Welding Consumables Industry Press Release
Portland, OR -- (SBWIRE) -- 10/04/2017 -- Recent report on the construction and manufacturing sector, which titled, "Global Welding Consumables Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025" published by Progressive Markets. The study is suitable for manufacturers and stakeholders owing to comprehensive analysis it offers of factors that increase or decrease growth of the market.
The research gives a brief introduction of the global welding consumables market in terms of its scope. It offers summary which includes significant findings, market attractiveness, competitive landscape, recent developments, and trend analysis. It incorporates research methodology, such as Porter's Five Forces Analysis (PFFA) to understand rivalry in the industry. This also includes bargaining power of the supplier & buyer and threat from substitutes & new entrepreneurs. It divides the industry into types, applications, and geographies.
According to the study, the global welding consumables industry finds its application in automobile and transportation, marine, and building and construction. It segments product types into stick electrodes, flux-cored wires, solid wires, gas, and SAW wires & fluxes. Geographically, the research segments the market into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific.
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The report analyzes share of the global welding consumables market by types, applications, and geographies during the period, 2014–2025. It assesses market size of each type and application by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively. In addition, it evaluates market size of all nations of the industry during the aforementioned period.
The experts describe features that cause slow progress of the global welding consumables market, such as less availability and adoption of new technology in emerging economies. Moreover, the study provides certain key takeaways of the industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. It provides comprehensive evaluation of aspects that have potential to restrict or drive the industry.
The study discusses big market players of the global welding consumables market, such as Air Products and Chemicals, Inc. (U.S.), Praxair Incorporated (U.S.), The Linde Group (Germany), Colfax Corporation (U.S.), Illinois Tools Works (U.S.), Air Liquide S.A. (France), Lincoln Electric Holdings, Inc. (U.S.), and Tianjin Bridge Welding Materials Group Co., Ltd. (China). It offers brief introduction of every manufacturer. Further, it analyzes business and finance segment of each company. It also evaluates recent advancements made by every firm. The experts describe various factors that vendors adopt to evolve market trends. These include product development, acquisition, product approval, and collaboration. The report explores factors that accelerate growth of the industry which include rise in shortage of skilled professionals and rapid urbanization. It discusses alternate aspects that propel demand of the industry, such as growth in welding automation technology, construction company, and industrialization.
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The study on the global welding consumables market offers investors and manufacturers to identify opportunities present in the industry. It enables them to grab the future projects. It also encourages new entrepreneurs to participate in the market by providing the detailed information. The report helps to recognize the possible future investment pockets, thereby, promotes collaborations among vendors. It anticipates challenges and restraints of the industry which help producers and key stakeholders to take corrective steps during the forecast period.