Braze Alloys Market by Application and Geography - Global Forecast and Analysis 2019-2023

Braze Alloys Market by Application and Geography - Global Forecast and Analysis 2019-2023

Global Braze Alloys Market: About this market

Technavio’s braze alloys market analysis considers sales from automotive, electrical and electronics, aerospace, and other applications. Our analysis also considers the sales of braze alloys in APAC, Europe, North America, South America, and MEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high application of brazing and associated filler metals in the automotive sector will play a significant role in the automotive segment to maintain its market position. Also, our global braze alloys market report looks at factors such as benefits of braze alloys, increasing applications of braze alloys in automotive and aerospace manufacturing, and growing electronics market providing impetus to market growth. However, issues associated with the blazing process, high fluctuation in raw material prices, and need to adhere to ISO standards for using braze alloys may hamper the growth of the braze alloys industry over the forecast period.

Global Braze Alloys Market: Overview

Increase in applications of braze alloys in automotive and aerospace industry

Braze alloys have high application in the automotive and aerospace market because of the rise in use of advanced forms of alloys in vehicle manufacturing and the advantages associated with braze alloys. Moreover, brazing is a cost-efficient process among other joining processes. The use of braze alloys also provides better strength, ductility, toughness, resilience, and robustness to the automobile body. As a result, the brazing process also finds high application in the aerospace industry as it plays a crucial role in manufacturing robust components that have a high temperature, pressure, and corrosion resistance. The increase in demand from such applications in the manufacturing process of components will lead to the expansion of the global braze alloys market at a CAGR of over 5% during the forecast period.

Growing recyclability of braze alloys

Currently, in the braze alloy market, there is a rise in recycling activities as vendors are developing innovative approaches for more economical manufacturing of braze alloys. There has been a rise in the recycling of braze alloys of aluminum in the aerospace market. Prominent players operating in the global aluminum market are also working on new approaches for identification, development, and implementation of economical technologies that can optimize the benefits of aluminum recycling. In addition, there is a rise in process automation and optimization through pre-sorting, shredding, and separation technologies which helps recycled braze alloys to attain the desired characteristics. Such developments are expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global braze alloys market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global braze alloys market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading braze alloys manufacturers, that include Aimtek Inc., Cupro Alloys Corp., Johnson Matthey Plc, Morgan Advanced Materials Plc, OC Oerlikon Management AG, Prince Izant Co., The Lincoln Electric Co., The VBC Group Ltd., and Umicore.

Also, the braze alloys market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global metals and mining market
      • Table Segments of global metals and mining market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (million t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 (million t)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Electrical and electronics - Market size and forecast 2018- 2023
      • Table Electrical and electronics - Market size and forecast 2018-2023 (million t)
      • Table Electrical and electronics - Year-over-year growth 2019-2023 (%)
    • Aerospace - Market size and forecast 2018-2023
      • Table Aerospace - Market size and forecast 2018-2023 (million t)
      • Table Stainless steel applications
      • Table Aerospace - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (million t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (million t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (million t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (million t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (million t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (million t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advances in the brazing process
    • Advances in metal-ceramic brazing
    • Growing recyclability of braze alloys
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aimtek Inc.
      • Table Aimtek Inc. - Vendor overview
      • Table Aimtek Inc. - Product segments
      • Table Aimtek Inc. - Key offerings
    • Cupro Alloys Corp.
      • Table Cupro Alloys Corp. - Vendor overview
      • Table Cupro Alloys Corp. - Product segments
      • Table Cupro Alloys Corp. - Key offerings
    • Johnson Matthey Plc
      • Table Johnson Matthey Plc - Vendor overview
      • Table Johnson Matthey Plc - Business segments
      • Table Johnson Matthey Plc - Organizational developments
      • Table Johnson Matthey Plc - Geographic focus
      • Table Johnson Matthey Plc - Segment focus
      • Table Johnson Matthey Plc - Key offerings
    • Lucas-Milhaupt Inc.
      • Table Lucas-Milhaupt Inc. - Vendor overview
      • Table Lucas-Milhaupt Inc. - Product segments
      • Table Lucas-Milhaupt Inc. - Organizational developments
      • Table Lucas-Milhaupt Inc. - Key offerings
    • Morgan Advanced Materials Plc
      • Table Morgan Advanced Materials Plc - Vendor overview
      • Table Morgan Advanced Materials Plc - Business segments
      • Table Morgan Advanced Materials Plc - Organizational developments
      • Table Morgan Advanced Materials Plc - Geographic focus
      • Table Morgan Advanced Materials Plc - Segment focus
      • Table Morgan Advanced Materials Plc - Key offerings
    • OC Oerlikon Management AG
      • Table OC Oerlikon Management AG - Vendor overview
      • Table OC Oerlikon Management AG - Business segments
      • Table OC Oerlikon Management AG - Organizational developments
      • Table OC Oerlikon Management AG - Geographic focus
      • Table OC Oerlikon Management AG - Segment focus
      • Table OC Oerlikon Management AG - Key offerings
    • Prince Izant Co.
      • Table Prince Izant Co. - Vendor overview
      • Table Prince Izant Co. - Product segments
      • Table Prince Izant Co. - Key offerings
    • The Lincoln Electric Co.
      • Table The Lincoln Electric Co. - Vendor overview
      • Table The Lincoln Electric Co. - Business segments
      • Table The Lincoln Electric Co. - Organizational developments
      • Table The Lincoln Electric Co. - Geographic focus
      • Table The Lincoln Electric Co. - Segment focus
      • Table The Lincoln Electric Co. - Key offerings
    • The VBC Group Ltd.
      • Table The VBC Group Ltd. - Vendor overview
      • Table The VBC Group Ltd. - Product segments
      • Table The VBC Group Ltd. - Organizational developments
      • Table The VBC Group Ltd. - Key offerings
    • Umicore
      • Table Umicore - Vendor overview
      • Table Umicore - Business segments
      • Table Umicore - Organizational developments
      • Table Umicore - Geographic focus
      • Table Umicore - Segment focus
      • Table Umicore - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook