Posted on Jun 21 2022 8:45 AM

"Welding Consumables Market Size, Share & COVID-19 Impact Analysis, By Type (Stick Electrodes, Solid Wires, Flux-cored Wires and SAW Wires & Fluxes), By Application (Heavy Engineering, Automotive, Railways, Construction, Shipbuilding and others) and Regional Forecast, 2020-2027 "

Welding Consumables Market Research Reports, recently published a detailed market research study focused on the “Welding Consumables Market” across the global, regional and country level. The report provides 360° analyses of “Welding Consumables Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the industry, and estimates the future trend of Gyrocopters on the basis of this detailed study. The study shares the performance in terms of volume and revenue.

The report is titled "Welding Consumables Market Size, Share & COVID-19 Impact Analysis, By Type (Stick Electrodes, Solid Wires, Flux-cored Wires and SAW Wires & Fluxes), By Application (Heavy Engineering, Automotive, Railways, Construction, Shipbuilding and others) and Regional Forecast, 2020-2027". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The global welding consumables market size was USD 11.76 billion in 2019 and is projected to reach USD 15.15 billion by 2027, exhibiting a CAGR of 3.3 % during the forecast period

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Welding Consumables Market share, types, applications, growth factor, key players and regions.

“Get Sample PDF of report, please connect with our sales team below. “

Name: Sales Team

Email: sales [@] fortunebusinessinsights [.] com

Phone: US +1424 253 0390 / UK +44 2071 939123

List of Top Key Manufacturers for Welding Consumables Market:

• American Air Filter Company, Inc.
• Camfil
• W. L. Gore & Associates, Inc. Oracle
• APC Filtration
• Parker-Hannifin Corporation
• Freudenberg
• Donaldson Company
• MayAir Group
• Mann+Hummel Group
• Koch Filter

Driving Factors

Demand for Welding Operations across Various Industries to Support Growth

The widespread usage of welding consumables across the construction, oil and natural gas exploration, automotive, and heavy engineering industries is driving the welding market. For example, in December 2018, ABB won an order worth USD 79 million for upgrading the Bab Onshore Field in Abu Dhabi. Similarly, Qatar has invested around USD 200 billion for the 2022 FIFA World Cup.

Furthermore, adoption of welding activity in the automotive industry is rapidly growing owing to the stringent environmental norms and standards. For instance, automotive manufacturers are rigorously focusing on reducing the weight of their vehicles by replacing many metal parts with plastic materials so that the engine can be downsized, resulting in reduction in fuel consumption, and hence, lower emissions. In such a scenario, welding of plastic requires special material consumables in order to sustain the overall welding processes while manufacturing and assembling the body parts of the vehicles. Owing to the aforementioned factors, the adoption of welding consumables is anticipated to widen in the coming years

Regional Framework

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Welding Consumables Market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Welding Consumables Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Market Segmentation:

• By Type (Stick Electrodes, Solid Wires, Flux-cored Wires and SAW Wires & Fluxes),
• By Application (Heavy Engineering, Automotive, Railways, Construction, Shipbuilding and others)

 

What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:

• Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies
• Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
• Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
• Number of procedures and average price of procedures
• Replacement rate and pricing of capital equipment
• Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
• Market & technological trends, new product developments, product pipeline.

The Welding Consumables Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Research Methodology

The report offers a detailed evaluation of chemicals and their demand by highlighting information on several aspects which include drivers, trends, opportunities, and challenges. In addition to this, it sheds light on industry developments by key players, helping the industry to expand. Information given in the article consists of technological advancements to analyze the industry meticulously and offer a better understanding to its readers. These advancements will help companies to stay abreast in terms of competition.

Companies are planning to adopt several strategies to stay ahead of others. These strategies include: mergers and acquisitions, partnerships, collaborations, new product developments among others.  The information gathered through primary and secondary sources, comprises of interviews from several industry experts and professionals. Secondary sources such as press releases, information from recognized institutes, and other collaterals are used to analyze the industry. Further, top-down and bottom-up approaches are used to provide a 360-degree view.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Have Any Query? Ask Our Expert:

Name: Sales Team

Email: sales [@] fortunebusinessinsights [.] com

Phone: US +1424 253 0390 / UK +44 2071 939123