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Brass Rods Market Sales Revenue to Reach USD 13683.32 Million Soaring at 3.17% to 2022

04-26-2018 02:17 PM CET | Industry, Real Estate & Construction

Press release from: Market Study Report

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Brass Rods Market Sales Revenue to Reach USD 13683.32 Million

This report studies the Brass Rods market, 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.

First, 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 2017. The Wieland which has 7.62% sales market share in 2017, 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.

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Second, the global consumption of Brass Rods products rises up from 2380 K Ton in 2012 to 2840 K Ton in 2017, with CAGR of 4.52%. At the same time, the revenue of world Brass Rods sales market has a rise from 11807.52 M USD to 13683.32 M USD. The reason causes this increase is the growing demand for the Brass Rods products, which is the result of the spurring needs of downstream customers, especially for Automobile.

Third, as for the Brass Rods market, it will still show slow growth, and technological trends in the market will stay stable.

Fourth, market growth for Brass Rods is expected to growth at a CAGR of 3.17% from 2017 to 2022, reaching 16567.95 M USD by 2022.

Scope of the Report:

This report focuses on the Brass Rods in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
• Wieland
• Daechang
• Ningbo Jintian
• Tongling Nonferrous Metals
• KME
• Hailiang Group
• CHALCO
• ALMAG SPA
• Mueller Industries
• Ningbo Jinglong
• GUODONG
• Sanchuan

Market Segment by Regions, regional analysis covers
• North America (USA, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
• Ordinary Brass Rods
• Special Brass Rods

Market Segment by Applications, can be divided into
• Machines
• Automotive
• Electric
• Other

Inquiry of discount on this premium report at: https://www.marketstudyreport.com/check-for-discount/135759/?utm_source=OPR-CC

Related Report:

Global and Chinese Lightning Rods Industry, 2018 Market Research Report
The 'Global and Chinese Lightning Rods Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Lightning Rods industry with a focus on the Chinese market. The report provides key statistics on the market status of the Lightning Rods manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Read More: https://www.marketstudyreport.com/reports/global-and-chinese-lightning-rods-industry-2018-market-research-report/?utm_source=OPRRR-CC

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Market Study Report
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United States
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/

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