Global Braze Market Growth 2024-2030

Global Braze Market Growth 2024-2030

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.

The global Braze market size is projected to grow from US$ 4840 million in 2024 to US$ 5441 million in 2030; it is expected to grow at a CAGR of 2.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Braze Industry Forecast” looks at past sales and reviews total world Braze sales in 2023, providing a comprehensive analysis by region and market sector of projected Braze sales for 2024 through 2030. 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.

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.

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 analysing 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 by Type, by Application?

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