The Brass Market is estimated at USD 7.73 Billion in 2024 and is forecasted to grow to USD 10.2 Billion by 2035, expanding at a CAGR of about 2.6% between 2025 and 2035

The Brass Market was valued at USD 7.73 Billion in 2024 and is projected to grow from USD 7.93 Billion in 2025 to USD 10.2 Billion by 2035, registering a CAGR of approximately 2.6% during the forecast period 2025–2035.

What is Brass? Composition and Core Attributes

At its most basic, brass is an alloy of copper (Cu) and zinc (Zn). The proportions can be varied to create a range of brasses with different properties. For instance, brass with a higher copper content is softer and more golden, while a higher zinc content increases its strength and lends it a paler, more yellow hue. This ability to tailor its characteristics is a primary reason for its widespread use.

Key properties that drive its market demand include:

• Corrosion Resistance: Brass does not rust, making it ideal for applications involving water and other corrosive elements, particularly in plumbing and marine hardware.
• Malleability and Machinability: It is an exceptionally easy metal to cast, stamp, forge, and machine, reducing manufacturing costs and enabling the creation of intricate components.
• Acoustic Properties: Brass has excellent acoustic qualities, which is why it is the metal of choice for a vast array of musical instruments, from trumpets to cymbals.
• Aesthetic Appeal: Its warm, bright appearance makes it a popular material for decorative items, architectural fixtures, and consumer goods.
• Low Friction: Alloys like bearing brass have low friction characteristics, making them suitable for mechanical components like bearings and gears.

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Pillars of Demand: The End-Use Industries

The health of the brass market is directly tied to the performance of several key industrial sectors.

1. Construction and Plumbing: This is arguably the largest consumer of brass. Pipes, valves, fittings, faucets, and sanitary ware rely on brass for its longevity and resistance to corrosion from water. The global construction and infrastructure boom, particularly in developing nations, is a significant long-term driver for this segment.
2. Automotive: The automotive industry uses brass for a variety of components, including radiator cores and tanks, electrical connectors, hose fittings, and small gears. While some traditional uses are being challenged by lighter materials, its role in electrical systems remains robust, especially with the rise of electric vehicles (EVs) and their complex wiring harnesses.
3. Electronics and Electricals: Brass is an excellent electrical conductor (though not as good as pure copper) and is far more durable. This makes it perfect for terminals, connectors, sockets, and switches where mechanical strength is as important as conductivity.
4. Industrial Machinery: Bearings, bushings, gears, and other precision components in industrial equipment are often made from specific brass alloys due to their durability and low-friction properties.
5. Consumer and Decorative Goods: This diverse segment includes everything from ammunition casings (a major user of cartridge brass), musical instruments, and zippers to decorative hardware like doorknobs, lamps, and railings.

The Supply Side Equation: Raw Materials and Recycling

The supply side of the brass market is dominated by two primary factors: the price of raw materials and the role of recycling.

The cost of producing new brass is inextricably linked to the global commodity prices of copper and zinc, which are traded on exchanges like the London Metal Exchange (LME). The volatility of these base metals introduces significant price risk for manufacturers and consumers of brass products. Geopolitical events, mining output, and global demand for copper and zinc can cause sharp fluctuations in the price of brass.

Crucially, brass is one of the most recycled metals in the world. Scrap brass—from discarded plumbing fittings to industrial offcuts—is a primary feedstock for foundries. The recycling process is far less energy-intensive than producing brass from virgin ore, making it both economically and environmentally advantageous. This robust circular economy provides a degree of stability to the supply chain and makes brass a sustainable material choice.

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Key Companies in the Brass Market Include:

• Continental Brass
• Aurubis
• Chase Brass and Copper Company
• Olin Brass
• Nornickel
• LS Brass
• Schlenk Metallfolien
• Amalgamated Metal Corporation
• Cerro Wire
• KME
• WielandWerke
• Mueller Industries

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