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Phosphor Bronze Strips Market Size, Share, Development by 2024– Top Key players like Aurubis,KME,CNMC,Inc.
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Phosphor bronze is an alloy of copper with 0.5–11% of tin and 0.01–0.35% phosphorus. The tin increases the corrosion resistance and strength of the alloy. The phosphorus increases the wear resistance and stiffness of the alloy. These alloys are notable for their toughness, strength, low coefficient of friction, and fine grain. The phosphorus reduces the viscosity of the molten alloy, which makes it easier and cleaner to cast and reduces grain boundaries between crystallites.
Nowadays, there are three mainly types of Phosphor Bronze Strips. Different types of products have different applications. High Cu strips, was generally used in sensitive component, and low Cu strips was generally used in wear parts and elastic components. The share of different types of products varies from country to country.
Phosphor Bronze Strips were mainly used in Wear Parts, with over 90% share in recent years, followed by Elastic Components, with about 8% share.
According to this study, over the next five years the Phosphor Bronze Strips market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 10600 million by 2024, from US$ 8790 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Phosphor Bronze Strips business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Aurubis
KME
Furukawa Electric
CNMC
Wieland
Anhui Xinke
JX Nippon Mining & Metals
MKM
Jintian Group
Poongsan
Xingye Copper
CHALCO
Dowa Metaltech
Union Metal
Market Segment by Type, covers
Cu < 90%
Cu < 94%
Cu < 98%
Above 98%
Market Segment by Applications, can be divided into
Wear Parts
Elastic Components
Others
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Related Information:
North America Phosphor Bronze Strips Market Growth 2019-2024
United States Phosphor Bronze Strips Market Growth 2019-2024
Asia-Pacific Phosphor Bronze Strips Market Growth 2019-2024
Europe Phosphor Bronze Strips Market Growth 2019-2024
EMEA Phosphor Bronze Strips Market Growth 2019-2024
Global Phosphor Bronze Strips Market Growth 2019-2024
China Phosphor Bronze Strips Market Growth 2019-2024
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