What is Bearing Bronze Market Scope?
Bronze is becoming an increasingly important material, owing to its diversification throughout the 20th and 21st centuries. There are many types of bronze available for purchase; each with their own valuable properties, but the bearing bronze is the most popular alloy within the market. Bearing bronze is resistant to seawater corrosion just as are most other bronzes, making them useful for marine and submerged applications, especially in pumps and cylinders. It is also resistant to wear and does not need to be lubricated as often as other bronzes (ex. manganese bronze), as it self lubricates. It is comparatively weaker than some other alloys but has a good combination of ductility, strength, and excellent machinability. The key advantage of bearing bronze is its ease of machining. Some materials have a difficult time dealing with tooling stresses such as milling, turning, and drilling, as the material, is either too hard or too brittle to be worked.
Bearing Bronze Market Dynamics:
Attributes | Details |
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Growth Drivers | - The Increased Demand from the Marine Industry Owing To the Alloy Has Reasonable Corrosion Resistance to Seawater and Brine
- The Growing Demand from the Automotive Industry
- The Rising Applications of Bearing Bronze in the Industrial Applications
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Influencing Trends | - Increased Application of Bearing Bronze in the Marine Industry
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Restraints | - An Availability of Other Types of Alloy
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Gaps & Opportunities | - The Growing Demand from the Other Industry Verticals
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The Bearing Bronze market study is being classified by Type (Rod, Bar, Wire, Tube and Others), by Application and major geographies with country level break-up.
The market is highly competitive with the presence of several prominent vendors within the industry. Some of these players are adopting some organic and inorganic strategies such as a merger, acquisition, partnership, product launches, among others in order to gain competitive advantage within the market. Moreover, some of these players are focusing on technological advancements in order to offer the products as per the market necessities. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Bearing Bronze market throughout the predicted period.
National Bronze Mfg. (United States), Bearing Bronze Limited (Canada), Aviva Metals (United States), Morgan Bronze (United States), MetalTek (United States), Alro Steel (United States), Farmers Copper (United States), Concast Metal Products Co. (United States), Beartech Alloys (United States), Busby Metals (United States), Govind Metal (India) and Beckett Bronze Co., Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are ABS Bearings (United States), Turbotek Industries (India), Beckett Bronze Co., Inc. (India) and Imperial Brass Component (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Bearing Bronze market by Type, Application and Region.
On the basis of geography, the market of Bearing Bronze has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Target Audience
Bearing Bronze Manufacturers, Bearing Bronze Raw Material Suppliers, Bearing Bronze Traders/Distributors, Bearing Bronze Importer/Exporter, Regulatory & Government Bodies, Downstream Vendors, Others and Others
Bearing Bronze Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
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