Welding Consumables Market Analysis, Technology and Global Industry Statistics Research Report

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.

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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.

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.

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Key Point from Table of Content
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes

MARKET LANDSCAPE

By Welding Technique
• Arc Welding
o Gas Metal Arc Welding
o Gas Tungsten Arc Welding
o Flux-cored Arc Welding
o Shielded Metal Arc Welding
o Submerged Arc Welding
o Others

• Resistance Welding (welding industry report)
• Oxyfuel Welding
• Ultrasonic Welding
• Others (laser beam welding)

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By Consumable Type (welding equipment market)
• Stick Electrodes
• Solid Wires
• Flux-cored Wires
• SAW Wires
• Fluxes
• Others (gases such as Ar, He, and others)

By End-Use Industry (welding industry statistics)
• Automotive
• Aerospace
• Building & Construction
• Marine
• Oil & Gas
• Power
• Others (repair & maintenance)

By Geography (future of welding industry)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe

• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific

• LAMEA (welding industry analysis)
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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This release was published on openPR.