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Analysis of the current market situation of China's beryllium industry in 2023

Source: 2023-11-11 11:57:18 
Content Overview: High purity beryllium oxide is a neutron moderator for atomic reactors and a good reflective layer material. The scale of China's beryllium market has increased from 250.62 million yuan in 2017 to 480.867 million yuan in 2022, with a compound annual growth rate of 13.92%. In 2022, the market size of the beryllium industry increased by 20.8% year-on-year, showing a rapid growth momentum. Industrial components, consumer electronics products, and automotive electronics account for a relatively large proportion in the beryllium industry application scenarios, accounting for 20%, 18%, and 16% respectively.
Keywords: market size of beryllium industry, sales revenue of beryllium industry
1、 The continuous upgrading of industry and mining technology drives the rapid development of the beryllium industry
Beryllium is a silver gray rare light metal with low density High melting point (1285 "C) With low thermal expansion coefficient and good dimensional stability, beryllium and beryllium alloys are mainly used in fields such as nuclear industry, aerospace, electronics, machinery, and automotive manufacturing. They are indispensable high-tech new materials in various high-tech fields such as nuclear reactors, rockets, missiles, satellites, ships, aircraft, computers, laser devices, etc. In many application fields, beryllium is actually the only suitable or preferred material, Its high performance exceeds the price factor.
The main products and applications of beryllium, accounting for 75% of the total production, are used to manufacture beryllium copper alloys containing 0.2% to 2.0% beryllium, and are used as connectors, relays, etc. in fields such as aviation, electronics, automotive, communication, etc; The second major use is metal beryllium with a purity greater than 99.5%, as well as beryllium based alloys (mainly aluminum alloys) with a beryllium content greater than 60%, accounting for 20% of the total production, most of which are used for national defense and scientific research; The remaining 5% of beryllium is used to manufacture beryllium oxide ceramics, which are used in radiators for military radar and radio frequency equipment, as well as electrical insulation materials for automotive electrical systems.
In terms of market demand for mining and quarrying equipment industry, as mining and beneficiation equipment, mining and quarrying equipment is mainly used in coal mining and washing industry, non-ferrous metal ore dressing industry, ferrous metal ore dressing industry, limestone ore dressing industry, quartzite ore dressing industry, and engineering construction projects. Its main application is to assist industrial sectors such as coal, certain metals, steel, and building materials in mining, At the same time, it is also used for processing and deep processing of raw materials required by the above-mentioned industries. As advanced technical equipment, mining and quarrying equipment can also serve major engineering construction projects such as highways, railways, and hydropower, providing convenience for their construction. In recent years, the supply and demand of the domestic mining and quarrying equipment industry have grown rapidly. By 2021, the production of the mining and quarrying equipment industry has reached 6.702 million tons, with a demand of 6.507 million tons.
2、 The market size of the beryllium industry continues to rise, and the downstream environment is developing well
With the development of society, the collection and processing technology for beryllium is gradually improving, as the characteristics of beryllium also increase its demand. In 2017, the global production of beryllium was 210 tons. By 2022, the global production of beryllium was approximately 270 tons, an increase of 60 tons, with a compound growth rate of 5.15%. In 2017, China's beryllium production was 50 tons, and in 2022, it reached approximately 74 tons, an increase of 24 tons, with a compound growth rate of 8.15%. The demand for beryllium is gradually increasing, and the production of beryllium will continue to rise.

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