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.
Technavio’s 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:
Technavio Announces the Publication of its Research Report – Global Welding Consumables Market 2017-2021
Technavio recognizes the following companies as the key players in the global welding consumables market: Colfax, Hyundai Welding, ITW, and Lincoln Electric
Other Prominent Vendors in the market are: Air Liquide, Arcon Welding Equipment, EWM, Eutectic, Denyo, Fronius International, Hyundai Welding, Hilarius Haarlem, Kemppi, Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe, Linde, Obara, Panasonic, Sandvik Materials Technology, Tianjin Bridge Welding Materials, Voestalpine, and VDM Metals
Commenting on the report, an analyst from Technavio’s team said: “The global welding industry is expected to witness a massive shortfall of a skilled workforce. Technavio predicts that in the next five years, the US welding industry will experience a shortage in the skilled labor force by approximately 400,000. This will negatively impact the fabrication and manufacturing industry significantly. Such a situation has encouraged the development of new technologies to address the dearth of skilled welding equipment operators and cater to the demand of customers.”
According to the report, welding consumables are used extensively in the construction industry, especially for welding of structural steel. The use of structural steel within the industry has become an imperative and is considered an important raw material for this industry. Developments in new steel applications call for innovation in welding technologies. Reliability, durability, and safety of steel structures are important in construction activities and these are guaranteed by proper welding of structural steel.
Further, the report states that friction stir welding technology is a technique of joining two metals with the help of frictional heat coupled with a precisely controlled forging pressure. The final product is defect-free and possesses high integrity. Mechanical distortions are removed as the entire process takes place under a low operating temperature.
Colfax, Hyundai Welding, ITW, Lincoln Electric, Air Liquide, Arcon Welding Equipment, EWM, Eutectic, Denyo, Fronius International, Hyundai Welding, Hilarius Haarlem, Kemppi, Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe, Linde, Obara, Panasonic, Sandvik Materials Technology, Tianjin Bridge Welding Materials, Voestalpine, VDM Metals.
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