Global Welding Products Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction
Welding Products Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to increase in industrialization, rapid urbanization and growing advance welding technology global welding market are on a rise. Additionally, increase in use of welding in Automotive and Construction are also major driving factors for the Welding Products Market.
On the other hand, Lack of skilled Labour in market as compare with demand and high Labour cost, are some of the restraining factor this Market.
Geographical Overview
At a global level, the European region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered the fastest-growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Welding Products Market with its high population base. Key factors such as increase in construction, growth in automobile industry are driving Welding Products Market in the Asia Pacific region.
Segmental Overview
Welding Products Market is segmented as per below specifications -
By Product:
• Stick Electrodes
• Solid Wires
• Flux Cored Wires
• Saw Wired Fluxes
• Others
By Technology:
• Arc Welding
• Oxy-Fuel Welding
• Laser Beam Welding
• Resistance Welding
• Other Welding
By Application:
• Automotive & Transportation
• Building & Construction
• Marine
• Others
Competitor Analysis
Welding Products Market has presence of some of the key major players across globe which includes
• Colfax Corporation
• Air Liquide Welding
• Hyundai Welding Co., Ltd.
• The Lincoln Electric Company
• Illinois Tool Works, Inc.
• Veostalpine AG
• Obara Corporation
• Kemppi Oy
• Kiswel, Inc.
• Sandvik AB
• Mitco Weld Products Pvt. Ltd
• Tianjin Bridge Welding Materials Co., Ltd.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Welding Products Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations