Global Aluminium Welding Wires Market 2019 Top Players Analysis and Forecast to 2024
Global Aluminium Welding Wires Market is predicted to gain better growth in coming years 2019 to 2024. This Aluminium Welding Wires market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Aluminium Welding Wires industry. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
A welding wire is a slim metallic rod that is ignited to generate a heated arc for the purpose of fusing metal pieces together (welding) by rendering the wire soft via hammering or compressing under an applied heat source.
The global aluminum welding wire industry has a high concentration. The major manufacturers are concentrated in North America and Europe. Such as ESAB (colfax corporation) and Lincoln electric. At present, ESAB is the world leader, holding 23%% of market share in 2017.
Aluminum welding wire downstream application is very wide. Aluminum welding wire has acquired increasing significance in fields of automotive. The aluminum welding wire market is mainly driven by growing demand for automotive and shipbuilding industry.
According to this study, over the next five years the Aluminium Welding Wires market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 420 million by 2024, from US$ 340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aluminium Welding Wires business, shared in Chapter 3.
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The key manufacturers covered in this report:
- ESAB (Colfax Corporation)
- Lincoln Electric
- Sumitomo Electric Industries
- GARG INOX
- Novametal Group
- WA Group
- ANAND ARC
- KaynakTekniğiSanayi ve TicaretA.Ş
- Tianjin Bridge
- Weld Atlantic
- Changzhou Huatong Welding
- Jinglei Welding
- Shandong Juli Welding
- Huaya Aluminium
Segmentation by product type:
- Pure Aluminum Welding Wire
- Aluminum-Magnesium Alloy Welding Wire
- Al-Si Alloy Welding Wire
Segmentation by application:
- Automobile Industry
- Shipbuilding Industry
- Appliance Industry
This report also splits the market by region:
- United States
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- To study and analyze the global Aluminium Welding Wires consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Aluminium Welding Wires market by identifying its various subsegments.
- Focuses on the key global Aluminium Welding Wires manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Aluminium Welding Wires with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Aluminium Welding Wires submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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