Beryllium oxide, also known as beryllia, is an inorganic compound with chemical formula “BeO”. It can be prepared by three process, which include calcination of beryllium carbonate, thermal decomposition,dehydration of beryllium hydroxide, or igniting metallic form of beryllium. It is a substance with properties such as excellent thermal conductivity and high corrosion resistance. Globally, beryllium oxide is used in many industries such as aerospace, automotive, oil & gas, chemical, energy & power, ceramic manufacturing, and house hold ovens manufacturing.
Top Impacting Factors: Growth of the beryllium oxide market is driven by rise in demand from the aerospace & defense industry as it is used in aircraft weapons, sensors, fighter jets, and brakes . Beryllium has strong infrared reflectivity, which tends to be the perfect photonic material for defense, guidance, and satellite communication. Beryllium alloys help in improving strength, hardness, electric insulation, and thermal conductivity of product. Growth of the market is driven by factors such as growth in usage of beryllium oxide in automotive and healthcare industries. It is used as a connector material in batteries optical fiber for night vision, sensors, speed control sensors, and spare parts of camera. Hence, wide application of beryllium oxide in automotive and electronic industries propels growth of the market.
Rise in urbanization across the globe has led to rise in demand for new infrastructure such as residential and transportation. The global population is estimated to grow approximately from 7.7 billion to 9.7 billion by 2050, leading to growth of the market.
Factors such as hazardous effect of beryllium restrains the market growth. In addition, it is carcinogenic in powder form and causes beryllium sensitization, chronic beryllium disease (CBD), and lung cancer, which hampers growth of the market. Moreover cost of handling in fabrication, owing to the toxicity of beryllium oxide, is higher, which hinders the market growth.
Sales of beryllium oxide was not much affected during COVID-19 pandemic, owing to its application in the healthcare industry, however, the sales decreased slightly in mid of 2020 attributed to the imposition of lockdown by governments of many countries. The COVID-19 pandemic has decreased production level, owing to presence of limited capacity of employees. This has hampered growth of the Beryllium Oxide Market significantly during the pandemic.
Segmental Overview:The beryllium oxide market is segmented on the basis of form, grade type, application, and region. By form, the market is divided into Crystal and Powder. By grade type, it is classified into industrial and high purity. By application it is segregated into electronics, healthcare, military, energy & power, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Form: The beryllium oxide market is divided into crystal and powder. The segment includes all beryllium oxides offered by manufacturers such as NICKEL BERYLLIUM ALLOY 360 and HPM® Beryllium Nickel. Companies such as Materion Corporation, IBC Advanced alloys, and American Elements provide a complete range of beryllium oxide products.
By Grade Type: The beryllium oxide market is segregated into industrial and high purity. the purity of industrial grade material is less than 90% and high purity material grade ranges from 99.5% to 99.7%. For example, Thermalox CR is beryllium oxide ceramic product of Materion corporation with 99.7% purity.
By Application: The beryllium oxide market is categorized into electronics, healthcare, military, energy & power, and others. The electronic industry has a wide use of beryllium alloys, which is used to manufacture high-performance semiconductor parts for applications such as radio equipment.
By region: The beryllium oxide market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominates the market share for Beryllium Oxide as U.S. is the largest producer of beryllium globally, owing to the presence of mineable resources in the country. Beryllium is used in nuclear reactor to control fission reaction and also used in trigger mechanism for nuclear weapons. Hence, in 2022, the US government allotted 715.2 billion USD for department of defence, when compared to FY 2021 reflects an 2% of increase in the defense budget, this indicates the increase in use of the beryllium as beryllium is used in manufacturing of U.S. Air Force F-35 Lightning II Joint Strike Fighter and many other aerospace vehicles, hence anticipates the growth of market in forecast period. Moreover, automotive and electronic industries have a major application of the Beryllium Oxide in North America, owing to presence of established manufacturers of the automobile industry in this region.
Competitive analysis: Competitive analysis and profiles of major players in the beryllium oxide market such as Grizzly Mining Limited, Applied Materials, Inc., American Beryllia, Belmont Metals, Sigma-Aldrich Co. LLC, Reade International Corp., ESPI Corp, Inc., Materion Corporation, IBC Advanced Alloys Corp, Brush Wellman are provided in this report. Major players have adopted technological advancement, product launch, acquisition, and business expansion as key developmental strategies to improve product portfolio in the Beryllium Oxide Market.
For instance, on April 8, 2021 IBC Advanced Alloys Corp, a leading beryllium and copper advanced alloys company, announced that it has received purchase orders for beryllium alloy parts for more than US$1.0 million that are used in Raytheon Technologies Advanced Targeting Forward Looking Infrared (ATFLIR) system for the U.S. Navy’s F/A-18 Super Hornet aircraft.
Key Market Segments
- By Form
- By Grade Type
- By Application
- Electronics
- Healthcare
- Military
- Energy and Power
- Others
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players
- American Beryllia
- Applied Materials, Inc.
- ESPI Corp, Inc.
- Belmont Metals
- Grizzly Mining Limited
- Brush Wellman
- Reade International Corp.
- IBC Advanced Alloys Corp
- Sigma-Aldrich Co. LLC
- Materion Corporation