Press Release

Welding Consumables Market Size, Share, Development by 2026 – Fortune Business Insights

Welding Consumables Market Competitive Landscape Analysis With Forecast by 2026

The rising construction activities around the world is a key factor driving the global welding consumables market, says Fortune Business Insights in a report, titled “Welding Consumables Market Size, Share and Industry Analysis, By Type (Stick Electrodes, Solid Wires, Flux-cored Wires and SAW Wires and Fluxes), By Application (Heavy Engineering, Automotive, Railways, Construction, Shipbuilding and Others) and Regional Forecast, 2019-2026.”

The global welding consumables market was valued at USD 13.79 Billion in 2018 and is expected to reach USD 23.28 Billion by 2026, exhibiting a CAGR of 6.8%.

The report offers innovative solutions to assist companies operating in the global welding consumables market. It provides comprehensive data which involves, segments, market analysis, regional analysis, recent advancement and development, market drivers and growth restraints.

Browse Complete Report Details – https://www.fortunebusinessinsights.com/industry-reports/welding-consumables-market-101598

The Prominent Players Operation In The Global Welding Consumables Market Are:

  • Colfax Corporation
  • The Lincoln Electric Company
  • Hyundai Welding Co. Ltd.
  • ESAB
  • Obara Corporation
  • Panasonic Corporation
  • Fronius International GmbH
  • Arcon Welding Equipment
  • Ador Welding Ltd.
  • Denyo Co., Ltd.

As per the report, the global welding consumables market on the basis of type is segmented into

stick electrodes, solid wires, flux-cored wires and saw wires and fluxes. The solid wires segment will account for maximum shares in the global welding consumables market during the forecast period owing to the increasing urbanization around the world. In addition, the rapid growth in the construction industry is expected to further contribute to the solid wires segment, which, will, in, turn boost the revenue.

Get PDF Brochure – https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/welding-consumables-market-101598

Solid Wires Segment Will Account For Maximum Share at a Global Level

As per the report, the market on the basis of type is segmented into stick electrodes, solid wires, flux-core wires and SAW wires and fluxes. The solid wires will hold major shares in the global welding consumables market owing to the rapid industrialization and urbanization. Lincoln Electric introduced new GTAW (TIG) cut lengths with high silicon formulations using stainless steel alloys for the clean and high-quality welding process. Upgraded manufacturing processes for the new products are enhancing the quality of the product by reducing complexities in the welding process. In addition, the increasing usage of welding equipment and welding consumables around the world is expected to facilitate the growth of the market. Moreover, the rising import and export of welding consumables is another factor expected to have a positive impact.

However, the unavailability of the skilled labor force is expected to hamper the market growth. In addition, the lack of investments in rigorous training and development of local labors is leading towards the shortage of skilled workforce.

Ask For Customization – https://www.fortunebusinessinsights.com/enquiry/customization/welding-consumables-market-101598

Market Segmentation Of Welding Consumables Market –

By Type

  • Stick Electrodes
  • Solid Wires
  • Flux-cored Wires
  • SAW Wires and Fluxes

By Application

  • Heavy Engineering
  • Automotive and Transportation
  • Railways
  • Construction
  • Shipbuilding
  • Others (Oil and Energy, Aerospace and Defense

By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

Order Full Report – https://www.fortunebusinessinsights.com/checkout-page/101598

Have Any Query? Ask Our Experts

About us –

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us –

Fortune Business Insights™ Pvt. Ltd.

Phone –

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Fortune Business Insights™

LinkedIn | Twitter | Blogs

Related Reports –

Lighting Market – Growth, Trends, And Forecast (2019 – 2026)

Retail Cloud Market 2019: Size, Global Trends, Development Status, Opportunities, Future Plans and Growth Forecast by 2026

Welding Market to Showcase Healthy Expansion at 5.7% CAGR by 2026

Tags

Jesus Rust

Jesus is leading the environment column. He is a very renowned environmentalist and has worked in many projects, some of which are based in faraway lands too. He always encourages environment conservation and sometimes keeps small group talks about the concerns. His writing and editing skills act the cheery on the top of the cake.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close