The beryllium hydroxide market generated US$ 37.09 million in 2022 in terms of revenue. This market is anticipated to reach US$ 44.86 million by 2032, expanding at a remarkable CAGR of 1.92%.
Attributes
Details
Beryllium Hydroxide Market CAGR
1.92%
Beryllium Hydroxide Market (2022)
US$ 37.09 Million
Beryllium Hydroxide Market (2032)
US$ 44.86 Million
As the global chemicals market transitions into a period of recovery, companies are focusing on identifying and seizing new opportunities. The global beryllium hydroxide market is growing as a result of factors such as the rising demand for beryllium oxide in various sectors, particularly in the nuclear, aerospace, telecommunications, and information technology industries. The rise in beryllium oxide and beryllium metal demand from various end-use industries is responsible for the expansion of the beryllium hydroxide market. While beryllium metal has many uses, including in the aerospace, defence, and automotive sectors, beryllium oxide is utilized as a precursor in the production of optical fibres.
Since it is lighter and may replace heavier parts, beryllium hydroxide is frequently used by manufacturers in the production of aeronautical parts. Additionally, it plays a big role in the production of several parts for fuel-efficient and passenger automobiles. Due to its great electrical insulation and strong thermal conductivity, beryllium is quickly gaining ground in the production of connections used in computers and cell phones. Along with this, the burgeoning downsizing trend in electronics and the explosive growth in consumer electronics sales as a result of rising consumer disposable incomes, better lifestyles, and quick urbanization is accelerating the product demand.
Beryllium is a delicate, light, silver-grey metal that is both robust and frail chemically. Of all the light metals, beryllium has the highest melting point. It has good thermal and electrical conductivities, is nonmagnetic, and can withstand attacks from strong nitric acid. Due to its low atomic number, it is highly permeable to X-rays. Four grades of high-purity beryllium foil, with purity levels ranging from 98.5% to 99.8%, are offered by certain significant companies for use in x-ray applications.
By focusing on digitalizing operations and adjusting to new technologies in robotic automation and artificial intelligence, market participants in the beryllium hydroxide market are aligning their operating model to the new standard. For instance, in March 2021, California-based Radian Audio and Materion Corp., a top manufacturer of beryllium and its hydroxide, announced their collaboration to create superior acoustic beryllium diaphragms for use in high-end loudspeakers for the audiophile market. For more than 20 years, Materion has made beryllium speaker domes, cones, and diaphragms, providing high-end speaker manufacturers all around the world.
In comparison to factory original or other aftermarket diaphragms, international manufacturers are developing diaphragms that offer great efficiency and quality of sound with extended bandwidth. All diaphragms provide exceptional value, repeatability, and dependability. Genuine Acoustic Beryllium is used to create the diaphragm domes, which are then fused to pure aluminium edge wound voice coils using a former that employs special bonding techniques. This Acoustic Beryllium has the lowest total moving mass of any commercially available dome material, which considerably improves responsiveness while maintaining rigidity across a broad frequency range. It is also the lightest and stiffest of any existing dome materials.
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Beryllium Hydroxide Market: Global Industry Analysis and Opportunity Assessment 2015-2025 Overview
Beryllium hydroxide is an amphoteric compound with chemical formula Be(OH)2. An amphoteric chemical compound is so called, due to its nature of acting either as base or an acid during the chemical reaction. Amphoteric behavior is dependent upon the oxidation state of the oxide.
Beryllium hydroxide is vivid white, opaque crystals and slightly soluble in water; synonymously known as Beryllium dihydroxide.
Industrially, Beryllium hydroxide is obtained as a byproduct in the extraction of beryllium metal from the ores beryl and bertrandite. Beryl ores are usually imported whereas Bertrandite ore is obtained from mining activities. Beryllium Hydroxide thus produced is used in the processing of Beryllium-Metal alloys, Copper Beryllium master alloy and in ceramic processing to get Beryllium Oxide Ceramic shapes.
