Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- Cored wire electrodes, also simply called cored wire, are small tubes filled with metallic or mineral powders, used for steelmaking and casting applications. They are manufactured as wire with the proper diameters in molding or drawing lines. They have higher deposition efficiency than solid wire, which in turn speeds welding tasks. The core of metal-cored wire contributes almost entirely to the deposited weld metal.

This report is focused on metallurgical cored wire type. According to the different mental types of core layers, cored wire can be divided into pure calcium, silicon-calcium, pure aluminum, tombarthite and many other kinds. Each kind of alloy cored wire can be divided into different products as well, such as Ca28Si55 and Ca31Si65 and so on.

With the rapid development of wire feeding technology in various fields, the demand for a variety of alloy cored wire increasing manufacturing forming speed, high degree of automation, automatic dosing machine is the next cored wire production technology Direction of development. In addition, the development of new, efficient and environmentally friendly powder cored wire line technology is also an important part of growing feed.

The application fields for cored wire can be broadly segmented into Steelmaking and Iron Casting industries, with specific product types used. Ca-Si cored wire is the most commonly used type now, but nodularization cored wires and inoculation cored wires are seeing a rapid growth trend in the next decade, more and more manufacturers are turning into these fields.

The global Cored Wire market was 330 million US$ in 2018 and is expected to 350 million US$ by the end of 2025, growing at a CAGR of 0.9% between 2019 and 2025.

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This report studies the Cored Wire 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 Cored Wire 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

Sarthak Metals

Anyang Chunyang

Anyang Tiefa

Anyang Wanhua

Henan Xibao

Harbin KeDeWei

Anyang Changxin Special Alloy

Wuxi Novel Special Metal

TUF Group

FSM

OFZ, a. s.

McKeown

By the product type, the market is primarily split into

Calcium Silicide Cored Wire (CaSi)

Calcium Solid Cored Wire (Ca)

Pure Carbon Cored Wire (C)

Ferro Calcium Cored Wire (CaFe)

Others

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

Steelmaking

Iron Casting

Others

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