Wednesday, September 23, 2015 1:51:30 PM
Published: Sept 22, 2015 3:42 p.m. ET
LONDON, Sept. 22, 2015 /PRNewswire/ -- In 2012, the world beryllium production reached more than 228.41 tonnes. The US is by far the leader in the world beryllium market, with more than 85% share of the world beryllium output. Other important beryllium producing countries in the world include China, Mozambique, Brazil and Madagascar. Demand fluctuates as we have seen as the level of US government stockpiling is a key swing factor. An uptrend is expected through over coming years with rising consumption from the telecommunications, automotive, electronics and computer industries. MI predicts a considerable increase in beryllium consumption in Latin America and Asia in the upcoming years. On the technological side the applications employing beryllium-containing alloys could make a significant contribution to the world beryllium market growth.
The US is forecast to remain the dominant market player in both consumption and production. The United States is the world's leading source of beryllium. China produced most of the remainder, and less than 2% came from Mozambique and other countries. Madagascar used to be an important producer in the 1990s but that has largely disappeared as a force.
Beryllium product sales in the key markets of aerospace, automotive electronics, ceramics, computers and telecommunications were substantially higher than the previous year.
Pricing is usually set between the mine and the production facility based on the usual factors of supply and demand. Increased demand led to increasing prices for beryllium over the last decade.
Companies profiled in the Beryllium market report include Materion Corporation, IBC Advanced Alloys Corp., NGK Metals Corporation, Applied Materials, Belmont Metals, Beryllia, Changhong Group and Imerys among others.
Drivers
Rising security concerns, new telecom and aerospace technologies, automotive electronics advancements make up a large-scale driver for the world beryllium market.
Restraints
Environmental concerns provide the major restraint for the Beryllium market. The main negative is that inhalation of beryllium particulates may cause a potential health risk for a lung disease, Chronic Beryllium Disease, but reasonable industrial control practices can easily protect workers.
What the report contains
The report elucidates the situation of Beryllium around the world and studies its markets by end-user industry which include Aerospace, Transportation, Medicine, Communication, Oil, Gas & Alternative Energy, Defense & Security and Others; and by Type – Alloys, Metal, Ceramics and others.
Lastly, the report is divided by production market – United States, China, Mozambique, Brazil, Madagascar, Russia and Others; by consumption market – China, Kazakhstan, United States and others, where-in the market share of each region is analyzed and estimates are provided for the next 6 years. Apart from that Import & Export and Price Analysis is also provided.
Download the full report: https://www.reportbuyer.com/product/3281914/About ReportbuyerReportbuyer is a leading industry intelligence solution that provides all market research reports from top publishershttp://www.reportbuyer.comFor more information: Sarah SmithResearch Advisor at Reportbuyer.com Email: query@reportbuyer.comTel: +44 208 816 85 48 Website: www.reportbuyer.com
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