Beryllium Oxide Market - Forecast(2021 - 2026)

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Beryllium Oxide Market Overview

Beryllium Oxide Market size is forecast to reach $80.1 million by 2025, after growing at a CAGR of 1.5% during 2020-2025. Beryllium oxide, also known as beryllia, is an electrically insulating compound with high thermal conductivity. Beryllium Oxide is a chemical that is mainly used in combination with other chemicals by using pressing, slip casting, and other fabrication techniques various flat and tubular components can be made from BeO to meet high performance requirements. Usage of beryllium oxide in various end use industries is expected to drive the beryllium oxide market during the forecast period. 

Report Coverage

The report: “Beryllium Oxide Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Beryllium Oxide Market Industry.
By Form: Solid Crystal, Powder and others.
By Grade: Industrial Grade and High Purity Grade.
By Application: Electronics, Microwave Oven, Medical, Military, Nuclear, Laser and others.
By End-User Industry: Automobile, Electrical & Electronics, Machinery Parts and Components, Home Appliance and others. 
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways

  • New product developments and increasing investments in research and development of beryllium oxide are expected to drive the growth of this market.
  • Among end user industry, electrical & electronics segment is projected to lead the beryllium oxide market during the forecast period.
  • North America dominated the beryllium oxide market.

By Form - Segment Analysis

Powder segment held a significant share in beryllium oxide market in 2019. Beryllium oxide (BeO) is white in color. It is produced by thermal decomposition of Be(OH)2 (beryllium hydroxide). It is produced in the form of white amorphous powder and is sintered into large shapes. The properties of BeO include excellent thermal conductivity and high corrosion resistance. It also has good chemical stability and resistance to carbon reduction at extreme temperatures.

By Grade - Segment Analysis

High purity grade segment held a significant share in beryllium oxide market in 2019. Beryllium oxide is available commercially in the form of powder with purity greater than 99%. The sintering of BeO is carried out at temperatures ranging from 1600°C to 1800°C. Beryllium oxide has properties similar to those of aluminum oxide or aluminum nitride. Its thermal conductivity is 10 times more than that of alumina. By using pressing, slip casting, and other fabrication techniques; various flat and tubular components can be made from BeO.

By Application - Segment Analysis

Electronics segment held a significant share in beryllium oxide market in 2019. Beryllium oxide finds applications in various many industries owing to its excellent properties. In the electronics industry, due to its high thermal conductivity and good electrical resistivity, it is used as an electronic substrate to give an effective heat sink.  It is also used in CPV systems, transmitters, receivers, modulators and switches. 

When beryllium is alloyed with aluminum, copper, nickel, or cobalt; the process increases the hardness and corrosion resistance of the alloy. Due to its low density and atomic mass, beryllium is relatively transparent to X-rays and other forms of ionizing radiation. Hence, it is the most commonly used window material for X-ray equipment and in particle physics experiments. High thermal conductivity of beryllium and beryllium oxide has led to their use in heat transport and heat sinking applications.

By End-User Industry - Segment Analysis

Electrical & Electronics segment held a significant share in beryllium oxide market in 2019 growing at a CAGR of XX% during the forecast period. The compound is widely employed as a substrate in the electronics industry due to its good electric insulation and high thermal conductivity. In the medical industry, it is used in gas lasers for tissue analysis and in blood glucose meters. Nuclear properties of beryllium oxide make it attractive for nuclear applications. The electrical & electronics segment is expected to expand significantly during the forecast period. Medical and military segments are also anticipated to witness steady growth during the same period.

Due to COVID-19 pandemic, the production facilities of the electronics parts have been halted owing to the logistics slowdown and unavailability of the workforce across the globe.  The shutdown of retail shops and showrooms of major brands, supermarkets, and hypermarkets for a definite period of time is further anticipated to affect the sales of various electronics products, which in turn affects the beryllium oxide market.

Geography- Segment Analysis

North America dominated the beryllium oxide market with a share of more than XX%, followed by Asia Pacific and South America.  Presence of leading global manufacturers of beryllium oxide in North America is expected to drive the beryllium oxide in the region during the forecast period. Various expansion activities in the production of beryllium oxide by the key players in North America is the main factor for its dominance in the global beryllium oxide market. The markets in Asia Pacific and South America are also expected to witness significant growth during the forecast period.

Drivers – Beryllium Oxide Market

Excellent properties of beryllium oxide and usage in various end use industries is expected to drive the market

The corrosion resistance and high thermal stability of beryllium oxide are factors anticipated to drive the beryllium oxide market globally during the forecast period. Beryllium Oxide is a chemical that is mainly used in combination with other chemicals by using pressing, slip casting, and other fabrication techniques various flat and tubular components can be made from BeO to meet high performance requirements. BeO contributes hardness, strength, excellent heat conductivity, and good electrical insulation. In closely packed circuitry (like that in the electronic ignition systems of automobiles), beryllium ceramic layers can draw heat away from other circuit components. Because BeO is transparent to microwaves, it has also been used in microwave ovens. Beryllium oxide is used in rocket engines and as a transparent protective over-coating on aluminized telescope mirrors.

