Global Brass Bars Market Growth 2023-2029

Global Brass Bars Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Brass Bars Industry Forecast” looks at past sales and reviews total world Brass Bars sales in 2022, providing a comprehensive analysis by region and market sector of projected Brass Bars sales for 2023 through 2029. With Brass Bars sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Brass Bars industry.

This Insight Report provides a comprehensive analysis of the global Brass Bars landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Brass Bars portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Brass Bars market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brass Bars and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Brass Bars.

The global Brass Bars market size is projected to grow from US$ 12380 million in 2022 to US$ 13800 million in 2029; it is expected to grow at a CAGR of 13800 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Brass Bars market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ordinary Brass Bars

Neutral Brass Bars

High Precision Brass Bars

Segmentation by application

Machines

Automotive

Electric Appliances

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Brass Bars market?

What factors are driving Brass Bars market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Brass Bars market opportunities vary by end market size?

How does Brass Bars break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.