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

05-08-2017 07:11 PM CET | Industry, Real Estate & Construction

Press release from: Progressive Mrkt

welding consumable

welding consumable

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.

Enquiry About report: https://www.progressivemarkets.com/enquiry-about-report/welding-consumables-market

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)

Discount on report: https://www.progressivemarkets.com/get-discount/welding-consumables-market

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

About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.
The company was found with an initiative to bridge the gap between enterprises and global opportunities. It is driven by the sole motive to build an effective channel to communicate up-to-date qualitative and quantitative market intelligence with all-scale participants.

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Welding Consumables Market:
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