Market Overview:
The global manganese bronze market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for manganese bronze in various end-use industries such as marine, space, automotive, industrial and others. Manganese bronzes are used in these industries owing to their properties such as high strength-to-weight ratio, corrosion resistance and wear resistance. North America is expected to lead the global manganese bronze market during the forecast period due to the presence of key players in this region and rising demand for manganese bronzes from various end-use industries.
Product Definition:
Manganese bronze is a type of alloy that contains copper, zinc, and manganese. It has a high strength-to-weight ratio and is corrosion resistant. It is commonly used in the manufacturing of bearings, gears, valves, and other components that require high strength and durability.
QMn1.5 (Cu-1.5Mn):
QMn1.5 (Cu-1.5Mn) is a type of alloy containing manganese, copper and 1.5 to 2 Mn of iron, which has applications in the manufacturing of manganese bronze for water pumps and automotive parts owing to its high casting strength and ductility as compared to pure manganese bronze.
QMn5 (Cu-5Mn):
QMn5 is a type of manganese bronze with 5% of copper content. It has high demand in the manufacturing of religious items such as Cross, Crucifix and other metal articles for churches or Temples. QMn5 is also used in various industries including medical, aerospace & defense and consumer goods which are projected to drive the market over the forecast period.
Application Insights:
The industrial application segment led the market and accounted for more than 45.0% share of the global volume in 2017. The product is widely used in industries such as electrical, mechanical, construction, and aerospace owing to its excellent corrosion resistance properties. It is also used in applications where high wear resistance is required such as oil & gas industry equipment or cutting tools for metal cutting machines.
The automotive application segment was valued over USD 150 million in 2017 and is expected to witness significant growth over the forecast period on account of increasing demand from passenger cars operating at elevated temperatures during road travel or while parked at a garage overnight.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The regional market is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries, such as automotive and industrial machinery. In addition, rising construction activities in emerging economies of Asia Pacific are anticipated to propel product demand.
The growing automotive industry in China and India is also projected to be a favorable factor for the market growth due to increased production levels of passenger vehicles. Furthermore, expansion plans by companies including Boeing and Airbus coupled with rising aerospace manufacturing activities are likely to augment product demand across this region during the forecast period.
Europe was estimated as one of the major consumers for manganese bronze products owing its huge automobile industry that uses these materials extensively for engine parts manufacturing along with other applications such as window grills and handlesets on account of their excellent performance characteristics under extreme conditions (i.e., high temperature).
Growth Factors:
- Increasing demand for electric vehicles due to environmental concerns and government initiatives
- Growing automotive industry in developing countries
- Rising demand for lightweight materials in transportation and construction industries
- Increasing use of manganese bronze alloys in electrical equipment and appliances
- Technological advancements that improve the performance of manganese bronze alloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Manganese Bronze Market Research Report
By Type
QMn1.5 (Cu-1.5Mn), QMn5 (Cu-5Mn)
By Application
Marine Industry, Space Industry, Automotive, Industrial, Other
By Companies
Concast Metal Products Co., MetalTek, Farmers Copper, Aviva Metals, Morgan Bronze, National Bronze Mfg., Beartech Alloys, Busby Metals, Govind Metal, Beckett Bronze Co., Inc., Metal Cast & Alloys, Belmont Metals, Supreme Metals, Krishna Copper Private Limited
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Manganese Bronze Market Report Segments:
The global Manganese Bronze market is segmented on the basis of:
Types
QMn1.5 (Cu-1.5Mn), QMn5 (Cu-5Mn)
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
Marine Industry, Space Industry, Automotive, Industrial, Other
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:
- Concast Metal Products Co.
- MetalTek
- Farmers Copper
- Aviva Metals
- Morgan Bronze
- National Bronze Mfg.
- Beartech Alloys
- Busby Metals
- Govind Metal
- Beckett Bronze Co., Inc.
- Metal Cast & Alloys
- Belmont Metals
- Supreme Metals
- Krishna Copper Private Limited
Highlights of The Manganese Bronze 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:
- QMn1.5 (Cu-1.5Mn)
- QMn5 (Cu-5Mn)
- By Application:
- Marine Industry
- Space Industry
- Automotive
- Industrial
- Other
- 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 Manganese Bronze 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Manganese Bronze is a type of bronze alloy that contains manganese. It is typically a yellow or brown color and has a low melting point, making it easy to cast. Manganese Bronze is often used in products that need to resist corrosion, such as water pipes and tanks.
