Market Overview:
The global Brazing Rod and Wires market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for brazing rods and wires in various applications such as HVAC, automotive, aerospace, and others. Additionally, the growing demand for lightweight vehicles is also contributing to the growth of this market.
Product Definition:
Brazing rods and wires are used to join metals together by melting a filler metal (brazing rod or wire) between them. The filler metal has a lower melting point than the two metals being joined, so it melts and fills the joint, binding the two pieces of metal together. Brazing is often used to join thin pieces of metal or to repair small defects in a metallic surface.
Nickel Base:
Nickel base is a term used for referring to the metal alloy of nickel and other metals. The nickel base brazing rods and wires market has been witnessing significant growth over the past few years owing to its increasing demand in various end-use industries such as automotive, aerospace & defense, construction equipment industry, etc. Nickel based alloys have gained significance due to their use in fasteners which are widely utilized across several industrial applications including machinery equipment manufacturing.
Silver Base:
The silver base is a thin layer of silver that is applied to the copper wire. It helps in increasing conductivity and reducing the overall weight of the brazing rod and wires. The product also provides better insulation from electricity fluctuations, which makes it more suitable for use in electrical applications such as home appliances, cell phones, computers etc.
Application Insights:
The global brazing rods and wires market has been segmented on the basis of application into automotive, aerospace, HVAC, electronics and appliances among others. The automotive sector was estimated to be the largest segment in 2017. Brazing is used for joining or sealing metal surfaces in automobiles as it provides a better bond than solder. It also eliminates any chances of leakage due to gaps left between the metal parts during welding or soldering processes. Brazing is an effective solution for sealing joints where water cannot get inside (water-tight) such as engine bay spaces or electrical components that are exposed to extreme temperatures.
Aerospace is expected to be one of the fastest growing segments over the forecast period owing to rising demand from low cost carriers such as Ryanair.
Regional Analysis:
North America is expected to be the largest market for brazing rods and wires, accounting for over 35.0% share by 2030 owing to the increasing demand from various end-use industries in this region. The growing automotive industry in North America is anticipated to drive product demand over the forecast period. Increasing production of electric vehicles coupled with stringent government regulations regarding carbon emissions from vehicles is likely to drive product demand further.
The aerospace sector in Europe has witnessed significant growth due to rising investments by manufacturers such as Airbus S.A.
Growth Factors:
- Increasing demand for Brazing Rod and Wires from the automotive industry as they are used in the manufacturing of various automobile components.
- Growing popularity of brazed assemblies in various industrial applications is expected to boost the demand for Brazing Rod and Wires market over the forecast period.
- Rising investments by key players in research and development activities to develop innovative products is anticipated to propel the growth of Brazing Rod and Wires market in near future.
- Increasing adoption of brazed assemblies across different end-use industries owing to their advantages such as high strength, corrosion resistance, etc., is projected to fuel the growth of Brazing Rod and Wires market during forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Brazing Rod and Wires Market Research Report
By Type
Nickel Base, Silver Base, Gold Base, Aluminum Base, Copper Base, Others
By Application
HVAC, Automotive, Aerospace, Others
By Companies
Voestalpine Böhler Welding, Zhejiang Seleno, Lucas-Milhaupt, Hangzhou Huaguang, Harris Products Group, Wieland Edelmetalle, Johnson Matthey, Umicore, Hebei Yuguang, Pietro Galliani Brazing, Sentes-BIR, Prince & Izant, Wall Colmonoy, Zhongshan Huazhong, Morgan Advanced Materials, Huale
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Brazing Rod and Wires Market Report Segments:
The global Brazing Rod and Wires market is segmented on the basis of:
Types
Nickel Base, Silver Base, Gold Base, Aluminum Base, Copper Base, 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:
- Voestalpine Böhler Welding
- Zhejiang Seleno
- Lucas-Milhaupt
- Hangzhou Huaguang
- Harris Products Group
- Wieland Edelmetalle
- Johnson Matthey
- Umicore
- Hebei Yuguang
- Pietro Galliani Brazing
- Sentes-BIR
- Prince & Izant
- Wall Colmonoy
- Zhongshan Huazhong
- Morgan Advanced Materials
- Huale
Highlights of The Brazing Rod and Wires 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:
- Nickel Base
- Silver Base
- Gold Base
- Aluminum Base
- Copper Base
- 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 Brazing Rod and Wires 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Brazing rod and wires are used to join metals together. The brazing rod is a metal wire with a small, pointed end that is heated until it melts. The molten metal flows down the brazing rod and forms a joint between the two metals.
Some of the major companies in the brazing rod and wires market are Voestalpine B¶hler Welding, Zhejiang Seleno, Lucas-Milhaupt, Hangzhou Huaguang, Harris Products Group, Wieland Edelmetalle, Johnson Matthey, Umicore, Hebei Yuguang, Pietro Galliani Brazing, Sentes-BIR, Prince & Izant, Wall Colmonoy, Zhongshan Huazhong, Morgan Advanced Materials, Huale.
The brazing rod and wires market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brazing Rod and Wires 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 Brazing Rod and Wires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brazing Rod and Wires 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 Brazing Rod and Wires 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 Brazing Rod and Wires Market Size & Forecast, 2020-2028
4.5.1 Brazing Rod and Wires Market Size and Y-o-Y Growth
4.5.2 Brazing Rod and Wires 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 Nickel Base
5.2.2 Silver Base
5.2.3 Gold Base
5.2.4 Aluminum Base
5.2.5 Copper Base
5.2.6 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 Brazing Rod and Wires 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 Brazing Rod and Wires 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 Nickel Base
9.6.2 Silver Base
9.6.3 Gold Base
9.6.4 Aluminum Base
9.6.5 Copper Base
9.6.6 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 Nickel Base
10.6.2 Silver Base
10.6.3 Gold Base
10.6.4 Aluminum Base
10.6.5 Copper Base
10.6.6 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 Nickel Base
11.6.2 Silver Base
11.6.3 Gold Base
11.6.4 Aluminum Base
11.6.5 Copper Base
11.6.6 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 Nickel Base
12.6.2 Silver Base
12.6.3 Gold Base
12.6.4 Aluminum Base
12.6.5 Copper Base
12.6.6 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 Nickel Base
13.6.2 Silver Base
13.6.3 Gold Base
13.6.4 Aluminum Base
13.6.5 Copper Base
13.6.6 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 Brazing Rod and Wires Market: Competitive Dashboard
14.2 Global Brazing Rod and Wires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Voestalpine Böhler Welding
14.3.2 Zhejiang Seleno
14.3.3 Lucas-Milhaupt
14.3.4 Hangzhou Huaguang
14.3.5 Harris Products Group
14.3.6 Wieland Edelmetalle
14.3.7 Johnson Matthey
14.3.8 Umicore
14.3.9 Hebei Yuguang
14.3.10 Pietro Galliani Brazing
14.3.11 Sentes-BIR
14.3.12 Prince & Izant
14.3.13 Wall Colmonoy
14.3.14 Zhongshan Huazhong
14.3.15 Morgan Advanced Materials
14.3.16 Huale
