Lewes, DE -- (SBWIRE) -- 12/19/2018 -- Global Cored Wire market will register a 1.4% CAGR in terms of revenue, reach US$ 350 million by 2023, from US$ 330 million in 2017.

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.

Over the next five years, study projects that Cored Wire will register a 1.4% CAGR in terms of revenue, reach US$ 350 million by 2023, from US$ 330 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Cored Wire market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Calcium Silicide Cored Wire (CaSi)
Calcium Solid Cored Wire (Ca)
Pure Carbon Cored Wire (C)
Ferro Calcium Cored Wire (CaFe)
Others

Segmentation by application:
Steelmaking
Iron Casting
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Cored Wire consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Cored Wire market by identifying its various subsegments.
Focuses on the key global Cored Wire 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 Cored Wire 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 Cored Wire 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.

Spanning over 158 pages "Forecast of Global Cored Wire Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Cored Wire by Players, Cored Wire by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Cored Wire Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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