Nickel Beryllium Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
Nickel beryllium alloys can be defined as alloy which possesses high strength and stiffness which is usually associated with steel and nickel alloys to retain excellent formability. This alloys are similar to copper beryllium alloys, the only difference this alloy possess is the host metal of this alloy is nickel instead of copper. Nickel beryllium alloys consist up to 98% nickel and 2% of beryllium. This alloys are age-hardenable alloys, having the advantages of high strength, high elevated temperature relaxation resistance, reasonable conductivity and good formability. Their added advantages over the copper-based alloys are, they are highly corrosion resistant and capable of withstanding much higher temperatures. It has the capability to withstand temperatures up to 375° Celsius without losing its spring properties. It can retain over 90% of its properties over 1000 hours at the same 375°C. The nickel beryllium alloys has ultimate tensile property approaching till 300,000 psi (pound per square inch) and has excellent yield strength up to 245,000 psi (pound per square inch). This alloy is mostly used for mechanical and electrical and electronic components which needs the temperature upto 370°Celcius.
Some of the major properties of nickel beryllium are age hardening, formability, plating, stress relaxation etc. Age hardening is usually achieved by heat treatment at 480°Celcius-510° Celsius. This heat treatment can also be performed to achieve specific properties which can be performed outside this range. To produce nickel beryllium, controlled atmosphere is not required. But if a manufacturers wants to manufacture bright surface, a protective atmosphere or cleaning process can be applied. The nickel beryllium alloys has excellent formability properties which is formed by both heat treatable and mill hardening activities. The nickel beryllium alloys also has stress relaxation property. The stress relaxation property of a material can be defined as a loss in spring force with a constant strain and elevated temperature. There are no specific regulations imposed in handling neckel beryllium in the solid form. Similar to other industrial materials, beryllium containing materials can have health risk if no safe handling processes are followed.
Based on type, the global nickel beryllium alloys market can be classified into nickel-beryllium titanium alloys and nickel beryllium copper alloys. Nickel-beryllium titanium alloy consist of titanium which is easily available in the large volume. Nickel beryllium titanium alloy is largely used as a grain refiner during the solidification of cast alloys. Nickel-beryllium copper alloys are the alloys which has large amount of copper content in it. Nickel beryllium copper alloy has extremely high strength with non-magnetic and non-sparkling activities. It has excellent metalworking, forming and machining properties. It is mostly used in musical instruments, bullets, aerospace etc.
Based on application, nickel beryllium alloys can be segmented into machinery manufacturing, aerospace & defense, chemical & material and others. Aerospace and defense is the major application segment of nickel beryllium alloy on account of superior properties including high strength and lightweight. When nickel beryllium alloys is used in military jets it increases their maneuverability and provide superior targeting options, which in turn is expected to drive the market for nickel beryllium alloys. They are also used in electrical and mechanical materials to enable power transfer.
Based on geography, the global nickel beryllium alloys market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America and Europe are the major markets for nickel beryllium alloys, owing to high demand from industrial, consumer electronics, and defense sectors. The nickel beryllium alloys companies in Asia-Pacific and Latin America is investing more in research and development due to its unique properties which have led to demand for tire derived fuel in Asia-Pacific market.
Major players operating in the global nickel beryllium alloys market are Materion Corporation, Texas Mineral Resources Corp., American Beryllia Inc., IBC Advanced Alloys, Ningxia Orient Tantalum Industry Co., Ltd. and others. These companies hold a significant share of the market. Thus, the nickel beryllium alloys market experiences intense competition.
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