Global Welding Consumables Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025 [Updated: 01-03-2017]

Published by Progressive Markets: 01 Mar 2017 | 601729 | In Stock

Progressive Markets

Welding is a fabrication method used to join materials like metals and thermoplastics through fusion. In this process, the base metal is melted by application of heat or pressure. Once melted, a filler material is then added to the joint to form a weld pool. The weld pool upon solidification forms a joint that is usually stronger than the base metal. Arc welding is the most common technique used for welding. Welding consumables generally comprise of electrodes, filler materials, and gases used during the welding process. Global welding consumables market is expected to grow at a CAGR of 5.5% from 2017 to 2025.

Based on welding technique, the welding consumables market is divided into arc welding, resistance welding, oxyfuel welding, ultrasonic welding, and others (laser beam welding). Arc welding is further sub- divided into gas metal arc welding, gas tungsten arc welding, flux-cored arc welding, shielded metal arc welding, submerged arc welding, and others. According to the consumable type, the market is segmented into stick electrodes solid wires, flux-cored wires, SAW wires, fluxes, and others (gases such as He and Ar). Based on end-use industry, the market is segmented into automotive, aerospace, building & construction, marine, oil & gas, power, and others (repair & maintenance). Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

• Growing construction industry, especially in the emerging economies of Asia-Pacific region, is expected to drive the demand for welding consumables

• Increasing application areas of welding consumables have also fueled the demand in recent years

Restraints:

• Slow adoption of advanced technologies in the developing countries is expected to hinder the market growth





Market Players:

The top players in the global welding consumables market include Hyundai Welding Co. Ltd., Fronius International GmbH, The Lincoln Electric Company, Arcon Welding Equipment LLC, Tianjin Bridge Welding Materials Group Co., Ltd., Obara Corporation, Panasonic Corporation, Illinois Tool Works Inc., Colfax Corporation, and Voestalpine AG.

KEY TAKEAWAYS





MARKET LANDSCAPE

• By Welding Technique

o Arc Welding

? Gas Metal Arc Welding

? Gas Tungsten Arc Welding

? Flux-cored Arc Welding

? Shielded Metal Arc Welding

? Submerged Arc Welding

? Others

o Resistance Welding

o Oxyfuel Welding

o Ultrasonic Welding

o Others (laser beam welding)

• By Consumable Type

o Stick Electrodes

o Solid Wires

o Flux-cored Wires

o SAW Wires

o Fluxes

o Others (gases such as Ar, He, and others)

• By End-Use Industry

o Automotive

o Aerospace

o Building & Construction

o Marine

o Oil & Gas

o Power

o Others (repair & maintenance)

• By Geography

o North America

? U.S.

? Canada

? Mexico

o Europe

? UK

? Germany

? France

? Spain

? Italy

? Rest of Europe

o Asia-Pacific

? China

? Japan

? India

? Australia

? South Korea

? Rest of Asia-Pacific

o LAMEA

? Brazil

? Saudi Arabia

? South Africa

? Rest of LAMEA

This report is published by Progressive Markets

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