Brass Rods Market Is Expected to Reach 18100 Million USD by the End of 2025

Brass Rods Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

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Los Angeles, CA -- (SBWire) -- 05/22/2019 --This study focuses on the production side and consumption side of Brass Rods, presents the global Brass Rods market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Brass Rods capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Brass Rods by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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. The Brass Rods market was valued at 14200 Million US$ in 2017 and is projected to reach 18100 Million US$ by 2025, at a CAGR of 3.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Brass Rods.

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This report includes the following manufacturers; we can also add the other companies as you want.

Wieland

Daechang

Ningbo Jintian

Tongling Nonferrous Metals

KME

Hailiang Group

CHALCO

ALMAG SPA

Mueller Industries

Ningbo Jinglong

GUODONG

Sanchuan

Market Segment by Product Type

Ordinary Brass Rods

Special Brass Rods

Market Segment by Application

Machines

Automotive

Electric

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