Global Brass Rods Market Size By Product Type, By Grade, By End-Use, By Geographic Scope And Forecast

Brass Rods Market Size And Forecast

Brass Rods Market size was valued at USD 16.51 Billion in 2024 and is projected to reach USD 20.8 Billion by 2031, growing at a CAGR of 2.6% during the forecasted period 2024 to 2031.

An expansion is being encountered in the demand for Brass Rods in marine constructions owing to their corrosion-free properties. The Brass Rods Market is growing prominently since the growth in the development activities in varied emerging economies. Additionally, a boost in the alloy usages as the urge for added strength in construction manufacturers is booming, these aspects are expected to propel the Global Brass Rods Market growth. The Global Brass Rods Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Brass Rods Market Definition

Brass rod is a composite of Copper and Zinc which is recognized for its tremendous strength and protection against corrosion. Brass Rods are hollow portions of leaded brass frequently produced in the shape of a rod utilized for machining purposes. These rods show excellent mechanical attributes and are resistant to corrosion with large electrical conductivity.

These rods come in a diverse variety of sizes and see their employment in the manufacture of tools used in sanitary ware, electronics, automotive, industrial equipment, plumbing, and architecture. It is beneficial for the marine construction business owing to its durability, corrosive resistance, and hard material.

Global Brass Rods Market Overview

The expanded rate of plumbing and architectural projects carried out in the expanding construction division is the boosting factor for the Brass Rods Market growth. Moreover, an increment is being encountered in the popularity of Brass Rods in marine constructions on account of their corrosion-free characteristics. An upsurge in the alloy usages as the requirement for more strength in construction manufacturers is flourishing, these facets are assumed to drive the market growth.

The augmented need for high-end electrical and electronic gadgets will further force the growth of the Brass Rods Market as these rods form a valuable option in the manufacturing division owing to their lightweight and huge strength. Furthermore, speedy industrialization will help in the substantial growth of the market due to the augmented adoption of these rods in industrial machinery.

Additionally, the Brass Rods Market is growing particularly since the rise in the development activities in different developing economies like India, China, and Indonesia. These factors have positively anticipated propelling the growth of the global market. There are certain limitations and barriers endured that will restrict the market growth. The factors such as alternative materials used in constructions and the absence of metal extraction are inhibiting the growth of the market.

Further, the corrosive nature of the rods under stress and weakening due to dezincification is the potential restraints hampering the overall growth of the global Brass Rods Market. Nevertheless, the continuous developments in technologies in manufacturing processes have increased the demand for high-strength materials in various industries, and untapped potential in emerging markets offers promising growth opportunities.

Global Brass Rods MarketSegmentation Analysis

The Global Brass Rods Market is Segmented on the basis of Product Type, Grade, End-Use, And Geography.

Brass Rods Market, By Product Type

• Extruded Rods• Hollow Rods

Based on Product Type, the market is segmented into Extruded Rods and Hollow Rods. The extruded rods segment holds the largest market share during the forecast period. The factors that can be attributed to its broad array of applications in plumbing fittings and electrical & electronics components are accelerating the demand for this segment.

Brass Rods Market, By Grade

• Free-cutting Brass Rods• Forging Brass Rods• High-tensile Brass Rods• Naval Brass Rods• Others

Based on Grade, the market is segmented into Free-cutting Brass Rods, Forging Brass Rods, High-tensile Brass Rods, Naval Brass Rods, and Others. The free-cutting Brass Rods segment holds the largest market share during the forecast period. The factors that can be attributed to its ease of production and cost-effectiveness are driving the demand for this segment.

Brass Rods Market, By End-Use

• Industrial Machinery• Automotive• Electrical & Electronics• Plumbing Fittings• Others

Based on End-Use, the market is segmented into Industrial Machinery, Automotive, Electrical & Electronics, Plumbing Fittings, and Others. The construction segment continues to be the largest market share during the forecast period. The factors that can be attributed to the rise in domestic and international investments have augmented the demand for construction components, excellent material properties such as high malleability and high thermal capacity enhance the demand for this segment.

Brass Rods Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific holds the largest market share. The rise in the need for Brass Rods in industrial machinery, plumbing fittings, and electrical & electronics applications, increase in construction activities in the Asia Pacific, due to the development of residential and industrial infrastructure, and ongoing projects will boost the market in the APAC region.

Key Players In Brass Rods Market

The “Global Brass Rods Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Aluminum Corporation of China Limited, Tongling Nonferrous Metals Group Holding Co., Ltd, KME, Hailiang Group, Ningbo Jintian, Mueller Industries, Mitsubishi-shindoh, Kobelco, Wieland, Poongsan, and Others.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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