Critical Materials & Supply Chain▲
Silver-based brazing alloys market to reach $3.8 billion by 2030
The global silver-based brazing alloys market is projected to grow from $2.98 billion in 2026 to $3.8 billion by 2030, at a compound annual growth rate of 6.3%, according to a new report from ResearchAndMarkets.com. The market had already risen from $2.8 billion in 2025 to $2.98 billion in 2026, a 6.6% increase, driven by demand from the automotive sector, electrical equipment, aerospace, household appliances, and infrastructure. Escalating vehicle production, including the shift to electric vehicles, and expansion of automotive maintenance and repair services are key growth factors. North America led the market in 2025, but Asia-Pacific is expected to see the fastest growth. Major players include Compagnie de Saint-Gobain, Linde, Sumitomo Electric Industries, Umicore, and voestalpine.