Global Beryllium Market to Exceed 423 Metric Tons by 2012, According to New Report by Global Industry Analysts, Inc.
Global market for beryllium is projected to reach 423 metric tons by 2012, reflecting a CAGR of 4.6%, over the analysis period 2008-2012. Introduction of new alloys of beryllium with aluminum is expected to drive demand for beryllium in the US and other regions.
San Jose, CA (PRWEB) October 30, 2008 -- Beryllium, a silver-gray metallic element, is found in over thirty minerals, and is available in three principal forms - Metal, alloys, and oxides. About 3/5th of global beryllium resources, which are contained mostly in known non-pegmatite deposits, are found in the United States. Most resources are found in the Spor Mountain and Gold Hill areas in Utah, and the Seaward Peninsula region in Alaska State.
The U.S. market for beryllium is projected to reach 98.9 metric tons by the year 2012, as stated by Global Industry Analysts, Inc. Asia-Pacific is the fastest growing beryllium market, and is projected to exhibit a compounded annual rate of over 5% during the ten-year analysis period, 2001-2010. Consumption of beryllium in global telecom equipment/computers end-use market is projected to reach 217.7 metric tons by 2012.
Beryllium metal is primarily used in aerospace and defense areas. Properties such as stiffness, lightweight and dimensional stability within a defined temperature make it useful in satellite and space vehicle structures, inertial guidance systems, military aircraft brakes, and space optical systems components. The metal is also used as a triggering tool in nuclear warheads.
Key players dominating the global beryllium market include Brush Engineered Materials Inc, Brush Wellman Inc, Brush Ceramic Products Inc., Brush Wellman Beryllium Products, Zentrix Technologies Inc., International Beryllium Corp., NGK Metals Corporation, and Ulba Metallurgical Plant.
The report, titled "Beryllium: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a review of end-use markets, environment and health issues, and recent industry activity. The study also analyzes market data and analytics in volume sales for major geographic regions including the US, Canada, Japan, Europe, Asia-Pacific, and Latin America by the following end-use segments - Telecom Equipment/Computers, Automotive Electronics, Aerospace and Defense, Industrial Components, and Others.
For more details about this research report, please visit http://www.strategyr.com/Beryllium_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com/
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