Industry Background:
Silver brazing is a joining process whereby a non-ferrous filler metal, the alloy is heated to melting temperature (above 800°F) and distributed between two or more close-fitting parts by capillary attraction. Brazing has various benefits over other metal-joining techniques, such as welding. The brazing alloys are used to produce engine radiators, domestic and industrial refrigerators, heat exchangers, air conditioners, water heaters and boilers, electrical appliances, electrical coils, condensers, evaporators. Growing demand from the aerospace, automotive, marine, and construction sectors in the United States is driving the growth of the market.This growth is primarily driven by Growing Adoption of Silver Brazing Material in the Automation Manufacturing Industry, Strong Demand from HVAC&R Industry and Increasing Manufacturing Activities in the Aircraft Industry.
Globally, a noticeable market trend is evident Increased Demand for Brazing of Stainless Steel. Major Vendors, such as Materion (United States), Aufhauser Corporation (United States), Alfa Aesar (United States), Aimtek (United States), Harris Products Group (Lincoln Electric) (United States), Prince & Izant (United States), Linde PLC (Ireland), Morgan Advanced Materials (United Kingdom), Wieland Edelmetalle GmbH (Germany) and Wall Colmonoy (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Growing Adoption of Silver Brazing Material in the Automation Manufacturing Industry
- Strong Demand from HVAC&R Industry
- Increasing Manufacturing Activities in the Aircraft Industry
Market Trend
- Increased Demand for Brazing of Stainless Steel
Restraints
- Fluctuation in the Prices of Silver, Subject to Market Condition
Opportunities
Rapid Pace of Innovation in the Advancement of Technology and R&D Activities in the Electronics Industry
Challenges
Availability of Substitute Materials
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Silver Brazing Alloy Study Sheds Light on
— The Silver Brazing Alloy Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Silver Brazing Alloy industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Silver Brazing Alloy industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.