Global Braze Market Growth 2023-2029

Global Braze Market Growth 2023-2029

Brazing is a metal-joining process in which two or more metal items are joined together by melting and flowing a filler metal into the joint, the filler metal having a lower melting point than the adjoining metal.

There are varieties alloys are used as filler metals for brazing depending on the intended use or application method. In general, braze alloys are made up of 3 or more metals to form an alloy with the desired properties. The filler metal for a particular application is chosen based on its ability to: wet the base metals, withstand the service conditions required, and melt at a lower temperature than the base metals or at a very specific temperature.

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

This Insight Report provides a comprehensive analysis of the global Braze 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 Braze portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Braze market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Braze 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 Braze.

The global Braze market size is projected to grow from US$ 4662.3 million in 2022 to US$ 5344.9 million in 2029; it is expected to grow at a CAGR of 5344.9 from 2023 to 2029.

Global Braze key players include Harris Products Group, Lucas-Milhaupt, Hangzhou Huaguang, Zhejiang Seleno, Umicore, etc. Global top five manufacturers hold a share nearly 10%.

China is the largest market, with a share about 50%, followed by Europe, and USA, both have a share over 25 percent.

In terms of product, Aluminum Base is the largest segment, with a share over 20%. And in terms of application, the largest application is Electrical and electronic, followed by Appliance, Construction, Transportation etc.

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

Market Segmentation:

Segmentation by type

Nickel Base

Cobalt Base

Silver Base

Gold Base

Aluminum Base

Copper Base

Others

Segmentation by application

Appliance

Transportation

Electrical and Electronic

Construction

Arts and Jewelry

Medical

Other

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.

Harris Products Group

Lucas-Milhaupt

Umicore

Morgan Advanced Materials

Johnson Matthey

Oerlikon Metco

Indium Corporation

Fusion

Wall Colmonoy

Tokyo Braze

Bellman-Melcor

Aimtek

Hangzhou Huaguang

Zhejiang Seleno

Shanghai CIMIC

ZRIME

Hebei Yuguang

Jinhua Jinzhong

Zhongshan Huazhong

Changshu Huayin

Tongling Xinxin

SAWC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Braze market?

What factors are driving Braze market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Braze market opportunities vary by end market size?

How does Braze break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.