Global Forging Brass
Market Report
2024
Global Forging Brass market size was $274.3 Million in 2022. Forging Brass Industry's Compound Annual Growth Rate will be 3.4% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Forging Brass market size was $247.3 Million in 2022. Forging Brass Industry's Compound Annual Growth Rate will be 3.4% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Forging Brass Market Sales Revenue 2022 | $ 247.3 Million |
Global Forging Brass Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Forging Brass Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Brass forging is a metal-forming process that uses high pressure to form brass into complex shapes and patterns. The manufacturing process for brass forgings begins with the selection of raw materials, followed by heating, forging, and final finishing. Brass billets are used as raw materials in the manufacture of brass forgings. A billet of brass is heated to a high temperature to make it pliable, then placed in a forging press where it is hammered, stamped, and rolled into the desired shape. Brass alloys can be easily shaped and are available in various colors and it has high thermal conductivity. Forged brass consists of copper and zinc alloys that are heated up to 900 degrees Fahrenheit. The forging process is considered the backbone of the manufacturing industry. The automotive industry depends significantly on forged metal components for various applications, such as crankshafts, transmission gears, and bearings. Further, brass hot forging provides a number of benefits over the metal forming processes such as cold forming. Additionally, hot brass forging needs less material than other methods, which can lower expenses for small-scale businesses and reduce overall manufacturing spending. Brass is extremely ductile at forging temperatures. This makes it easier to form complex components. By using brass forging methods, incorporating complex details into the design can be easier. This metal alloy can be used in a wide variety of applications. It can be used in the manufacture of bathroom accessories such as doorknobs, locks, gears, automotive, electrical and electronic parts, plumbing, valves, and hydraulic fittings, building components, medical devices, marine components, seawater piping, and others. The production of brass-forged parts can maximize savings. Forging is performed in many industrial applications that may resemble new advanced manufacturing facilities. The industry is continually evolving new forgeable composites, computational modeling, and assisting design and engineering. All these factors will bring numerous opportunities for the forging brass market during the forecast period.
The rise in demand for metal processing in various end-use industries such as construction, automotive, electrical, and electronics is a key driving factor contributing to the demand for the forging brass market. Forging is the metal processing process that puts pressure on metal billet to achieve excellent mechanical properties and desired shape by the use of forging press machinery. Brass is the most used material in the forging process. The United States forging industry advanced greatly in the last few years. Forgings are commonly used where reliability and human safety are important concerns, such as in making components in airplanes, automobiles, tractors, ships, oil drilling equipment, engines, missiles, and other kinds of equipment. Forgings are increasingly adopted for applications requiring high ductility, impact toughness, fracture toughness, and fatigue strength. The construction industry is majorly using forging brass due to its excellent properties such as high strength, durability, and corrosion resistance. It is used extensively for various applications such as plumbing fixtures, door handles, locks, hinges, and decorative elements. Additionally, forging brass is used in buildings and structures as a component in the fasteners, nuts, bolts, and screws. On the other hand, forging brass is increasingly being used in constructing energy-efficient buildings as it provides great thermal conductivity, allowing it to transfer heat efficiently. As a result, the demand for forging brass is continually increasing in the construction of energy-efficient windows and doors.
The automotive industry is another major adopter of forging brass due to its excellent properties. In the engine components, forging brass is used to manufacture valve guides and valve seats, which provide an excellent seal and help to reduce wear and tear of the engine components. This forging process is used in fuel system parts such as fuel rails, injectors, and connectors due to its high resistance to corrosion and good machinability. In addition, forging brass is used in manufacturing components for electric vehicles, such as battery terminals and connectors, due to its excellent electrical conductivity and corrosion resistance. This has resulted in increased demand for the forging brass market in the automotive industry. In aerospace, many aircraft contain more than 400 structural forgings and several forged engine parts. Forged parts include bulkheads, hinges, engine mounts, brackets, beams, shafts, landing-gear cylinders, arresting hooks, and many others. All these aforementioned factors are positively influencing the growth of the forging brass market.
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Electric Materials Company specializes in manufacturing copper forgings, extrusions, castings, electric commutators, and AC rotors. The company’s product lines included street railway repair parts, drop forgings, and more. The company’s products are distributed around the world and service the electrical power, mining, transportation, military, and architectural markets. The company offers copper, bronze, and brass forgings.
Top Companies Market Share in Forging Brass Industry: (In no particular order of Rank)
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The regional analysis offers Forging Brass market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in Forging Brass market . Forging Brass market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.
The current report Scope analyzes Forging Brass Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Forging Brass Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Forging Brass Industry growth. Forging Brass market has been segmented with the help of its Type, Application , and others. Forging Brass market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Forging Brass analyzed in this report are as follows:
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Forging Brass Market.
Some of the key Application of Forging Brass are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Forging Brass Market is witnessing significant growth in the near future.
In 2023, the Containing 5% zinc segment accounted for noticeable share of global Forging Brass Market and is projected to experience significant growth in the near future.
The Automotive & Transportation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Mueller Brass Co.Inc., Electric Materials Company and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The forging brass market continues flourishing globally, driven by its variety of advantages across industries. Its superior strength, durability, machinability, and thermal and electrical conductivity make it a sought-after material for many uses. Moreover, the Aesthetic appeal of forging brass adds a bit of polish and refinement to different items.
Disclaimer:
Type | Containing 5% zinc, Containing 10% zinc, Containing 15% zinc, Containing 20% zinc |
Application | Automotive & Transportation, Electrical and electronic parts, Sanitary, Solenoid valves and hydraulic fittings, Heating ventilation and air conditioning, Medical appliances, Musical Instruments, Marine Hardware, Seawater piping, Building hardware |
List of Competitors | Mueller Brass Co.Inc., DEECO Metals Inc., Electric Materials Company, BE I Allbrass Industrial BV, Bunty LLC, Midwest Brass Forging Co., Queen City Forging Co., Brawo S.p.A., FORBRASS S.A., SGV Forging in Skultuna AB, Others |
This chapter will help you gain GLOBAL Market Analysis of Forging Brass. Further deep in this chapter, you will be able to review Global Forging Brass Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Forging Brass market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Containing 5% zinc have a significant impact on Forging Brass market? |
What are the key factors affecting the Containing 5% zinc and Containing 10% zinc of Forging Brass Market? |
What is the CAGR/Growth Rate of Automotive & Transportation during the forecast period? |
By type, which segment accounted for largest share of the global Forging Brass Market? |
Which region is expected to dominate the global Forging Brass Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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