- The key vendors in the Global Silver and Gold-based Brazing Materials Market 2015-2019 are Johnson Matthey plc, Lucas-Milhaupt Inc. and MTC Wesgo Metals.
London, 07 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Silver and Gold-based Brazing Materials Market 2015-2019. One of the key trends in the market is the increasing demand for silver and gold-based brazing materials from emerging markets such as China and India for various rapidly growing end-user applications. Silver-based brazing alloys are suitable for the brazing of stainless steel as they are convenient to use and offer lower production costs. The Global Silver and Gold-based Brazing Materials market is expected to grow at a CAGR of 3.01 percent during the period 2015-2019.
“The demand for silver-based brazing alloys is particularly high for such applications from countries such as China and Mexico,” says Faisal Ghaus, Vice President of TechNavio Research.
“Europe and the Middle East also represent key markets for silver-based brazing alloys since the demand for such products is expected to be strong during the forecast period.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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