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Global Brass Rods Market Will Register a 3.1% CAGR in Terms of Revenue, Reach USD 17 Billion by 2023, from USD 14.2 Billion in 2017

New Global Brass Rods Market Report Covers market forecast and top Companies like Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals, KME and others.

Posted: Wednesday, July 11, 2018 at 6:58 PM CDT

Lewes, DE -- (SBWire) -- 07/11/2018 --Global Brass Rods will register a 3.1% CAGR in terms of revenue, reach US$ 17000 million by 2023, from US$ 14200 million in 2017.

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.

As for the global residential Brass Rods industry, the industry concentration rate is highly dispersed. The top 5 manufacturers have 30.61% sales revenue market share in 2016. The Wieland which has 7.62% sales market share in 2016, is the leader in the Brass Rods industry. The manufacturers following Wieland are Daechang and KME, which respectively has 6.51% and 6.46% sales market share globally.

Although sales of Brass Rods products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Brass Rods field hastily.
Over the next five years, Publisher projects that Brass Rods will register a 3.1% CAGR in terms of revenue, reach US$ 17000 million by 2023, from US$ 14200 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- Wieland
- Daechang
- Ningbo Jintian
- Tongling Nonferrous Metals
- KME
- Hailiang Group
- CHALCO
- ALMAG SPA
- Mueller Industries
- Ningbo Jinglong
- GUODONG
- Sanchuan

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Ordinary Brass Rods
- Special Brass Rods

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Machines
- Automotive
- Electric
- Other

Spanning over 146 pages "Forecast of Global Brass Rods Market 2023" report covers Brass Rods Market Overview, Global Brass Rods Sales, Revenue (Value) and Market Share by Players, Global Brass Rods Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Brass Rods Sales, Revenue and Price, Europe Top 5 Players Brass Rods Sales, Revenue and Price, Asia-Pacific Top 5 Players Brass Rods Sales, Revenue and Price, South America Top 5 Players Brass Rods Sales, Revenue and Price, Middle East & Africa Top 5 Players Brass Rods Sales, Revenue and Price, Global Brass Rods Players Profiles/Analysis, Global Brass Rods Market Forecast (2018-2023), Brass Rods Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-brass-rods-market-2023

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Forecast of Global Brass Rods Market 2023