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Report
Silver and Gold-based Brazing Materials Market by Product Type (Silver-Based Brazing Materials, Gold-Based Brazing Materials), Application (HVAC&R, Automotive, Aerospace, Medical, Electricals and Electronics, and Others), and Region 2023-2028
Market Report I 2023-06-14 I 140 Pages I IMARC Group
The global silver and gold-based brazing materials market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.00% during 2023-2028. The proliferation of consumer electronics and appliances, the bolstering growth of the automotive sector wherein the product finds applications to manufacture lightweight and energy-efficient automobiles, and the expanding infrastructural development represent some of the key factors driving the market.
Silver and gold-based brazing materials are alloys used in the brazing process to join metal components together. Silver-based brazing materials typically contain silver as the primary component, with small amounts of other metals such as copper, zinc, and nickel. They exhibit excellent flow characteristics, high strength, corrosion resistance, and low melting points, making them ideal for heating, ventilation, and air conditioning (HVAC), automotive, aerospace, and electronics applications. Gold-based brazing materials, on the other hand, are less commonly used than silver-based alloys. These alloys are primarily composed of gold and other metals such as nickel, zinc, and copper. They provide exceptional corrosion resistance, high electrical conductivity, and good thermal conductivity. As a result, gold-based brazing materials are often utilized in specialized applications such as joining high-frequency electronic components, fiber optics, and medical devices.
Silver and Gold-based Brazing Materials Market Trends:
The increasing demand for lightweight and energy-efficient automobiles is primarily driving the need for high-performance brazing materials, including silver and gold-based alloys, in various applications such as heat exchangers, radiators, and exhaust systems. Besides this, the rising use of silver and gold-based brazing materials across a variety of applications, such as electronic component assembly, power semiconductors, and electrical connectors, is positively impacting the market growth. Moreover, the bolstering growth of the electronics and electrical industries, the proliferation of smartphones, tablets, wearables, laptops, and computers, and the shifting preference for renewable energy are presenting remunerative growth opportunities for the market. In addition to this, the surging demand for medical devices and equipment, including implants, surgical instruments, and diagnostic tools, due to the prevalence of numerous chronic diseases, is contributing to the market growth. Concurrent with this, the large-scale product adoption across the thriving aerospace and defense sectors for critical applications, such as turbine engines, aircraft structures, and electronic systems, is acting as another significant growth-inducing factor. Furthermore, ongoing infrastructural development, including construction, transportation, and utilities, is generating the need for brazing materials for reliable and durable joints, which, in turn, is propelling the market forward.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global silver and gold-based brazing materials market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product type and application.
Product Type Insights:
Silver-Based Brazing Materials
Gold-Based Brazing Materials
The report has provided a detailed breakup and analysis of the silver and gold-based brazing materials market based on the product type. This includes silver- and gold-based brazing materials.
Application Insights:
HVAC&R
Automotive
Aerospace
Medical
Electricals and Electronics
Others
A detailed breakup and analysis of the silver and gold-based brazing materials market based on the application has also been provided in the report. This includes HVAC&R, automotive, aerospace, medical, electricals and electronics, and others. According to the report, HVAC&R accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for silver and gold-based brazing materials. Some of the factors driving the North America silver and gold-based brazing materials market included the rising demand for consumer electronic devices and appliances, the increasing number of infrastructural projects, and the thriving aerospace and defense industries.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global silver and gold-based brazing materials market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Aimtek Inc., Indian Solder and Brazing Alloys, Johnson Matthey PLC, Linbraze S.r.l., Lucas-Milhaupt, Inc. (Steel Partners Holdings L.P.), Materion Corporation, Morgan Advanced Materials PLC, Pietro Galliani Brazing S.p.A, Prince & Izant Company, Sentes-BIR A.S., The Lincoln Electric Company, Umicore, WIELAND Edelmetalle GmbH (SAXONIA Group), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global silver and gold-based brazing materials market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global silver and gold-based brazing materials market?
What is the impact of each driver, restraint, and opportunity on the global silver and gold-based brazing materials market?
