Research to Claim USD 13840 Mn for Brass Bars Market by 2028

Brass Bars are used to production the force components. Such as pins, rivets, washers, nuts, pipe, pressure gauge, screen, radiator parts. According to the material, it can be divided into two kinds: one kind is common Brass Bars, which are comprised of copper and zinc; the other kind is special Brass Bars, which is comprised of copper, zinc, Sn and other metal. Mechanical properties and wear resistance of Brass Bars is good, therefore it has been widely used to manufacture precision instruments, ship parts, automobile parts, appliances parts, and instruments parts.

China is the largest producer of Brass Bars, with a market share nearly 40%, followed by Europe and Japan, etc. Ningbo Jintian, Tongling Nonferrous Metals, Wieland, KME and ALMAG SPA are the key manufacturers of industry, and the top 10 manufacturers had about 50% combined market share.

The global Brass Bars market was valued at US$ 12450 million in 2020 and it is expected to reach US$ 13840 million by the end of 2027, growing at a CAGR of 1.5% during 2021-2027.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Ordinary Brass Bars
  • Neutral Brass Bars
  • High Precision Brass Bars

Segment by Application

  • Machines
  • Automotive
  • Electric Appliances

By Company

  • Ningbo Jintian
  • Tongling Nonferrous Metals
  • Wieland
  • KME
  • Hailiang Group
  • CHALCO
  • ALMAG SPA
  • Mueller Industries
  • Ningbo Jinglong
  • CK San-Etsu Co Ltd
  • Mitsubishi-shindoh
  • LDM
  • Poongsan
  • EGM Group
  • Sanchuan

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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