Welding Materials Market Current Scenario:
The global Welding Materials market is expected to cross USD 16 Billion by 2022. The market is expected to grow at a CAGR of approximately 5% in the forecasted period. The market for welding materials is driven by the increasing demand for such materials from the transportation, manufacturing, and building & construction industries. The market is highly application based and is dominated by demand from the end-use industries. It is used extensively in all the processes that consume steel across various industries. Electrode accounts for the largest share in the welding materials market by type in 2015. The market for electrodes is highly driven by its demand and cost effectiveness across various applications. The trend is expected to be similar by 2022. The market is expected to grow rapidly both in value and volume.
Key Players for Welding Materials Market:
Air Products and Chemicals
Illinois Tools Works
The Linde Group
Lincoln Electric Holdings
Tianjin Bridge Welding Materials Group
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Regional Analysis of Global Welding Materials Market:
APAC is the largest as well as the fastest growing market for Welding Materials, followed by North America and Europe. The share of APAC is attributed to the huge demand for welding materials in the regions of China, Japan and India. The largest consumers of these materials are transportation & automobile industry, which are growing rapidly in these emerging nations. The demand is further fueled by the construction industry in the region. There is been a lot of investment in infrastructure due to fast urbanization and industrialization. All the steel consuming industries by far require the welding technology which augments the market in APAC for welding materials.
Study Objectives of Global Welding Materials Market:
To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the global Welding Materials market
To provide insights about factors affecting the market growth
To analyze the global Welding Materials market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by Type, Application and by Region.
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Welding Materials market
The global welding materials market has been segmented on the basis of type, technology, end-use industry, and region.
On the basis of type, the market has been divided into electrode & filler material, fluxes & wires, gases, and others.
Based on technology, the market has been classified as arc welding, resistance welding, oxy-fuel welding, and others.
By end-use industry, the global welding materials market has been segmented into automotive and transportation, building and construction, marine, oil & gas, power, and others.
The market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
- Welding materials manufacturers
- Traders and distributors of welding materials
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Technology
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of Global Welding Materials Market
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