Market Overview:
The global noble metal brazing materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for noble metal brazing materials in various applications such as HVAC, automotive, aerospace and others. Additionally, the growing demand for lightweight and fuel-efficient vehicles is also propelling the growth of the global noble metal brazing materials market. However, volatility in prices of raw materials used in manufacturing of noble metal brazing materials may restrain the market growth during the forecast period. On basis of type, silver base is expected to hold a major share in terms of revenue contribution followed by gold base and others segments respectively during 2018-2030.
Product Definition:
A noble metal brazing material is a material that can be used to join two pieces of metal together by using a brazing process. Brazing is a process in which a filler metal is melted and then drawn into the joint between the two metals being joined. The filler metal will then cool and harden, forming a bond between the two metals. Noble metals are typically used as brazing materials because they have high melting points and are resistant to corrosion.
Silver Base:
The silver base is a brazing material which contains about 70% of silver and 30% of other metals such as copper, tin, etc. It has low melting point and high ductility. Silver based bracing materials are widely used in aerospace industry owing to its properties such as corrosion resistance & electrical conductivity along with thermal stability. The aerospace industry extensively uses these materials for joining two components or assemblies which have different physical properties due to their corrosive environment.
Gold Base:
Gold base is a special alloy of copper and gold. It has the highest electrical conductivity among all metals. Gold base is widely used in noble metal brazing materials as it helps to obtain high melting point, low coefficient of thermal expansion, and good welding characteristics for joining two or more metals together.
Application Insights:
The automotive segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. Brazing is used in various automotive applications including power trains, body & chassis, electronics box, fuel system and exhaust systems. The use of brazing alloys provides protection against high temperatures which aids durability of components. Brazing also helps reduce weight and increase fuel efficiency which improves overall performance of vehicles.
The aerospace segment is expected to witness significant growth over the forecast period owing to increasing demand for passenger as well as military aircrafts from emerging economies such as China Japan India etcetera.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. This growth can be attributed to increasing automotive production, especially in China and India. In addition, aerospace manufacturing is also expected to witness significant growth due to rising passenger traffic and low-cost carrier activities.
Europe noble metal brazing materials market was valued at USD X million in 2017 owing to presence of major automobile manufacturers such as BMW, Mercedes Benz along with other luxury car makers who use these products for vehicle assembly lines across European countries such as Germany, France, Italy etc.
Growth Factors:
- Increasing demand for noble metal brazing materials from the automotive and aerospace industries due to their superior properties such as high strength, corrosion resistance, and thermal conductivity.
- Growing popularity of brazed assemblies in various end-use applications owing to their advantages such as reduced weight, improved performance, and longer life cycle.
- Rising demand for noble metal brazing materials in the medical devices industry on account of their biocompatibility and non-toxicity characteristics.
- Technological advancements in the field of noble metal brazing that have resulted in the development of new products with enhanced properties such as low melting point alloys and fluxless alloys.
Scope Of The Report
Report Attributes
Report Details
Report Title
Noble Metal Brazing Materials Market Research Report
By Type
Silver Base, Gold Base, 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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Noble Metal Brazing Materials Market Report Segments:
The global Noble Metal Brazing Materials market is segmented on the basis of:
Types
Silver Base, Gold 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:
- 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 Noble Metal 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:
- Silver Base
- Gold 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 Noble Metal 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.
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?
Noble metals are those that have a low reactivity and are therefore ideal for brazing. These materials include platinum, palladium, rhodium, iridium and osmium.
Some of the major companies in the noble metal 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 noble metal 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 Noble Metal 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 Noble Metal Brazing Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Noble Metal 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 Noble Metal 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 Noble Metal Brazing Materials Market Size & Forecast, 2020-2028
4.5.1 Noble Metal Brazing Materials Market Size and Y-o-Y Growth
4.5.2 Noble Metal 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 Silver Base
5.2.2 Gold Base
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 HVAC
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Noble Metal 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 Noble Metal 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 Silver Base
9.6.2 Gold Base
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 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 Silver Base
10.6.2 Gold Base
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 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 Silver Base
11.6.2 Gold Base
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 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 Silver Base
12.6.2 Gold Base
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 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 Silver Base
13.6.2 Gold Base
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 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 Noble Metal Brazing Materials Market: Competitive Dashboard
14.2 Global Noble Metal 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
