The global bronze market size reached around USD 10.62 Billion in 2025. The market is projected to grow at a CAGR of 3.20% between 2026 and 2035 to reach nearly USD 14.55 Billion by 2035.
Base Year
Historical Period
Forecast Period
In 2020, China accounted for 29.4% of the total worldwide production of machine tools, leading to bronze market growth as well.
Apart from China, Germany (15.6%) and Japan (13.9%) were the leading worldwide producers of machine tools in 2020.
In 2020, the USA accounted for 11.1% of worldwide application of machine tools. Machinery makes use of bronze extensively.
Compound Annual Growth Rate
3.2%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Bronze Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 10.62 |
| Market Size 2035 | USD Billion | 14.55 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 3.20% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 3.6% |
| CAGR 2026-2035 - Market by Country | India | 4.2% |
| CAGR 2026-2035 - Market by Country | China | 3.4% |
| CAGR 2026-2035 - Market by Alloy Type | Aluminium | 3.5% |
| CAGR 2026-2035 - Market by Application | Mining | 3.7% |
| Market Share by Country 2025 | UK | 3.8% |
During 2023, the availability of copper surged by 4%, equating to 61 million tons. This indicates the increasing application of copper in manufacturing alloys such as bronze. Among regions, Latin America accounts for 55.6% (730.9 million tons) of global copper reserves. Of this, nearly 573.9 million tons are found in Chile and Peru. The Asia Pacific and North America account for 21% and 10% of copper reserves respectively due to the presence of sites such as Grasberg in Indonesia and Oyu Tolgoi in Mongolia. Presence of robust copper reserves has driven market’s growth.
Moreover, with the expansion of the construction and infrastructure sector, bronze is expected to emerge as a critical raw material for architects, which in turn, can drive the overall bronze market share. The expansion of the global shipbuilding industry, driven by the proliferation of global trade is also expected to drive the market. China is expected to lead the global shipbuilding industry over the forecast period. As per the Chinese Ministry of Industry and Information Technology, shipbuilding recorded a y-o-y growth of 11.8% in China. New shipbuilding orders increased by 56.4% and reached 71.2 million dwt, accounting for 66.6% share of the world. These factors are propelling market growth.
Microstructure refinement of nickel aluminium bronze; the development of medium-entropy bronze alloy; increasing automobile production; and increasing demand for phosphor bronze are major trends impacting the bronze market expansion.
The addition of different quantities of tin in the NAB alloy can significantly improve its mechanical properties, such as tensile strength (28.4%) and hardness (69%). This is one of the key bronze market trends.
A group of researchers from China developed medium-entropy bronze alloys through an induction melting technique containing different quantities of tin. This substantially improved its wear resistance nature and mechanical properties.
In 2022, nearly 85.4 million automobiles were produced worldwide, demonstrating a year-on-year growth of 5.7% from 2021. This is expected to increase the demand for bronze to produce engine components, thereby driving bronze market revenue.
The rising demand for phosphor bronze can be attributed to the global shift towards sustainability, since phosphor bronze is a recyclable material with a lower environmental impact.
One of the significant trends in the market is the increasing global demand for automotives, particularly electric vehicles. As per the industrial analysis, Greater China produced 27,222 thousand units of automotives in 2022, followed by Europe (16,391 thousand units), North America (14,901 thousand), and Japan and South Korea (11,334). The sustained increase in automotive production worldwide is expected to increase the demand for bronze over the forecast period, since it’s used in the production of various automotive components.
The EMR’s report titled “Global Bronze Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Alloy Type
Market Breakup by Application
Market Breakup by Region
Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is expected to grow at a CAGR of 3.6% because of rapid growth of the construction and manufacturing sector in the region.
| CAGR 2026-2035 - Market by | Country |
| India | 4.2% |
| China | 3.4% |
| UK | 2.9% |
| USA | 2.7% |
| Italy | 2.2% |
| Canada | XX% |
| Germany | XX% |
| France | XX% |
| Japan | 2.2% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Major mining companies are expected to benefit from enhancing their budgetary allocation for exploration of new copper reserves. This can potentially favour the bronze market dynamics.
Aurubis AG was founded in 1886 and is headquartered in Hamburg, Germany. It annually produces over 1 million tons of copper cathodes. Besides, it’s the world's largest manufacturer of non-ferrous metals, apart from being a leading recycler of copper products.
Mitsubishi Materials Corporation was founded in 1871 and is headquartered in Chiyoda, Tokyo. It is engaged in providing a wide range of engineering services to the medical, automotive, semiconductor, and electrical industries.
Proterial Metals, Ltd. was founded in 2023 and is headquartered in Tokyo, Japan. It is engaged in the manufacturing and marketing of automotive castings, speciality steel, rolls, magnetic materials, automotive components, and power electronics materials, among other products.
Marmetal Industries, LLC was founded in 1965 and is headquartered in Pennsylvania, United States. It is engaged in supplying precision engineered components and corrosion resistant alloys to numerous industries, including shipbuilding, architecture, and aerospace, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players included in the bronze market report are KME Germany GmbH, Wieland-Werke AG, Mueller Industries, National Bronze Manufacturing Co., Lebronze Alloys, and MetalTek International, among others.
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In 2025, the market reached an approximate value of USD 10.62 Billion.
The market is projected to grow at a CAGR of 3.20% between 2026 and 2035.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around USD 14.55 Billion by 2035.
Key trends aiding the market expansion are microstructure refinement of nickel aluminium bronze, the development of medium-entropy bronze alloy, and increasing automobile production.
The different applications of bronze include architectural parts, musical instruments, transportation, and industrial, among others.
The different types of alloys in the market are aluminium, phosphor, and silicon.
The key market players are KME Germany GmbH, Wieland-Werke AG, Aurubis AG, Mitsubishi Materials Corporation, Mueller Industries, Proterial Metals, Ltd., Marmetal Industries, LLC, National Bronze Manufacturing Co., Lebronze Alloys, and MetalTek International, among others.
The different regions covered in the market report include the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Alloy Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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