Market Overview:
The global bronze wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bronze wire in various applications, such as clothing accessories, hardware parts, electric products, solder and others. In terms of type, phosphor bronze wire is expected to lead the market during the forecast period owing to its properties such as high strength and corrosion resistance. In terms of region, Asia Pacific is projected to be the fastest-growing region during the forecast period owing to factors such as rising population and growing industrialization in countries such as China and India.
Product Definition:
Bronze wire is a type of metal alloy that is composed of copper and tin. It has a very high resistance to corrosion and therefore is often used in marine applications.
Phosphor Bronze Wire:
Phosphor bronze wire is a special type of electrical conductor, which consists of a mixture of tin and lead. It has high corrosion resistance and flexibility. It can be easily drawn into wires from flexible to rigid state under normal atmospheric conditions. The phosphor bronze wire finds its major application in electric cables that are used for power transmission purposes across the globe owing to their high insulation properties, low weight as well as cost effectiveness compared to other materials such as copper & aluminum wires.
Silicon Bronze Wire:
Silicon bronze wire is a special alloy of copper and tin. It has high electrical resistance than the normal bronze wires. Silicon bronze wire finds its application in lighting fixtures, motors, and other electronic products where high electrical resistance is required.
Application Insights:
The hardware parts application segment led the global bronze wire market in 2017. This can be attributed to its properties, such as high strength and good ductility, which make it suitable for manufacturing nuts, bolts and screws. The growing construction industry is also likely to contribute significantly towards product demand over the next few years. In addition, rising demand from electronic products such as resistors, capacitors and inductors is expected to drive the product demand in electronics applications over the forecast period.
Electric products are estimated to be one of the fastest-growing segments during the forecast period owing to increasing use of electric wires with high insulation resistance for manufacturing electrical equipment such as transformers and motors.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are projected to grow at a rapid pace over the coming years owing to their abundant supply of raw materials and low-cost labor force. This trend is anticipated to drive demand from major end-use sectors across industries such as construction, automotive and electrical & electronics among others.
The Asia Pacific regional market was followed by Europe in terms of revenue share in 2017 owing to high demand for solders from various end-use applications across numerous industries such as consumer appliances; industrial machinery; building & construction materials among others. The growing manufacturing sector on account of increasing foreign investments coupled with supportive government policies aimed at boosting domestic production activities within European countries will have a positive impact on industry growth during the forecast period.
Growth Factors:
- Increasing demand from electrical and electronics industry
- Rising demand for bronze wire in automobile sector
- Growing popularity of bronze wire in construction industry
- Rising consumption of bronze wire in industrial applications
- Technological advancements that promote the use of bronze wires
Scope Of The Report
Report Attributes
Report Details
Report Title
Bronze Wire Market Research Report
By Type
Phosphor Bronze Wire, Silicon Bronze Wire, Others
By Application
Clothing Accessories, Hardware Parts, Electric Products, Solder, Others
By Companies
Diehl Metall, Furukawa Electric, CK San-Etsu, Wieland, Aviva Metals, Chaplin Wire, Powerway Alloy, Lamifil, YHM, Saru Precision Wire, Ken-tron Mfg., Inc, Yamakin Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Bronze Wire Market Report Segments:
The global Bronze Wire market is segmented on the basis of:
Types
Phosphor Bronze Wire, Silicon Bronze Wire, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clothing Accessories, Hardware Parts, Electric Products, Solder, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diehl Metall
- Furukawa Electric
- CK San-Etsu
- Wieland
- Aviva Metals
- Chaplin Wire
- Powerway Alloy
- Lamifil
- YHM
- Saru Precision Wire
- Ken-tron Mfg., Inc
- Yamakin Group
Highlights of The Bronze Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phosphor Bronze Wire
- Silicon Bronze Wire
- Others
- By Application:
- Clothing Accessories
- Hardware Parts
- Electric Products
- Solder
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bronze Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bronze wire is a type of wire made from bronze. Bronze wires are often used in electrical wiring because they are strong and have a low resistance.
Some of the major players in the bronze wire market are Diehl Metall, Furukawa Electric, CK San-Etsu, Wieland, Aviva Metals, Chaplin Wire, Powerway Alloy, Lamifil, YHM, Saru Precision Wire, Ken-tron Mfg., Inc, Yamakin Group.
The bronze wire market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bronze Wire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bronze Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bronze Wire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bronze Wire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bronze Wire Market Size & Forecast, 2018-2028
4.5.1 Bronze Wire Market Size and Y-o-Y Growth
4.5.2 Bronze Wire Market Absolute $ Opportunity
Chapter 5 Global Bronze Wire Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bronze Wire Market Size Forecast by Type
5.2.1 Phosphor Bronze Wire
5.2.2 Silicon Bronze Wire
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bronze Wire Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bronze Wire Market Size Forecast by Applications
6.2.1 Clothing Accessories
6.2.2 Hardware Parts
6.2.3 Electric Products
6.2.4 Solder
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bronze Wire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bronze Wire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bronze Wire Analysis and Forecast
9.1 Introduction
9.2 North America Bronze Wire Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bronze Wire Market Size Forecast by Type
9.6.1 Phosphor Bronze Wire
9.6.2 Silicon Bronze Wire
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bronze Wire Market Size Forecast by Applications
9.10.1 Clothing Accessories
9.10.2 Hardware Parts
9.10.3 Electric Products
9.10.4 Solder
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bronze Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Bronze Wire Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bronze Wire Market Size Forecast by Type
10.6.1 Phosphor Bronze Wire
10.6.2 Silicon Bronze Wire
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bronze Wire Market Size Forecast by Applications
10.10.1 Clothing Accessories
10.10.2 Hardware Parts
10.10.3 Electric Products
10.10.4 Solder
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bronze Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bronze Wire Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bronze Wire Market Size Forecast by Type
11.6.1 Phosphor Bronze Wire
11.6.2 Silicon Bronze Wire
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bronze Wire Market Size Forecast by Applications
11.10.1 Clothing Accessories
11.10.2 Hardware Parts
11.10.3 Electric Products
11.10.4 Solder
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bronze Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Bronze Wire Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bronze Wire Market Size Forecast by Type
12.6.1 Phosphor Bronze Wire
12.6.2 Silicon Bronze Wire
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bronze Wire Market Size Forecast by Applications
12.10.1 Clothing Accessories
12.10.2 Hardware Parts
12.10.3 Electric Products
12.10.4 Solder
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bronze Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bronze Wire Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bronze Wire Market Size Forecast by Type
13.6.1 Phosphor Bronze Wire
13.6.2 Silicon Bronze Wire
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bronze Wire Market Size Forecast by Applications
13.10.1 Clothing Accessories
13.10.2 Hardware Parts
13.10.3 Electric Products
13.10.4 Solder
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bronze Wire Market: Competitive Dashboard
14.2 Global Bronze Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diehl Metall
14.3.2 Furukawa Electric
14.3.3 CK San-Etsu
14.3.4 Wieland
14.3.5 Aviva Metals
14.3.6 Chaplin Wire
14.3.7 Powerway Alloy
14.3.8 Lamifil
14.3.9 YHM
14.3.10 Saru Precision Wire
14.3.11 Ken-tron Mfg., Inc
14.3.12 Yamakin Group
