Naval brass is a type of special brass made by adding a small amount of tin (about 1%) to 64 brass (a copper alloy consisting of 60% copper and 40% zinc). It is also called naval brass because of its high resistance to seawater and is mainly used for ships and in the chemical industry.

Admiralty brass, which is made by adding tin and arsenic to C73 brass, is also known as a special brass with tin added. However, its use in Japan is limited due to its inferior resistance to corrosion compared to aluminum brass (Alblac) to which aluminum is added.

The global Naval Brass market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Naval Brass Industry Forecast” looks at past sales and reviews total world Naval Brass sales in 2023, providing a comprehensive analysis by region and market sector of projected Naval Brass sales for 2024 through 2030. With Naval Brass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Naval Brass industry.

This Insight Report provides a comprehensive analysis of the global Naval Brass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Naval Brass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Naval Brass market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Naval Brass and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Naval Brass.

United States market for Naval Brass is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Naval Brass is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Naval Brass is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Naval Brass players cover:

• Global Metals
• Shree Extrusions Limited
• Metal Alloys Corporation
• Rajhans Metals Pvt. Ltd.
• Parrax Metal

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Naval Brass market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• Alpha/Beta Brass
• Alpha Brass
• Beta Brass

Segmentation by Application:

• Shipbuilding
• Chemical Industry
• Others

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration:

• Global Metals
• Shree Extrusions Limited
• Metal Alloys Corporation
• Rajhans Metals Pvt. Ltd.
• Parrax Metal
• Nippon Shindo Company, Limited.
• Gonda Metal Industry
• Busby Metals, Inc.
• BombayMetalCorporation

Key Questions Addressed in this Report:

1. What is the 10-year outlook for the global Naval Brass market?
2. What factors are driving Naval Brass market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Naval Brass market opportunities vary by end market size?
5. How does Naval Brass break out by Type, by Application?