United States Brass Tube Market
United States Brass Tube Market, By Type (Casting-Rolling (CR), Extrusion); By End Use Industry (Automotive, Construction, Industrial Machinery, Plumbing & HVAC, Electrical & Electronics, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: September 2024
- Report ID: BWC24721
- Available Format: PDF
- Page: 128
Report Overview
Expanding industrial sector driving the demand for brass tubes, superior corrosion resistance enhancing brass tube appeal, high thermal conductivity boosting application in heat-intensive industries, and excellent workability supporting versatile fabrication are expected to drive United States Brass Tube Market during the forecast period between 2024 and 2030.United States Brass Tube Market – Industry Trends & Forecast Report, 2030
United States Brass Tube Market size was estimated at USD 2.4 billion in 2023. During the forecast period between 2024 and 2030, United States Brass Tube Market size is projected to grow at a CAGR of 2.1% reaching a value of USD 2.71 billion by 2030. Prominent drivers of the market include the rising demand for corrosion-resistant and durable materials across various industries. Admiralty brass tubing, a copper-zinc alloy with added tin and arsenic, is highly valued for its durability and resistance to dezincification, making it ideal for shipbuilding, heat exchangers, and oil well pumps. Commercial brass tubing, with 65% copper and 37% zinc, is popular for its excellent cold-working properties and affordability, widely used in general engineering and agricultural equipment. Aluminum brass tubing, known for its superior corrosion resistance, is primarily applied in water cooling systems, desalination plants, and offshore platforms. The increasing demand for brass tubing in the U.S. is fueled by its versatile applications in heat exchange systems, agricultural fittings, interior design, and musical instruments. The material’s exceptional corrosion resistance, durability, and malleability make it a preferred choice across shipbuilding, construction, oil and gas, and water treatment sectors. Moreover, rising investments in infrastructure, energy, and marine sectors, along with the growing focus on sustainable and long-lasting materials, further boost the market growth in both industrial and consumer markets.
Brass Tube – Overview
Brass tube refers to a cylindrical hollow section made from brass, which is an alloy primarily composed of copper and zinc. It is characterized by its excellent corrosion resistance, durability, and malleability, allowing it to be easily formed and fabricated into various shapes and sizes. Brass tubes are commonly used in a wide range of applications, including plumbing, heat exchangers, automotive parts, electrical components, and decorative items, due to their aesthetic appeal and functional properties. The specific properties of brass tubes can vary depending on the alloy composition, which may also include elements such as lead, tin, or aluminum to enhance specific characteristics.
United States Brass Tube Market
Growth Drivers
Superior Corrosion Resistance Enhancing Brass Tube Appeal
Brass tube, a hollow cylindrical section made primarily from a copper-zinc alloy, is highly valued for its superior corrosion resistance, which significantly enhances its appeal across a wide range of industries. The inherent durability and malleability of brass make it ideal for applications where exposure to harsh environments is common, such as plumbing, heat exchangers, automotive parts, and electrical components. Additionally, its resistance to corrosion ensures longevity, even in challenging conditions, while its workability allows for versatile fabrication into various shapes and sizes. The alloy composition of brass tubes, which may include elements like lead, tin, or aluminum, further enhances their performance in specific applications. These properties, combined with their aesthetic appeal, make brass tubes a popular choice in both functional and decorative applications across industries.
Challenges
Volatile Raw Material Prices
High volatility of raw material prices, such as copper and zinc, is restraining the growth of United States Brass Tube Market by creating instability in production costs and pricing strategies. Fluctuations in the global metals market directly impact brass tube manufacturing, leading to increased operational expenses and reduced profit margins for manufacturers. The instability makes it challenging for businesses to plan long-term investments, thereby affecting the overall market growth and expansion in United States.
Impact of Escalating Geopolitical Tensions on United States Brass Tube Market
Escalating geopolitical tensions among countries and spreading across regions could have a significant impact on the growth of United States Brass Tube Market. Trade restrictions, tariffs, and disruptions in the global supply chain, particularly for key raw materials like copper and zinc, could lead to increased production costs and supply shortages. These tensions may also result in unpredictable price fluctuations, creating instability for manufacturers and buyers alike. Additionally, strained international relations may hinder export opportunities and slow down-market expansion. As geopolitical risks persist, they pose serious challenges to the stability and growth of the United States Brass Tube Market.
United States Brass Tube Market
Segmental Coverage
United States Brass Tube Market – By Type
By type, United States Brass Tube Market is bifurcated into Casting-Rolling (CR) and Extrusion segments.
