DUBLIN, October 4, 2017 /PRNewswire/ --
The "Bronze Market by Type (Aluminum, Phosphor, Silicon, Leaded Tin), End User (Industrial, Marine, Infrastructure & Construction, Automotive, Electrical & Electronics, Aerospace & Defense), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The bronze market was valued at USD 8.76 Billion in 2017 and is projected to reach USD 10.08 Billion by 2022, at a CAGR of 2.8% between 2017 and 2022
The increasing demand for bronze from various end users such as marine, automotive, industrial, and aerospace & defense is expected to drive the demand for bronze in the future.
The bronze market in South America is projected to grow at the highest CAGR from 2017 to 2022. However, Asia Pacific remains a major consumer of bronze, which is used by industrial, marine, infrastructure & construction, automotive, aerospace & defense, electrical & electronics, and other end users. The demand for bronze is increasing in both developed and emerging countries of the Asia Pacific region such as Japan, China, India, and South Korea. Bronze is widely used in the marine industry for the manufacturing of different components.
Asia Pacific remains a key region for the supply of ultra-large ship vessels, which are preferred for their fuel efficiency. The growing marine end user segment is expected to drive the bronze market. Key manufacturers from the US and Europe are now focusing on expanding their footprint in the Asia Pacific region.
Some of the factors that are likely to hinder the growth of the bronze market during the forecast period are the growing concerns over the use of lead in bronze products and a dearth of skilled laborers for bronze foundry operations.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Bronze Market, By Type
7. Bronze Market, By End User
8. Bronze Market, By Region
9. Competitive Landscape
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/nzm5vq/bronze_market_by
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SOURCE Research and Markets
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