Bronze Bushes Project Report

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Description

You can get the project report here for setting up a Bronze Bushes manufacturing plant in India. Do you want to establish your own Bronze Bushes manufacturing business? If that’s the case, you’ll discover a full project report that covers the manufacturing process, licenses, machines, business plan and more.

Bronze is a copper-based alloy with around 12% tin and different metals (such as aluminium, manganese, nickel, or zinc) and non-metals (such as arsenic, phosphorus, or silicon). The given metals and non-metals additive create a variety of alloys. They are either tougher than copper alone or have different stiffness, flexibility, or machinability qualities. A hardened and polished steel shaft and a softer bronze bushing are used in a standard simple bearing design. When the bushing becomes too worn, it is changed.

Because most rotating parts, such as shafts, are constructed of steel, bushes or simple bearings made of wear-resistant alloys such as brass and bronze are utilised. Plain bearings, also known as Bushes, are made from a variety of Bronze alloys noted for their toughness, heat resistance, and anti-corrosive properties.

Why buy a project report of Bronze Bushes?

A project report of Bronze Bushes manufacturing plant is necessary for the following reasons.

  1. Helps the investor to make an investment decision in the Bronze Bushes manufacturing business.
  2. Makes the entrepreneur aware of the various aspects of the Bronze Bushes business.
  3. Helps in understanding the Bronze Bushes manufacturing process.
  4. Serves as a sample report to prepare project reports for other purposes.

Bronze Bushes Business Plan & Its Application

Bush bearings come in various materials, including brass, bronze, self-lubricating oil, graphite, lubricant impregnated bearings, bi-metal, and Babbitt bearings.

Bronze bushings are made from widely used alloys such as Phosphor Bronze, Aluminium Bronze, and others. They are used in various applications, including domestic appliances such as kitchen appliances, dish and cloth washing machines, automobiles, Earthmovers, defence, and space exploration. Bronze bearings come in two main designs: thrust Bush and superficial radial. To ensure quality, specific compositions for bush bearings are determined and obtained from local foundries, or the unit might have its own foundry.

Market Potential and Marketing Issues. If Found:

Bush bearings are used in everything from autos to tractors, earthmovers, trailers, compressors, and submersible pumps, as well as household appliances and industrial devices of all kinds. Grooved, flanged bush housing and other types come in various sizes and forms.

Due to the regular replacement of bronze, brass, aluminium bronze bush, and other wearing components, these items have a strong demand potential. Entrepreneurs might begin by selecting items and meeting the needs of trade channels or OEM customers.

The entrepreneur might concentrate on a single product line with high market demand in the region.

Also Read Article on Brass Utensil Making Project Business Plan.

Industry Outlook

The global market for bronze bushes and other components and castings was valued at Rs 630 billion in 2016 and is predicted to reach Rs 700 billion by 2022, with a compound yearly growth rate of 2.8% from 2017 to 2022. Fabricators of bronze alloys and service centres are part of the bronze market’s ecology. Aluminium bronze, Phosphor bronze, Silicon bronze, Leaded Tin Bronze, Other unique compositions, and Bronze Market, by end-users. Industrial machinery and types of equipment, Marine engines and equipment, Infrastructure & Construction machinery, Automotive and stationary engines, Electrical & Electronics equipment’s, Aerospace & Defense, and so on.

Bushes manufacturing and supply have always been the realm of small and medium-sized businesses. There are now over 100 manufacturers specialising in brass bronze bushes, with products available in various industries, including the automotive sector, off-road and earth moving equipment, white goods, computer peripherals, naval applications, etc. The unit clusters are primarily found in North Indian cities such as Punjab, Haryana, Delhi, West UP, Maharashtra near Pune and Bombay, and Southern India in Bangalore, Chennai, and Hyderabad, as well as in Gujarat near Rajkot and Surendranagar.

Although other products, such as graphite and PTFE coated bearings, have partially replaced brass and bronze, the simplicity of manufacture and compatibility of brass and bronze are not substituted unless in certain situations.

Bronze Market Analysis 2021-2022 to 2028

Bronze is a metal alloy produced from a mixture of copper, tin, and sometimes other metals (aluminium, manganese, nickel or zinc). Product alloys vary in composition based on the metals used. Bronze is typically made up of 88 per cent copper and 12 per cent Tin. Non-metals such as arsenic, phosphorus, or silicon can also be used as additives. It has a low friction coefficient, is very malleable, and has higher fatigue endurance when compared to other metals, making it ideal for combining with other metals in various applications. Architectural infrastructure, musical instruments, electrical connections, and machine tools are among the areas favouring bronze. Because it does not emit sparks when struck on a hard surface, it is an excellent choice for usage with flammable or explosive products.

Market Trends

  • The demand for bronze has increased in pharmaceuticals, nuclear applications, and marine, fueling the market expansion in recent years.
  • Mergers and acquisitions are taking place among manufacturers to expand their product variety and geographic reach.
  • The demand for metals such as bronze is expected to rise in the future years as speculation on instrument assembly factories grows.
  • Bronze windings around nylon or steel cores are chosen over other metals for lower notes, especially. As a result, bronze is now widely used in stringed instruments such as the double bass, acoustic guitars, piano, harpsichord, and sitar. Bronze strings are used on the pianoforte for the lower pitch tones because they provide superior support to high-tractable steel strings.

Raw Material Requirements

Scrap or ingots of copper, brass, tin, zinc and other metals are the primary raw materials. Also used are rods and bars of readily available brass and bronze of acceptable compositions.

