Press release
Global Welding Consumables Market To grow at a CAGR of 5.51% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the "" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About Welding Consumables
Welding consumables broadly consist of filler metals and flux. These materials undergo melting to join two metals strongly and help to protect the molten weld from any form of atmospheric contaminants. Welding consumables are predominantly used in arc-welding and oxy-fuel welding technologies.
Technavios analysts forecast the global welding consumables market to grow at a CAGR of 5.51% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global welding consumables market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of welding consumables.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Welding Consumables Market 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
Colfax
Hyundai Welding
ITW
Lincoln Electric
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Other prominent vendors
Air Liquide
Arcon Welding Equipment
EWM
Eutectic
Denyo
Fronius International
Hyundai Welding
Hilarius Haarlem (HILCO)
Kemppi
Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe
Linde
Obara
Panasonic
Sandvik Materials Technology
Tianjin Bridge Welding Materials Group
Voestalpine
VDM Metals
Market driver
Positive outlook of global construction industry
For a full, detailed list, view our report
Market challenge
Emergence of friction stir welding technology in the automotive industry
For a full, detailed list, view our report
Market trend
Addressing the issue of growing skills gap
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?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Automotive
Construction
Aerospace
Marine
PART 07: Geographical segmentation
Market overview
APAC
Americas
EMEA
PART 08: Market drivers
Positive outlook of global construction industry
Growing demand from wind energy industry
Competitive landscape driving new technologies
PART 09: Impact of drivers
PART 10: Market challenges
Emergence of friction stir welding technology in the automotive industry
Shrinking skilled workforce in major steel consuming countries like India and US
Quality of welded products
Introduction of new welding technology involves greater R&D expenses
PART 11: Impact of drivers and challenges
PART 12: Market trends
Addressing the issue of growing skill gap
Advent of new materials
Emergence of laser welding equipment
PART 13: Vendor landscape
Competitive scenario
Risks faced by vendors in the overall welding equipment and consumables market
Other prominent vendors
PART 14: Key vendor analysis
Colfax
Hyundai Welding
ITW
Lincoln Electric
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
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List of Exhibits
Exhibit 01: Typical welding consumables applications
Exhibit 02: Classification of welding processes
Exhibit 03: Market dynamics of global welding consumables market 2016-2021 ($ billions)
Exhibit 04: Global welding equipment market 2016-2021 ($ billions)
Exhibit 05: Impact of global welding equipment market on global friction stir welding equipment market
Exhibit 06: Five forces analysis
Exhibit 07: Global welding consumables market: End-user segmentation 2016 and 2021
Exhibit 08: Global welding consumables market: Automotive industry 2016-2021 ($ billions)
Exhibit 09: Global vehicle sales by vehicle types 2015
Exhibit 10: Region-wise performance outlook for automotive industry 2015-2021
Exhibit 11: Global welding consumables market: Construction industry 2016-2021 ($ billions)
Exhibit 12: Average construction spending by country in APAC 2015 (%)
Exhibit 13: Global welding consumables market: Aerospace industry 2016-2021 ($ billions)
Exhibit 14: Compounded annual growth rate of specific air routes 2015-2035
Exhibit 15: New aircraft demand by region by 2034
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