$10.08 Billion Bronze Market Growth Steady at 2.8% CAGR to 2022 Driven by Aluminum Bronze Segment

The bronze market is forecast to reach $10.08 billion by 2022 from $8.76 billion in 2017 at a CAGR of 2.8% during (2017-2022) driven by the high corrosion resistance properties and growing demand from marine and automotive industries and the rising demand for bronze from Europe and Asia Pacific.

PUNE, India, Sept. 17, 2017 /PRNewswire-iReach/ -- Asia Pacific is projected to lead the bronze market from 2017 and 2022. This region is a major market for bronze, which is in demand from various end users such as industrial, marine, infrastructure & construction, automotive, electrical & electronics, aerospace & defense, etc. The demand for bronze is increasing in various countries of the Asia Pacific region such as India, Japan, and South Korea. 

Browse 93 Market Data Tables and 43 Figures spread through 190 Pages and in-depth TOC on "Bronze Market by Type (Aluminum, Phosphor, Silicon, Leaded Tin), End User (Industrial, Marine, Infrastructure & Construction, Automotive, Electrical & Electronics, Aerospace & Defense), and Region - Global Forecast to 2022"  http://www.reportsnreports.com/reports/1184857-bronze-market-by-type-aluminum-phosphor-silicon-leaded-tin-end-user-industrial-marine-infrastructure-construction-automotive-electrical-electronics-aerospace-defense-and-region-global-forecast-to-2022.html .

Industrial is projected to be the largest end user segment of the bronze market. Based on end user, the bronze market has been segmented into industrial, marine, infrastructure & construction, automotive, electrical & electronics, aerospace & defense, and others. Industrial is projected to be the largest end user segment, owing to the increasing use of bronze-based products in industrial engineering and manufacturing plants. Bronze has excellent tensile strength, ductility, weldability, and resistance to fatigue and wear, which increase its suitability for industrial engineering. It is used to manufacture bearings, valve components, high strength clamps, bushings, and wear plate. The rising use of bronze in various applications is fueling the growth of the bronze market.

The bronze market research study covers the following key aspects:

  1. What will be the market size by 2022 and what will be the growth rate?
  2. What are the key market trends?
  3. What are the factors that are expected to drive the growth of the market?
  4. What are the challenges that impact market growth?
  5. Who are the key players in the market?

Based on type, the aluminum bronze market is expected to witness the highest growth from 2017 to 2022. Based on type, the aluminum bronze segment is expected to witness the highest growth during the forecast period, owing to its intrinsic properties such as high corrosion resistance and strength. Aluminum bronze is an important engineering material and is widely used in different end-use industries such as marine, aerospace, and industrial. It is designed to be used in extreme environments such as marine and underwater applications, and in the manufacturing of components that are used in seawater systems, oil & gas platforms, and desalination plants. The growing demand for aluminum bronze from different end users is one of the main factors fueling the growth of the global bronze market.

The key players in the bronze market are Lebronze Alloys (France), Diehl Metall Stiftung & Co. KG (Germany), Wieland Metals Inc. (US), KME Germany GMBH & Co. KG (Germany), LDM B.V. (Netherlands), Concast Metal Products Co. (US), National Bronze & Metals, Inc. (US), PMX Industries Inc. (US), Ningbo Boway Alloy Material Co Ltd. (China), Ningbo Xingye Shengtai Group Co., Ltd (China), etc.   Inquire for Discount on "Bronze Market by Type (Aluminum, Phosphor, Silicon, Leaded Tin), End User (Industrial, Marine, Infrastructure & Construction, Automotive, Electrical & Electronics, Aerospace & Defense), and Region - Global Forecast to 2022" research report at  http://www.reportsnreports.com/contacts/discount.aspx?name=1184857 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (12%), Tier 2 (38%), and Tier 3 (50%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level Executives (25%), Director Level (12%), and Others (63%) from various key organizations operating in the Bronze Market. The primary interviews were conducted worldwide covering regions such as North America (25%), Europe (17%), Asia-Pacific (25%) and RoW (33%).

The global bronze market report covers key regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America including major countries in these regions such as the US, China, India, Germany, and Brazil. This report offers an overview of market trends, drivers, and challenges with respect to the bronze market. It also provides a detailed overview of the market across five regions, namely, Asia Pacific, Europe, North America, Middle East & Africa, and South America. The report categorizes the bronze market based on type, end user, and region. A detailed analysis of leading players, along with key growth strategies adopted by them has also been covered in the report.

Another research titled Nickel Alloys Market Global Forecast to 2022 says, the nickel alloys market is estimated at $12.14 billion in 2017 and is projected to reach $14.68 billion by 2022, at a CAGR of 3.9% between 2017 and 2022. The high performance alloy segment is expected to witness the highest growth from 2017 to 2022. The aerospace & defense segment is projected to be the largest segment in the nickel alloys market. The market in the Asia Pacific projected to witness highest growth during the forecast period. Companies such as VDM Metals (Germany), Aperam S.A. (Luxembourg), Sandvik Materials Technology AB (Sweden), Allegheny Technologies Incorporated (US), Carpenter Technology Corporation (US), ThyssenKrupp AG (Germany), Haynes International Inc. (US), Precision Castparts Corporation (US), Voestalpine AG (Austria), Rolled Alloys Inc. (US) have been profiled in this 164 pages research report available at  http://www.reportsnreports.com/contacts/requestsample.aspx?name=1133678 .

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2017

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Science & Tech


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Chemical, Machine Tools, Metalworking and Metallurgy, Mining & Metals, Precious Metals



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