United States Brass Tube Market – By End Use Industry
Based on end use industry, United States Brass Tube Market is divided into Automotive, Construction, Industrial Machinery, Plumbing & HVAC, Electrical & Electronics, and other segments. The automotive segment holds the highest share in United States Brass Tube Market by end use industry, due to brass tube’s common application in manufacturing components like fuel and brake lines, as well as radiators and exhaust systems. The demand is fueled by the necessity for reliable, durable, and cost-effective parts that comply with stringent vehicle safety standards. Moreover, advancements in manufacturing processes and materials for brass tubes are further enhancing their appeal within the automotive sector, making them a preferred choice for various applications.
Competitive Landscape
Major players operating in United States Brass Tube Market include Ningbo Jintian, Tongling Nonferrous Metals, Wieland, KME, Hailiang Group, CHALCO, ALMAG SPA, Mueller Industries, Ningbo Jinglong, Chase Brass, and CK San-Etsu Co Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
USD Billion |
Market Coverage |
United States |
Product/ Service Segmentation |
Type, End Use Industry |
Key Players |
Ningbo Jintian, Tongling Nonferrous Metals, Wieland, KME, Hailiang Group, CHALCO, ALMAG SPA, Mueller Industries, Ningbo Jinglong, Chase Brass, CK San-Etsu Co Ltd |
By Type
-
Casting-Rolling (CR)
-
Extrusion
By End Use Industry
-
Automotive
-
Construction
-
Industrial Machinery
-
Plumbing & HVAC
-
Electrical & Electronics
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- United States Brass Tube Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Driver
- Industrial Expansion Driving Market Demand
- Superior Corrosion Resistance Enhancing Brass Tube Appeal
- High Thermal Conductivity Boosting Application in Heat-Intensive Industries
- Excellent Workability Supporting Versatile Fabrication
- Restraints
- Price Volatility Affecting Market Stability
- Competitive Pressure from Substitute Materials
- Opportunities
- Technological Advancements Creating New Market Opportunities
- Infrastructure Investments Spurring Demand Growth
- Challenges
- Intense Global Competition in the Brass Tube Market
- Supply Chain Vulnerabilities Impacting Production and Pricing
- Growth Driver
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- United States Brass Tube Market: Marketing Strategies
- United States Brass Tube Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share and Forecast
- By Type
- Casting-Rolling (CR)
- Extrusion
- By End Use Industry
- Automotive
- Construction
- Industrial Machinery
- Plumbing & HVAC
- Electrical & Electronics
- Others
- By Type
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- United States Brass Tube Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on United States Brass Tube Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Ningbo Jintian
- Tongling Nonferrous Metals
- Wieland
- KME
- Hailiang Group
- CHALCO
- ALMAG SPA
- Mueller Industries
- Ningbo Jinglong
- Chase Brass
- CK San-Etsu Co Ltd
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 United States Brass Tube Market Segmentation
Figure 2 United States Brass Tube Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 United States Brass Tube Market Size, By Value (USD Million), 2019–2030
Figure 5 United States Brass Tube Market Share, By Type, By Value, 2019–2030
Figure 6 United States Brass Tube Market Share, By End User Industry, By Value, 2019–2030
List of Tables
Table 1 United States Brass Tube Market Size, By Value (USD Million), 2019–2030
Table 2 United States Brass Tube Market Share, By Type, By Value, 2019–2030
Table 3 United States Brass Tube Market Share, By End User Industry, By Value, 2019–2030
Table 4 Ningbo Jintian Company Overview
Table 5 Ningbo Jintian Financial Overview
Table 6 Tongling Nonferrous Metals Company Overview
Table 7 Tongling Nonferrous Metals Financial Overview
Table 8 Wieland Company Overview
Table 9 Wieland Financial Overview
Table 10 KME Company Overview
Table 11 KME Financial Overview
Table 12 Hailiang Group Company Overview
Table 13 Hailiang Group Financial Overview
Table 14 CHALCO Company Overview
Table 15 CHALCO Financial Overview
Table 16 ALMAG SPA Company Overview
Table 17 ALMAG SPA Financial Overview
Table 18 Mueller Industries Company Overview
Table 19 Mueller Industries Financial Overview
Table 20 Ningbo Jinglong Company Overview
Table 21 Ningbo Jinglong Financial Overview
Table 22 Chase Brass Company Overview
Table 23 Chase Brass Financial Overview
Table 24 CK San-Etsu Co Ltd Company Overview
Table 25 CK San-Etsu Co Ltd Financial Overview
Market Segmentation
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
Frequently Asked Questions (FAQs):
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research Support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Custom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.