Global Bronze Market Size study & Forecast, by Type (Aluminum Bronze, Phosphor Bronze, Silicon Bronze, Leaded Tin Bronze, Others) By End User (Industrial, Marine, Infrastructure & Construction, Automotive, Electrical & Electronics, Aerospace & Defense & O

Global Bronze Market Size study & Forecast, by Type (Aluminum Bronze, Phosphor Bronze, Silicon Bronze, Leaded Tin Bronze, Others) By End User (Industrial, Marine, Infrastructure & Construction, Automotive, Electrical & Electronics, Aerospace & Defense & Others) and Regional Analysis, 2022-2029

Global Bronze Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Bronze is defined as an alloy that majorly consists of copper and other metals such as tin, zinc, and aluminum. Bronze is used in the construction of musical instruments, sculptures, and medals, and in industrial applications such as bushings and bearings. Bronze also has nautical applications owing to its resistance to corrosion. The hardness of the alloy allows it to be used in heavy-duty components, mostly in the aerospace industry. The growing demand for bronze from many end users such as marine, automotive, industrial, and aerospace & defense is anticipated to drive the demand for bronze. The key factor driving the market growth is rising research & development activities and growing demand for the bronze in aerospace industries owing to its lightweight property that improves the performance and endurance of the aircraft.

In aerospace industries bronze is used in the manufacturing of wheel & brake components, landing gear bushings, hydraulic components, actuators of aircraft and other aircraft applications. Thus, growth in aerospace & defense sector is boosting the adoption of bronze. For instance, according to the Boeing Market Outlook, aerospace and defense industry is estimated to be valued USD 8.7 trillion by 2028 from USD 8.1 trillion in 2018. In addition, technological advancements are expected to create significant growth opportunities in the market over the forecast period. However, growing concern over the use of lead in bronze coupled with lack of skilled labors impedes the growth of the market over the forecast period of 2022-2029.

The key regions considered for the Global Bronze Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia pacific is the dominating region across the world in terms of market share, owing to the growth in automotive manufacturing units and assemblies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2029. Factors such as growing marine industry, rising consumption of bronze, industrialization, and presence of key market players, would create lucrative growth prospects for the bronze market across Asia-Pacific region.

Major market player included in this report are:
Lebronze Alloys
Diehl Metall Stiftung & Co. Kg
Wieland Metals Inc.
KME Germany GmbH & Co Kg.
LDM B.V.
Concast Metal Products Co
National Bronze & Metals, Inc.
PMX Industries Inc.
Ningbo Boway Alloy Material Co Ltd
Ningbo Xingye Shengtai Group Co., Ltd

Recent Developments in the Market:
 In March 2019, Hunt Valve Company announced its acquisition of Montreal Bronze Ltd, a manufacturing company of bronze valves for maritime, pharmaceutical, and nuclear applications. As a result, the company's product line expanded, and its company was strengthened.

Global Bronze Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Aluminium Bronze
Phosphor Bronze
Silicon Bronze
Leaded Tin Bronze
Others
By End User:
Industrial
Marine
Infrastructure & Construction
Automotive
Electrical & Electronics
Aerospace & Defence
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Lebronze Alloys
Diehl Metall Stiftung & Co. Kg
Wieland Metals Inc.
KME Germany GmbH & Co Kg.
LDM B.V.
Concast Metal Products Co
National Bronze & Metals, Inc.
PMX Industries Inc.
Ningbo Boway Alloy Material Co Ltd
Ningbo Xingye Shengtai Group Co., Ltd

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.