Aluminum Welding Wires Market in Europe to grow at a CAGR of 6.6% during the period 2017-2021

Market Research analysts forecast the aluminum welding wires market in Europe to grow at a CAGR of 6.6% during the period 2017-2021.

According to the report, one of the major drivers for this market is increase in demand of welding wires for repair and maintenance. There is an increase in the demand for aluminum welding wires for repair and maintenance applications in various segments, especially the automotive and infrastructure segments. Various initiatives undertaken by the organizations are boosting the market for repair and maintenance. For instance, the EU-funded project Long Life Bridges helps public authorities in evaluating whether to maintain, repair, or rebuild a specific bridge by developing new models to calculate the true safety of bridges more accurately.

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Further, the report states that one of the major factors hindering the growth of this market is LME calculations and fixation methods. The LME is the world center for industrial metals. More than two-thirds of the global non-ferrous metal trading is conducted on three trading platforms of LME. One of the most important aspects of the 24-hour exchange is that it publishes a list of prices daily that are centered on the most liquid trading session of the day.

About aluminum welding wires

Aluminum welding wire is manufactured using a continuous casting process. Prior to this, the alloy is carefully refined to minimize hydrogen, alkali metals, and inclusions.

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Covered in this report

The report covers the present scenario and the growth prospects of the aluminum welding wires market in Europe for 2017-2021. To calculate the market size, the report considers the end-users into automotive and transportation, construction, and others.

Aluminum Welding Wires Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Air Liquide Welding
ESAB
Drahtwerk ELISENTAL W. Erdmann
Novametal
The Lincoln Electric Company
Other prominent vendors
CTP
EWM Hightec Welding
Gedik Welding
Hilarius Haarlem Holland
Hi-Tech Wire Industries
Metalli Trafilati Laminati
Safra
Sural
Welding Alloys
Ullrich Aluminum
voestalpine Böhler Welding Group
Market driver
Increase in demand of welding wires for repair and maintenance
For a full, detailed list, view our report

Market challenge
LME calculations and fixation methods
For a full, detailed list, view our report

Market trend
Use of welding robots and automation of welding processes
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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