Brazing Paste

Global brazing paste are forecast to 3.61% over the next five years. According to the WK-chem Research, “Global Brazing Paste Professional Survey Report 2024, Forecast to 2029”, the use of brazing pastes has also helped companies to avoid having any loose connections which can lead to short circuits, thus in the industrial industries was popular used. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 3.61% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:
“Brazing Paste is used in the assembly of appliances such as refrigerators, washing machines, and dishwashers. It's also employed to manufacture locks for doors or windows which are made out of zinc alloys rather than steel because it has a better corrosion resistance compared to other elements thus promote the development of the brazing paste”, said Steven Clark, Senior analyst, in WK-chem Research.

Market insight:
The rise in consumption of electrical and electronic devices, increasing demand for brazing paste from the automotive industry, growing need to make household appliances corrosion-resistant are some factors that have been driving the Brazing Paste Market.
Due to the restrictions of COVID-19, the production of Brazing Paste has been adversely affected by the upstream and downstream supply chains.

Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading brazing paste companies that include: Fusion Inc., Lucas-Milhaupt, Kymera International, Johnson Matthey, Superior Flux, Solvay, Toyal Toyo Aluminium KK.

Segmentation of Brazing Paste Market:
According to the type, the market for brazing paste is divided into: Silver Brazing Paste, Aluminum Brazing Paste. Silver Brazing Paste has the largest market share. Silver brazing paste is a type of brazing alloy that has a low melting point to be able to melt and flow easily on the joints. Silver Brazing Paste is used for joining aluminum, copper, brass, or bronze together by heating and flowing it into place with flux. It has a low melting point which makes it useful in applications that require heating the object being joined to the soldering temperature of copper (approximately 450°C). The material can withstand temperatures up to 650°F without discoloring its surface and retains enough strength at room temperature to allow handling without distortion.
According to the application, the market for brazing paste is divided into: Automotive, Aviation, Oil and Gas, Electrical Industry, Household Appliances. Automotive has the largest market share. Automotive brazing paste is used to create a stronger bond between metal and plastic. It can be applied as both an electrode or filler to join metals together by melting the braze alloy and fusing it with another object, usually in order to create joints of increased durability than brazing without solder. Brazing pastes are used for soldering, brazing, and braising.
Brazing Paste Market: Regional Analysis
In terms of geography, the global brazing paste market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America is expected to dominate the global market in terms of growth rate during the forecast period with the US as its major contributor followed by others such as Canada and Mexico. The region possesses the largest share for more than two-thirds of the world's industrial output which includes consumer goods production, automobiles manufacturing, and much more due to high demand for brazing paste, especially from the automobile industry.

Frequently Asked Questions