Market Research Future (MRFR) studied the global bronze market 2021 for the analysis tenure till 2025. As per MRFR study, the global bronze market is expected to rise at 2.46% CAGR to earn revenue of around USD 10.05 Bn by 2025.
Key Players in Bronze Market
Farmers Copper Ltd (US), Wieland Metals, Inc (US), KME Germany GmbH Co KG (South Africa), Materion Corporation (US), CONCAST METAL PRODUCTS CO (US), Advance Bronze Incorporated (US), National Bronze Michigan (US), Aviva Metals (US), Aurubis UK (UK), and PMX Industries, Inc (Japan) are some reputed players in the global bronze market that are listed by MRFR in the new report.
Request Free Sample Report:
https://www.marketresearchfuture.com/sample_request/5941
Drivers and Restrains Impacting Bronze Market
The rising demand for bronze in electrical conduit production is expected to favor the global market of bronze in the near future. The upsurge in the utility of bronze in the production of marine hardware, such as; pumps and valve parts, fasteners, pipe fittings, desalination plants, oil and gas platforms, bearings, heat exchangers, and shipbuilding, for building resistance to fatigue, wear, and chemical corrosion can support the expansion of bronze market in the near future. Over the analysis period, the increase in the utility of bronze in the manufacturing of electrical conduit is anticipated to fuel the growth of the bronze market on a global scale. The increasing use of bronze for electrical conduit output is expected to fuel the development of the global demand worldwide during the forecast period.
Key players are investing in RD facilities and surge in foreign trade to meet the increasing demand of bronze can churn-up high revenue. Moreover, the increase in the application of bronze in the transport sector is likely to generate profitable prospects for different suppliers operating worldwide. The rising demand for bronze in the shipping industry and marketers constantly investing in the expansion of their distribution network to cater to the evolving needs of multiple end-use industries can improve the impetus of the market. On the contrary, the degradation of bronze as it undergoes the process of oxidization can restrain its adoption, thus restrict the growth of bronze market.
Make An Enquiry: https://www.marketresearchfuture.com/enquiry/5941
Segmental Analysis of Bronze Market
The segment study of the global bronze market is based on end-users, process, and type to gain insights into market.
The type-based segments of the bronze market are phosphor bronze, aluminum bronze, leaded bronze, silicon bronze, and manganese bronze among others. The segment of aluminum bronze is expected to rise at 2.5 % CAGR in the forecast term as aluminum bronze is used to the making of pumps, bearings, valves, and hardware for marine sleeves to treat acidic and corrosive fluids.
The process-based segments of the bronze market are bronze casting, bronze extrusion, and bronze forging among others. The segment of bronze casting can lead the global bronze market with share of more than 40 percent on the conclusion of the analysis tenure. Bronze casting allows manufacturers to create bronze product of large shapes and sizes for the intended end-use industry.
Talk to Expert: https://www.marketresearchfuture.com/ask_for_schedule_call/5941
The End-Use-based segments of the bronze market are automotive and transportation, architecture, marine, and electrical and electronics among others. The upsurge in consumption of bronze materials in different components, such as; bearings, valves, and fittings among others can prompt the growth of the marine segment of market. MRFR findings suggests that the segment is set to earn over USD 3.3 Bn for the market at 1.5 % CAGR in the review time period.
Regional Analysis of Bronze Market
Asia Pacific bronze market is likely to register a healthy CAGR in the review period by 2025. As per MRFR research, APAC market is likely to rise at 2.5 % CAGR by 2025. The existence of eminent bronze manufacturing industries in the region can favor the bronze sector countries, such as; ASEAN countries, China, and India.
The region’s increasing population and fast economic process are supply the region’s producing sector, that successively is anticipated to lift the bronze demand throughout the forecast period. throughout the projected period, Asia Pacific is anticipated to grow at a considerable pace. Japan offers the foremost goodish demand for infrastructure merchandise within the Asia-Pacific. The expansion of transport and automotive sectors in Europe can bolster the bronze market growth in the region. The upsurge in demand for bronze application in the expanding electronics industry can support the bronze rise in the Asia Pacific region.
Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USDreport_id=5941
1 Executive Summary
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL BRONZE MARKET, BY TYPE
1.1.2 GLOBAL BRONZE MARKET, BY PROCESS
1.1.3 GLOBAL BRONZE MARKET, BY END USE
1.1.4 GLOBAL BRONZE MARKET, BY REGION
2 Market Introduction
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 Research Methodology
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 EXPANDING MARINE AND AEROSPACE INDUSTRIES
4.2.2 HIGH DEMAND FOR ALUMINUM BRONZE IN ASIA-PACIFIC
4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 OXIDIZING NATURE OF BRONZE
4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 GROWING TRANSPORTATION SECTOR DUE TO INCREASING GLOBAL TRADE
4.5 CHALLENGES
4.5.1 FLUCTUATING RAW MATERIAL PRICES
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 RAW MATERIAL SUPPLIERS
5.1.2 PRODUCERS
5.1.3 DISTRIBUTION CHANNEL
5.1.4 END USE
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: mailto:sales@marketresearchfuture.com
