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The Global Beryllium Matrix Composites Market is projected to reach USD 151.3 million by 2028

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Santosh Autade
The Global Beryllium Matrix Composites Market is projected to reach USD 151.3 million by 2028

Beryllium matrix composites are composites in which the matrix is made from beryllium or beryllium alloys irrespective of the fibers being used. These composites provide high modulus to density ratio minimizes flexure and reduces the chance of mechanically induced failure.

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Key Factors Impacting the Growth of Beryllium Matrix Composites Market:

    • Lightweight and high modulus to density ratio.
    • High demand from the automotive industry.
    • Increasing adoption in aircraft in both commercial and defense applications.

Companies Covered: 

3M, Adma Product, Alstrong Enterprises, Ametek, Daewha Alloytech, Daido Metal, Sandvik, GKN, Materion, Hitachi Metals, Metal Matrix Cast Composites, and Tisics Ltd

North America is expected to lead among other regions in the beryllium matrix composites market. The demand for metal matrix composites is high in the North American region due to the strong demand from the aerospace, defense, automobile, etc. The aerospace & defense industry of the United States is the largest in the world. The export value of the United States was almost USD 1.5 trillion, with a major share in exports held by commercial aircraft. The growing investments in the defense and automotive sector in the region are contributing to the growth of the beryllium metal matrix composites market in the coming years.

Key Developments in the Beryllium Matrix Composites Market:

    • In January 2018, Materion (US) was awarded a contract by UTC Aerospace Systems for AlBeMet® metal matrix composite (Aluminum Beryllium) parts for its MS-177 long-range, multi-spectral imaging (MSI) sensor. The sensor is currently undergoing integration testing and qualification for the Northrop Grumman RQ-4B Global Hawk Unmanned Aircraft System (UAS).

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Market Segmentation:

By Type:

    • Beryllium Copper Alloy
    • Beryllium Aluminum Alloy
    • Others

By End-Use Industry:

    • Automotive
    • Construction
    • Aerospace & Defense

Others

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Santosh Autade
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