Also Read: Aluminium Extrusion Plant Business Plan

Manufacturing Process

Machined bronze bushings are made from rods and castings. Cutting rods to the required size and then milling on a lathe are the steps in the process. Grooves and other machining can be made on a lathe or milling machine.

Bushes can be coated with FEP, PFA, PTFE (Teflon), and other metals with enhanced wear properties, such as lead-tin alloys, to make them self-lubricating. To finish the coating process, simple spray attachments and torch heating/curing operations on the lathe are employed. These coatings can be cooked in a tiny oven to achieve the requisite homogeneity.

Topics covered in the Bronze Bushes project report

The project report of Bronze Bushes Manufacturing covers the following issues. You can download and study the information in PDF format by paying a nominal fee.

Sr. No.Particulars
1Introduction
2Product & Its Application
3Desired Qualifications For Promoter
4Industry Outlook/Trend
5Market Potential
6Raw Material Requirements
7Manufacturing Process
8Basis & Presumptions
9Implementation Schedule
10Quality Control And Standard
11Production Capacity
12Motive Power
13Pollution Control
14Labour Requirement
15Bank Loan
16Depreciation
17Approvals & Registration Requirement
18Plant Setup & Machines
19Financial Aspects
20Project At A Glance
21Cost of Project
22Means of Finance
23Computation of Manufacturing
24Computation of Working Capital Requirement
25Repayment Schedule of Bank Loan
26Calculation of D.S.C.R
27Cash Flow Statement
28Projected Balance Sheet
29Projected Profitability Statement
30Break Even Point Analysis
Recent Developments
  • Montreal Bronze Ltd, a maker of bronze valves for maritime, pharmaceutical, and nuclear industries was acquired by Hunt Valve Company in March 2019. As a result, its product portfolio expanded, and its business grew.
  • Matthews International Corporation purchased Star Granite & Bronze, a bronze product maker, in February 2018, expanding the company’s product line and bronze-based operations.
Scope Of The Report

Bronze is a light gold-coloured alloy made primarily of copper with minor additions of other metals or substances. Because of its corrosion resistance, bronze is mainly employed in maritime items. Because of its low metal-on-metal friction, it’s utilised to create industrial things like bushings and bearings. Derivatives, applications, and geography are all used to segment the bronze market. The market is segmented by Aluminium bronze alloy, manganese alloy, silicon bronze alloy, phosphorus bronze alloy, nickel bronze alloy, and other derivatives.

The market is segmented by architectural components, musical instruments, industrial parts, transportation parts, and other applications. This project report covers its application, market potential, industry outlook, recent development, trends and manufacturing process. After reading this project report overview, I hope one can easily understand how to start their business or be involved.

Also Read: Aluminium Casting Manufacturing Business Plan 

What CAGR is the Bronze Market expected to grow during the projected period?

During the projected 2020-2027, the bronze market is expected to increase at a rate of 2.46 per cent.

Who are the essential players in the Bronze Market?

Materion Corporation (US), KME Germany GmbH & Co KG (South Africa), Farmers Copper Ltd (US), Advance Bronze Incorporated (US), Aviva Metals (US), PMX Industries, Inc (Japan), and Aurubis UK are the major players (UK), Wieland Metals, Inc (US), National Bronze Michigan (US), CONCAST METAL PRODUCTS CO (US).

What is the impact of COVID-19 on the Bronze industry?

1) The aviation and shipyard fabricating factories were temporarily shut down during the pandemic, resulting in lower consumption of bronze amalgams in these industries, which negatively influenced the bronze market. 2) COVID-19 has had a considerable impact on the vehicle industry, which is a major consumer of bronze. As a result, the expansion of the bronze market is projected to be hampered. Due to decreased demand and supply chain interruptions caused by the epidemic, the bronze market is projected to stall. 3) The production of musical instruments was halted during the pandemic, and because bonze is used in various appliances, consumption and demand both impacted the market simultaneously.

What current developments will impact the industry in the following years?

Bronze is a very adaptable metal with various qualities for various alloys and compositions. Bronze is used to make gears, batteries, brakes, radiators, bearings, and bushings in the automobile sector. The current development will help the bronze market flourish in the following years. On the other hand, the oxidation of bronze is anticipated to hinder the growth of the worldwide bronze market. The demand for more advanced composites is expected to increase, providing an opportunity for the industry to expand its product line. Bronze is noted for its strength and durability and its resistance to denting. As a result, bronze is an excellent choice for cymbals percussion instruments. The worldwide bronze market is predicted to develop as a result of this.

What are the market's driving forces, restraints, and opportunities?

(a) Opportunities Growing R&D Investments to Provide Growth Opportunities for Key Players Corporations have already established new R&D centres to uncover better possibilities with higher profit margins. Nonetheless, increased demand from the transportation industry is likely to drive up demand for bronze, providing profitable opportunities for worldwide providers. Due to international commerce, rising demand from the maritime sector is expected to raise demand for bronze, creating good prospects for worldwide producers. Some of these companies are continually growing their distribution networks to fulfil the changing needs of various end-use sectors in multiple locations. (b) Restraints Lead is used to create market challenges. On the other hand, the oxidation of bronze is projected to hamper the worldwide market's growth throughout the forecast period. Furthermore, rising concerns about the use of lead in bronze objects are expected to hinder demand, as is a scarcity of skilled employees in the bronze foundry industry.

Which countries are seeing a solid increase in Bronze Bushes exports from India?

China and the United kingdom are India's leading importers of bronze bushes. China's growth rate is approximately 45.47%, while the United Kingdom is more than half, which means 54.53%.

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