The North America bronze market size reached around USD 2.94 Billion in 2024. The market is projected to grow at a CAGR of 2.80% between 2025 and 2034 to reach nearly USD 3.88 Billion by 2034.
In addition, the Canadian Mortgage and Housing Corporation reported that new home construction recorded a monthly growth of 21.6% in March 2021. As the demand for housing accelerates, the demand for silicon bronze (which comprises of 3%-5% of silicon by mass with small quantities of iron (1%) and remaining copper) in architectural applications is expected to soar significantly, due to its corrosion resistance nature, further propelling market growth.
Moreover, in 2021, the government provided around USD 2.86 billion worth of new contracts to small-size ship building companies, which is further expected to fuel the demand for aluminium bronze-based pump shafts and fasteners, which have a high degree of corrosion resistance and a tensile strength of 650 MPa. This is expected to accelerate the North America bronze market development.
Other major market players are Advance Bronze Inc., PMX Industries, Inc., ANCHOR BRONZE & Metals, Inc., All Metal Sales, Inc., Aviva Metals, and Colonial Bronze, among others.
North America Bronze Market Growth
The growth of the US aerospace and defence industry is expected to fuel the demand for manganese bronze grade CZ114, which offer a tensile strength of 440 MPa and is ideal for high payload applications. In 2020, the industry generated a net revenue of USD 874 billion, which represented a share of 18.8% in the total revenue obtained by US non-food manufacturing industry. It also recorded USD 90.6 billion worth of exports to countries such as France (USD 11.4 billion), Canada (9.5 billion), the United Kingdom (USD 4.5 billion), Germany (USD 4.3 billion), Japan (USD 4.0 billion), and Mexico and Brazil (USD 2 billion each). The industry contributed nearly USD 382 billion to the domestic economic growth, accounting for nearly 1.8% of the US GDP. This is expected to drive the North America bronze market value over the forecast period.In addition, the Canadian Mortgage and Housing Corporation reported that new home construction recorded a monthly growth of 21.6% in March 2021. As the demand for housing accelerates, the demand for silicon bronze (which comprises of 3%-5% of silicon by mass with small quantities of iron (1%) and remaining copper) in architectural applications is expected to soar significantly, due to its corrosion resistance nature, further propelling market growth.
Key Trends and Developments
Growth of Canada’s maritime industry; increasing demand for relays; growth of oil and gas industry; and soaring appeal for bismuth bronze are expected to contribute to an increase in the North America bronze market revenue.October 2024
Weiland acquired Onda S.p.A., a leading Italian manufacturer of high-tech heat exchangers to expand its manufacturing capabilities for providing data centre cooling solutions and HVAC devices.March 2024
The architectural applications of bronze are expected to increase the North America bronze market share. In March 2024, the Royal Ontario Museum was redesigned to revolutionise the museum experience for its nearly 1.4 million visitors. One of the key highlights of the transformation was a bronze canopy at the entrance, which provided an insight into the educational experience offered by the museum.January 2023
The Wieland Group acquired Hummock Industries to expand its manufacturing capabilities and its network of distribution channels in North America. With the acquisition of National Bronze Manufacturing and Heyco Metals, the company launched a new range of light gauge products and strengthened its presence in the North America bronze market.March 2022
Hunt Valve Company acquired Montreal Bronze Ltd. to expand its range of severe duty valves and automation capabilities to serve the growing demand of the US Navy.Growth of Canada’s maritime industry
In 2010, the Canadian government launched the National Shipbuilding Strategy to enhance its maritime defence capabilities and boost international trade. This made Canada the world’s 6th largest shipbuilding nation, which has also driven the North America bronze market expansion.Increasing demand for relays
Relays are in increased demand from the automotive industry. Phosphor bronze, which is made from 10% tin, 0.2% phosphor, and copper is expected to find increasing application for manufacturing electrical contacts in relays, thereby driving market growth.Growth of oil and gas industry
As per the Energy Information Administration (EIA), oil production is expected to touch 13.2 mbpd by December 2024. This is expected to increase the demand for nickel-aluminium bronze to manufacture high-strength and ductile bushes, shafts, and bearings to be used in extraction equipments and piping systems. This is creating a favourable North America bronze market outlook.Soaring appeal for bismuth bronze
Bismuth bronze grade C89835 is an extremely durable and freely machinable bronze alloy extensively used in plumbing applications as an alternative to leaded bronze, which can be toxic. This showcases a consumer shift away from toxic materials, aligning with the rising demand for eco-friendly products.North America Bronze Market Trends
North America accounts for around 20% of the share of global shipbuilding industry. The construction of small vessels leads contributes over USD 30 million to Canada’s total GDP annually. Total repair, refitting, and maintenance works performed under the National Shipbuilding Strategy contribute nearly USD 12 million to Canada’s GDP annually.Moreover, in 2021, the government provided around USD 2.86 billion worth of new contracts to small-size ship building companies, which is further expected to fuel the demand for aluminium bronze-based pump shafts and fasteners, which have a high degree of corrosion resistance and a tensile strength of 650 MPa. This is expected to accelerate the North America bronze market development.
North America Bronze Industry Segmentation
The report titled “North America 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 States
- Canada
North America Bronze Market Share
Based on country, the market is segmented into the United States and Canada. Canada is projected to dominate the market, representing 8.8% of the overall market share. Over the forecast period, the country is expected to grow at a CAGR of 3.3% because of the ongoing expansion of the maritime sector.Leading Companies in the North America Bronze Market
Major market players are focusing on expanding their capabilities for delivering data center cooling solutions by establishing partnerships with other companies. This is one of the key North America bronze market trends.Mueller Industries Inc
Mueller Industries Inc was founded in 1917 and is headquartered in Tennessee, United States. It has three different business segments, including industrial metals, climate products, and piping systems. Its products are used in a wide range of applications, from household appliances to automotive drivetrains.National Bronze Manufacturing Co.
National Bronze Manufacturing Co. was founded in 1911 and is headquartered in Michigan, United States. It is one of the biggest producers of bronze bearings, bushings, and other industrial parts.Wieland-Werke AG
Wieland-Werke AG was founded in 1820 and is headquartered in Ulm, Germany. It is a leading provider of semi-finished copper products and is present across 79 locations worldwide.MetalTek International
MetalTek International was founded in 1945 and is headquartered in Wisconsin, United States. It is engaged in manufacturing critical metal parts that are used by numerous industries, such as aviation, defence, mining, and petrochemicals.Other major market players are Advance Bronze Inc., PMX Industries, Inc., ANCHOR BRONZE & Metals, Inc., All Metal Sales, Inc., Aviva Metals, and Colonial Bronze, 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 North America Bronze Market Overview
7 North America Bronze Market by Alloy Type
8 North America Bronze Market by Application
9 North America Bronze Market by Country
10 Market Dynamics
14 Competitive Landscape
Companies Mentioned
- Mueller Industries Inc
- National Bronze Manufacturing Co.
- Wieland-Werke AG
- MetalTek International
- Advance Bronze Inc.
- PMX Industries, Inc.
- ANCHOR BRONZE & Metals, Inc.
- All Metal Sales, Inc.
- Aviva Metals
- Colonial Bronze