Apr 13, 2019   SOURCE: BusinessWire

$19.2 Billion Welding Consumables Market Outlook Analysis, 2024 - ResearchAndMarkets.com

The "Welding Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global welding consumables market was worth US$ 13.9 Billion in 2018. The market is further projected to reach a value of US$ 19.2 Billion by 2024, expanding at a CAGR of around 6% during 2019-2024.

In the automobile industry, welding consumables are used in the production of lightweight and high-quality vehicle parts. Improvements in the safety features of vehicles, along with evolving automobile designs, have escalated the sales of automobiles, thereby bolstering the growth of the welding consumables market.

Moreover, the introduction of several development and housing projects has provided thrust to the construction industry in emerging economies such as China, India and South Africa.

Some of the other factors that are stimulating the growth of the market are industrialization, urbanization, rising foreign direct investments (FDI) and technological advancements.

Key Questions Answered

  • How has the global welding consumables market performed so far and how will it perform in the coming years?
  • What are the key regions in the global welding consumables market?
  • Which are the popular product types in the global welding consumables market?
  • What are the various welding techniques in the global welding consumables market?
  • What are the major end-use industries in the global welding consumables market?
  • What are the various stages in the value chain of the global welding consumables market?
  • What are the key driving factors and challenges in the global welding consumables market?
  • What is the structure of the global welding consumables market and who are the key players?
  • What is the degree of competition in the global welding consumables market?
  • How are welding consumables manufactured?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.3 Key Industry Trends

5 Global Welding Consumables Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Product

5.4 Market Breakup by Welding Technique

5.5 Market Breakup by End-Use Industries

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Product

6.1 Stick Electrodes

6.2 Solid Wires

6.3 Flux Cored Wires

6.4 SAW Wires and Fluxes

6.5 Others

7 Market Breakup by Welding Technique

7.1 Arc Welding

7.2 Resistance Welding

7.3 Oxyfuel Welding

7.4 Ultrasonic Welding

7.5 Others

8 Market Breakup by End-Use Industries

8.1 Construction

8.2 Automobile

8.3 Energy

8.4 Shipbuilding

8.5 Aerospace

8.6 Industrial Equipment

8.7 Others

9 Market Breakup by Region

9.1 Asia Pacific

9.2 North America

9.3 Europe

9.4 Middle East and Africa

9.5 Latin America

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value Chain Analysis

11.1 Overview

11.2 Research and Development

11.3 Raw Material Procurement

11.4 Manufacturing

11.5 Marketing

11.6 Distribution

11.7 End-Use

12 Porters Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Competition

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Voestalpine AG

14.3.2 Colfax Corporation

14.3.3 The Lincoln Electric Company

14.3.4 Air Liquide

14.3.5 Hyundai Welding Co. Ltd.

14.3.6 Obara Corporation

14.3.7 Panasonic Corporation

14.3.8 Illinois Tool Works Inc.

14.3.9 Denyo Co. Ltd.

14.3.10 Fronius International GmbH

14.3.11 Tianjin Bridge Welding Materials Co. Ltd.

14.3.12 Kemppi OY

14.3.13 Arcon Welding Equipment.

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