Exothermic welding is a welding process that employs molten metal to permanently join the conductors. The process employs an exothermic reaction of a thermite composition to heat the metal, and requires no external source of heat or current. The chemical reaction that produces the heat is an aluminothermic reaction between aluminium powder and a metal oxide.
According to our (Global Info Research) latest study, the global Exothermic Welding market size was valued at US$ 108 million in 2023 and is forecast to a readjusted size of USD 141 million by 2030 with a CAGR of 3.9% during review period.
Global exothermic welding manufacturers include nVent, Hubbell, Harger, and EXOWELD, etc. The top four players hold a share over 50%. Asia-Pacific is the largest market, which has a share about 39%, followed by North America and Europe, with 34% and 23% market share respectively. In terms of product type, exothermic weld powder is the largest segment with a share of 98%, and power utility has a share of 40%, which is the largest segment in terms of application.
This report is a detailed and comprehensive analysis for global Exothermic Welding market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Exothermic Welding market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Exothermic Welding market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Exothermic Welding market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Exothermic Welding market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Exothermic Welding
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Exothermic Welding market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include nVent, Hubbell, Harger, EXOWELD, Tectoweld, Aplicaciones Tecnológicas S.A., ALLTEC, ESTWELD, Amiable Impex, Huadian Lightning Protection, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Exothermic Welding market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Exothermic Weld Powder
Graphite Molds
Handle Clamps
Market segment by Application
Railroad
Power Utility
Telecommunications
Others
Major players covered
nVent
Hubbell
Harger
EXOWELD
Tectoweld
Aplicaciones Tecnológicas S.A.
ALLTEC
ESTWELD
Amiable Impex
Huadian Lightning Protection
Kumwell
Ningbo Banghe New Materials
A. N. Wallis & Co
Shangdong Fullworld
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Exothermic Welding product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Exothermic Welding, with price, sales quantity, revenue, and global market share of Exothermic Welding from 2019 to 2024.
Chapter 3, the Exothermic Welding competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Exothermic Welding breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Exothermic Welding market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Exothermic Welding.
Chapter 14 and 15, to describe Exothermic Welding sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Exothermic Welding. Industry analysis & Market Report on Exothermic Welding is a syndicated market report, published as Global Exothermic Welding Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Exothermic Welding market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.