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

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  • 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 1

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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.

    Persistence Market Research 2

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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.)

    Persistence Market Research 3

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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 flux-

    cored 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.)

    Persistence Market Research 4

  • 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

    Persistence Market Research 5

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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

    Persistence Market Research 6

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

    About Us:

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