Bronze Market Size & Insights
The Global Bronze Market size was valued at USD 11.35 billion in 2024 and is expected to reach USD 13.73 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.22% during the forecast period, i.e., 2025-30. The Global Bronze Market is significantly growing due to several growth factors, including the growing construction projects, infrastructure development, industrial expansion, increasing manufacturing, increasing government support, and rising research, development studies, and advanced manufacturing processes, including the production of lead-free bronze, etc. One of the most prominent growth factors is the rising industrialization, including the automotive industry, which is raising the demand for bronze alloys for making different automotive parts, such as brakes, connectors, springs, bushings, bearings, gears, valves, etc.
What are the Key DROs in the Bronze Market??
Increasing Investments in R&D of Alloys – The rising R&D programs in the development of innovative alloys, including high-quality bronze, are offering lucrative opportunities for significant market growth & development. For instance, a recent research in Malaviya National Institute of Technology (MNIT), Jaipur, India, (2024-2027) introduced a Cold Spray Technology that received about USD75,000. This technology aimed to improve bronze’s resistance to wear and corrosion, especially in marine environments, to make it more durable.
What are the Key Segments in the Bronze Market?
The Bronze is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
- Aluminum Bronze
- Phosphor Bronze
- Silicon Bronze
- Manganese Bronze
- Leaded Tin Bronze
- Others
Out of these, the phosphor bronze holds the largest market share of about 35%. This is due to its high electronic conductivity, excellent strength, and wear resistance over other types of bronze.
By Product Form
- Bronze Rods & Bars
- Bronze Sheets & Plates
- Bronze Wires
- Bronze Castings
- Others
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By End User
- Marine & Offshore
- Electrical & Electronics
- Industrial Machinery
- Automotive
- Infrastructure & Construction
- Aerospace & Defense
- Others
How does geographical analysis highlight in the Bronze market?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Asia-Pacific is dominating the Global Bronze Market, accounting for more than 70% of the market share. This dominance is due to the high industrial and manufacturing base in countries like China, India, Japan, South Korea, Vietnam, etc.
Who are the Key Players in Bronze Market?
- Wieland Group
- Mitsubishi Materials Corporation
- KME Germany GmbH
- Luvata
- National Bronze Mfg.
- Concast Metal Products Co.
- Diehl Metall
- Aviva Metals
- Lebronze Alloys
- Ningbo Boway Alloy Material Co., Ltd.
- LDM B.V
- PMX Industries, Inc.
- Morgan Bronze Products, Inc.
- MetalTek International and others
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Bronze Market News
- 2025: Lebronze Alloys expanded its global presence by acquiring two companies, Allied Copper Alloys (ACA) and AW Fraser. This move strengthened its copper alloy product range and boosted production capacity. The acquisition helps Lebronze better serve industries like aerospace, marine, and industrial manufacturing by offering a wider selection of high-performance bronze and copper-based materials globally.
- 2024: Wieland Group acquired Morgan Bronze Products, Inc., a U.S.–based family-owned precision-machining specialist in copper-based alloys. This expanded Wieland’s engineered parts portfolio for growth markets (e.g., aerospace, industrial, heavy equipment) and strengthened its North American footprint.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
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- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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