Beryllium Hydroxide Market Analysis

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.

Beryllium Hydroxide Market: Segmentation                   

The global beryllium hydroxide market is broadly classified on the basis of applications and geographies.

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.

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 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.

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