Industry and News Brazing Material Market | Page 3

owing to fact of emergent implementation of brazing process over process like welding and
soldering for forming bond between metal pieces across the huge number of industrial activities.
cost effectiveness and property of joining dissimilar metals are the some of the advantages of
brazing process owing to which brazing process are extensively used over the other process and
thus fueling the growth of braze material market. Furthermore, metal joining by brazing involves
lesser crumb generation and moderately faster cycles.
The aforesaid compensation obtainable by brazing process are likely to result in a stable growth of
global braze material market over forecasted period. Brazing is increasingly used owing to its
increasing popularity in net shape operations owing to its cheaper nature ability to secure mass –
production. This factor could act as driver for Brazier material market over the forecasted period.
Manufactures worldwide are using brazing technology extensively over other methods owing to its
decisive advantages. Bipolar plates, trim heat exchanger, fuel processors, radiators are new markets
that are expected to accelerate the growth of brazing material market. The unstable price of the
base metals is expected to pose a challenge to the growth of global braze material market over the
forecasted period. Less amount of awareness about brazing process can pose a challenge Brazier
material market over the forecasted period.
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On the basis of type of base metal use brazing material market can be segregated into four
segments that are as follows aluminium, gold, copper, silver and other. The major contribution in
revenue is expected to come from Copper and Gold segment owing to their extensive demands in
various industries. On the basis end user industry, it can be segregated into construction,
aeronautics, automotive coupled with electrical and electronics, other end user industries. On the
basis of regions, it can be segregated into Asia Pacific, Europe, Latin America and North America.
Asia Pacific is expected to witness higher growth rate as compared to others over the forecasted
period owing to extensive increase in manufacturing industries in countries like China and India.
Some of the major key players in this market are VBC Group, Johnson Matthey, Lucas-Milhaupt,
Umicore, Wieland-Edelmetalle Sentes-BIR, Pietro Galliani Brazing, Morgan Advanced Materials,
Bellman-Melcor, Indian Solder and Braze Alloys, Aimtek, Harris Products, Saru Silver Alloy.