Welding is a fabrication or sculptural process that joins materials, usually metals by causing fusion, which do not melt the base metal. a filler material is typically added to the joint to form a pool of molten material (the weld pool) that cools to form a joint that is usually stronger than the base material. Pressure may also be used in conjunction with heat, or by itself, to produce a weld. Welding also requires a form of shield to protect the filler metals or melted metals from being contaminated or oxidized. Welding Wires & Welding Electrode is the basic consumable material
The global Welding Wires & Welding Electrode industry has a low concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Gloden Bridge, Tianjin Bridge, Weld Atlantic, Colfax Corporation and Kobelco. At present, Gloden Bridge is the world leader, holding 22.4% production market share in 2016.
The global consumption of Welding Wires & Welding Electrode increases from 7029 K MT in 2012 to 7206 K MT in 2016, at a CAGR of 0.7%. In 2016, the global Welding Wires & Welding Electrode consumption market is led by China, and China is the largest region consumption market, accounting for about 64.7% of global consumption of Welding Wires & Welding Electrode.
Welding Wires & Welding Electrode downstream application is very wide. Welding Wires & Welding Electrode has acquired increasing significance in fields of Automotive. The Welding Wires & Welding Electrode market is mainly driven by growing demand for Automotive and Construction.
Welding Wires & Welding Electrode can be mainly divided into Welding Wires and Welding Electrode. Which Welding Wires captures about 66.7% of Welding Wires & Welding Electrode market in 2016. The proportion will gradually increase in the future.
Global market is expected to witness slow growth, so in the next few years, Mainly due to the slow pace of downstream infrastructure construction, and shipbuilding industry demand is low .in 2023 the consumption of Welding Wires & Welding Electrode is estimated to be 8253 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The global Welding Wires & Welding Electrode market is valued at 18700 million US$ in 2018 is expected to reach 22600 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025.
This report focuses on Welding Wires & Welding Electrode volume and value at global level, regional level and company level. From a global perspective, this report represents overall Welding Wires & Welding Electrode market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Gloden Bridge
Tianjin Bridge
Weld Atlantic
Shandong Solid Solider
Shandong Juli Welding
Zhujiang Xiangjiang Welding
Wuhan Temo Welding
Changzhou Huatong Welding
Colfax Corporation
ITW
Kobelco
Lincoln Electric
KaynakTekniğiSanayi ve TicaretA.Ş
Voestalpine
Sandvik
Gedik Welding
CORODUR
Jinglei Welding
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Welding Wires
Welding Electrode
Segment by Application
Automotive
Construction
Aerospace & Defense
Shipbuilding
Pipe
Summary:
Get latest Market Research Reports on Welding Wires & Welding Electrode . Industry analysis & Market Report on Welding Wires & Welding Electrode is a syndicated market report, published as Global Welding Wires & Welding Electrode Market Research Report 2019. It is complete Research Study and Industry Analysis of Welding Wires & Welding Electrode market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.