Market Overview:
The global aluminum base brazing materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum-based products in various end-use industries, such as automotive, aerospace, and HVAC. In terms of type, the braze powder segment is expected to lead the global aluminum base brazing materials market during the forecast period. This can be attributed to its high thermal conductivity and low melting point that make it suitable for use in a wide range of applications.
Product Definition:
Aluminum base brazing materials are those that have an aluminum alloy as their primary component. These materials are used to join pieces of aluminum together by brazing, a process in which a filler metal is melted and drawn into the joint between two or more metal parts. Aluminum base brazing materials offer many advantages over traditional soldering methods, including higher strength and corrosion resistance.
Braze Powder:
Braze powder is a filler material used in aluminum base brazing materials. It helps to attain the desired mechanical properties and also acts as an anti-oxidant, which prevents the oxidation of base metals during braze welding. The product has found its usage in various end-use industries including automotive, aerospace & defense and construction among others.
The global braze powder market size was valued at USD 585 million in 2016.
Braze Paste:
Braze paste is a brazing material that consists of an alloy of tin and lead. It is used in aluminum base brazing materials market to join two or more metals together. The product has high thermal conductivity which helps in heat removal from the soldering area, thus preventing overheating and burning. It also ensures good mechanical strength after welding owing to its higher tensile strength as compared to silver based alloys.
Application Insights:
The automotive segment accounted for the largest volume share of over 30% in 2017. The growth can be attributed to the increasing production of vehicles and aircraft, especially in China, Japan, Germany and U.S., which have raised demand for aluminum base brazing materials from various industries such as aerospace & defense and HVAC.
Automotive is followed by the automotive industry which includes trucks/lorries (light commercial vehicles), motorbikes (motorcycles) and bicycles among other modes of transport including trains etc. Brazed joints provide a strong mechanical bond between components while reducing weight as compared to rivets or welding etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in automotive production, construction, and electrical & electronics industries. This has led to an increase in demand for aluminum base brazing materials across various applications.
The growing aerospace industry coupled with increasing investments by manufacturers of aircraft parts such as Boeing, Airbus SAS, Rolls-Royce Holdings plc., among others is likely to propel product demand further. In addition, rising manufacturing activities of electronic products such as mobile phones and laptops are anticipated to drive product consumption across Asia Pacific during the forecast period.
Europe accounted for a significant share of revenue generated by export sales from Asia Pacific countries like Japan.
Growth Factors:
- Increasing demand for lightweight vehicles: The global trend of lightweighting vehicles is expected to drive the demand for aluminum base brazing materials as they are lighter in weight and have better thermal conductivity than other metals.
- Growing automotive industry: The increasing demand for automobiles, especially in developing countries, is expected to boost the growth of the aluminum base brazing materials market.
- Rising popularity of electric vehicles: With governments across the globe promoting electric mobility, the adoption of electric vehicles is expected to increase significantly in the coming years, which will subsequently drive the growth of aluminum base brazing materials market.
- Growing construction and infrastructure sector: The growing construction and infrastructure sector worldwide is anticipated to create opportunities for growth in the aluminum base brazing materials market over next few years. 5) Technological advancements: Continuous technological advancements are taking place in this field which would eventually lead towards higher efficiency products with low environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Base Brazing Materials Market Research Report
By Type
Braze Powder, Braze Paste, Braze Tape, Braze Rod and Wire, Others
By Application
HVAC, Automotive, Aerospace, Others
By Companies
Harris Products Group, Umicore, Morgan Advanced Materials, Johnson Matthey, Indium Corporation, Fusion, Tokyo Braze, Hangzhou Huaguang, Zhejiang Seleno, Shanghai CIMIC, ZRIME, Hebei Yuguang, Jinhua Jinzhong, Zhongshan Huazhong, Changshu Huayin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Base Brazing Materials Market Report Segments:
The global Aluminum Base Brazing Materials market is segmented on the basis of:
Types
Braze Powder, Braze Paste, Braze Tape, Braze Rod and Wire, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HVAC, Automotive, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Harris Products Group
- Umicore
- Morgan Advanced Materials
- Johnson Matthey
- Indium Corporation
- Fusion
- Tokyo Braze
- Hangzhou Huaguang
- Zhejiang Seleno
- Shanghai CIMIC
- ZRIME
- Hebei Yuguang
- Jinhua Jinzhong
- Zhongshan Huazhong
- Changshu Huayin
Highlights of The Aluminum Base Brazing Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Braze Powder
- Braze Paste
- Braze Tape
- Braze Rod and Wire
- Others
- By Application:
- HVAC
- Automotive
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Base Brazing Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum base brazing materials are a type of flux that is used in the brazing process. They are made from aluminum and other metals, and they help to create a joint between two pieces of metal.
Some of the key players operating in the aluminum base brazing materials market are Harris Products Group, Umicore, Morgan Advanced Materials, Johnson Matthey, Indium Corporation, Fusion, Tokyo Braze, Hangzhou Huaguang, Zhejiang Seleno, Shanghai CIMIC, ZRIME, Hebei Yuguang, Jinhua Jinzhong, Zhongshan Huazhong, Changshu Huayin.
The aluminum base brazing materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Base Brazing Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Base Brazing Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Base Brazing Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Base Brazing Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Base Brazing Materials Market Size & Forecast, 2020-2028
4.5.1 Aluminum Base Brazing Materials Market Size and Y-o-Y Growth
4.5.2 Aluminum Base Brazing Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Braze Powder
5.2.2 Braze Paste
5.2.3 Braze Tape
5.2.4 Braze Rod and Wire
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 HVAC
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Base Brazing Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Base Brazing Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Braze Powder
9.6.2 Braze Paste
9.6.3 Braze Tape
9.6.4 Braze Rod and Wire
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 HVAC
9.10.2 Automotive
9.10.3 Aerospace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Braze Powder
10.6.2 Braze Paste
10.6.3 Braze Tape
10.6.4 Braze Rod and Wire
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 HVAC
10.10.2 Automotive
10.10.3 Aerospace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Braze Powder
11.6.2 Braze Paste
11.6.3 Braze Tape
11.6.4 Braze Rod and Wire
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 HVAC
11.10.2 Automotive
11.10.3 Aerospace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Braze Powder
12.6.2 Braze Paste
12.6.3 Braze Tape
12.6.4 Braze Rod and Wire
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 HVAC
12.10.2 Automotive
12.10.3 Aerospace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Braze Powder
13.6.2 Braze Paste
13.6.3 Braze Tape
13.6.4 Braze Rod and Wire
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 HVAC
13.10.2 Automotive
13.10.3 Aerospace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Base Brazing Materials Market: Competitive Dashboard
14.2 Global Aluminum Base Brazing Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harris Products Group
14.3.2 Umicore
14.3.3 Morgan Advanced Materials
14.3.4 Johnson Matthey
14.3.5 Indium Corporation
14.3.6 Fusion
14.3.7 Tokyo Braze
14.3.8 Hangzhou Huaguang
14.3.9 Zhejiang Seleno
14.3.10 Shanghai CIMIC
14.3.11 ZRIME
14.3.12 Hebei Yuguang
14.3.13 Jinhua Jinzhong
14.3.14 Zhongshan Huazhong
14.3.15 Changshu Huayin