What are the key regional markets?
Which countries represent the most attractive silver and gold-based brazing materials market?
What is the breakup of the market based on the product type?
Which is the most attractive product type in the silver and gold-based brazing materials market?
What is the breakup of the market based on the application?
Which is the most attractive application in the silver and gold-based brazing materials market?
What is the competitive structure of the global silver and gold-based brazing materials market?
Who are the key players/companies in the global silver and gold-based brazing materials market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Silver and Gold-based Brazing Materials Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Silver-Based Brazing Materials
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Gold-Based Brazing Materials
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 HVAC&R
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Automotive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Aerospace
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Medical
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Electricals and Electronics
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Aimtek Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Indian Solder and Brazing Alloys
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Johnson Matthey PLC
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Linbraze S.r.l.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Lucas-Milhaupt, Inc. (Steel Partners Holdings L.P.)
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Materion Corporation
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Morgan Advanced Materials PLC
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Pietro Galliani Brazing S.p.A
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Prince & Izant Company
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Sentes-BIR A.S.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 The Lincoln Electric Company
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Umicore
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.13 WIELAND Edelmetalle GmbH (SAXONIA Group)
13.3.13.1 Company Overview
13.3.13.2 Product PortfolioKindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Silver and Gold-based Brazing Materials Market: Major Drivers and Challenges
Figure 2: Global: Silver and Gold-based Brazing Materials Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Silver and Gold-based Brazing Materials Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Silver and Gold-based Brazing Materials Market: Breakup by Application (in %), 2022
Figure 6: Global: Silver and Gold-based Brazing Materials Market: Breakup by Region (in %), 2022
Figure 7: Global: Silver and Gold-based Brazing Materials (Silver-Based Brazing Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Silver and Gold-based Brazing Materials (Silver-Based Brazing Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Silver and Gold-based Brazing Materials (Gold-Based Brazing Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Silver and Gold-based Brazing Materials (Gold-Based Brazing Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Silver and Gold-based Brazing Materials (HVAC&R) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Silver and Gold-based Brazing Materials (HVAC&R) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Silver and Gold-based Brazing Materials (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Silver and Gold-based Brazing Materials (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Silver and Gold-based Brazing Materials (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Silver and Gold-based Brazing Materials (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Silver and Gold-based Brazing Materials (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Silver and Gold-based Brazing Materials (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Silver and Gold-based Brazing Materials (Electricals and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Silver and Gold-based Brazing Materials (Electricals and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Silver and Gold-based Brazing Materials (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Silver and Gold-based Brazing Materials (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: North America: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: North America: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: United States: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: United States: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Canada: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Canada: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Asia-Pacific: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Asia-Pacific: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: China: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: China: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Japan: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Japan: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: India: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: India: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: South Korea: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: South Korea: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Australia: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Australia: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Indonesia: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Indonesia: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Others: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Others: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Europe: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Europe: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Germany: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Germany: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: France: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: France: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United Kingdom: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United Kingdom: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Italy: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Italy: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Spain: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Spain: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Russia: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Russia: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Latin America: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Latin America: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Brazil: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Brazil: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Mexico: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Mexico: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Middle East and Africa: Silver and Gold-based Brazing Materials Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Middle East and Africa: Silver and Gold-based Brazing Materials Market: Breakup by Country (in %), 2022
Figure 71: Middle East and Africa: Silver and Gold-based Brazing Materials Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Global: Silver and Gold-based Brazing Materials Industry: Drivers, Restraints, and Opportunities
Figure 73: Global: Silver and Gold-based Brazing Materials Industry: Value Chain Analysis
Figure 74: Global: Silver and Gold-based Brazing Materials Industry: Porter's Five Forces Analysis
Table 1: Global: Silver and Gold-based Brazing Materials Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Silver and Gold-based Brazing Materials Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Silver and Gold-based Brazing Materials Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Silver and Gold-based Brazing Materials Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Silver and Gold-based Brazing Materials Market: Competitive Structure
Table 6: Global: Silver and Gold-based Brazing Materials Market: Key Players
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