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Global Aluminum Brazing Alloys Market Insight December 31, 2021 Comments

The Aluminum Brazing Alloys is forecast to crazy increase over the next years. According to the World Knowledge Information (WKI) “Global Aluminum Brazing Alloys Professional Survey Report 2021, Forecast to 2026”, Increasing the adoption rate of brazing processes, surpassing welding and brazing processes, and the increased demand for aluminum brazing alloys in the automotive industry will promote the aluminum brazing alloy market. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 4,79% base on WKI regression analysis model.

Analysts’ Viewpoint:
“Due to the surge in the number of global manufacturing plants and development centers, focusing more on high-end products, it is recommended that manufacturers increase their product quality requirements.”said Jennie, Senior analyst, Chemical industry Market Research Center in WKI.
Market insight:
Compared with other metal joining methods, brazing has become a relatively fast and economical technique. Brazing alloys are often highly adapted to automation. Compared with common heat sources (such as welding torches, steam, soldering iron tips, and heat radiation), the main advantages of laser brazing alloys include high processing speed, effective processing of zinc and brass coated steel, reduced spatter, corrosion resistance, smooth surface, Low heat input and small deformation of parts. Recently, due to the high efficiency and safety of brazing alloys in use, global industry participants have been using brazing alloys. Brazing alloys also provide minimal or no component distortion, dilute base metals, and help fill small and wide gaps. However, the volatility of base metal prices will hinder the global brazing alloy market during the forecast period
Competition Landscape:
The global brazing alloy market is partially integrated in nature. Some of the major players operating in the global brazing alloy market include: Lucas-Milhaupt, SunKwang AMPA, Prince and Izant, Nihon Superior, Aimtek, Zhejiang Asia General, VBC Group, Materion, Indian Solder Braze Alloys, Sentes-BIR, Harris Products Group, Stella Welding Alloys, Pietro Galliani Brazing, Hangzhou Huaguang Advanced Welding materials, Hebei Yuguang Welding, Zhongshan Huale Weiding Composite Materials.
Segmentation of Aluminum Brazing Alloys Market:
The global brazing alloy market can be divided into metal types: Manufacturing, maintenance..Among them, The manufacturing industry occupies a larger share of the market, because with the increase in the global population, the manufacturing industry is also developing rapidly.The global brazing alloy market can be divided into: HVAC, automotive, refrigeration, other. according to end use.Among them, automotive applications occupies a large share of the market because of the surge in the global automotive industry, and brazing alloys are very suitable for condenser connections, fuel injection pipes, brake linings and evaporators in air conditioning systems in automotive production. Therefore, automobiles are the most widely used.
Aluminum Brazing Alloys Market: Regional Analysis
In terms of geography, the global Aluminum Brazing Alloys market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Due to the surge in the adoption of brazing technology in the automotive and general manufacturing industries, the Asia-Pacific region will lead the global demand for brazing alloys. Because China’s leading position in various terminal industries such as automobiles, electrical and electronics, and aerospace may drive the country’s demand for brazing alloys in the near future.

Cagr: 4,79%
Largest share area:Asia Pacific
Largest share country:China