Daten aus dem Cache geladen. Welding Equipment Contributing Large Share | Webyourself Social...

Welding Equipment Contributing Large Share

0
1K

Market Overview:
Welding consumables are welding rods, electrodes, fluxes and other materials that are used in arc welding, brazing and soldering. They are crucial for joining together two or more parts either permanently or temporarily as they provide energy to melt the parts and join them together. Some key advantages of welding consumables include providing strong and secure weld joints, ease of process and high strength among others. They are used across industries such as automotive, construction, shipbuilding, energy and fabrication among others.

Market key trends:
One of the key trends seen in the welding consumables market is the increasing demand for flux-cored wires. Flux-cored wires are versatile as they do not require an external shielding gas during welding. They provide smooth welding arc and the flux provides shielding during welding. These advantages have increased their popularity and demand, especially in applications requiring high deposition rates such as pipe and pressure vessel fabrication. Another major trend is the increasing use of advanced consumables such as solid wires in automated processes which provide more consistent welding properties and higher productivity.
Here is the segment analysis and key takeaways for the given Welding Consumables market research report:

Segment Analysis
The global Welding Consumables Market Share is segmented by product type, welding technique, end-use industry, and region. By product type, the welding wires segment dominated the market in 2022, accounting for around 35% of the overall market share. Welding wires are easy to use and offer better weldability, heat resistance, and corrosion resistance. This has increased their demand in industries such as automotive, construction, shipbuilding, and others.

By welding technique, the arc welding segment held the largest market share in 2022. Arc welding provides high welding speeds and deep weld penetration capabilities. It is commonly used in industries such as automotive, machinery, and shipbuilding due to its advantages.

Key Takeaways

The global welding consumables market size was valued at US$ 15.92 billion in 2022. It is expected to witness high growth, exhibiting a CAGR of 5.8% over the forecast period from 2023 to 2030, due to increasing infrastructure development and automotive production globally.

The Asia Pacific region dominated the welding consumables market in 2022 with a share of around 35%, followed by Europe and North America. The Asia Pacific region is expected to continue its dominance during the forecast period. Factors such as rapid urbanization, growing construction spending, and expansion of the automotive industry are fueling the growth of the welding consumables market in the Asia Pacific region.

Key players operating in the welding consumables market are Voestalpine AG, Arcon Welding Equipment, Colfax Corporation, Kemppi Oy, The Lincoln Electric Company, Tianjin Bridge Welding Materials Co., Ltd., Air Liquide, Fronius International GmbH, Hyundai Welding Co., Ltd., Denyo Co., Ltd., Obara Corporation, Illinois Tool Works Inc., Panasonic Corporation, and others.

Read more:

http://marketerefforts.weebly.com/home/welding-equipment-contributing-large-share

Pesquisar
Categorias
Leia Mais
Jogos
Acquista Crediti FIFA 25 Sicuri per PS4 e PS5 senza Verifiche
Acquista Crediti FIFA 25 Sicuri per PS4 e PS5 senza Verifiche Se stai cercando un modo semplice e...
Por Minorescu Jone 2024-11-13 10:28:55 0 107
Outro
Circulating Cell-Free Tumor DNA: A Potential Breakthrough for Early Cancer Detection and Treatment
Cancer begins with genetic changes inside cells that cause them to grow and divide...
Por Gauri Kanale 2024-03-04 11:09:59 0 1K
Sports
Funbuzz: Your Ultimate Destination for Betting, Fantasy, and Casino Fun
Funbuzz has swiftly become a leading name in the world of online betting, fantasy sports, and...
Por Fun Buzz 2024-10-05 12:45:37 0 248
Outro
China Egg Tray Packaging Market, Technological Advancements Upto Forecast Period 2032
The egg tray packaging market in China has been gaining significant traction over the...
Por Ganesh Mhetre 2024-08-27 11:09:21 0 365
Outro
Anti-Wrinkles Product Market: Insights and Competitive Analysis 2028
"The Anti-Wrinkles Product Market sector is undergoing rapid transformation, with...
Por Mangesh Kokate 2025-03-06 18:25:58 0 15