About aluminum welding wires
Aluminum welding wire is manufactured using a continuous casting process. Prior to this, the alloy is carefully refined to minimize hydrogen, alkali metals, and inclusions.
Technavio’s analysts forecast the aluminum welding wires market in Europe to grow at a CAGR of 6.6% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the aluminum welding wires market in Europe for 2017-2021. To calculate the market size, the report considers the end-users into automotive and transportation, construction, and others.Technavio's report, Aluminum Welding Wires Market in Europe 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.
Technavio Announces the Publication of its Research Report – Aluminum Welding Wires Market in Europe 2017-2021
Technavio recognizes the following companies as the key players in the aluminum welding wires market in Europe: Air Liquide Welding, ESAB, Drahtwerk ELISENTAL W. Erdmann, Novametal, and The Lincoln Electric Company.
Other Prominent Vendors in the market are: CTP, EWM Hightec Welding, Gedik Welding, Hilarius Haarlem Holland, Hi-Tech Wire Industries, Metalli Trafilati Laminati, Safra, Sural, Welding Alloys, Ullrich Aluminum, and voestalpine Böhler Welding.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is use of welding robots and automation of welding processes. The use of welding robots and automation of welding processes is one of the emerging trends in the global welding wires market. End-user industries are automating their welding processes with welding robots, thereby increasing the demand for the consumables used during these processes.”
According to the report, one of the major drivers for this market is increase in demand of welding wires for repair and maintenance. There is an increase in the demand for aluminum welding wires for repair and maintenance applications in various segments, especially the automotive and infrastructure segments. Various initiatives undertaken by the organizations are boosting the market for repair and maintenance. For instance, the EU-funded project Long Life Bridges helps public authorities in evaluating whether to maintain, repair, or rebuild a specific bridge by developing new models to calculate the true safety of bridges more accurately.
Further, the report states that one of the major factors hindering the growth of this market is LME calculations and fixation methods. The LME is the world center for industrial metals. More than two-thirds of the global non-ferrous metal trading is conducted on three trading platforms of LME. One of the most important aspects of the 24-hour exchange is that it publishes a list of prices daily that are centered on the most liquid trading session of the day.
Air Liquide Welding, ESAB, Drahtwerk ELISENTAL W. Erdmann, Novametal, The Lincoln Electric Company, CTP, EWM Hightec Welding, Gedik Welding, Hilarius Haarlem Holland, Hi-Tech Wire Industries, Metalli Trafilati Laminati, Safra, Sural, Welding Alloys, Ullrich Aluminum, voestalpine Böhler Welding.