Bronze Market Report: Trends, Forecast and Competitive Analysis to 2030

Bronze Trends and Forecast

The future of the global bronze market looks promising with opportunities in the marine, automotive, aerospace & defense, industrial, infrastructure & construction, and electrical & electronic markets. The global bronze market is expected to reach an estimated $10.2 billion by 2030 with a CAGR of 2.3% from 2024 to 2030. The major drivers for this market are increasing demand for durable and corrosion-resistant materials, growing preference for lightweight alloys, and expanding applications in various industries.

A more than 150-page report is developed to help in your business decisions.

Bronze by Segment

The study includes a forecast for the global bronze by type, alloy, end use, and region.

Bronze Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Aluminum Bronze
• Silicon Bronze
• Phosphor Bronze
• Leaded Tin Bronze
• Others

Bronze Market by Alloy [Shipment Analysis by Value from 2018 to 2030]:

• Aluminum
• Phosphous
• Silicon

Bronze Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Marine
• Automotive
• Aerospace & Defense
• Industrial
• Infrastructure & Construction
• Electrical & Electronics
• Others

Bronze Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bronze Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bronze companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bronze companies profiled in this report include-

• Lebronze Alloys
• Wieland Metals
• LDM
• National Bronze & Metals
• Ningbo Boway Alloy Material
• KME Germany
• Concast Metal Products
• PMX Industries
• Ningbo Xingye Shengtai
• Diehl Metall Stiftung

Bronze Market Insights

Lucintel forecasts that aluminum bronze is expected to witness the highest growth over the forecast period as it can operate in extremely corrosive and high-pressure environments.

Within this market, industrial will remain the largest segment as bronze process the property of resistance to corrosion.

APAC will remain the largest region over the forecast period due to rapidly expanding economy and expanding population and rising manufacturing activities in the region.

Features of the Global Bronze Market

Market Size Estimates: Bronze market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bronze market size by type, alloy, end use, and region in terms of value ($B).

Regional Analysis: Bronze market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, alloys, end uses, and regions for the bronze market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bronze market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the bronze market size?

Answer: The global bronze market is expected to reach an estimated $10.2 billion by 2030.

Q2. What is the growth forecast for bronze market?

Answer: The global bronze market is expected to grow with a CAGR of 2.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the bronze market?

Answer: The major drivers for this market are increasing demand for durable and corrosion-resistant materials, growing preference for lightweight alloys and expanding applications in various industries.

Q4. What are the major segments for bronze market?

Answer: The future of the bronze market looks promising with opportunities in the marine, automotive, aerospace & defense, industrial, infrastructure & construction, and electrical & electronic markets.

Q5. Who are the key bronze market companies?

Answer: Some of the key bronze companies are as follows.

• Lebronze Alloys
• Wieland Metals
• LDM
• National Bronze & Metals
• Ningbo Boway Alloy Material
• KME Germany
• Concast Metal Products
• PMX Industries
• Ningbo Xingye Shengtai
• Diehl Metall Stiftung

Q6. Which bronze market segment will be the largest in future?

Answer: Lucintel forecasts that aluminum bronze is expected to witness the highest growth over the forecast period as it can operate in extremely corrosive and high-pressure environments.

Q7. In bronze market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rapidly expanding economy and expanding population and rising manufacturing activities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bronze market by type (aluminum bronze, silicon bronze, phosphor bronze, leaded tin bronze, and others), alloy (aluminum, phosphous, and silicon), end use (marine, automotive, aerospace & defense, industrial, infrastructure & construction, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?