United States Brazing Material Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.4 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The US Brazing Material Market is witnessing significant growth as industries increasingly rely on brazing materials for various applications. Brazing is a process where two or more metals are joined using a filler metal that has a lower melting point than the workpieces. The demand for brazing materials, such as alloys, fluxes, and solders, is driven by their ability to provide strong, durable joints in industries ranging from automotive and aerospace to electronics and construction. The key brazing materials used in these applications include copper, silver, aluminum, and various other alloys.
The automotive industry plays a crucial role in the demand for brazing materials. With the constant development of lighter and more fuel-efficient vehicles, brazing is essential for joining components made of different materials, such as aluminum and steel. As electric vehicles (EVs) become more popular, the need for high-performance brazing materials is also growing, especially for battery assemblies and electronic components.
Aerospace manufacturing also significantly contributes to the brazing materials market. Aerospace components require strong, heat-resistant joints that can withstand extreme conditions. Brazing materials with superior strength-to-weight ratios are indispensable for the production of aircraft engines, structural parts, and heat exchangers. Silver-based brazing alloys, in particular, are highly sought after due to their ability to handle high temperatures and stress.
Another key industry driving the brazing material market is electronics. The production of circuit boards, sensors, and semiconductors often involves brazing to ensure reliable and efficient performance. Brazing materials are used for joining delicate parts without compromising electrical conductivity, which is essential in this sector.
In construction, brazing materials are essential for the installation of HVAC systems, plumbing, and other systems requiring high-quality metal joints. The versatility and reliability of brazing materials are key factors driving their demand in the construction sector as well.
The market for brazing materials in the US is expanding due to technological advancements and the growing need for efficient, long-lasting, and cost-effective joining solutions. Companies across various industries are increasingly turning to brazing materials for their ability to provide consistent, high-quality results across a range of complex applications. The demand for these materials is expected to continue growing as industries seek new and better ways to improve the performance and longevity of their products.
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Saru Silver Alloy Private Limited
Johnson Matthey
Aimtek Inc.
Sulzer Ltd
Cupro Alloys Corporation
OC Oerlikon Management AG
Saxonia Edelmetalle GmbH
The Harris Products Group
Lucas-Milhaupt Inc.
Morgan Advanced Materials
VBC Group
Indian Solder and Brazing Alloys
Bellman-Melcor LLC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Brazing Material Market
Copper-based Alloys
Silver-based Alloys
Aluminum-based Alloys
Nickel-based Alloys
Others
Aerospace
Automotive
Electronics
HVAC (Heating, Ventilation, and Air Conditioning)
Industrial Equipment
Pastes
Wires
Rods
Flux Coated
Others
Manufacturing
Construction
Power Generation
Telecommunications
Medical Devices
Controlled Atmosphere Brazing (CAB)
Flux Brazing
Vacuum Brazing
Induction Brazing
Others
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Brazing Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Brazing Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Brazing Material Market, By Type
6. US Brazing Material Market, By Application
7. US Brazing Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Brazing Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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