Global Bronze Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Bronze is defined as an alloy that majorly consists of copper and other metals such as tin, zinc, and aluminum. Bronze is used in the construction of musical instruments, sculptures, and medals, and in industrial applications such as bushings and bearings. Bronze also has nautical applications owing to its resistance to corrosion. The hardness of the alloy allows it to be used in heavy-duty components, mostly in the aerospace industry. The growing demand for bronze from many end users such as marine, automotive, industrial, and aerospace & defense is anticipated to drive the demand for bronze. The key factor driving the market growth is rising research & development activities and growing demand for the bronze in aerospace industries owing to its lightweight property that improves the performance and endurance of the aircraft.
In aerospace industries bronze is used in the manufacturing of wheel & brake components, landing gear bushings, hydraulic components, actuators of aircraft and other aircraft applications. Thus, growth in aerospace & defense sector is boosting the adoption of bronze. For instance, according to the Boeing Market Outlook, aerospace and defense industry is estimated to be valued USD 8.7 trillion by 2028 from USD 8.1 trillion in 2018. In addition, technological advancements are expected to create significant growth opportunities in the market over the forecast period. However, growing concern over the use of lead in bronze coupled with lack of skilled labors impedes the growth of the market over the forecast period of 2022-2029.
The key regions considered for the Global Bronze Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia pacific is the dominating region across the world in terms of market share, owing to the growth in automotive manufacturing units and assemblies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2029. Factors such as growing marine industry, rising consumption of bronze, industrialization, and presence of key market players, would create lucrative growth prospects for the bronze market across Asia-Pacific region.
Major market players included in this report are:
- Lebronze Alloys
- Diehl Metall Stiftung & Co. Kg
- Wieland Metals Inc.
- KME Germany GmbH & Co Kg.
- LDM B.V.
- Concast Metal Products Co
- National Bronze & Metals, Inc.
- PMX Industries Inc.
- Ningbo Boway Alloy Material Co Ltd
- Ningbo Xingye Shengtai Group Co., Ltd
Recent Developments in the Market:
- In March 2019, Hunt Valve Company announced its acquisition of Montreal Bronze Ltd, a manufacturing company of bronze valves for maritime, pharmaceutical, and nuclear applications. As a result, the company's product line expanded, and its company was strengthened.
Global Bronze Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Aluminium Bronze
- Phosphor Bronze
- Silicon Bronze
- Leaded Tin Bronze
- Others
By End User:
- Industrial
- Marine
- Infrastructure & Construction
- Automotive
- Electrical & Electronics
- Aerospace & Defence
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Bronze Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Bronze Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Bronze Market, by End User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Bronze Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Bronze Market Dynamics
- 3.1. Bronze Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for the bronze in aerospace industries
- 3.1.1.2. Rising research & development Investments
- 3.1.2. Market Challenges
- 3.1.2.1. Fluctuations in the prices of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Technological advancements in bronze development
Chapter 4. Global Bronze Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Bronze Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Bronze Market by Type, Performance - Potential Analysis
- 6.3. Global Bronze Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Bronze Market, Sub Segment Analysis
- 6.4.1. Aluminum Bronze
- 6.4.2. Phosphor Bronze
- 6.4.3. Silicon Bronze
- 6.4.4. Leaded Tin Bronze
- 6.4.5. Others
Chapter 7. Global Bronze Market, by End User
- 7.1. Market Snapshot
- 7.2. Global Bronze Market by End User, Performance - Potential Analysis
- 7.3. Global Bronze Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
- 7.4. Bronze Market, Sub Segment Analysis
- 7.4.1. Industrial
- 7.4.2. Marine
- 7.4.3. Infrastructure & Construction
- 7.4.4. Automotive
- 7.4.5. Electrical & Electronics
- 7.4.6. Aerospace & Defense
- 7.4.7. Others
Chapter 8. Global Bronze Market, Regional Analysis
- 8.1. Bronze Market, Regional Market Snapshot
- 8.2. North America Bronze Market
- 8.2.1. U.S. Bronze Market
- 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. End User breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Bronze Market
- 8.3. Europe Bronze Market Snapshot
- 8.3.1. U.K. Bronze Market
- 8.3.2. Germany Bronze Market
- 8.3.3. France Bronze Market
- 8.3.4. Spain Bronze Market
- 8.3.5. Italy Bronze Market
- 8.3.6. Rest of Europe Bronze Market
- 8.4. Asia-Pacific Bronze Market Snapshot
- 8.4.1. China Bronze Market
- 8.4.2. India Bronze Market
- 8.4.3. Japan Bronze Market
- 8.4.4. Australia Bronze Market
- 8.4.5. South Korea Bronze Market
- 8.4.6. Rest of Asia Pacific Bronze Market
- 8.5. Latin America Bronze Market Snapshot
- 8.5.1. Brazil Bronze Market
- 8.5.2. Mexico Bronze Market
- 8.5.3. Rest of Latin America Bronze Market
- 8.6. Rest of The World Bronze Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Lebronze Alloys
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Diehl Metall Stiftung & Co. Kg
- 9.2.3. Wieland Metals Inc.
- 9.2.4. KME Germany GmbH & Co Kg.
- 9.2.5. LDM B.V.
- 9.2.6. Concast Metal Products Co
- 9.2.7. National Bronze & Metals, Inc.
- 9.2.8. PMX Industries Inc.
- 9.2.9. Ningbo Boway Alloy Material Co Ltd
- 9.2.10. Ningbo Xingye Shengtai Group Co., Ltd
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption