The global Lead Free Brass Rods market size was estimated at US$ 2249.31 million in the year 2023, is projected to reach a revised size of US$ 3091.86 million by 2030
Published Date: Wednesday,19 Jun,2024
Global Lead Free Brass Rods Market Summary
Lead Free Brass Rods means the Brass Rods does not contain Lead or contains a small amount of Lead but conforms to ELV and RoHS regulations. The Lead Free Brass Rods market covers Cu-Zn-Bi, Cu-Zn-Si, Cu-Zn-Sb, Others, etc. The typical players include SAN-ETSU, Mitsubishi Copper, Ningbo Jintian Copper, Powerway Alloy, Mueller Industries, DAECHANG, Guodong Copper, Hailiang, etc.
According to the new market research report “Global Lead Free Brass Rods Market Report 2024-2030”, published by GIResearch, the global Lead Free Brass Rods market size was estimated at US$ 2249.31 million in the year 2023, is projected to reach a revised size of US$ 3091.86 million by 2030, growing at a CAGR of 4.64% during the forecast period 2024-2030.
- Global Lead Free Brass Rods Market Size (US$ Million), 2019, 2023 and 2030
Source: GlobalInfoResearch, “Global Lead Free Brass Rods Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.
Market Drivers: Increasing environmental concerns and regulations regarding the use of lead in various industries, including plumbing and construction, have led to a shift towards lead-free alternatives. Lead is a toxic substance that can have harmful effects on human health and the environment. As a result, there is a growing demand for lead-free brass rods, which are considered safer and more environmentally friendly.
- Global Lead Free Brass Rods, Global Market Size, The Top Five Players Hold 68.84% of Overall Market
Source: GlobalInfoResearch, “Global Lead Free Brass Rods Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.
At present, the major players of Lead Free Brass Rods include Mitsubishi Copper, SAN-ETSU, Ningbo Jintian Copper, Powerway Alloy, Mueller Industries, DAECHANG, Hailiang, Guodong Copper, SUZHOU CHANG LE COPPER and Shree Extrusions.
In 2023, the global top five Global Lead Free Brass Rods players account for 68.84% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global Lead Free Brass Rods.
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