Global Lead Free Brass Rods Market Report 2022

Global Lead Free Brass Rods Market Report 2022

Due to the COVID-19 pandemic, the global Lead Free Brass Rods market size is estimated to be worth US$ 2,223.03 million in 2022 and is forecast to a readjusted size of US$ 2,833.75 million by 2028 with a CAGR of 4.13% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Cu-Zn-Si accounting for 51.78% of the Lead Free Brass Rods global market in 2021, is projected to value US$ 1,428.88 million by 2028, growing at a revised 3.71% CAGR from 2022 to 2028. While Bathroom, Drinking Water Engineering segment is altered to an 3.77% CAGR throughout this forecast period.
North America Lead Free Brass Rods market size was US$ 102.23 million in 2021, while Europe was US$ 231.33 million. The proportion of the North America was 4.86% in 2021, while Europe’s percentage was 10.99%, and it is predicted that Europe market share will reach 9.74% in 2028, trailing a CAGR of 2.62% through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is 3.07% and 4.41% respectively for the next 6-year period.
The global major manufacturers of Lead Free Brass Rods include Mitsubishi Copper, SAN-ETSU, Ningbo Jintian Copper, Powerway Alloy, Mueller Industries, DAECHANG, Hailiang, Guodong Copper, and SUZHOU CHANG LE COPPER, etc. In terms of revenue, the global three largest players hold a 59.98% market share of Lead Free Brass Rods in 2021.

Global Lead Free Brass Rods Market: Drivers and Restrains
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 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
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.
Global Lead Free Brass Rods Market: Segment Analysis
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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company
Mitsubishi Copper
SAN-ETSU
Ningbo Jintian Copper
Powerway Alloy
Mueller Industries
DAECHANG
Hailiang
Guodong Copper
SUZHOU CHANG LE COPPER
Shree Extrusions

Segment by Type
Cu-Zn-Bi
Cu-Zn-Si
Cu-Zn-Sb
Others

Segment by Application
Electrical and Telecommunications
Transportation
Bathroom, Drinking Water Engineering
Others

Production by Region
North America
Europe
China
Japan
South Korea
India

Consumption by Region
North America
U.S.
Canada

Asia-Pacific
China
Japan
South Korea
China Taiwan
India
Southeast Asia

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

Latin America
Mexico
Brazil
Rest of Latin America