Some of the major players in the manganese bronze market are Concast Metal Products Co., MetalTek, Farmers Copper, Aviva Metals, Morgan Bronze, National Bronze Mfg., Beartech Alloys, Busby Metals, Govind Metal, Beckett Bronze Co., Inc., Metal Cast & Alloys, Belmont Metals, Supreme Metals, Krishna Copper Private Limited.
The manganese bronze market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Manganese Bronze Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Manganese Bronze Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Manganese Bronze Market - Supply Chain
4.5. Global Manganese Bronze Market Forecast
4.5.1. Manganese Bronze Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Manganese Bronze Market Size (000 Units) and Y-o-Y Growth
4.5.3. Manganese Bronze Market Absolute $ Opportunity
5. Global Manganese Bronze Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Manganese Bronze Market Size and Volume Forecast by Type
5.3.1. QMn1.5 (Cu-1.5Mn)
5.3.2. QMn5 (Cu-5Mn)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Manganese Bronze Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Manganese Bronze Market Size and Volume Forecast by Application
6.3.1. Marine Industry
6.3.2. Space Industry
6.3.3. Automotive
6.3.4. Industrial
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Manganese Bronze Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Manganese Bronze Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Manganese Bronze Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Manganese Bronze Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Manganese Bronze Demand Share Forecast, 2019-2026
9. North America Manganese Bronze Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Manganese Bronze Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Manganese Bronze Market Size and Volume Forecast by Application
9.4.1. Marine Industry
9.4.2. Space Industry
9.4.3. Automotive
9.4.4. Industrial
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Manganese Bronze Market Size and Volume Forecast by Type
9.7.1. QMn1.5 (Cu-1.5Mn)
9.7.2. QMn5 (Cu-5Mn)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Manganese Bronze Demand Share Forecast, 2019-2026
10. Latin America Manganese Bronze Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Manganese Bronze Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Manganese Bronze Market Size and Volume Forecast by Application
10.4.1. Marine Industry
10.4.2. Space Industry
10.4.3. Automotive
10.4.4. Industrial
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Manganese Bronze Market Size and Volume Forecast by Type
10.7.1. QMn1.5 (Cu-1.5Mn)
10.7.2. QMn5 (Cu-5Mn)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Manganese Bronze Demand Share Forecast, 2019-2026
11. Europe Manganese Bronze Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Manganese Bronze Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Manganese Bronze Market Size and Volume Forecast by Application
11.4.1. Marine Industry
11.4.2. Space Industry
11.4.3. Automotive
11.4.4. Industrial
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Manganese Bronze Market Size and Volume Forecast by Type
11.7.1. QMn1.5 (Cu-1.5Mn)
11.7.2. QMn5 (Cu-5Mn)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Manganese Bronze Demand Share, 2019-2026
12. Asia Pacific Manganese Bronze Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Manganese Bronze Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Manganese Bronze Market Size and Volume Forecast by Application
12.4.1. Marine Industry
12.4.2. Space Industry
12.4.3. Automotive
12.4.4. Industrial
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Manganese Bronze Market Size and Volume Forecast by Type
12.7.1. QMn1.5 (Cu-1.5Mn)
12.7.2. QMn5 (Cu-5Mn)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Manganese Bronze Demand Share, 2019-2026
13. Middle East & Africa Manganese Bronze Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Manganese Bronze Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Manganese Bronze Market Size and Volume Forecast by Application
13.4.1. Marine Industry
13.4.2. Space Industry
13.4.3. Automotive
13.4.4. Industrial
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Manganese Bronze Market Size and Volume Forecast by Type
13.7.1. QMn1.5 (Cu-1.5Mn)
13.7.2. QMn5 (Cu-5Mn)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Manganese Bronze Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Manganese Bronze Market: Market Share Analysis
14.2. Manganese Bronze Distributors and Customers
14.3. Manganese Bronze Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Concast Metal Products Co.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MetalTek
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Farmers Copper
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aviva Metals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Morgan Bronze
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. National Bronze Mfg.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beartech Alloys
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Busby Metals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Govind Metal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Beckett Bronze Co., Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Metal Cast & Alloys
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Belmont Metals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Supreme Metals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Krishna Copper Private Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook