Welding Wires and Welding Electrode Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22224 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
Welding is a fabrication or sculptural process that joins materials, usually metals by causing fusion, which do not melt the base metal. a filler material is typically added to the joint to form a pool of molten material (the weld pool) that cools to form a joint that is usually stronger than the base material. Pressure may also be used in conjunction with heat, or by itself, to produce a weld. Welding also requires a form of shield to protect the filler metals or melted metals from being contaminated or oxidized. Welding Wires & Welding Electrode is the basic consumable material
The global Welding Wires & Welding Electrode industry has a low concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Gloden Bridge, Tianjin Bridge, Weld Atlantic, Colfax Corporation and Kobelco. At present, Gloden Bridge is the world leader, holding 22.4% production market share in 2016.
The global consumption of Welding Wires & Welding Electrode increases from 7029 K MT in 2012 to 7206 K MT in 2016, at a CAGR of 0.7%. In 2016, the global Welding Wires & Welding Electrode consumption market is led by China, and China is the largest region consumption market, accounting for about 64.7% of global consumption of Welding Wires & Welding Electrode.
Welding Wires & Welding Electrode downstream application is very wide. Welding Wires & Welding Electrode has acquired increasing significance in fields of Automotive. The Welding Wires & Welding Electrode market is mainly driven by growing demand for Automotive and Construction.
Welding Wires & Welding Electrode can be mainly divided into Welding Wires and Welding Electrode. Which Welding Wires captures about 66.7% of Welding Wires & Welding Electrode market in 2016. The proportion will gradually increase in the future.
Global market is expected to witness slow growth, so in the next few years, Mainly due to the slow pace of downstream infrastructure construction, and shipbuilding industry demand is low .in 2023 the consumption of Welding Wires & Welding Electrode is estimated to be 8253 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The Global Welding Wires and Welding Electrode Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Welding Wires and Welding Electrode Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Gloden Bridge
Tianjin Bridge
Weld Atlantic
Shandong Solid Solider
Shandong Juli Welding
Zhujiang Xiangjiang Welding
Wuhan Temo Welding
Changzhou Huatong Welding
Colfax Corporation
ITW
Kobelco
Lincoln Electric
KaynakTekniğiSanayi ve TicaretA.Ş
Voestalpine
Sandvik
Gedik Welding
CORODUR
Jinglei Welding
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Welding Wires
Welding Electrode In Market segmentation by applications :
Automotive
Construction
Aerospace & Defense
Shipbuilding
Pipe
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Welding Wires and Welding Electrode Market for the forecast period 2023 - 2030?
• What are the driving forces in the Welding Wires and Welding Electrode Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Welding Wires and Welding Electrode industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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