What is Brazing Copper and Copper Alloys Market?
Alloys are metal alloys that have copper as their principal component. Copper brazing is the joining of copper tubes is with the use of a socket, copper alloy fitting into the tube section is inserted and fastened by means of filler metal using the brazing process. Use of filler metals, the length of time, and the amount of heat needed to create the joint. Copper alloys are also classified as casting alloys, wrought alloys (e.g. strip, wire, tubing, forgings), and sintered alloys. Alloying produces a new material with new properties. Some of the most well-known copper alloys include brass, nickel silver, bronze, and Gunmetal. Conductive spring clips, terminals, and connectors are other products made with Copper alloys. Additionally, copper alloys are utilized to make fasteners, radiators, hydraulic tubing, gears, and valve guides. There are copper alloys that can be used to create practically any industrial product, from the tiny components of contemporary electronics to the multi-ton items used in heavy industries. Many other uses for copper alloys include wall cladding, door and window frames, structural fastening, and decorative uses. Demand For automation solutions to manufacturers engaged in production brazing this factor creating an opportunity in the market. Compared to welding, copper brazing creates weak joints this factor may challenges for copper brazing.
Highlights from Brazing Copper and Copper Alloys Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Aurubis AG (Germany), AMETEK Inc. (United States), Umicore Technical Materials (Belgium.), Pattons Corp (United States), Steward Advanced Materials LLC. (United States), Amari Copper Metals (United Kingdom), Southern Tool Steel (United States), KME GERMANY GMBH (Germany), Prince Izant Company (United States) and JX Nippon Mining & Metals Corporation (japan)|
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for Copper alloy. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Brazing Copper and Copper Alloys market throughout the forecasted period. Aurubis AG (Germany), AMETEK Inc. (United States), Umicore Technical Materials (Belgium.), Pattons Corp (United States), Steward Advanced Materials LLC. (United States), Amari Copper Metals (United Kingdom), Southern Tool Steel (United States), KME GERMANY GMBH (Germany), Prince Izant Company (United States) and JX Nippon Mining & Metals Corporation (japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Milward Alloys, Inc. (United States), Continental Steel & Tube Company (United States), Maranatha Now, Inc. (United States), Carl Schlenk AG (Germany), Belmont Metals (United States), Arcotech Ltd., Civen Metal Material Co., Ltd (china), LAMINERIES MATTHEY (Switzerland), IBC Advanced Alloys (United States) and Fusion Incorporated. (United States).
Brazing Copper and Copper Alloys Market Segmentation:
|Application / End User||Aerospace parts, Construction, Electronics, Medical equipment, Power transmission lines and components, Cooking utensils, Spark plugs, Electrical wiring, cables, and busbars, High conductivity wires, Heat exchangers and refrigeration tubing, Plumbing and Water-cooled copper crucibles.|
|Brazing Type||Torch or Manual Brazing,Induction Brazing,Resistance Brazing,Vacuum Brazing|
|Type of Copper alloys||Arsenical Copper.,Beryllium Copper (Beryllium),Billon (Silver),Brass (Zinc),Calamine Brass (Zinc),Chinese Silver (Zinc),Dutch metal (Zinc),Gilding Metal (Zinc)|
On the basis of geography, the market of Brazing Copper and Copper Alloys has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Increased demand for air-conditioned homes, offices, and work areas
Market Growth Drivers:
Increase Copper alloys used for applications requiring high electrical conductivity
Compared to welding, copper brazing creates weak joints
Copper alloys are expensive compared to other materials
Demand For automation solution to manufacturers engaged in production brazing
Market Leaders & Development Strategies
In May 2009, IBC Advanced Alloys Corp. is acquire of specialloy copper Alloys, LLC., a specialty alloy manufacturer and processing company. The highest purity fused alloys available for making additions to copper
In June 2022, Aurubis AG announced that they had started the construction of a USD 320 million multi-metal recycling plant in Augusta, Georgia. These include copper cables, printed circuit boards, and other recycling materials containing metals