Global Brazing Materials Market Growth 2023-2029

Global Brazing Materials Market Growth 2023-2029

Product Code:449010

Published Date: Feb 08,2023

Pages: 121

Region: Global

Category: Chemical & Material

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Brazing is a metal joining process utilizing a filler metal that melts above 840ºF and below the melting point of the base metals.

The American Welding Society defines brazing as “a group of joining processes that produces coalescence of materials by heating them to the brazing temperature in the presence of a filler metal having a liquidus above 840°F (450°C) and below the solidus of the base metal. The filler metal is distributed between the closely fitted faying surfaces of the joint by capillary action.”
Brazing then must meet each of three criteria:
1. The parts must be joined without melting the base metals.

2. The filler metal must have a liquidus temperature above 840°F (450°C).

3. The filler metal must wet the base metal surfaces and be drawn into or held in the joint by capillary action.

Brazing Materials include powders, pastes, coated-rods, preformed, rings, wire and fluxes.The major filler metal contain silver brazing alloys, Copper brazing alloys, Aluminum brazing alloys, nickel brazing alloys.

LPI (LP Information)' newest research report, the “Brazing Materials Industry Forecast” looks at past sales and reviews total world Brazing Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected Brazing Materials sales for 2023 through 2029. With Brazing Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Brazing Materials industry.

This Insight Report provides a comprehensive analysis of the global Brazing Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Brazing Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Brazing Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brazing Materials and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Brazing Materials.

The global Brazing Materials market size is projected to grow from US$ 1613.9 million in 2022 to US$ 1837.1 million in 2029; it is expected to grow at a CAGR of 1837.1 from 2023 to 2029.

China is the largest market with about 35% revenue market share. North America and Europe are follower.

The key players are Lucas-Milhaupt, Harris Products Group, Vacuumeschmelze, Umicore, Voestalpine Böhler Welding, Prince & Izant, Aimtek, Linbraze, Wieland Edelmetalle (SAXONIA), VBC Group, Materion, Indian Solder and Braze Alloys, Saru Silver Alloy, Morgan Advanced Materials, Stella Welding Alloys, Pietro Galliani Brazing, Sentes-BIR, Wall Colmonoy, Metglas, Seleno, Boway, Yuguang, Huayin, Huale, Asia General, Huaguang etc. The top 3 companies account for about 30% of revenue market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Brazing Materials market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Silver Brazing Alloys
    Copper Brazing Alloys
    Aluminum Brazing Alloys
    Nickel Brazing Alloys
    Gold Brazing Alloys
    Platinum Brazing Alloys
    Others

Segmentation by application
    Automobile
    Aviation
    Oil and Gas
    Electrical Industry
    Household Appliances
    Medical
    Semiconductor
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Lucas-Milhaupt
    Harris Products Group
    Vacuumeschmelze
    Umicore
    Voestalpine Böhler Welding
    Prince & Izant
    Aimtek
    Linbraze
    Wieland Edelmetalle (SAXONIA)
    VBC Group
    Materion
    Indian Solder and Braze Alloys
    Saru Silver Alloy
    Morgan Advanced Materials
    Stella Welding Alloys
    Pietro Galliani Brazing
    Sentes-BIR
    Wall Colmonoy
    Metglas
    Seleno
    Boway
    Yuguang
    Huayin
    Huale
    Asia General
    Huaguang

Key Questions Addressed in this Report
What is the 10-year outlook for the global Brazing Materials market?
What factors are driving Brazing Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Brazing Materials market opportunities vary by end market size?
How does Brazing Materials break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?