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Global Welding Wires Market 2017-2021

Global Welding Wires Market 2017-2021

About Welding Wires

Welding consumables broadly constitute filler metals, stick electrodes, welding wires, and flux. These materials undergo melting to join two metals strongly and help protect the molten weld from any form of atmospheric contaminants. Welding wires are primarily used in arc welding and oxy-fuel welding technologies.

Technavio’s analysts forecast the global welding wires market to grow at a CAGR of 4.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global welding wires market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Welding Wires Market 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.

Key vendors
  • Colfax (ESAB)
  • Hyundai Welding
  • Illinois Tool Works (ITW)
  • The Lincoln Electric Company
Other prominent vendors
  • Sandvik (Sandvik Materials Technology)
  • NATIONAL STANDARD (Heico Wire Group)
  • Hobart Brothers Company
  • Jiangsu ZhongJiang Welding Wire
  • Saarstahl
  • Sumitomo Electric Industries
  • Luvata
  • Haynes International
  • LaserStar Technologies
  • Harris Products Group
  • BOC (Linde Group)
  • Ador Fontech Limited
  • Zaimoglu Holding (Magmaweld)
  • The Indian Steel & Wire Products
  • WeldWire
  • voestalpine Böhler Welding
  • IABCO
  • Gedik Welding
  • Ceweld Nederland
  • KEI Industries
  • Kobe Steel
  • Daido Steel
  • D&H Sécheron
  • Ador Welding
  • Berkenhoff
  • NovaTech
  • ITALFIL
  • Tianjin Bridge Welding Material Group
  • Air Liquide
Market driver
  • Positive outlook of the global construction sector
  • For a full, detailed list, view our report
Market challenge
  • Emergence of friction stir welding technology in the automotive sector
  • For a full, detailed list, view our report
Market trend
  • Addressing the issue of growing skills gap
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Welding Wires Market 2017-2021

Technavio recognizes the following companies as the key players in the global welding wires market: Colfax (ESAB), Hyundai Welding, Illinois Tool Works (ITW), and The Lincoln Electric Company.

Other Prominent Vendors in the market are: Sandvik (Sandvik Materials Technology), NATIONAL STANDARD (Heico Wire Group), Hobart Brothers Company, Jiangsu ZhongJiang Welding Wire, Saarstahl, Sumitomo Electric Industries, Luvata, Haynes International, LaserStar Technologies, Harris Products Group, BOC (Linde Group), Ador Fontech Limited, Zaimoglu Holding (Magmaweld), The Indian Steel & Wire Products, WeldWire, voestalpine Böhler Welding, IABCO, Gedik Welding, Ceweld Nederland, KEI Industries, Kobe Steel, Daido Steel, D&H Sécheron, Ador Welding, Berkenhoff, NovaTech, ITALFIL , Tianjin Bridge Welding Material Group, and Air Liquide.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is addressing the issue of growing skills gap. The global welding industry is expected to witness a massive shortfall of a skilled workforce. This is an alarming situation that will impact the fabrication and manufacturing industry significantly.”

According to the report, one driver in the market is positive outlook of the global construction sector. The global welding wires market is expected to be impacted significantly due to a positive outlook of the overall construction industry. Welding consumables, such as wires and stick electrodes, are used extensively in the construction industry, especially for the welding of structural steel.

Further, the report states that one challenge in the market is emergence of friction stir welding technology in the automotive sector. Friction stir welding technology is a unique and innovative technique of joining two metals by using frictional heat, coupled with a precisely controlled forging pressure. The final product possesses high integrity and is defect-free. Mechanical distortions are eliminated as the entire operation takes place under a low operating temperature.

Colfax (ESAB), Hyundai Welding, Illinois Tool Works (ITW), The Lincoln Electric Company, Sandvik (Sandvik Materials Technology), NATIONAL STANDARD (Heico Wire Group), Hobart Brothers Company, Jiangsu ZhongJiang Welding Wire, Saarstahl, Sumitomo Electric Industries, Luvata, Haynes International, LaserStar Technologies, Harris Products Group, BOC (Linde Group), Ador Fontech Limited, Zaimoglu Holding (Magmaweld), The Indian Steel & Wire Products, WeldWire, voestalpine Böhler Welding, IABCO, Gedik Welding, Ceweld Nederland, KEI Industries, Kobe Steel, Daido Steel, D&H Sécheron, Ador Welding, Berkenhoff, NovaTech, ITALFIL , Tianjin Bridge Welding Material Group, and Air Liquide.

