Welding Consumables Market 2016 to Grow at a CAGR of 5.5% During the Period to 2020

Welding Consumables Market 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store

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Deerfield Beach, FL -- (SBWire) -- 02/19/2016 --Welding is the process of joining similar metals together. It is one of the methods of making high strength joints of two or more different parts. Filler metals melt with joining materials and are consumed during the welding process. Flux is used to produce gas shield around the weld pool and is used to prevent the oxidation of hot metal. Flux acts as a deoxidizer and prevents the formation of porosity in the weld pool. Filler metals and flux together are called as welding consumables. Welding electrodes, metal wires, flux-cored wires, shielding gases, and fluxes are some of the welding consumables. Flux does not form the final part of welding and is wasted during the process.

Global welding consumables market to grow at a CAGR of 5.5% in terms of revenue over the period 2014-2019.

Covered in this report

This report covers the current scenario and the growth prospects of the global welding consumables market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of welding consumables.

Global Welding Consumables Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the Americas, APAC, Europe, and MENA; it also covers the landscape of the global welding consumables market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key vendors

Americas
APAC
Europe
MENA

Key vendors

Bohler Welding
ESAB
Hyundai
Lincoln Electric

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Other prominent vendors

Air Liquide
ARCON Welding
Denyo
Fronius International
Illinois Tool Works
ITW
Kemppi
Kobelco
OBARA
Panasonic
Tianjin Bridge Welding Materials Group

Market driver

Growing construction activities worldwide
For a full, detailed list, view our report

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Market challenge

Slow adoption of advanced technologies
For a full, detailed list, view our report
Market trend

Adoption of welding automation technologies in fabrication
For a full, detailed list, view our report

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