FMI has announced the addition of the Beryllium Hydroxide Market 2015-2025
Future Market Insights has announced the addition of the “Beryllium Hydroxide Market: Global Industry Analysis and Opportunity Assessment 2015-2025"
Beryllium hydroxide is an amphoteric compound with chemical formula Be(OH)2. An amphoteric chemical compound is so called, due to its nature of acting either as base or an acid during the chemical reaction. Amphoteric behavior is dependent upon the oxidation state of the oxide. Beryllium hydroxide is vivid white, opaque crystals and slightly soluble in water; synonymously known as Beryllium dihydroxide.
Industrially, Beryllium hydroxide is obtained as a byproduct in the extraction of beryllium metal from the ores beryl and bertrandite. Beryl ores are usually imported whereas Bertrandite ore is obtained from mining activities. Beryllium Hydroxide thus produced is used in the processing of Beryllium-Metal alloys, Copper Beryllium master alloy and in ceramic processing to get Beryllium Oxide Ceramic shapes. Beryllium hydroxide is used as an intermediate in the manufacture of beryllium and beryllium oxide. Its the universal raw material for the production of Beryllium and all other forms.
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Beryllium is the fourth element on the periodic table and the 44th most abundant element in the earth’s crust. It occurs in rocks and minerals, although the most highly enriched beryllium deposits are found in granitic pegmatites. Around 50 beryllium-containing minerals have been identified. Only ores containing Beryl (3BeO.Al2O3.6SiO2) and Bertrandite (4BeO.2SiO2.H2O) have achieved economic significance. Beryllium is the lightest of all solid chemically stable substances, and has an unusually high melting-point. It has a very low density and a very high strength-to-weight ratio. Beryllium is lighter than aluminium but is greater than 40% more rigid than steel. It has excellent electrical and thermal conductivities. Its only markedly adverse feature is relatively pronounced brittleness, which restricts the use of metallic beryllium to specialized applications. Because of its low atomic number, beryllium is very permeable to X-rays. Neutron emission after bombardment with α or γ rays is the most important of its nuclear physical properties, and beryllium can be used as a neutron source. Moreover, its low neutron absorptiveness and high-scattering cross-section make it a suitable moderator and reflector in structural materials in nuclear facilities; where most other metals absorb neutrons emitted during the fission of nuclear fuel. Beryllium atoms reduce the energy of such neutrons and reflect them back into the fission zone.
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.
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Based on application, the global beryllium hydroxide market is segmented into:
Beryllium Hydroxide Market: Overview
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.