Over the next five years, Research study projects that Brass Rods Market will register a 3.1% CAGR in terms of revenue, reach US$ 17000 million by 2023, from US$ 14200 million in 2017. In this report, Research Study covers the present scenario (with the base year being 2017) and the growth prospects of global Brass Rods market for 2018-2023.

Portland, OR -- (SBWire) -- 07/05/2018 --Brass Rods 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 Rods, which are comprised of copper and zinc; the other kind is special Brass Rods, which is comprised of copper, zinc, Sn and other metal. Mechanical properties and wear resistance of Brass Rods is good, therefore it has been widely used to manufacture precision instruments, ship parts, automobile parts, appliances parts, and instruments parts.

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As for the global residential Brass Rods Market, the industry concentration rate is highly dispersed. The top 5 manufacturers have 30.61% sales revenue market share in 2016. The Wieland which has 7.62% sales market share in 2016, is the leader in the Brass Rods industry. The manufacturers following Wieland are Daechang and KME, which respectively has 6.51% and 6.46% sales market share globally.

Although sales of Brass Rods products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Brass Rods field hastily.

This report presents a comprehensive overview, market shares, and growth opportunities of Brass Rods market by product type, application, key manufacturers and key regions.

To calculate the market size, Research study considers value and volume generated from the sales of the following segments:

Segmentation by product type:

- Ordinary Brass Rods
- Special Brass Rods

Segmentation by application:

- Machines
- Automotive
- Electric
- Other

This report also splits the market by region:

- Americas
- APAC
- Europe
- UK
- Middle East & Africa
- GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report are Wieland, Daechang, Ningbo Jintian, Tongling Nonferrous Metals, KME, Hailiang Group, CHALCO, ALMAG SPA, Mueller Industries, Ningbo Jinglong, GUODONG and Sanchuan.

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Related Report:

2018-2023 Global Lead Free Brass Rods Consumption Market Report

This report presents a comprehensive overview, market shares, and growth opportunities of Lead Free Brass Rods market by product type, application, key manufacturers and key regions. The mainly player in global including SAN-ETSU, Wieland, Mitsubishi Shindoh, Powerway Alloy, DAECHANG Co., Ltd., Guodong Copper Manufacture, Shree Extrusions, Mueller Industries and Hailiang, etc.

Over the next five years, Research study projects that Lead Free Brass Rods will register a 9.7% CAGR in terms of revenue, reach US$ 2000 million by 2023, from US$ 1260 million in 2017.

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