sales of Beryllium?
“Growing Utilization of Beryllium Alloys in Military Jets”
Demand for beryllium is being stimulated by a range of end-use industries globally, including industrial components, electronics, telecommunications, automotive, healthcare, aerospace and defense, oil and gas, and other energy sectors. Among these, the demand for beryllium in the aerospace and defense sector is estimated to expand at a CAGR of 5.6% from 2023 to 2033.
Beryllium's unique features, such as low weight and high strength, are driving its demand across the globe. Beryllium alloys are employed in military jets to enhance their maneuverability and provide advanced targeting capabilities.
Additionally, beryllium is extensively used in producing connectors for computers and cell phones, as well as in high-definition television and cable manufacturing. The high thermal conductivity and exceptional electrical insulation of beryllium are responsible for its increased utilization in consumer electronics.
Competitive Landscape
Beryllium suppliers are investing in their supply chain management systems to meet the growing global demand and maintain product standards as per regulatory guidelines. To reduce environmental impact, some manufacturers are taking eco-friendly initiatives.
Manufacturers are actively involved in developing more efficient beryllium products to generate more leads in the target market.
For instance,
- In July 2022, Materion Corporation collaborated with Kairos Power to establish an MSPP (molten salt purification plant) at Materion in Elmore, Ohio, to commercially manufacture FLiBe. FLiBe is a type of molten salt coolant utilized in nuclear energy production. As the leading domestic supplier of beryllium fluoride components for energy solutions, Materion's commissioning of the MSPP is a significant step towards enhancing the production of FLiBe.
Materion Corporation, Alliance Design and Development Group, Inc., Imperial Metal Industries Limited, Farmers Copper Ltd., Stanford Advanced Materials, Aviva Metals, Inc., IBC Advanced Alloys Corporation, and NGK Metals Corporation are key producers and suppliers of beryllium.
Beryllium Industry Segmentation
-
By Type :
- Alloys
- Metals
- Ceramics
- Others
-
By End Use :
- Industrial Components
- Automotive
- Healthcare
- Oil and Gas and Other Energy Sources
- Aerospace and Defense
- Electronics and Telecommunication
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1 Alloys
- 9.2 Metals
- 9.3 Ceramics
- 9.4 Others
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
- 10.1 Industrial Components
- 10.2 Automotive
- 10.3 Healthcare
- 10.4 Oil and Gas and Other Energy Sources
- 10.5 Aerospace and Defense
- 10.6 Electronics and Telecommunication
- 10.7 Others
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1 North America
- 11.2 Latin America
- 11.3 Europe
- 11.4 East Asia
- 11.5 South Asia
- 11.6 Oceania
- 11.7 Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1 Materion Corporation
- 21.2 Alliance Design and Development Group, Inc.
- 21.3 Imperial Metal Industries Limited
- 21.4 Farmers Copper Ltd.
- 21.5 Stanford Advanced Materials
- 21.6 Aviva Metals, Inc.
- 21.7 IBC Advanced Alloys Corporation
- 21.8 NGK Metals Corporation
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End Use
List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By End Use, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By End Use, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By End Use, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By End Use, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By End Use, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By End Use, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By End Use, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By End Use, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By End Use, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By End Use, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By End Use, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End Use, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By End Use, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By End Use, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By End Use, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By End Use, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By End Use, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By End Use, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By End Use, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By End Use, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By End Use, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By End Use, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By End Use, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By End Use, 2023 (E)
- FAQs -
What is the current valuation of the beryllium market?
The global beryllium market is valued at US$ 119.1 million in 2023.
What is the demand forecast for beryllium by 2033?
Worldwide demand for beryllium is predicted to reach US$ 204 million by the end of 2033.
At what rate is the demand for beryllium projected to increase through 2033?
Global consumption of beryllium is anticipated to rise at a CAGR of 5.5% through 2033.
How will the Canadian market perform over the next 10 years?
Demand for beryllium in Canada is forecasted to advance at a CAGR of 3.1%.
Which region is anticipated to generate substantial sales of beryllium?
North America is predicted to hold a significant share of the global market through 2033.
Which end-use industry accounts for a leading share of beryllium usage?
The aerospace and defense sectors will hold a leading share of the market from 2023 to 2033.
Who are the leading suppliers of beryllium around the world?
Materion Corporation, Imperial Metal Industries, and NGK Metals are key beryllium producers.
Beryllium Market