Welding is a fabrication process performed to join materials, such as alloys and metals, efficiently by means of coalescence. It is an effective and economical process for creating strong joints among two or more parts of metal. The flux & filler metals used in welding industry are known as welding consumables. These consumables melt during the course of welding to produce a firm joint. Flux is commonly utilized to create a shield of gas around weld pool to prevent oxidation of hot metals. It acts as a deoxidizer, which prevents formation of pores in weld pool.
Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to increase in construction activities, especially in the developing economies such as India and China. In addition, foreign direct investments (FDI) in wind and thermal industries play a significant role in growth and development of welding consumables market in this region. Slow adoption of innovative welding technologies in the developing countries, customer price sensitivity, and sluggish growth of shipbuilding and aerospace & defense sector limits the market growth. However, growth in need for welding automation technology, especially in the developed economies, is anticipated to provide lucrative opportunities for the market expansion.
In 2019, the market size of Welding Consumables is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Welding Consumables.
This report studies the global market size of Welding Consumables, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Welding Consumables production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Colfax
Fronius International
Hyundai Welding
Illinois Tool Works
Kemppi
Obara
Panasonic
The Lincoln Electric
Tianjin Bridge Welding Materials
Voestalpine Bohler Welding
Market Segment by Product Type
Stick Electrodes
Solid Wires
Flux Cored Wires
SAW Wires & Fluxes
Market Segment by Application
Aerospace & Defense
Automotive & Transportation
Construction
Energy
Heavy Machinery
Shipbuilding
Process
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Welding Consumables status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Welding Consumables manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Welding Consumables are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Welding Consumables . Industry analysis & Market Report on Welding Consumables is a syndicated market report, published as Global (United States, European Union and China) Welding Consumables Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Welding Consumables market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.