Market Overview:
The global brazing rods market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for brazing rods in various applications, such as marine industry, construction and bridge, machinery manufacturing, aerospace and others. In terms of type, the Sn-Ag-Cu brazing rod segment is expected to hold a major share of the global 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 various applications.
Product Definition:
A Brazing Rod is a piece of metal that is used to join two pieces of metal together. It is important because it allows you to join metals together without using a welding torch.
Sn-Ag-Cu Brazing Rod:
Sn-Ag-Cu brazing rod is used in soldering and brazing operations. It consists of three parts, firstly it has a base metal which can be made from tin, aluminum or copper; then there is an alloy of silver and these metals which are called as solder; lastly there is a filler material such as rosin or flux.
Sn-Cu Brazing Rod:
Sn-Cu brazing rod is used in brazing operations and it's main applications are found in the electronics industry. Sn-Cu alloy has low electrical resistance which makes it an ideal material for use in welding and brazing operations. Sn- Cu alloys have good mechanical properties, high thermal conductivity, high strength, corrosion resistance and they can be easily processed making them suitable for use as a braze material.
Application Insights:
The global brazing rods market by application is segmented into marine industry, construction and bridge, machinery manufacturing, aerospace and other applications. In 2017 marine industry was the largest application accounting for over 40% of the overall revenue share. Brazing process is used in shipsbuilding to join copper alloys as well as stainless steel surfaces which are prone to water corrosion. Brazing also helps in reducing metal fatigue on long-term exposure due to stress relaxation effect of filler metals present in ship structures.
Brazing rod composition affects its properties such as melting point (temperature at which it melts), ductility & malleability (ability to be shaped) & hardness (resistance to be scratched). Sn-Ag-Cu brazing rod has higher melting point than Sn-Cu or any other type of composition so it’s preferred for high temperature applications where flexibility is not required but strength against oxidation necessary at that temperature range i.e.
Regional Analysis:
North America is expected to be the largest market for brazing rods over the forecast period owing to increasing demand from various end-use industries, such as aerospace and defense. The U.S., in particular, is one of the major consumers of brazing equipment and products in North America region due to its well-established aircraft manufacturing industry.
The Asia Pacific is projected to be a promising market for brazing rods on account of rapid industrialization coupled with infrastructure development activities in emerging economies including India, China, Indonesia among others are likely to boost product demand over the next eight years. In addition, rising investments by foreign players such as General Electric; Siemens AG; Alstom SA; Mitsubishi Heavy Industries Ltd.; Kawasaki Heavy Industries Ltd.; Hitachi Ltd.; Toshiba Corporation among others are also anticipated favorably impact overall growth prospects for this sector over the coming years.
Growth Factors:
- Increasing demand for Brazing Rods from the automotive and transportation sector due to the increasing production of vehicles.
- Growing demand for Brazing Rods in the construction and infrastructure sector due to the increasing spending on construction activities.
- Rising demand for Brazing Rods in the electrical and electronics sector due to growth in end-user industries such as telecommunications, IT, consumer electronics, and aerospace & defense.
- Increasing adoption of brazed assemblies across various industrial applications owing to their advantages over other joining methods such as welding and soldering.
