Phosphor Bronze Market Report 2023

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GLOBAL PHOSPHOR BRONZE MARKET REPORT 2023
Global,Regional,CountryAnalysis
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INTRODUCTION
Phosphor bronze is a copper alloy composed of
copper that is alloyed with tin phosphorus and
it is commonly known as Phos bronze or tin
bronze. It was originally created by the Belgian
Georges Montefiore-Levi. The alloyed tin
increases the corrosion resistance and strength
of copper, while phosphorus increases its wear
resistance and stiffness.
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KEY INSIGHTS
FORECAST 1,219.39 Million
2028
2023- 2030
CAGR 4.49
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REVENUE MARKET SHARE BY SEGMENTS 2022
APPLICATION SEGMENT
TYPE SEGMENT
Electronic and Electric USD 347.54 Million
C54400 USD 681.77 Million
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GLOBAL PHOSPHOR BRONZE MARKET REVENUE SHARE FOR
2022
North America USD 397.76 Million
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Rapid growth in the electronic and electrical
industry
Drivers

• High market fragmentation
• Grey market providing low quality and inexpensive
  products.

Restraints
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AUTHOR'S PERSPECTIVE

• The Global Phosphor Bronze Market revenue in
  2016 USD 1,120.23 Million
• C54400 held for largest share of total revenue
  generated in 2019
• Industrial Application held maximum share of
  Phosphor Bronze market in 2019
• Rapid industrialization urbanization
  consequent increase in the demand for industrial
  products boost the growth of market
• Rapid growth in the electronic and electrical
  industry enhance the growth of phosphor bronze
  market
• Rising competition in the market is creating
  rivalry and an unorganized market
• Growing emerging economies will boost the growth
  of market

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KEY PLAYERS
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