The global Braze market was valued at 4813.1 Million USD in 2020 and will grow with a CAGR of 1.88% from 2020 to 2027, based on Our Researcher newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.China is the biggest supply market, which currently has a 47.55% production market share of the total industry, followed by the USA with 16.24% % and Asia (excepting China) (15.49%). The global average price of braze materials is in the decreasing trend, from 39.9 USD/Kg in 2011 to 30.2 USD/Kg in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of braze materials includes nickel base, cobalt base, silver base, gold base, aluminum base, copper base, etc. and the proportion of aluminum base in 2015 is about 22%, and the nickel base enjoys 21% market share. The downstream applications of brazing materials are mainly appliance industry, transportation industry, electrical and electronic industry, construction equipment industry, etc. Appliance industry, electrical and electronic industry and construction industry are the major application area by market value, which account for more than 27% of the total market in 2015. China is the largest consumption place, with a consumption market share nearly 30% in 2015. Following China, USA and Asia (excepting China) are in the important consumption place with the consumption market share of 18.09% and 18.50% in 2015. At present, the technology in the developed country is at an advanced level. The market is currently dominated by a handful of companies that own the core technologies, including Hangzhou Huaguang, Zhejiang Seleno, Shanghai CIMIC and so on.
By Market Verdors:
Harris Products Group
Morgan Advanced Materials
Electrical and Electronic
Arts and Jewelry
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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