Beryllium is again being developed and its use expanded, according to a new report from Merchant Research & Consulting Ltd. End-use markets for beryllium are reportedly demonstrating major growth after the global recession, thus propelling the market for beryllium. Rising security concerns, new telecom and aerospace technologies, and automotive electronics advancements are among large-scale drivers for the world beryllium market.
The U.S. serves as the key producer, consumer and exporter of beryllium in the world. Along with the U.S., China and Mozambique are broadening their production capacities. The market for beryllium is forecast to achieve an index of up to 0.5 thousand metric tons by 2015.
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