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Aluminium Welding Wires Market Worth 460 Million US$ by 2025 : CAGR: 4.5% : QY Research

 

Los Angeles, CA -- (SBWIRE) -- 04/10/2019 -- 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.

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The global Aluminium Welding Wires market was 340 million US$ in 2018 and is expected to 460 million US$ by the end of 2025, growing at a CAGR of 4.5% between 2019 and 2025.

This report studies the Aluminium Welding Wires market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aluminium Welding Wires in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ESAB (Colfax Corporation)

Lincoln Electric

ITW

Sumitomo Electric Industries

GARG INOX

Novametal Group

WA Group

ANAND ARC

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Tianjin Bridge

Weld Atlantic

Changzhou Huatong Welding

Jinglei Welding

Shandong Juli Welding

Huaya Aluminium

Safra

Elisental

By the product type, the market is primarily split into

Pure Aluminum Welding Wire

Aluminum-Magnesium Alloy Welding Wire

Al-Si Alloy Welding Wire

By the end users/application, this report covers the following segments

Automobile Industry

Shipbuilding Industry

Appliance Industry

Others

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