The Europe bronze market size reached around USD 2.28 Billion in 2024. The market is projected to grow at a CAGR of 2.70% between 2025 and 2034 to reach nearly USD 2.98 Billion by 2034.
Moreover, the automotive industry is widely regarded as the jewel of Europe’s economy. It accounts for nearly 7% of its GDP and 10% of its overall exports. Nearly 30% of all automotive patents are attributed to European countries, which spent around EUR 60 billion annually on R&D (representing a share of 30%) of new vehicles. With the increasing demand for premium vehicles, major automotive companies are increasing their reliance on bronze for manufacturing engine components, transmission parts, bearings and bushes, electrical connectors, and decorative elements of new cars. This is projected to drive the Europe bronze market expansion.
Other players in the Europe bronze marker report are Wieland-Werke AG, INNOMetal GmbH, and WISCO ESPAÑOLA SA, among others.
Europe Bronze Market Growth
As per the International Federation of the Phonographic Industry, overall music sales in Europe reached USD 8 billion in 2023, which accounted for around 28.1% of global revenues. In 2022, overall music sales recorded a year-on-year growth of 8.7%, reaching EUR 5.2 billion. Europeans are the world’s second largest listener of recorded music after North America, which indicates the significant appeal for different genres among people. This is expected to drive the demand for various music instruments by the European music industry, including bronze-made percussion instruments renowned for their acoustic properties (such as cymbals). This is expected to positively influence the Europe bronze market trends.Moreover, the automotive industry is widely regarded as the jewel of Europe’s economy. It accounts for nearly 7% of its GDP and 10% of its overall exports. Nearly 30% of all automotive patents are attributed to European countries, which spent around EUR 60 billion annually on R&D (representing a share of 30%) of new vehicles. With the increasing demand for premium vehicles, major automotive companies are increasing their reliance on bronze for manufacturing engine components, transmission parts, bearings and bushes, electrical connectors, and decorative elements of new cars. This is projected to drive the Europe bronze market expansion.
Key Trends and Developments
Introduction of 3-D printed nickel aluminium bronze; increasing demand for wooden furniture; efforts to increase travellers’ footfall; and growth of shipbuilding industry in Germany are the major trends shaping the Europe bronze market outlook.September 2024
Aurubis AG’s copper production facility at Beerse (Belgium) and Stolberg (Germany) received the Copper Mark certification, highlighting sustainable and responsible copper production.May 2024
In H1 of 2024, Aurubis AG, a copper producer, reported a 2% y-o-y increase in its net profits before taxes due to lower energy prices, which amounted to EUR 243 million. This is expected to favourably impact the market as copper is extensively used in producing bronze.December 2023
Aurubis AG announced its decision to invest EUR 750 million towards the establishment of a highly secure and environment friendly facility for processing precious metals in Hamburg, Germany. This is expected to further drive the Europe bronze market growth.April 2023
Dalcom, an Italian manufacturer of accessories and spare parts for concrete pumps, introduced a new range of bronze bushings for the repair and maintenance of concrete pumps.Introduction of 3-D printed nickel aluminium bronze
Nickle aluminium bronze is renowned for its antifouling and antimicrobial properties, high strength, and strong corossion-resistant features. Its additive manufacturing not only saves time, but also makes it cost-effective.Increasing demand for wooden furniture
The shift towards sustainable home interior designs have driven the demand for wooden furniture. This, in turn, has increased the Europe bronze market value by fuelling the demand for bronze wool.Growth of shipbuilding industry in Germany
Germany is one of the leading shipbuilding nations of Europe. With the nation’s increasing focus on maintaining supply chain resilience to boost cross-border trade, the industry is expected to maintain its growth momentum, thereby fuelling the demand for bronze-based bushes and bearings.Efforts to increase travellers’ footfall
Many European governments are undertaking renovation and redevelopment projects for major historical sites to give a boost to the travel and tourism industry. The construction of new statues and sculptures is expected to drive the Europe bronze market revenue.Europe Bronze Market Trends
Nickel aluminium bronze is regarded as the golden standard in Europe’s maritime industry. However, additive manufacturers need to consider its complexity during the production process to ensure that it meets the quality and performance standards during the application process. For this, companies such as SPEE3D are using the Cold Spray Additive Manufacturing technology to produce high-quality metals for the marine industry. This is one of the key market trends.Europe Bronze Industry Segmentation
The report titled “Europe Bronze Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Alloy Type
- Aluminium
- Phosphor
- Silicon
Market Breakup by Application
- Architectural Parts
- Musical Instruments
- Transportation
- Industrial
- Others
Market Breakup by Country
- United Kingdom
- Germany
- France
- Italy
- Others
Europe Bronze Market Share
Based on country, the market is segmented into United Kingdom, Germany, France, and Italy, among others. The United Kingdom is projected to dominate the market, representing 16% of the overall market share. Over the forecast period, the country is expected to grow at a CAGR of 3.2% because of increasing investments in automotive development.Leading Companies in the Europe Bronze Market
Major market players are focusing on enhancing their production capabilities to cater to the growing demand for bronze in a secure and sustainable manner. This is increasing the overall Europe bronze market share.KME Germany GmbH
KME Germany GmbH is a part of the KME Group S.p.A. Based in Osnabrück, Germany, it is one of the biggest producers of copper-based alloys and associated products, with reported sales of 195.721 tonnes in 2022-23. It was founded in 1873.Lebronze alloys
Lebronze alloys was founded in 1934 and is headquartered in Suippes, France. It specialises in the production of semi-finished, finished, or preformed products from aluminum, and copper and its alloys.Leeds Bronze Engineering Ltd.
Leeds Bronze Engineering Ltd. was founded in 1974 and is headquartered in the United Kingdom. It’s belongs to the Calder Group and is the country’s largest producer of bronze bearings and bushes,Aviva Metals
Aviva Metals was founded in 1983 and is headquartered in Texas, United States. It is engaged in manufacturing customised shapes for bronze, brass, and speciality copper alloys. It distributes over 100 different varieties of copper alloys in quantities of over 5000 MT.Other players in the Europe bronze marker report are Wieland-Werke AG, INNOMetal GmbH, and WISCO ESPAÑOLA SA, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Bronze Market Overview
6 Europe Bronze Market Overview
7 Europe Bronze Market by Alloy Type
8 Europe Bronze Market by Application
9 Europe Bronze Market by Country
10 Market Dynamics
14 Competitive Landscape
Companies Mentioned
- KME Germany GmbH
- Wieland-Werke AG
- Lebronze alloys
- INNOMetal GmbH
- Leeds Bronze Engineering Ltd.
- WISCO ESPAÑOLA SA
- Aviva Metals