Global Brazing Market Growth 2023-2029

Global Brazing Market Growth 2023-2029

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: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 Industry Forecast” looks at past sales and reviews total world Brazing sales in 2022, providing a comprehensive analysis by region and market sector of projected Brazing sales for 2023 through 2029. With Brazing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Brazing industry.
This Insight Report provides a comprehensive analysis of the global Brazing 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Brazing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brazing 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.
The global Brazing market size is projected to grow from US$ 1614.1 million in 2022 to US$ 1850.4 million in 2029; it is expected to grow at a CAGR of 1850.4 from 2023 to 2029.
Asia-Pacific makes up the largest share of over 50%, while North America takes almost 20%. Global key players of Brazing are Lucas-Milhaupt, Harris Products Group, Huaguang, Umicore, Voestalpine Böhler Welding, Prince & Izant, etc. Among them, Lucas-Milhaupt is the biggest manufacturer with a share of over 10%. Global key players included Lucas-Milhaupt, Harris Products Group, Huaguang, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Brazing market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Nickel Brazing Alloys
Silver Brazing Alloys
Copper Brazing Alloys
Aluminum Brazing Alloys
Segmentation by application
Automobile
Aviation
Oil and Gas
Electrical Industry
Household Appliances
Power Distribution
Semiconductor
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
Huaguang
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
Asia General
Seleno
Boway
Yuguang
Huayin
Huale
Key Questions Addressed in this Report
What is the 10-year outlook for the global Brazing market?
What factors are driving Brazing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Brazing market opportunities vary by end market size?
How does Brazing 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.