Beryllium hydroxide is used as an intermediate in the manufacture of beryllium and beryllium oxide. Its the universal raw material for the production of Beryllium and all other forms.
Beryllium is the fourth element on the periodic table and the 44th most abundant element in the earth’s crust. It occurs in rocks and minerals, although the most highly enriched beryllium deposits are found in granitic pegmatites. Around 50 beryllium-containing minerals have been identified.
Only ores containing Beryl (3BeO.Al2O3.6SiO2) and Bertrandite (4BeO.2SiO2.H2O) have achieved economic significance. Beryllium is the lightest of all solid chemically stable substances, and has an unusually high melting-point. It has a very low density and a very high strength-to-weight ratio. Beryllium is lighter than aluminium but is greater than 40% more rigid than steel.
It has excellent electrical and thermal conductivities. Its only markedly adverse feature is relatively pronounced brittleness, which restricts the use of metallic beryllium to specialized applications. Because of its low atomic number, beryllium is very permeable to X-rays.
Neutron emission after bombardment with α or γ rays is the most important of its nuclear physical properties, and beryllium can be used as a neutron source. Moreover, its low neutron absorptiveness and high-scattering cross-section make it a suitable moderator and reflector in structural materials in nuclear facilities; where most other metals absorb neutrons emitted during the fission of nuclear fuel.
Beryllium atoms reduce the energy of such neutrons and reflect them back into the fission zone.
Beryllium is primarily used in its metallic form, in alloys and in beryllium oxide ceramics. Its physical and mechanical properties make it useful for many applications across a range of industries. These properties include outstanding strength (when alloyed), electrical conductivity, high melting-point, low neutron absorption, high specific heat, excellent thermal properties, reflectivity and transparency to X-rays.
It finds its applications in industries ranging from aerospace (altimeters, braking systems, engines, and precision tools), automotive (air-bag sensors, anti-lock brake systems, steering wheel connecting springs), biomedical (dental crowns, medical laser components, X-ray tube windows), defense (heat shields, missile guidance systems, nuclear reactor components), energy and electrical (heat exchanger tubes, microwave devices, relays and switches) and telecommunications (mobile telephone components, electronic and electrical connectors, undersea repeater housings)
Beryllium Hydroxide Market: Drivers & Restraints
Beryllium annual consumption is expected to surpass 400 million tons per year driven by such applications such as the construction of the ITER fusion reactor. Rising automotive sales, growing telecommunications network, need for highly secure defense systems are few factors driving the growth of the beryllium hydroxide market.
Extraction techniques, mining regulations, production and associated costs are probable factors restraining the growth of the beryllium hydroxide market.
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Beryllium Hydroxide Market: Overview
With growing population and rising urbanization the need for biomedical devices, electrical equipments are increasing. Consequently the beryllium hydroxide production will grow to meet the aforementioned requirements. US, Germany, Japan and China are the top countries meeting the global demand of beryllium hydroxide.
The global beryllium hydroxide market is expected to expand at a promising CAGR during the forecast period (2015-2025).
Beryllium Hydroxide Market: Region-wise Outlook
The global beryllium hydroxide market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global beryllium hydroxide market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global beryllium hydroxide market in terms of market revenue followed by Europe.
Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global beryllium hydroxide market value exhibiting a robust CAGR during the forecast period, 2015?2025.
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Beryllium Hydroxide Market: Key Players
Some of the key market participants in global beryllium hydroxide market are Materion Corporation, Ulba Metallurgical Plant JSC, Hunan Non-Ferrous Metals Corp. Ltd, FHBI, NGK Metals Corporation, Starmet and Advanced Industries International.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to categories such as market segments, geographies, types and applications.
The report covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Beryllium Hydroxide Market: Segmentation
The global beryllium hydroxide market is broadly classified on the basis of applications and geographies.
Based on application, the global beryllium hydroxide market is segmented into:
