The global consumption of Brass Rods products rises up from 2380 K Ton in 2012 to 2840 K Ton in 2017

First, as for the global residential Brass Rods industry, the industry concentration rate is highly dispersed. The top 5 manufacturers have 30.61% sales revenue market share in 2017. The Wieland which has 7.62% sales market share in 2017, is the leader in the Brass Rods industry. The manufacturers following Wieland are Daechang and KME, which respectively has 6.51% and 6.46% sales market share globally.

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Second, the global consumption of Brass Rods products rises up from 2380 K Ton in 2012 to 2840 K Ton in 2017, with CAGR of 4.52%. At the same time, the revenue of world Brass Rods sales market has a rise from 11807.52 M USD to 13683.32 M USD. The reason causes this increase is the growing demand for the Brass Rods products, which is the result of the spurring needs of downstream customers, especially for Automobile.

Third, as for the Brass Rods market, it will still show slow growth, and technological trends in the market will stay stable.

Fourth, market growth for Brass Rods is expected to growth at a CAGR of 3.17% from 2017 to 2022, reaching 16567.95 M USD by 2022.

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