The new research report titled “Brass Rods Market, Global Industry Analysis, and Forecast to 2028″ gives a detailed analysis and future forecasts of the market. The report highlights the significant players, including market size, share, and demand, development. This report further covers the latest trends, technological advancements, and growth opportunities.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the brass rods market include Hailiang Group, Mueller Industries, Inc., Wieland Group, Mitsubishi Shindoh Co. Ltd., Kobe Steel, Ltd., KME Germany GmbH & Co. KG, Tongling Nonferrous Metals Group Holding Co., Ltd., Poongsan America Corporation, Variety Metals Pvt. Ltd., Hi-Tech Extrusion LLP, Gold Metal Extrusion. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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The major driving force behind the growth of the brass rods market is the increased rate of plumbing and architectural activities carried out in the ever-expanding construction sector. The increased demand for high end electrical and electronic gadgets will further propel the growth of this market since these rods form a viable option in the manufacturing sector due to their lightweight and high strength. Rapid urbanisation and industrialization will help in the exponential growth of the market because of the increased adoption of these rods in industrial machinery. COVID-19 pandemic will have minimal impact on the market growth except for reduced production. The constraints for market growth are the corrosive nature of the rods under stress and weakening due to dezincification.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of brass rods.
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The entire brass rods market has been sub-categorized into grade, product type and end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Free-Cutting Brass Rods
- Forging Brass Rods
- High-Tensile Brass Rods
- Naval Brass Rods
By Product Type
- Extruded Rods
- Hollow Rods
By End Use
- Industrial Machinery
- Electrical & Electronics
- Plumbing Fittings
This section covers regional segmentation which accentuates on current and future demand for brass rods market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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