Challenges – Beryllium Oxide Market

Health effects

The toxic nature of beryllium oxide is anticipated to hamper the market. Beryllium oxide is carcinogenic in powdered form and may cause chronic beryllium disease. Once fired into solid form, it is safe to handle if not subjected to machining that generates dust. The health hazards associated with the use of beryllium oxide resulting in regulatory pressure is expected to be a key challenge for the industry over the next few years. The dependence of raw materials for beryllium oxide also possess major challenge to the industry, as the materials used for beryllium oxide manufacturing from raw materials i.e., beryl and bertrandite are cost-effective to form complicate chemical resistive components. It affords greater versatility in manufacturing of the component. Moreover, the cost of handling beryllium oxide during fabrication is higher due to its toxicity. 

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the beryllium oxide market. In 2019, the market of beryllium oxide has been consolidated by the top five players accounting for xx% of the share. Major players in the beryllium oxide market are Grizzly Mining Limited, Applied Materials, American Beryllia, Belmont Metals, Sigma-Aldrich Co. LLC, Reade International Corp., ESPI Corp, Inc., Materion, and IBC Advanced Alloys Corp among others. 

Acquisition

  • In March 2017, Materion Corporation had completed acquisition of the Heraeus Group, of Hanau, Germany for approximately $30 million. This acquisition strengthened Materion's position in precious and non-precious target materials for the architectural and automotive glass, photovoltaic, display and semiconductor markets.
1. Beryllium Oxide Market - Overview
1.1. Definitions and Scope
2. Beryllium Oxide Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Beryllium Oxide Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Beryllium Oxide Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Beryllium Oxide Market– Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Beryllium Oxide Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Beryllium Oxide Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
8. Beryllium Oxide   – By Form (Market Size -$Million / $Billion)
8.1. Segment type Size and Market Share Analysis 
8.2. Application Revenue and Trends by type of Application
8.3. Product Segment Analysis by Type
8.3.1. Solid Crystals
8.3.2. Powder
9. Beryllium Oxide Market -By Grade(Market Size -$Million / $Billion)
9.1. Market Size and Market Share Analysis 
9.2. Application Revenue and Trend Research
9.3. Product Segment Analysis
9.3.1. Industrial Grade
9.3.2. High Purity Grade
10. Beryllium Oxide Market -By Application(Market Size -$Million / $Billion)
10.1. Market Size and Market Share Analysis 
10.2. Application Revenue and Trend Research
10.3. Application Segment Analysis
10.3.1. Electronics
10.3.1.1. CPV systems
10.3.1.2. Transmitters
10.3.1.3. Receivers
10.3.1.4. Modulators and switches
10.3.1.5. Power amplifiers and drivers
10.3.2.  Microwave Communication systems & Microwave Ovens
10.3.2.1. Windows
10.3.2.2. Radomes 
10.3.2.3. Antennas
10.3.3. Medical 
10.3.3.1. Gas lasers for DNA and tissue analysis 
10.3.3.2. Portable defibrillators
10.3.3.3. Blood glucose meters for diabetics
10.3.4. Military
10.3.4.1. Armour
10.3.5. Nuclear
10.3.5.1. Low neutron capture cross section
10.3.5.2. High neutron moderating 
10.3.6. Aerospace
10.3.6.1. Rocket motor components 
10.3.6.2. Radar and guidance modules 
10.3.6.3. Gyroscopes
10.3.7. Lasers
10.3.7.1. Fiber optic transmission
10.3.7.2. High-end diodes
10.3.7.3. Laser metal cutting and marking
11. Beryllium Oxide Market - By Geography (Market Size -$Million / $Billion)
11.1. Beryllium Oxide Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size
11.2.5.1. U.S.
11.2.5.2. Canada 
11.2.5.3. Mexico 
11.2.5.4. Rest of North America
11.3. Beryllium Oxide Market - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size
11.4.5.1. Brazil  
11.4.5.2. Venezuela
11.4.5.3. Argentina
11.4.5.4. Ecuador
11.4.5.5. Peru
11.4.5.6. Colombia 
11.4.5.7. Costa Rica
11.4.5.8. Rest of South America
11.5. Beryllium Oxide Market - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size
11.6.5.1. U.K  
11.6.5.2. Germany 
11.6.5.3. Italy 
11.6.5.4. France
11.6.5.5. Netherlands
11.6.5.6. Belgium
11.6.5.7. Spain
11.6.5.8. Denmark
11.6.5.9. Rest of Europe
11.7. Beryllium Oxide Market – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size
11.8.5.1. China 
11.8.5.2. Australia
11.8.5.3. Japan 
11.8.5.4. South Korea
11.8.5.5. India
11.8.5.6. Taiwan
11.8.5.7. Malaysia
12. Beryllium Oxide Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Beryllium Oxide Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practises for companies
14. Beryllium Oxide Market – Key Company List by Country Premium
15. Beryllium Oxide Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. Brush Wellman
15.3. The Ningxia Non-ferrous Metals Smeltery (NNMS)
15.4. The Ulba Metallurgical Plant (UMP)
15.5. Materion
15.6. China Minmetals Corporation
15.7. Emei Shan Zhongshan New Materials Technology Co. Ltd., 
15.8. Grizzly Mining Limited
15.9. American Beryllia
15.10. Belmont Metals
15.11. Sigma-Aldrich Co. LLC
15.12. Reade International Corp.
15.13. ESPI Corp, Inc.
15.14. IBC Advanced Alloys Corp. 
15.15. Company 14
15.16. Company 15
15.17. Company 16 and more
"*Financials would be provided on a best efforts basis for private companies"
16. Beryllium Oxide Market -Appendix
16.1. Abbreviations
16.2. Sources
17. Beryllium Oxide Market -Methodology Premium
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends