Summary
Global Beryllium Market-Segmented by Type , End-User Industry , and Geography-Trends and Forecasts ( 2017-2022 ). Beryllium , owing to its resistance to corrosion , fatigue , and extreme pressure , along with its superior characteristics such as excellent stiffness , high melting point , non-magnetic nature , and light-weight , is becoming an integral part of various commercial and industrial sectors
Description
The global beryllium market has been estimated at XX tons in 2015 and is projected to reach XX tons by 2020 , at a CAGR of XX . XX % during the forecast period from 2015 to 2020 . Beryllium , a silver-grey metallic element , is created through stellar nucleosynthesis and is regarded as a rare element . It helps in enhancing many physical properties when it is added as an alloying element to copper , aluminium , magnesium , nickel , and iron . Beryllium is the 44th most abundant element on earth and majority ( about 95 %) of it is obtained by mining minerals containing 0.3 % - 1.5 % beryllium . It is usually obtained from two naturally occurring sources i . e . bertrandite ore and beryl ( a by-product of small-scale emerald gemstone mining operations ).
Beryllium , owing to its resistance to corrosion , fatigue , and extreme pressure , along with its superior characteristics such as excellent stiffness , high melting point , non-magnetic nature , and light-weight , is becoming an integral part of various commercial and industrial sectors . In the global beryllium market report , we have taken the following major end-user sectors into consideration : aerospace and defense , communications , medicine , transportation , oil , gas , & alternative energy , and others .
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Market Dynamics of the Global Beryllium Market : Drivers :
� Accelerating usage in the defense sector � Super characteristics leading to wide applications � Growing adoption of space exploration technologies .
Restraints :
� �
High cost of the beryllium Environmental concerns associated with an exposure to beryllium particulates
The global beryllium market is also geographically segmented on consumption and production basis . In terms of production in 2015 , the United States led the market with a share of XX . XX %. It was followed by China . With the majority of the world beryllium ore production taking place in the United States of America combined with the presence of Materion Corp ., worlds leading producer of all form of
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