Global Brazing Materials market will reach 1460 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/8

Brazing Materials include powders, pastes, coated-rods, preformed, rings, wire and fluxes.The major filler metal contain silver brazing alloys, Copper brazing alloys, Aluminum brazing alloys, nickel brazing alloys.

The market is driven by various end-user industries, such as Automobile, Aviation, Oil and Gas, Electrical Industry, Household Appliances, Power Distribution and so on. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

At present, in developed countries, the Brazing Materials industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in Asia.

China’s Brazing Materials industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved.Currently, China has become international Brazing Materials large consumption country, but the production technology is relatively laggard, it can only produce some low-end product.Although the new production lines is increasing, the high-end product is still relying on import.

The Brazing Materials is a low concentration industry, which have many small and medium enterprises in china. The annual production of them are about few hundred Tonne. In short future, the competition pattern will not change.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The global Brazing Materials market is valued at 1130 million US$ in 2017 and will reach 1460 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.

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