BERYLLIUM MARKET ANALYSIS

Stringent regulations regarding beryllium mining and processing are significantly restraining the growth of the global beryllium market. Beryllium is classified as a hazardous material due to its toxicity. Exposure to beryllium particulate and fumes can cause serious health issues like chronic beryllium disease and lung cancer. Due to the health hazards associated with beryllium, many countries and international organizations have framed strict laws regarding its mining and industrial usage. Mining and processing of beryllium involve several operations that produce beryllium dust in the air like drilling, crushing and separation processes. Most of the governments across the globe have imposed stringent emission control norms and dust extraction mechanisms to be installed at beryllium processing plants. This has increased the production costs significantly for companies.

Market Opportunities: Demand for beryllium alloys in medical devices

The use of beryllium alloys in medical devices offers promising growth opportunities for the global beryllium market. Beryllium alloys possess characteristics like high stiffness, non-magnetic properties and biocompatibility which make them ideal for implants. Their radiation transparency allows dentists to effectively examine tissues during dental or orthopedic procedures using X-rays. Properties like high strength and light weight also reduce device size, making minimally invasive surgeries less complex.