United States Bronze Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

United States Bronze Market Growth

The plumbing industry is the fifth largest construction category in the United States. The increasing consumer expenditure on home improvement projects and rising investments into the development of new buildings is driving industrial growth. There are nearly 480,000 plumbers and 128,000 small business in the United States. There are over 300 public franchises in the USA which are dominated by 3 national-level brands. As per the market analysis, new residential construction in the USA is expected to continue growing at a rate of over 2% throughout 2026, which is expected to drive the demand for plumbing services. This, in turn, is expected to raise the demand for bronze valves and pumps, which is expected to enhance the United States bronze market expansion.

Additionally, in 2022, the demand for electricity rose by 2.6% y-o-y in the United States. As per the International Energy Agency, the current electricity demand is further expected to soar by 2.5%, due to the rapid electrification of the transportation sector and the increasing establishment of new data centers. This trend is in line with the global growth in power demand, which rose by 2.2% in 2023. The United States bronze market analysis states that metal is expected to find increasing application in the development of switchgears, busbars, and electrical connectors, which is expected to sustain bronze demand over the forecast period.

Key Trends and Developments

United States Bronze Market Trends

In 2022, nearly 13.74 million light trucks and cars were sold to US businesses and consumers. With the anticipated growth of the freight and logistics industry, the demand for heavy duty trucks is expected to sustain the market expansion. In early 2023, nearly 79.24% of all vehicles sold were trucks, with brands such as Ram (468,344), Ford (653,957 units), and Chevrolet (513,354) emerging as the best-selling models. This is expected to drive the market as this metal is extensively used in the production of engine parts and decorative elements in vehicles.

United States Bronze Industry Segmentation

United States Bronze Market Share

Based on region, the market is segmented into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The Southeast is projected to dominate the market, currently representing 22% of the overall market share. Over the forecast period, New England is expected to grow at a CAGR of 3.2% because of the growth of the manufacturing industries in the region.

Leading Companies in the United States Bronze Market

Major players are focused on catering to the increasing demand for bronze from the automotive and manufacturing industry, which is expected to increase the United States bronze market revenue.

Mueller Industries Inc

Mueller Industries Inc is an American company which was formed in 1917. With its headquarters in Tennessee, United States, it is engaged in manufacturing different industrial metals, piping systems, and climate products for household and industrial use.

National Bronze Manufacturing Co.

National Bronze Manufacturing Co. is was formed in 1911 and is headquartered in Michigan, United States. It ho...

Wieland-Werke AG

Wieland-Werke AG, based in Ulm, Germany, is a manufacturer of semi-finished copper products. It was founded in...

MetalTek International

MetalTek International was founded in 1945 and is based in Wisconsin, United States. It manufactures crucial m...

*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 key players in the United States bronze market report are Advance Bronze Inc., PMX Industries, Inc., ANCHOR BRONZE & Metals, Inc., All Metal Sales, Inc., Aviva Metals, and Colonial Bronze, among others.