Phosphate Bronze Wire Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Phosphate Bronze Wire Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Phosphor bronze is an alloy of copper, phosphorus, and tin. The phosphorus in the alloy increases its stiffness and wear resistance, whereas the tin increases its corrosion resistance and strength. Phosphor bronze alloys are distinguished for their low co-efficient of friction, strength, fine grain, and toughness. The phosphorus in the alloy decreases viscosity, thereby making the molten alloy cleaner and easier to cast and reducing the grain boundaries stuck between crystallites. Phosphate bronze wires are used in applications that require resistance against chemicals, wear, and fatigue. For example, bolts and springs and propellers in ships. They are also used in dental bridges and nonferrous spring alloys. Demand for phosphate bronze wires is high primarily due to their moderate cost, high electric conductivity, and physical properties. Moreover, the wires can be molded into a wide variety of shapes, which makes them ideal for use in electrical contacts, springs, and a range of wire forms. Phosphate bronze wires offer many advantages over the more expensive beryllium copper. Furthermore, phosphate bronze wires are used in cryogenics, where the wires’ combination of low thermal conductivity and fair electrical conductivity permits the creation of electrical connections to devices at ultra-low temperature without the addition of excessive heat.

Phosphate bronze wires are also used in numerous niche applications such as electromagnetic interference shielding, security paper, electrical parts of products, cloth filters and belts, house architecture, and wind tunnels for testing airplane aerodynamics. Many factories use bronze belts or other phosphate bronze wire mesh owing to their numerous beneficial properties such as low thermal conductivity and electrical conductivity. Phosphate bronze wires are also utilized in the paper industry, where they can be up to 6 meters wide, which is a huge benefit for the industry.

The global phosphate bronze wire market can be segmented based on type, application, end- use, and region. In terms of type, the global phosphate bronze wire market can be divided into CuSn5, CuSn6, and CuSn8. Based on application, the global phosphate bronze wire market can be classified into power transmission, communication, musical instruments, and others. In terms of end-use, the global phosphate bronze wire market can be segmented into industrial, construction, and others.

Based on region, the global phosphate bronze wire market can be segmented into Middle East & Africa, Asia Pacific, Europe, Latin America, and North America. North America dominated the phosphate bronze wire market in 2016, closely followed by Europe and Asia Pacific. The trend is anticipated to continue throughout the forecast period. The U.S. held a prominent share of the phosphate bronze wire market in North America in 2016 and is estimated to remain a dominant country of the phosphate bronze wire market in the region during the forecast period. Furthermore, the market in the U.S. is anticipated to expand at a rapid pace in the near future due to expansion of the shipping and construction industries in the country. The phosphate bronze wire market in Asia Pacific is also projected to be very attractive during the forecast period due to expansion opportunities offered by developing economies of the region. Furthermore, the construction industry in Latin America is anticipated to augment the phosphate bronze wire market in the region in the near future.

Key players operating in the global phosphate bronze wire market include Ametek, NBM Metals, Brim Electronics, Chaplin Wire, Well Fore Special Wire Corporation, Loos and Company, Ken-Tron, Little Falls Alloy, California Fine Wire, Olin Corporation, Daburn Electronics & Cable, Standard Wire & Cables, and Gibbs Wire.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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