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This study aims to estimate the welding materials market size for 2016 and projects its demand till 2021.
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Welding Materials Market Welding Materials Market by Type, End-Use, Technology, & Region - Global Forecast to 2021 View Full Report @ https://bit.ly/2RkC4uM
Introduction • The welding materials market is projected to reach USD 15.80 Billion by 2021, at a CAGR of 5.2% from 2016 to 2021. • The key factor propelling the growth of the welding materials market is the increasing demand for welding materials from the transportation and building & construction industries. View Full Report @ https://bit.ly/2RkC4uM
Industrial Insights • Based on type, the welding materials market has been segmented into electrodes & fillers, fluxes & wires, and gases (that include oxy-fuel gases and shielding gases). • The electrode & filler materials segment accounted for the largest share of the welding materials market in 2015. • Increase in automobile production, development of shipbuilding and marine transportation facilities, and rise in government expenditure towards energy, power, and infrastructure projects are likely to boost the demand for electrode & filler materials. • Based on technology, the welding materials market has been segmented into arc welding, resistance welding, oxy-fuel welding, and others. View Full Report @ https://bit.ly/2RkC4uM
Key Target Audience • Manufacturers of Welding Materials • Traders, Distributors, and Suppliers of Welding Materials • End-Use Industries Operating in Welding Materials Supply Chain • Government and Research Organizations • Associations and Industrial Bodies • Research and Consulting Firms • R&D Institutions • Environment Support Agencies • Investment Banks and Private Equity Firms View Full Report @ https://bit.ly/2RkC4uM
Regional Insights • The welding materials market in the Asia-Pacific region is anticipated to grow at the highest CAGR between 2016 and 2021. • China and India have witnessed economic growth, owing to increased construction activities and investments made in the expansion or upgrade of manufacturing facilities. • Moreover, initiatives undertaken by various governments worldwide to support growth in the manufacturing sector will propel the demand for welding materials in the Asia-Pacific region. View Full Report @ https://bit.ly/2RkC4uM
Key Players • Key companies operating in the welding materials market include Air Products and Chemicals, Inc. (U.S.), The Linde Group (Germany), Praxair Incorporated (U.S.), Colfax Corporation (U.S.), Air Liquide S.A. (France), Ador Welding Limited (India), Illinois Tool Works Inc. (U.S.), Lincoln Electric Holdings, Inc. (U.S.), and Tianjin Bridge Welding Materials Group Co., Ltd. (China). • These players have a wide market reach with established distribution network, and are investing more on research & development activities. • They also have strong technical and market development capabilities, which enable them to upgrade their existing products for new applications. View Full Report @ https://bit.ly/2RkC4uM
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