The global brass faucets market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). A faucet is a regulator for controlling the flow of a liquid from a reservoir. Brass faucets are made from brass, a mix of copper, zinc, and a minute amount of lead. Brass has long been used as a primary material in the faucet. It is one of the oldest faucet materials as it is durable since it can stand up to a lot of wear and tear. Brass faucets do not easily crack or disintegrate. The increase in demand for brass faucets in the commercial sector owing to their durability, low maintenance cost, and use of the brass faucets in hotels and resorts owing to its aesthetic appeal are some crucial factors that are driving the growth of the market. Additionally, the growing demand for brass faucets in residential as they provide superior performance as compared to other materials such as plastic or chrome-plated metal faucets are expected to further accelerate the growth of the market.
The market is segmented based on the type and application. Based on the type, the market is segmented into one-handle brass faucets, two-handle brass faucets, pillar brass faucets, and others. One-handle brass faucets are used in places such as the kitchen and medicine cabinet where there is limited space. It is now widely used in bathroom fittings as it adds style and class to any bathroom or kitchen and provides an aesthetic look. Two-handle brass faucets are a type of plumbing fixture and are available in various styles. This faucet is used for washing hands. A pillar brass faucet is the oldest type of tap and is used in washbasins and has separate taps for hot and cold water flow. The pillar tap is available colors and the hand of the pillar can be customized as per the needs of the customer.
Some major players in the market include Moen Inc., Masco Corp., and Kohler Co., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in February 2022, Kerovit launched Aurum collections, a premium colored range of faucets and Sanitaryware. The Aurum collections faucets & accessories have color finishes that are developed with physical vapor deposition technology. PVD reduces friction, acts as a protective barrier against damage, provides a brilliant finish, is highly resistant to scrapes and scratches, and is environmentally friendly. The faucets are made of high-quality virgin brass, chrome, and nickel, which ensures longevity.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Moen Inc., Masco Corp., and Kohler Co., among others.
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Global Brass Faucets Market Report by Segment
By Type
- One-Handle Brass Faucets
- Two-Handle Brass Faucets
- Pillar Brass Faucets
- Others
By Application
- Residential
- Commercial
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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