Transparency Market Research in its new report titled, “Phosphate Bronze Wire Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the phosphate bronze wire market. The TMR report anticipates that owing to their moderate cost, high electric conductivity, and physical properties, the phosphate bronze wire market will experience a robust growth during the forecast period i.e, 2018-2026. Moreover, the wires can be molded into a wide variety of shapes, which makes them ideal for use in electrical contacts, springs, and a range of wire forms. Phosphate bronze wires offer many advantages over the more expensive beryllium copper. Furthermore, phosphate bronze wires are used in cryogenics, where the wires’ combination of low thermal conductivity and fair electrical conductivity permits the creation of electrical connections to devices at ultra-low temperature without the addition of excessive heat, says the report.
The report has segregated the global phosphate bronze wire market based on type, application, end- use, and region. Based on type, the global phosphate bronze wire market is classified into CuSn5, CuSn6, and CuSn8. Based on application, the global phosphate bronze wire market can be classified into power transmission, communication, musical instruments, and others. Based on end-use, the global phosphate bronze wire market is divided into industrial, construction, and others. In terms of region, the global phosphate bronze wire market is classified into Middle East & Africa, Asia Pacific, Europe, Latin America, and North America. Among these, North America dominated the phosphate bronze wire market in 2016, closely followed by Europe and Asia Pacific. The trend is anticipated to continue throughout the forecast period. The U.S. held a prominent share of the phosphate bronze wire market in North America in 2016 and is estimated to remain a dominant country of the phosphate bronze wire market in the region during the forecast period. Furthermore, the market in the U.S. is anticipated to expand at a rapid pace in the near future due to expansion of the shipping and construction industries in the country. The phosphate bronze wire market in Asia Pacific is also projected to be very attractive during the forecast period due to expansion opportunities offered by developing economies of the region. Furthermore, the construction industry in Latin America is anticipated to augment the phosphate bronze wire market in the region in the near future.
Key players operating in the global phosphate bronze wire market include Ametek, NBM Metals, Brim Electronics, Chaplin Wire, Well Fore Special Wire Corporation, Loos and Company, Ken-Tron, Little Falls Alloy, California Fine Wire, Olin Corporation, Daburn Electronics & Cable, Standard Wire & Cables, and Gibbs Wire.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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