  • EXECUTIVE SUMMARY
  • SCOPE OF THE REPORT
  • RESEARCH METHODOLOGY
  • INTRODUCTION
    • MARKET OUTLINE
      • Table TYPICAL WELDING CONSUMABLES APPLICATION
      • Table CLASSIFICATION OF WELDING PROCESSES
      • Table GLOBAL WELDING WIRES MARKET BY PRODUCT SEGMENT 2016-2021 (%)
      • Table GLOBAL WELDING WIRES MARKET BY END-USERS 2016-2021 (%)
      • Table GLOBAL WELDING WIRES MARKET BY REGION 2016-2021 (%)
  • MARKET LANDSCAPE
    • MARKET OVERVIEW
      • Table GLOBAL WELDING WIRES MARKET SEGMENTATION
    • MARKET SIZE AND FORECAST
      • Table GLOBAL WELDING WIRES MARKET ($ BILLIONS)
      • Table TRENDS IN THE AUTOMOTIVE SECTOR
      • Table GLOBAL AEROSPACE AND DEFENSE MARKET REVENUE PERFORMANCE
    • FIVE FORCES ANALYSIS
      • Table FIVE FORCES ANALYSIS
  • MARKET SEGMENTATION BY TYPE
    • MARKET OVERVIEW
      • Table GLOBAL WELDING WIRES MARKET BY PRODUCT SEGMENT 2016-2021 (%)
    • SOLID WIRES
      • Table GLOBAL WELDING WIRES MARKET BY SOLID WIRES 2016-2021 ($ BILLIONS)
    • FLUX CORED WIRES
      • Table GLOBAL WELDING WIRES MARKET BY FLUX CORED WIRES 2016-2021 ($ BILLIONS)
    • SAW WIRES AND FLUXES
      • Table GLOBAL WELDING WIRES MARKET BY SAW WIRES AND FLUXES 2016-2021 ($ BILLIONS)
  • MARKET SEGMENTATION BY END-USER
    • MARKET OVERVIEW
      • Table GLOBAL WELDING WIRES MARKET SEGMENTATION BY END-USERS 2016-2021(%)
    • AUTOMOTIVE
      • Table GLOBAL WELDING WIRES MARKET IN AUTOMOTIVE SECTOR 2016-2021 ($ BILLIONS)
      • Table GLOBAL VEHICLE SALES BY VEHICLE TYPE 2015 (%)
    • CONSTRUCTION
      • Table GLOBAL WELDING WIRES MARKET IN CONSTRUCTION SECTOR 2016-2021 ($ BILLIONS)
    • AEROSPACE AND DEFENSE
      • Table GLOBAL WELDING WIRES MARKET IN AEROSPACE AND DEFENSE SECTOR 2016-2021 ($ BILLIONS)
      • Table FACTORS INFLUENCING AEROSPACE AND DEFENSE INDUSTRY
      • Table GLOBAL AEROSPACE INDUSTRY OUTLOOK (%)
    • SHIPBUILDING
      • Table GLOBAL WELDING WIRES MARKET IN SHIPBUILDING SECTOR 2016-2021 ($ BILLIONS)
      • Table GLOBAL SHIPBUILDING ORDERS 2011-2015 (MILLIONS OF GT)
      • Table FACTORS THAT LEAD TO NEW SHIPBUILDING ORDERS
  • GEOGRAPHICAL SEGMENTATION
    • MARKET OVERVIEW
      • Table GLOBAL WELDING WIRES MARKET SEGMENTATION BY REGION 2016-2021 (%)
    • APAC
      • Table WELDING WIRES MARKET IN APAC 2016-2021 ($ BILLIONS)
    • EMEA
      • Table WELDING WIRES MARKET IN EMEA 2016-2021 ($ BILLIONS)
    • AMERICAS
      • Table WELDING WIRES MARKET IN AMERICAS 2016-2021 ($ BILLIONS)
      • Table INCREASED EXPENSE ON VARIOUS PROJECTS IN AMERICAS (%)
  • DECISION FRAMEWORK
  • DRIVERS AND CHALLENGES
    • MARKET DRIVERS
      • Table VARIOUS STRUCTURAL STEEL GRADES USED FOR CONSTRUCTION
      • Table USE OF STEEL IN BUILDING CONSTRUCTION
      • Table TRENDS THAT WILL IMPACT THE CONSTRUCTION INDUSTRY
      • Table COMPONENT CATEGORIES
      • Table GLOBAL CUMULATIVE AND ANNUAL INSTALLED CAPACITY 2014-2019 (GW)
      • Table ANNUAL INSTALLED CAPACITY BY REGION 2014-2019 (GW)
      • Table KEY TECHNOLOGIES
    • MARKET CHALLENGES
      • Table PROCESS OVERVIEW OF FRICTION STIR WELDING
      • Table FRICTION STIR WELDING APPLICATIONS IN VARIOUS CAR MODELS
      • Table TERMS OF CONFORMITY IN WELDING AS PER ISO 9000:2005
      • Table ISO 3834 STANDARD: QUALITY REQUIREMENTS FOR FUSION WELDING OF METALLIC MATERIALS
  • MARKET TRENDS
    • ADDRESSING THE ISSUE OF GROWING SKILLS GAP
    • ADVENT OF NEW MATERIALS
      • Table USE OF NEW MATERIAL FOR WELDING IN VARIOUS SECTORS
      • Table NEW WELDING PROCESS AND EQUIPMENT
    • INTRODUCTION OF LASER WELDING EQUIPMENT
      • Table GROWTH ASPECTS: GLOBAL LASER WELDING EQUIPMENT MARKET
      • Table LASER WELDING EQUIPMENT MARKET: SEGMENTATION
  • VENDOR LANDSCAPE
    • Table KEY VENDORS
    • OTHER PROMINENT VENDORS
      • Table OTHER PROMINENT VENDORS
  • KEY VENDOR ANALYSIS
    • COLFAX (ESAB)
    • HYUNDAI WELDING
    • ILLINOIS TOOL WORKS (ITW)
    • THE LINCOLN ELECTRIC COMPANY
  • APPENDIX
    • LIST OF ABBREVIATIONS
  • EXPLORE TECHNAVIO

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