Global Brazing Alloy Market Size is Estimated to Reach $2611 Million in 2023

Brazing is a welding method that uses a metal material with a lower melting point than the base material as the brazing material. The brazing component and brazing material are heated to a temperature higher than the melting point of the brazing material and lower than the melting temperature of the base material. The liquid brazing material is used to wet the base material, fill the joint gap, and diffuse with the base material to achieve the connection of the welded component. Brazing alloys are alloys used in brazing technology, such as copper alloys, nickel alloys, silver alloys, aluminum alloys, and so on.

Analysis of the Global Brazing Alloy Segmentation Market

According to their different forms, brazing alloys are usually divided into several categories: brazing alloy powder, brazing alloy stripes, and brazing alloy pastes. Among them, the application of brazing alloy stripes is the most extensive, occupying a dominant position in the market. According to our research data, the global sub-market size of brazing alloy stripes is expected to reach $780 million in 2023, with an estimated share of 29.88% of the total global market size.

From downstream applications, the global application of brazing alloys involves many fields such as automotive, electrical and electronics, and aerospace. Among them, The electrical & electronic fields is the largest downstream application market for brazing alloys.

Global Brazing Alloy Market Size and Share Forecast by Type and Application in 2023

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Brazing Alloys Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".