Albany, New York, April 3, 2019: Braze alloys have sought robust adoption in the automotive sector, with copper and aluminum gaining significant demand in key developments such as lightweighting, performance furthering, fuel efficiency, and reducing the carbon footprint. In addition, better performance attributes of braze alloys over their conventional metal-joining counterparts, such as welding and soldering, have led several players in the braze alloys market to adopt these safe and cost-effective materials.
Insights mentioned above have been extracted from the report titled “Braze Alloys Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” added recently to the vast repository of the Market Research Reports Search Engine (MRRSE). The report foresees the market to record a modest CAGR of nearly 4% through 2026. A key challenge that might constrain growth of the braze alloys market is the price fluctuations in these increasingly.
The nature of the braze alloys market continues to remain fragmented, with the occupancy of a large number of players. However, as leading players hold significant shares, the market is expected to be consolidated at the top. Asia-Pacific is expected to remain the most lucrative market for braze alloys, in light of resurgent growth in construction activities, along with robust infrastructure development investments by governments in the region.
Braze Alloys Market: Summary of the Report
This report offers a detailed analysis and forecast of the braze alloys market for the period between 2018 and 2026. The braze alloys market has been evaluated in terms of value (US$ Mn) as well as volume (tons), and analyzes key drivers, opportunities, trends, and challenges affecting growth of the market. A segmental analysis has also been offered on the braze alloys market, along with a regional and country-level assessment.
The report also provides an assessment on the value chain of the braze alloys market, to offer a precise overview of the market’s dynamics. In a bid to understand the competition scenario of the braze alloys market, the Porter’s Five Forces Analysis has also been included in the report. A market attractiveness analysis is delivered on the market segments which have been benchmarked based on their size, general attractiveness and growth rate.
Key players operating in the braze alloys market include Johnson Matthey, Oerlikon Metco, Voestalpine Böhler Welding, UMICORE N.V., Indian Solder And Braze Alloys, Paras Enterprises, Morgan Advanced Materials, Lucas-Milhaupt Inc., Harris Products Group, Bellman-Melcor LLC, Aimtek, Inc., and VBC Group.
Braze Alloys Market: Research Methodology
A robust research methodology has been adopted for deriving the insights and forecast of the braze alloys market delivered in the report. This methodology involves comprehensive secondary and primary research, which have helped the analysts developing the report to collect authentic intelligence on the braze alloys market.
Information obtained has then been validated by the in-house expert panel and opinion leaders. This report serves as a credible source of information on the braze alloys market so that the report readers can make fact-based future business decisions.
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