Welding Consumables Market : Share, Size, Competitive Strategies and Forecast 2016 - 2022

Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
Persistence Market Research
Welding Consumables Market : Share, Size,
Competitive Strategies and Forecast
2016 - 2022
Persistence Market Research
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
Persistence Market Research Released New Market Report on “Welding Consumables
Market : Share, Size, Competitive Strategies and Forecast 2016 - 2022”.
Welding is typically a sculptural process of joining various metals and thermoplastics together
by means of coalescence. It is an economical and effective process for creating strong joints
between two or more parts. Filler metals melt during the course of welding and give a strong
joint. Flux is commonly used to produce a shield of gas around the weld pool for preventing the
oxidation of hot metals. Flux typically acts as a deoxidizer preventing the formation of porosity in
the weld pool. Flux and filler metals together are known as welding consumables.
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Welding finds application in various end-use industries such as building & construction,
automobile & transportation, marine, power generation, and oil & gas etc. The welding industry
growth is highly dependent on the global steel consumption in various end-use industries. Stick
electrode, flux-cored wires, solid wires, SAW wires and fluxes, etc. are some of the welding
consumables employed during the welding process. However, flux does not form the final part of
welding and is wasted during the course of welding.
The global welding consumables market is projected to register a healthy CAGR during the
forecast period, particularly in the growing economies such as China & India.
The global welding consumables market is forecast to witness high growth over the forecast
period owing to the positive outlook in various end-use industries such as the automotive &
transportation, marine, and construction industries.
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
Slow adoption of advanced technologies, particularly in the developing countries poses a threat
to the growth of the global welding consumables market.
The principal trends that are positively impacting the growth of the market are the upcoming
technologies that are being developed, and especially those technologies which are designed to
weld thick metal parts.
Also, the players in the global welding consumables market are inclined towards automation at
different stages in the welding process, and it is predicted that the development of robots and
automation software would be viable trends which would positively influence the growth of the
global welding consumables market over the forecast period.
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The global welding consumables market is segmented on the basis of welding technique,
welding consumable type, end-use industry, and region.
On the basis of welding technique, the global welding consumables market is segmented
into:
•
Arc welding
•
Resistance welding
•
Oxyfuel welding
•
Ultrasonic welding
•
Others (laser beam welding, etc.)
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
On the basis of welding consumables type, the global welding consumables market is
segmented into:
•
Stick electrodes
•
Solid wires
•
Flux-cored wires
•
SAW wires
•
Fluxes
•
Others (including gases, etc.)
In 2014, the stick electrode segment witnessed dominance in the global welding consumables
market, constituting for a major market share, closely trailed by the solid wires segment.
However, the solid wires and stick electrodes segment are predicted to lose share in the global
welding consumables market on account of the increasing popularity of SAW wires and fluxcored wires segment.
On the basis of end-use industry, the global welding consumables market is segmented
into:
•
Automotive & transportation
•
Building & construction
•
Marine
•
Power
•
Oil & gas
•
Others (including maintenance and repair, etc.)
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
The global construction industry is booming and is anticipated to be one of the primary reasons
driving the growth of the global welding consumables market. The rise in the construction
activities globally is projected to lead high demands for welding consumables in the construction
industry, fueling the growth of the global welding consumables market over the forecast period.
The global welding consumables market is projected to witness a considerable growth in CAGR
from 2015 to 2025. Currently, North America and Europe are the matured market for welding
consumable providers. However, Asia-Pacific, and MEA are expected to become lucrative
regional market for key players operating in the global welding consumables market. FMI
forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR over the
forecast period.
Some of the key players operating in the global welding consumables market are, Bohler
Welding, ESAB, Hyundai, Lincoln Electric, Air Liquide, ARCON Welding, Denyo, Fronius
International, Illinois Tool Work, ITW, Kemppi, Kobelco, OBARA, Panasonic, Tianjin Bridge
Welding Materials Group
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The report covers exhaustive analysis on:
•
Welding Consumables Market Segments
•
Welding Consumables Market Dynamics
•
Historical Actual Market Size, 2012 - 2014
•
Welding Consumables Market Size & Forecast 2015 to 2025
•
Supply & Demand Value Chain
•
Welding Consumables Market Current Trends/Issues/Challenges
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
•
Competition & Companies involved
•
Technology
•
Value Chain
•
Welding Consumables Market Drivers and Restraints
Regional analysis for Welding Consumables Market includes
•
North America
•
Latin America
•
Europe
•
Asia Pacific & Japan
•
The Middle East and Africa
Report Highlights:
•
Shifting Industry dynamics
•
In-depth market segmentation
•
Historical, current and projected industry size Recent industry trends
•
Key Competition landscape
•
Strategies of key players and product offerings
•
Potential and niche segments/regions exhibiting promising growth
•
A neutral perspective towards market performance
•
Must-have information for market players to sustain and enhance their market footprint
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Welding Consumables Market : Share, Size, Competitive
Strategies and Forecast 2016 - 2022
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