Brass Market Updates

Global Brass Market size was valued at USD 6.5 Billion in 2023 and is poised to grow from USD 6.8 Billion in 2024 to USD 10.2 Billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

The global brass market shows intense competition among major players as they are moving towards sustainability, technological advancements, and expansion of plans. Major manufacturers like Wieland-Werke AG and Mueller Industries or focusing towards eco-friendly product lines for instance, Mueller has increased the production of lead-free brass rods to meet strict environment regulations. Meanwhile, Highland group is expanding its Global fruit print with new manufacturing facilities in south east asia for the reduction of dependency on Chinese operations. Mitsubishi Materials has focused on precision engineering alloys with high performance for electronics which helps in meeting increasing Precision engineering demand. These initiatives indicate a shift towards innovation complaints and Geographic diversification. 'Truchum (China)', 'Hitachi (Japan)', 'Diehl Metall (Germany)', 'Chaplin Wire (UK)', 'BREMA (Italy)', 'Metal Alloys Corporation (India)', 'Laxmi Wire (India)', 'Dhara Brass Wire (India)', 'Super Metal Industries (India)', 'Ningbo Jintian (China)', 'Tongling Nonferrous Metals (China)', 'KME (Germany)', 'Hailiang Group (China)', 'CHALCO (China)', 'ALMAG SPA (Italy)', 'Mueller Industries (US)', 'Ningbo Jinglong (China)', 'Mitsubishi-shindoh (Japan)', 'LDM (Netherlands)', 'Poongsan (South Korea)', 'EGM Group (Italy)'

Brass is widely used in plumbing and sanitation systems because of its high corrosion resistance, durability, and ease of processing. The increasing demand for reliable plumbing materials is due to the development of residential and commercial constructions, especially in urbanizing regions. The products such as brass valves, fittings, and pipes provide long lasting performance in the high moisture environments which makes them a suitable choice for builders and contractors. Furthermore, the regulatory structures regarding the lead free plumbing components is further searching the adoption of brass alloys with safe compositions. These factors are therefore contributing considerably to the development of the brass market in the infrastructure and construction industries.

Is Asia-Pacific Leading the Global Brass Market?