WELDING MATERIALS MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Welding Materials Market Market MARKET 2018 Welding Materials Market Market Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Market Synopsis of Welding Materials Market • The market for welding materials is driven by the increasing demand for such materials from the transportation, manufacturing, and building & construction industries. The market is highly application based and is dominated by demand from the end-use industries. It is used extensively in all the processes that consume steel across various industries.
• Electrode accounts for the largest share in the welding materials market by type in 2015. The market for electrodes is highly driven by its demand and cost effectiveness across various applications. The trend is expected to be similar by 2022. The market is expected to grow rapidly both in value and volume. • Furthermore, Transportation is leading the welding market by application due to high demand for welding materials from the automobile industry. Welding technology is used in almost every step of automobile manufacturing. The largest and fastest growing region is seen as APAC with increasing consumption of such materials across all the industries. The global Welding Materials market is expected to cross USD 16 Billion by 2022. The market is expected to grow at a CAGR of approximately 5% in the forecasted period.
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Welding Materials Market Market MARKET 2018
Regional Analysis of Global Welding Materials Market • APAC is the largest as well as the fastest growing market for Welding Materials, followed by North America and APAC is the largest as well as the fastest growing market for Welding Materials, followed by North America and Europe. The share of APAC is attributed to the huge demand for welding materials in the regions of China, Japan and India. The largest consumers of these materials are transportation & automobile industry, which are growing rapidly in these emerging nations. The demand is further fueled by the construction industry in the region. There is been a lot of investment in infrastructure due to fast urbanization and industrialization. All the steel consuming industries by far require the welding technology which augments the market in APAC for welding materials..
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Welding Materials Market Market MARKET 2018 Regional Analysis Target Audience • Manufactures • Raw Materials Suppliers • Aftermarket suppliers • Research Institute / Education Institute • Potential Investors • Key executive (CEO and COO) and strategy growth manager
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Welding Materials Market Market MARKET 2018 Application & Major Players in this Research: Key Players for Welding Materials Market Market:
Air Products and Chemicals Sandvik AB Praxair Incorporated Tianjin Bridge Welding Materials Group Co., Ltd. Lincoln Electric Holdings
Air Products and Chemicals Illinois Tools Works
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