The global Brass Rods market was valued at 135.04 Million USD in 2021 and is projected to increase at a CAGR of 3.24% from 2021 to 2027.
Final Report will add the analysis of the impact of COVID-19 on this industry.
Global “Brass Rods Market“ report offers insights into the latest growth and trends. It summarizes key aspects of the market, with focus on leading key player’s areas that have witnessed the highest demand, leading regions and applications. It also offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2022-2026, The Report Contain Many Pages With Detailed Analysis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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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.
Global Brass Rods Market: Drivers and Restrains
Brass Rods market is split by Type and by Application. For the period 2022-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Top Listed Manufacturers in the Brass Rods Market Report are:
- Ningbo Jintian
- Tongling Nonferrous Metals
- Hailiang Group
- ALMAG SPA
- Mueller Industries
- Ningbo Jinglong
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- Ordinary Brass Rods
- Special Brass Rods
By the Application, this report covers the following segments
Market segment by Region, regional analysis covers
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)
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Key Points thoroughly explain the Brass Rods market Report:
Chapter 1 Industry Overview
Chapter 2 Global Brass Rods Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Brass Rods Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 14 Company Profiles and Key Figures in Brass Rods Business
Chapter 15 Global Brass Rods Market Forecast (2022-2027)
Chapter 16 Conclusions
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