Los Angeles, CA -- (SBWIRE) -- 06/24/2019 -- 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.
First, as for the global residential Brass Bars industry, the industry concentration rate is highly dispersed. The top 5 manufacturers have 29.11% sales revenue market share in 2016. The Wieland which has 6.51% market share in 2016, is the leader in the Brass Bars industry. The manufacturers following Wieland are Ningbo Jintian and KME, which respectively has 6.49% and 5.83% market share globally.
Second, as for the Brass Bars market, it will still show slow growth, and technological trends in the market will stay stable.
The global Brass Bars market was 11900 million US$ in 2018 and is expected to 13600 million US$ by the end of 2025, growing at a CAGR of 1.6% between 2019 and 2025.
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This report studies the Brass Bars market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Brass Bars in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Ordinary Brass Bars
Neutral Brass Bars
High Precision Brass Bars
By the end users/application, this report covers the following segments
Machines
Automotive
Electric Appliances
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