According to Value Market Research, the global Beryllium Copper Market report driven by Growing demand for this most robust copper alloy in crucial application industries like consumer electronics, telecommunications, defense, and aerospace will be the primary driver for the growth of the beryllium copper market. The versatility of this alloy for use in hazardous environments will be a market booster. The high energy efficiency and an extended product life of microelectronics devices made using this alloy will augment the market growth. The alloy’s superior characteristics, coupled with the increased research and development activities carried out to develop innovative solutions across various industries, will further propel market growth. The main restraints affecting this market’s growth are the detrimental effects of spring copper on humans and the environment.
The major players in the beryllium copper market include CNMNC, FHBI, Lanfeng Non-ferrous Metal, NBM Metals, IBC Advanced Alloys, Yinke, ULBA, Materion, Shenyang Kehang Metal, Belmont Metals, NGK, Jinfeng Metal.
The entire beryllium copper market has been sub-categorized into product and end users.
By Product
- Rod
- Bar
- Wire
- Tube
- Plate
- Other
By End Users
- Plastic Molds and Tooling
- Electronic Springs and Connectors
- Oil and Gas Equipment Components
The beryllium copper market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/beryllium-copper-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.