Global Brazing Materials Market Growth 2019-2024

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.
China’s Brazing Materials industry has developed into a national wide status with certain research and production capacity, industry product types have been gradually improved.Currently, China has become international Brazing Materials large consumption country, but the production technology is relatively laggard and it can only produce some low-end product. Although the new production lines is increasing, the high-end product is still relying on import.
The Brazing Materials is a low concentration industry,which have many small and medium enterprises in China. The annual production is about few hundred Tonnes. Currently ,the global top three external sale manufacturers are: Lucas-Milhaupt, Umicore, Voestalpine Böhler Welding.Their production market share is less than 20%. In short future, the competition pattern will not change.

According to this study, over the next five years the Brazing Materials market will register a -2.9% CAGR in terms of revenue, the global market size will reach US$ 870 million by 2024, from US$ 1040 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Brazing Materials business, shared in Chapter 3.

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.

This study considers the Brazing Materials value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Silver Brazing Alloys
Copper Brazing Alloys
Aluminum Brazing Alloys
Nickel Brazing Alloys
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automobile
Aviation
Oil and Gas
Electrical Industry
Household Appliances
Power Distribution
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lucas-Milhaupt
Umicore
Voestalpine Böhler Welding
Prince & Izant
Nihon Superior
Aimtek
Linbraze
Wieland Edelmetalle
VBC Group
Materion
Indian Solder and Braze Alloys
Saru Silver Alloy
Harris Products Group
Morgan Advanced Materials
Stella Welding Alloys
Pietro Galliani Brazing
Sentes-BIR
Wall Colmonoy
Asia General
Seleno
Huaguang
Boway
Yuguang
Huayin
Huale

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Brazing Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Brazing Materials market by identifying its various subsegments.
Focuses on the key global Brazing Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Brazing Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Brazing Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.