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Brass Rods Market was valued at US$ 16060 million in 2023 and is anticipated to reach US$ 19260 million by 2030 | Key Players: Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals, KME

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Brass Rods Market was valued at US$ 16060 million in 2023 and is anticipated to reach US$ 19260 million by 2030 | Key Players: Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals, KME

March 12
10:12 2024
Brass Rods Market was valued at US$ 16060 million in 2023 and is anticipated to reach US$ 19260 million by 2030 | Key Players: Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals, KME
Brass Rods Market: $19.26B, 2.6% CAGR by 2030
The Brass Rods Market is anticipated to exceed $19.26 billion by 2030, showcasing a steady 2.6% CAGR. This growth is propelled by increased adoption in construction, automotive, and electrical industries, driving demand for brass rods worldwide.

Synopsis

This report studies the Brass Rods market, Brass Rods 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 Rods, which are comprised of copper and zinc; the other kind is special Brass Rods, which is comprised of copper, zinc, Sn and other metal. Mechanical properties and wear resistance of Brass Rods is good, therefore it has been widely used to manufacture precision instruments, ship parts, automobile parts, appliances parts, and instruments parts.

The global Brass Rods Market was valued at US$ 16060 million in 2023 and is anticipated to reach US$ 19260 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024-2030.

As for the global residential Brass Rods industry, the industry concentration rate is highly dispersed. The top 5 manufacturers are Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals and KME, ​have 30% sales revenue market share. The Wieland which has 7% sales market share, is the leader in the Brass Rods industry. The manufacturers following Wieland are Daechang and KME, which respectively has 6.5% and 6.4% sales market share globally.

This report aims to provide a comprehensive presentation of the global market for Brass Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Brass Rods.

Report Scope

The Brass Rods market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Brass Rods market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Brass Rods manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  • Wieland
  • Daechang
  • Ningbo Jintian
  • Tongling Nonferrous Metals
  • KME
  • Hailiang Group
  • CHALCO
  • ALMAG SPA
  • Mueller Industries
  • Ningbo Jinglong
  • GUODONG
  • Sanchuan

 

Segment by Type

  • Ordinary Brass Rods
  • Special Brass Rods

 

Segment by Application

  • Machines
  • Automotive
  • Electric Appliances
  • Others

 

Production by Region

  • North America
  • Europe
  • South America
  • Japan
  • China
  • South Korea

 

Consumption by Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Brass Rods manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Brass Rods by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Brass Rods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

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