The global bronze market is expected to register a rapid revenue CAGR over the forecast period. The bronze market revenue growth is primarily driven by factors such as increasing popularity of high-temperature resistant metal coating and parts in various industries.
Bronze is a metal alloy created by combining tin and copper, although this may comprise additional elements if necessary. It is now regarded as a copper alloy with well-defined working characteristics and alloying components. Lead, manganese, nickel, silicon, zinc, and other elements are added to enhance and generate a diverse range of grades. Bronze's high copper concentration allows metal to rust in air, resulting in a distinctive mottled patina. This oxidation also keeps bronze from corroding, which is especially important in salty environments. When exposed to the surrounding atmosphere, bronze oxidizes solely upon the outer layer. This layer is made up of copper oxide, which is soon turned into copper carbonate. The outside oxidized coating protects the core metal from further deterioration. Chlorine chemicals that react with bronze, on the other hand, cause "bronze sickness," which begins when corrosion breeds additional corrosion and gradually degrades the alloy over time.
Top Companies Operating in the Global Bronze Market:
- Lebronze Alloys Group (France)
- Diehl Metall Stiftung Co. KG. (Germany)
- Wieland Metals, Inc. (U.S.)
- KME Germany GmbH (Germany)
- LDM Global (U.S.)
- Concast Metal, Inc. (U.S.)
- National Bronze Mfg. Co. (U.S.)
- PMX Industries Inc. (U.S.)
- Ningbo Boway Alloy Material Co. Ltd. (China)
- Ningbo Xingye Shengtai Group (China)
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Increasing need for versatile, corrosion-resistant, and highly ductile alloys due to rapid industrialization, and rising automotive industries are some key factors expected to drive market growth. Alloys are produced with metals possessing specific qualities and for specific purposes. This particular alloy is highly flexible and can be used to produce a variety of products, from heavy weight bearing construction material to musical instruments and coins. In addition, technological advancements leading to the development of new equipment and processes, strengthening manufacturing capacities of various major companies, is another factor contributing to revenue growth of the market during the forecast period.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Bronze market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Bronze market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Bronze market key players
3.2 Global Bronze size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Bronze market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Bronze Market Segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Aluminum Bronze
- Phosphor Bronze
- Silicon Bronze
- Leaded Tin Bronze
- Others
Application/End-use Outlook (Revenue, USD Billion; 2019-2030)
- Industrial
- Marine
- Infrastructure Constructure
- Automotive
- Electrical Electronics
- Aerospace Defense
- Others
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