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Global Copper Brazing Alloys Market InsightJune 16, 2022 Comments
The copper brazing alloy is forecast to continue rising steadly over the next four years. According to the WK-chem Research “Global Copper Brazing Alloys Professional Survey Report 2022, Forecast to 2027”, The continuous development of manufacturing industry is the main driving force to promote the development of copper brazing alloy market.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 3.82% base on WK-chem Research regression analysis model.
“Affected by the epidemic, e-commerce is developing rapidly. Participants in the copper brazing alloys industry can consider developing the online market in an all-round way, so as to broaden their sales channels.”said Selena, Senior analyst, Chemicals Goods Market Research Center in WK-chem Research.
Copper brazing alloy is famous for its excellent corrosion resistance, high conductivity and high thermal conductivity. It is usually used for brazing carbon steel and alloy steel, stainless steel, nickel and copper nickel. Because copper brazing alloy has corrosion resistance, corrosion resistance, high toughness and ductility, and requires low maintenance. The above characteristics of copper brazing alloy lead to the increased utilization of the product in consumer goods such as cookware, exhibits and stoves. It is expected that this in turn will promote the increase of demand for copper brazing alloy in the next few years and the continuous expansion of the market scale of copper brazing alloy.
However, how to reduce the production cost and pollution in today’s market environment is the primary problem to be solved by the participants in the copper brazing alloy industry.
The main players in the copper brazing alloys market are Zhejiang Seleno which is the global greatest company in Copper Brazing Alloys industry, with the market Share of 8% , followed by Voestalpine Böhler Welding, 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, Shanghai CIMIC, Tokyo Braze, Materion, Saru Silver Alloy, VBC Group, Asia General, Linbraze and others.
Segmentation of Copper Brazing Alloys Market:
According to the classification, the copper brazing alloy market can be divided into manufacturing and maintenance. Among them, manufacturing occupies the dominant position in the market. Because pure metals will corrode in different weather and atmospheric conditions, and copper brazing alloy is formed by mixing two metals, which can overcome the shortcomings of single metal, so it is more used in manufacturing. According to the application, the copper brazing alloy market can be divided into air conditioners and refrigerators, automobiles, aerospace, instruments and equipment and others. Among them, automobile occupies the leading position in the copper brazing alloy market. Because of its excellent properties of corrosion resistance and wear resistance, it is the first choice for manufacturers in the automotive industry. With the continuous development of the automotive industry, the demand for copper brazing alloy is increasing, and the market scale of copper brazing alloy is expanding.
Copper Brazing Alloys Market: Regional Analysis
In terms of geography, the global copper brazing alloys market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.The Asia Pacific region dominates the copper brazing alloy market. Due to the continuous development of automobile industry, air conditioning, refrigerator and aerospace industry in the region, the region will continue to maintain its leading position in the forecast period. In addition to the vigorous development of emerging economies, the region also has Zhejiang saile company, the world’s largest copper brazing alloy manufacturer. In addition, European government funds, subsidies and incentives, as well as new technology opportunities, are conducive to the automotive industry in the region, promote the increase of demand for copper brazing alloy and promote the continuous growth of copper brazing alloy market.
Largest share area：Asia Pacific
Largest share country：China