Lewes, DE -- (SBWIRE) -- 03/23/2016 -- Report forecast the global silver- and gold-based brazing materials market to grow at a CAGR of 3.11% during the period 2016-2020.

Brazing is the joining two or more metals by filling a molten filler metal, or a brazing alloy. The melting point of these alloys is usually above 840°F and below the melting temperature of the base metals that are to be joined.

The base metals are heated to temperatures slightly above the liquidus temperature (temperature above which the metal liquidifies) of the filler metal. The filler metal is then placed marginally in the region that has to be joined. The liquefied filler material is permitted to penetrate the joints of the base metals by capillary action. Once solidified, the filler metal bonds the surfaces of the base metals through atomic attraction and fusion.

Brazing is usually performed in controlled atmospheric conditions (in a vacuum furnace). Flux is used to prevent the oxidation of metals during brazing. Silver- and gold-based alloys are used for many brazing procedures.

The report covers the present scenario and the growth prospects of the global silver- and gold-based brazing materials market for 2016-2020.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, increase in demand for brazing materials from the segment is a major driver of market growth. The segment is expected to be the fastest growing application segment for silver-based brazing materials. The demand for silver-based brazing materials is high for applications in HVAC&R segment from emerging economies such as Mexico. MEA also represents key markets for silver-based brazing materials in the HVAC&R segment during the forecast period.

Further, the report states that the costs of silver and gold are constantly rising over the past few years. Further, the pricing of these metals is not stagnant and is dependent on the global economic conditions and the exchange rates of the US dollar. These fluctuating costs affect the cost of brazing materials significantly

Global Silver- and Gold-Based Brazing Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Silver- and Gold-Based Brazing Materials Market: Johnson Matthey, Lucas-Milhaupt, and Morgan Advanced Materials.

Other Prominent Vendors in the market are: Aimtek, Bellman-Melcor, Harris Products, Indian Solder and Braze Alloys, LINBRAZE, Materion, Metalli, Pietro Galliani Brazing, Prince & Izant, Saru Silver Alloy, Sentes-BIR, STELLA, Umicore, VBC, Voestalpine Böhler Welding, and Wieland-Edelmetalle.

Market driver
- Rise in demand from HVAC&R segment
- For a full, detailed list, view our report

Market challenge
- Fluctuating costs of raw materials
- For a full, detailed list, view our report

Market trend
- Increase in demand from emerging economies
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 69 pages and 47 Exhibit "Global Silver- and Gold-based Brazing Materials Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-silver-and-gold-based-brazing-materials-market-2016-2020

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