Welding Consumables Market Critical And Significant Data In The Study Makes The Rearch A Very Important Tool
According to the market research report “Welding Consumables Market : By Technique (Arc, Resistance, Oxy-Fuel & others); By Consumable (Stick Electrode, Sold Wire, Flux Cored Wire & others); By Application (Automotive & Transportation, Building & Construction and others) & By Region-Forecast (2016-2022)”, published by IndustryARC, estimates to generate considerable demand.
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Welding consumables are unalloyed steels and fine grained steels are standardized. Welding process is usually a sculpture of joining 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. Flux and filler metals together are known as welding consumables.
Welding machines are been found to be used in various end-use industries such as building and construction, automobiles and transportation, marine, power generation and oil & gas. The welding steel industries growth is extremely dependent on the global steel intake in various end-use industries.
Stick welding electrodes, flux and cored welding wired, fluxes and SAW wires. are some of the welding consumables.
Scope & Regional Forecast of the Welding Consumables Market
The report states growth will be powered by the increasing number of bids in which various types of welding can be used, such as ultrasonic welding for joining different materials or the welding of nonferrous metals in aerospace equipment’s, although arc weld, resistance and oxyfuel welding is dominating the market. The electron beam, laser, and ultrasonic welding procedures are been found use in electronics, aerospace, and packaging applications.
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The most popular welding methods are used in mature market segments, and demand for them is subjected to the cyclical nature of individual markets, although the diversity and number of markets in which welding is used mitigate the effects of this in the welding industry overall. If you look into the report, the figure says the resistance welding systems, which accounted for a combined, is more than average percentile of equipment demand in 2017.
These will remain the dominant welding techniques. In part due to their successful integration with modern automation techniques that improve weld deposit rates and alleviate the shortage of skilled welders.
Asia-pacific is the leading market holder in terms of consuming the most and it is also predicted that in large consumables in a large industrial base, especially the automotive and building & construction sector. Asia-Pacific is followed by North America and Europe; these are the second and third largest sector in welding consumable market.
Increase adoption of advanced welding tools, particularly in the developing countries poses a threat to the growth of the global market. The upcoming technologies that are being developed and especially those technologies which are designed to weld the thick metal parts are the major challenge for growth.
Segmentations & Key Players Involved in the Welding Consumables Market
The Welding Consumables Market can be broken down into various segmentations on the basis of -
- Technique: Arc, Resistance, Oxy-Fue, Laser Beam and Ultrasonic
- Consumable: Stick Electrode, Sold Wire, Flux Cored Wire, SAW Wires & Fluxes and Others
- Application: Automotive & Transportation, Building & Construction, Marine Application and Others
- Geography: Europe, Asia Pacific, North America and Rest of the World (RoW)
Some of the key players involved in the Welding Consumables Market are as follows:
- Voestalpine AG
- Colfax Corporation
- The Lincoln Electric Company
- Air Liquide
- Hyundai Welding Co., Ltd.
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Why access this report?
* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2022, to assess how the market will develop.
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