Market Overview:
The global Bronze
Industry, during the forecast period 2018-2025, will register growth at
a CAGR of 2.46%. The market for bronze is set to reach US$10.05 billion by
2025. As per market analysts, the global market is anticipated to witness
growth owing to the factors such as increasing use of aluminum and phosphor
bronze as well as use of bronze for electrical conduit manufacturing. However,
the market will face challenges and restraints due to the degradation of bronze
due to oxidation and growing concerns over the use of lead during the forecast
period 2018-2025.
Get Sample Report@ https://www.marketresearchfuture.com/sample_request/5941
Growing expansion of end-use sectors in the market is set to
play a key role in determining the growth potential during 2018-2025years.
Analysts have also studied the market to understand potential threats and
challenges the Bronze Industry companies
could face. Although the market is poised to grow at a fast pace across type,
end-users, and process segments, factors such as rising concerns regarding the
use of lead could slow down the market's growth worldwide.
Competitive Landscape
Bronze has seen increased demand over the years, due to
growing R&D investments and rising demand from the transport sector.
Companies functioning in the global market are also being challenged due to
lack of professional workers and stalled bronze foundry activities. Mergers and
acquisitions by market companies are anticipated to help the market during the
forecast period 2018-2025. As the Bronze
Industry is set to register a high CAGR of 2.46% and is also anticipated
to reach a US$10.05 billion by 2025, the report highlights key areas companies
need to focus on. The report suggests that the market will see a healthy growth
in the long run till 2025. Based on SWOT analysis and market’s analysis based
on Porters’ Five Force Model presented in the market report. Mergers and
acquisitions by market companies are anticipated to help the market during the
forecast period 2018-2025.
Industry News
Hunt Valve (Hunts Valve) is today announcing that it has
concluded its acquisition of Montreal Bronze Limited, a speciality valve
engineering and fabrication firm servicing United States Navies and industrial
custodians around the world (MB Valve). Hunt Valve is a US Navy and commercial
corporation specialising in valve technology and distribution, supplying
consumers worldwide. MB Valve supplies severe-duty maritime bronze valves in
Terrebonne, Quebec. The company also has a wide range of unique bronze and
steel alloy materials that fulfil special performance standards for Navy ships,
biomedical and nuclear uses, in the USA, Canada and NATO.
Market Segmentation
The Bronze Industry has been segmented into
type, end-users, and process. Based on the segment which is type, the market is
categorized on the basis of aluminum bronze, leaded bronze, manganese bronze,
phosphor bronze, silicon bronze, and others. The global market for bronze is
further segmented based on end-users into architecture, automotive & transportation,
electrical & electronics, marine, and others. Furthermore, the market, on
the basis of process is segmented into bronze casting, bronze extrusion, bronze
forging, and others.
The global Bronze
Industry research report covers all the aspects of the market based on
the segmental analysis of these type, end-users, and process segments. Analysts
have also studied the global market's regional markets spread across many
continents and countries. The type, end-users, and process segments along with their
sub-segments have been analyzed and companies functioning in the market across
these segments are profiled and analyzed based on input and feedback from
market-based decision makers as well as primary and secondary sources. The Bronze Industry research report presents
analysis-based information for companies functioning in the market.
Regional Overview
Use of lead may hinder the market growth. The market
research report suggests that companies in the market could be supported by
expansion of end-use sectors as well as increasing use of bronze for electrical
conduit output during the forecast period. The market is set to register growth
at a high CAGR owing to these key factors. The market is spread across North
America, Europe, Asia-Pacific, and other parts of the world. The global market
research report reveals that APAC, North America, and Europe regional markets
will dominate the global market for bronze during the forecast period
2018-2025. As per market analysts, the market is set to witness tremendous
growth across type, end-users, and process segments in North America which
covers Bronze Industrys across the
United States, Canada, Mexico and several other regional markets. Companies
active in the market are also analyzed and studied in the market research
report.
The market for Europe covers smaller market segments of
Germany, Italy, France, and the United Kingdom. Additionally, the Bronze Industry research report covers the
Asia-Pacific region covering markets from India, China, Japan, Australia, and others.
The Bronze Industry is also spread
across the rest of the world. The market report covers all such regions
including the Middle East, Africa, Brazil, and others.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/bronze-market-5941
No comments:
Post a Comment