Scope Of The Report
Report Attributes
Report Details
Report Title
Brazing Rods Market Research Report
By Type
Sn-Ag-Cu Brazing Rod, Sn-Cu Brazing Rod, Others
By Application
Marine Industry, Construction and Bridge, Machinery Manufacturing, Aerospace, Others
By Companies
Cemont, SIP, GCE, The Harris Products Group, Sandvik Materials Technology, Lincoln Electric, Sumitomo Electric Industries, National Standard, AlcoTec Wire, Hobart BrOthers Performance Welding Products, Saarstahl, Haynes International, LaserStar, LuvataBeiduo Welding, Great Wall, Jiangsu ZhongJiang Welding Wire
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Brazing Rods Market Report Segments:
The global Brazing Rods market is segmented on the basis of:
Types
Sn-Ag-Cu Brazing Rod, Sn-Cu Brazing Rod, 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
Marine Industry, Construction and Bridge, Machinery Manufacturing, 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:
- Cemont
- SIP
- GCE
- The Harris Products Group
- Sandvik Materials Technology
- Lincoln Electric
- Sumitomo Electric Industries
- National Standard
- AlcoTec Wire
- Hobart BrOthers Performance Welding Products
- Saarstahl
- Haynes International
- LaserStar
- LuvataBeiduo Welding
- Great Wall
- Jiangsu ZhongJiang Welding Wire
Highlights of The Brazing Rods 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:
- Sn-Ag-Cu Brazing Rod
- Sn-Cu Brazing Rod
- Others
- By Application:
- Marine Industry
- Construction and Bridge
- Machinery Manufacturing
- 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 Rods 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
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- Consumer Insights
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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?
Brazing rods are a type of welding rod used to join metals. They are made from a variety of materials, including steel and aluminum. Brazing rods heat up quickly and can create a strong bond between the metals they are joined together.
Some of the key players operating in the brazing rods market are Cemont, SIP, GCE, The Harris Products Group, Sandvik Materials Technology, Lincoln Electric, Sumitomo Electric Industries, National Standard, AlcoTec Wire, Hobart BrOthers Performance Welding Products, Saarstahl, Haynes International, LaserStar, LuvataBeiduo Welding, Great Wall, Jiangsu ZhongJiang Welding Wire.
The brazing rods 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 Rods 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 Rods Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Brazing Rods 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 Rods 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 Rods Market Size & Forecast, 2020-2028
4.5.1 Brazing Rods Market Size and Y-o-Y Growth
4.5.2 Brazing Rods 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 Sn-Ag-Cu Brazing Rod
5.2.2 Sn-Cu Brazing Rod
5.2.3 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 Marine Industry
6.2.2 Construction and Bridge
6.2.3 Machinery Manufacturing
6.2.4 Aerospace
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brazing Rods 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 Rods 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 Sn-Ag-Cu Brazing Rod
9.6.2 Sn-Cu Brazing Rod
9.6.3 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 Marine Industry
9.10.2 Construction and Bridge
9.10.3 Machinery Manufacturing
9.10.4 Aerospace
9.10.5 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 Sn-Ag-Cu Brazing Rod
10.6.2 Sn-Cu Brazing Rod
10.6.3 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 Marine Industry
10.10.2 Construction and Bridge
10.10.3 Machinery Manufacturing
10.10.4 Aerospace
10.10.5 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 Sn-Ag-Cu Brazing Rod
11.6.2 Sn-Cu Brazing Rod
11.6.3 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 Marine Industry
11.10.2 Construction and Bridge
11.10.3 Machinery Manufacturing
11.10.4 Aerospace
11.10.5 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 Sn-Ag-Cu Brazing Rod
12.6.2 Sn-Cu Brazing Rod
12.6.3 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 Marine Industry
12.10.2 Construction and Bridge
12.10.3 Machinery Manufacturing
12.10.4 Aerospace
12.10.5 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 Sn-Ag-Cu Brazing Rod
13.6.2 Sn-Cu Brazing Rod
13.6.3 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 Marine Industry
13.10.2 Construction and Bridge
13.10.3 Machinery Manufacturing
13.10.4 Aerospace
13.10.5 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 Rods Market: Competitive Dashboard
14.2 Global Brazing Rods Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cemont
14.3.2 SIP
14.3.3 GCE
14.3.4 The Harris Products Group
14.3.5 Sandvik Materials Technology
14.3.6 Lincoln Electric
14.3.7 Sumitomo Electric Industries
14.3.8 National Standard
14.3.9 AlcoTec Wire
14.3.10 Hobart BrOthers Performance Welding Products
14.3.11 Saarstahl
14.3.12 Haynes International
14.3.13 LaserStar
14.3.14 LuvataBeiduo Welding
14.3.15 Great Wall
14.3.16 Jiangsu ZhongJiang Welding Wire
