The global Brass Bars market was valued at 122.52 Million USD in 2021 and will grow with a CAGR of 1.59% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Brass Bars 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 Bars, which are comprised of copper and zinc; the other kind is special Brass Bars, which is comprised of copper, zinc, Sn and other metal. Mechanical properties and wear resistance of Brass Bars 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 Bars industry, the industry concentration rate is highly dispersed. The top 5 manufacturers have 29.11% sales revenue market share in 2016. The Wieland which has 6.51% market share in 2016, is the leader in the Brass Bars industry. The manufacturers following Wieland are Ningbo Jintian and KME, which respectively has 6.49% and 5.83% market share globally. Second, as for the Brass Bars market, it will still show slow growth, and technological trends in the market will stay stable.

By Market Verdors:

Ningbo Jintian

Tongling Nonferrous Metals

Wieland

KME

Hailiang Group

CHALCO

ALMAG SPA

Mueller Industries

Ningbo Jinglong

CK San-Etsu Co Ltd

Mitsubishi-shindoh

LDM

Poongsan

EGM Group

Sanchuan

By Types:

Ordinary Brass Bars

Neutral Brass Bars

High Precision Brass Bars

By Applications:

Machines

Automotive

Electric Appliances

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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