888-776-0942 from 8 AM - 10 PM ET
NEW YORK , Aug. 2, 2022 /PRNewswire/ -- The aluminum welding wires market will be driven by factors such as the increasing demand for lightweight vehicles. Aluminum is a versatile material and the second most chosen material after steel. It is used for applications in different industries such as building and construction, electrical, machinery, automotive, transportation, and other machinery. in The automotive industry, aluminum is used in many forms, such as sheets for the vehicle body. Hence, the demand for aluminum has risen globally. Lightweight vehicles use materials such as aluminum as a welding material, which helps in bringing down the overall weight of a vehicle. Moreover, the implementation of stringent standards, such as the national pollution-control standards set by the US Department of Transportation or the US Environmental Protection Agency, has fueled the demand for aluminum welding wires. The use of advanced technologies is increasing in the automotive industry, as they help in reducing emission levels, increasing fuel efficiency, and improving the driving dynamics of the vehicle.
The aluminum welding wires market size is anticipated to grow by 55.07 thousand MT from 2019 to 2024. In addition, the growth momentum of the market will accelerate at a CAGR of 5.83% during the forecast period.
Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
The aluminum welding wires market is concentrated, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The aluminum welding wires market report provides complete insights on key vendors, including Air Liquide SA, Colfax Corp., CTP Srl, DRAHTWERK ELISENTAL W. Erdmann GmbH & Co., Hilarius Haarlem Holland BV, Novametal SA, Safra Spa, SURAL, The Lincoln Electric Co., and voestalpine AG.
This report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
Aluminum Scrap Recycling Market by End-user and Geography - Forecast and Analysis 2021-2025
Aluminum Extrusion Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025
Aluminum Welding Wires Market Scope
Accelerate at a CAGR of 5.83%
APAC, Europe, North America, South America, and MEA
China, US, Japan, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Air Liquide SA, Colfax Corp., CTP Srl, DRAHTWERK ELISENTAL W. Erdmann GmbH & Co., Hilarius Haarlem Holland BV, Novametal SA, Safra Spa, SURAL, The Lincoln Electric Co., and voestalpine AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Exhibit 03: Value chain analysis: Diversified metals and mining market
Exhibit 04: Offerings of vendors included in the market definition
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 (thousand MT)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
Exhibit 08: Five forces analysis 2020 & 2025
Exhibit 08: Bargaining power of buyers
Exhibit 09: Bargaining power of suppliers
Exhibit 10: Threat of new entrants
Exhibit 13: Market condition - Five forces 2020
Exhibit 14: End user - Market share 2020-2025 (%)
Exhibit 15: Comparison by End user
5.3 Automotive and transportation - Market size and forecast 2020-2025
Exhibit 16: Automotive and transportation - Market size and forecast 2020-2025 (thousand MT)
Exhibit 17: Automotive and transportation - Year-over-year growth 2020-2025 (%)
5.4 Construction - Market size and forecast 2020-2025
Exhibit 18: Construction - Market size and forecast 2020-2025 (thousand MT)
Exhibit 19: Construction - Year-over-year growth 2020-2025 (%)
5.5 Others - Market size and forecast 2020-2025
Exhibit 20: Others - Market size and forecast 2020-2025 (thousand MT)
Exhibit 21: Others - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by End user
Exhibit 22: Market opportunity by End user
Exhibit 24: Market share by geography 2020-2025 (%)
7.3 APAC - Market size and forecast 2020-2025
Exhibit 26: APAC - Market size and forecast 2020-2025 (thousand MT)
Exhibit 27: APAC - Year-over-year growth 2020-2025 (%)
7.4 Europe - Market size and forecast 2020-2025
Exhibit 28: Europe - Market size and forecast 2020-2025 (thousand MT)
Exhibit 29: Europe - Year-over-year growth 2020-2025 (%)
7.5 North America - Market size and forecast 2020-2025
Exhibit 30: North America - Market size and forecast 2020-2025 (thousand MT)
Exhibit 31: North America - Year-over-year growth 2020-2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 32: South America - Market size and forecast 2020-2025 (thousand MT)
Exhibit 33: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 34: MEA - Market size and forecast 2020-2025 (thousand MT)
Exhibit 35: MEA - Year-over-year growth 2020-2025 (%)
Exhibit 37: Market opportunity by geography (thousand MT)
8.1.1 Increasing demand for lightweight vehicles
8.1.2 Increase in demand for welding wires for repair and maintenance
8.1.3 Rising demand for power infrastructure
8.2.1 Fluctuating LME prices influence premium and production plans
8.2.4 Modern production technologies minimizing welding requirements
Exhibit 38: Metal properties and their applications
8.3.2 Increase in use of alloy 4943 as a filler
8.3.3 Use of welding robots and automation of welding processes
Exhibit 43: Matrix on vendor position and classification
Exhibit 44: L Air Liquide SA - Overview
Exhibit 45: L Air Liquide SA - Business segments
Exhibit 46: L Air Liquide SA – Key news
Exhibit 47: L Air Liquide SA - Key offerings
Exhibit 48: L Air Liquide SA - Segment focus
Exhibit 49: Colfax Corp. - Overview
Exhibit 50: Colfax Corp. - Business segments
Exhibit 51: Colfax Corp. - Key offerings
Exhibit 52: Colfax Corp. - Segment focus
Exhibit 53: CTP Srl - Overview
Exhibit 54: CTP Srl - Product and service
Exhibit 55: CTP Srl - Key offerings
10.6 DRAHTWERK ELISENTAL W. Erdmann GmbH & Co.
Exhibit 56: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Overview
Exhibit 57: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Product and service
Exhibit 58: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Key offerings
Exhibit 59: Hilarius Haarlem Holland BV - Overview
Exhibit 60: Hilarius Haarlem Holland BV - Product and service
Exhibit 61: Hilarius Haarlem Holland BV - Key offerings
Exhibit 62: Novametal SA - Overview
Exhibit 63: Novametal SA - Product and service
Exhibit 64: Novametal SA - Key offerings
Exhibit 65: Safra Spa - Overview
Exhibit 66: Safra Spa - Product and service
Exhibit 67: Safra Spa - Key offerings
Exhibit 68: Safra Spa - Segment focus
Exhibit 69: SURAL CA - Overview
Exhibit 70: SURAL CA - Product and service
Exhibit 71: SURAL CA - Key offerings
Exhibit 72: The Lincoln Electric Co. - Overview
Exhibit 73: The Lincoln Electric Co. - Business segments
Exhibit 74: The Lincoln Electric Co. - Key offerings
Exhibit 75: The Lincoln Electric Co. - Segment focus
Exhibit 76: voestalpine AG - Overview
Exhibit 77: voestalpine AG - Business segments
Exhibit 78: voestalpine AG - Key offerings
Exhibit 79: voestalpine AG - Segment focus
11.2 Currency conversion rates for US$
Exhibit 80: Currency conversion rates for US$
Exhibit 82: Validation techniques employed for market sizing
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET