New report published by QY Research which offers insights on the global Beryllium Hydroxide market. The Beryllium Hydroxide market has been experiencing steady growth graph since past years. In 2017 the global Beryllium Hydroxide market was valued at US$ 370 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 400 Mn growing at a value CAGR of 1.1% throughout the period of forecast.
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Global Beryllium Hydroxide Market: Market Driver and Restraint
Applications of Beryllium Hydroxide are anticipated to create new business segments in the market. Beryllium Hydroxide is in use for a broad range of products such as Beryllium Oxide, Beryllium Metal & others. There lies a great opportunity since only a few companies are into this business.
Global Beryllium Hydroxide Market: Key Takeaways
· The Beryllium Hydroxide industry has high technical barrier. The products require stable and outstanding technical performance. Consequently, price and product quality are crucial to downstream customers.
· To Beryllium Hydroxide manufacturers, the core of brand building is in quality control and technological innovation.
Global Beryllium Hydroxide Market: Forecast by Form
This segment includes Technical Grade, Refined Grade, etc. In terms of volume, Technical Grade segment is expected to remain dominant in the global Beryllium Hydroxide market.
Global Beryllium Hydroxide Market: Forecast by Region
North America, China, Europe and CIS are the four regions that are included in this report. North America is the dominant market in the global Beryllium Hydroxide market in terms of value. The North America Beryllium Hydroxide market was estimated to be valued at US$ 215.03 Mn in 2017 and is expected to expand at a value CAGR of 1.0% over the forecast period. The China market is expected to expand at a robust rate of 1.2% in terms of revenue over the forecast period due to the steadily increasing demand in this region.
Global Beryllium Hydroxide Market: Key Players
Materion, ULBA, Hunan Nonferrous Beryllium, FHBI, etc. are the key vendors included in this report.
Global Beryllium Hydroxide market is highly concentrated, with several companies dominating the global market. Materion is by far the leader, followed by ULBA and Hunan Nonferrous Beryllium. Entrance of the market is anticipated to be difficult in the coming years.
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