Welding Materials Market by Type (Electrodes & Filler Materials, Fluxes & Wires, Gases), Technology (Arc, Resistance, Oxy-Fuel Welding), End-use Industry (Transportation, Building & Construction, Heavy Industries), & Region - Global Forecast to 2025
The welding materials market is projected to grow from USD 13.6 billion in 2020 to USD 17.3 billion by 2025, at a CAGR of 4.8% during the forecast period. The increasing spending on the building & construction market, development of manufacturing sectors, and growing repair & maintenance activities are likely to drive the welding materials market. APAC is the fastest-growing market for welding materials due to growing demand in Japan, China, and India. Increasing residential building constructions, as well as remodeling/reconstruction of existing infrastructures, are expected to drive the welding materials market in the region.
“In terms of value, arc welding segment is projected to lead the global welding materials market through 2025.”
The arc welding segment is projected to lead the welding materials market, in terms of value, during the forecast period. Arc welding has the advantage of high heat concentration during the welding process wherein an electric arc is produced in between the electrode & base materials that melt the metals. The major advantage of arc welding is the concentration of heat applied to a large surface that enables better welding by providing a depth of penetration, which ultimately reduces the welding time. Arc welding is the most preferred welding technology due to its low cost and can be applied to a wide range of metal surfaces.
“The fluxes & wires segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period.”
The fluxes & wires segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period. Flux is a chemical agent, which is used to clean a surface or can be used as a purifying agent. The flux material is used to dissolve the oxides by releasing gases that are trapped on the surface. Fluxes also help remove the impurities from the base metal surface that can further provide a good blending between the base metal and the filler material surface.
“In terms of value, the Asia Pacific welding materials market is projected to grow at the highest CAGR during the forecast period.”
APAC is the largest producer and consumer of welding materials across the globe, with almost all major manufacturers and end-use companies present in the region. APAC has witnessed tremendous growth in the past few years, driven by the growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region. Cheap labor costs, coupled with favorable import-export policies, have made APAC an ideal market for automotive OEMs as well as electronics manufacturers, which, in turn, are expected to drive the regional welding materials demand.
The increasing number of new housing units and huge investments in the infrastructural sector are also fueling the demand for welding materials in this region. According to the World Bank, APAC is the fastest-growing region in terms of both population and economic growth. The region has experienced significant growth in the last decade and accounted for approximately 34% of the global GDP in 2019. According to the Population Reference Bureau, China, India, and other emerging APAC countries had a combined population exceeding 4 billion in 2019, which is projected to become an increasingly important driver for global consumption over the next two decades.
Research Coverage
The market study covers the welding materials market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, technology, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the welding materials market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall welding materials market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
“In terms of value, arc welding segment is projected to lead the global welding materials market through 2025.”
The arc welding segment is projected to lead the welding materials market, in terms of value, during the forecast period. Arc welding has the advantage of high heat concentration during the welding process wherein an electric arc is produced in between the electrode & base materials that melt the metals. The major advantage of arc welding is the concentration of heat applied to a large surface that enables better welding by providing a depth of penetration, which ultimately reduces the welding time. Arc welding is the most preferred welding technology due to its low cost and can be applied to a wide range of metal surfaces.
“The fluxes & wires segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period.”
The fluxes & wires segment is projected to be the fastest-growing segment by end-use industry throughout the forecast period. Flux is a chemical agent, which is used to clean a surface or can be used as a purifying agent. The flux material is used to dissolve the oxides by releasing gases that are trapped on the surface. Fluxes also help remove the impurities from the base metal surface that can further provide a good blending between the base metal and the filler material surface.
“In terms of value, the Asia Pacific welding materials market is projected to grow at the highest CAGR during the forecast period.”
APAC is the largest producer and consumer of welding materials across the globe, with almost all major manufacturers and end-use companies present in the region. APAC has witnessed tremendous growth in the past few years, driven by the growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region. Cheap labor costs, coupled with favorable import-export policies, have made APAC an ideal market for automotive OEMs as well as electronics manufacturers, which, in turn, are expected to drive the regional welding materials demand.
The increasing number of new housing units and huge investments in the infrastructural sector are also fueling the demand for welding materials in this region. According to the World Bank, APAC is the fastest-growing region in terms of both population and economic growth. The region has experienced significant growth in the last decade and accounted for approximately 34% of the global GDP in 2019. According to the Population Reference Bureau, China, India, and other emerging APAC countries had a combined population exceeding 4 billion in 2019, which is projected to become an increasingly important driver for global consumption over the next two decades.
- By Department: Sales/Export/Marketing: 54%, Production: 23%, and CXOs: 23%
- By Designation: Managers: 61%, CXOs: 23%, and Executives: 16%
- By Region: North America: 33%, Europe: 27%, Asia Pacific: 25%, Middle East & Africa: 10%, and South America: 5%
Research Coverage
The market study covers the welding materials market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, technology, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the welding materials market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall welding materials market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS
1.2.2 EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 WELDING MATERIALS MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 APPROACH
FIGURE 2 APPROACH (TOP-DOWN)
FIGURE 3 APPROACH (BOTTOM-UP)
2.3 DATA TRIANGULATION
FIGURE 4 WELDING MATERIALS MARKET: DATA TRIANGULATION
FIGURE 5 KEY MARKET INSIGHTS
FIGURE 6 LIST OF STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 7 ELECTRODES & FILLER MATERIALS TO BE THE LARGEST TYPE
FIGURE 8 ARC WELDING TO BE THE FASTEST-GROWING TECHNOLOGY
FIGURE 9 TRANSPORTATION END-USE INDUSTRY TO LEAD THE WELDING MATERIALS MARKET
FIGURE 10 APAC TO GROW AT THE HIGHEST RATE IN THE WELDING MATERIALS MARKET FROM 2020 TO 2025
4 PREMIUM INSIGHTS
4.1 APAC TO WITNESS THE HIGHEST GROWTH RATE DUE TO INCREASING CONSTRUCTION ACTIVITIES
FIGURE 11 INCREASING DEMAND FROM TRANSPORTATION INDUSTRY TO DRIVE THE WELDING MATERIALS MARKET
4.2 WELDING MATERIALS MARKET, BY REGION AND END-USE INDUSTRY, 2019
FIGURE 12 APAC AND ELECTRODES & FILLER MATERIALS SEGMENT ACCOUNTED FOR LARGEST SHARES
4.3 GLOBAL WELDING MATERIALS MARKET, BY COUNTRY
FIGURE 13 WELDING MATERIALS MARKET IN INDIA TO REGISTER THE HIGHEST CAGR FROM 2020 TO 2025
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WELDING MATERIALS MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing demand from end-use industries
FIGURE 15 GLOBAL AUTOMOBILE PRODUCTION DATA, 2016-2019
5.2.1.2 Long-term growth in emerging markets and investments in energy infrastructure
FIGURE 16 GLOBAL ENERGY DEMAND
5.2.2 RESTRAINTS
5.2.2.1 Environmental impact of welding materials
5.2.3 OPPORTUNITIES
5.2.3.1 Growth prospect in developing economies
5.2.3.2 New and advanced applications
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled labor and high labor cost
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN
FIGURE 17 WELDING MATERIALS MARKET: VALUE CHAIN
6.2.1 PROMINENT COMPANIES
6.2.2 SMALL & MEDIUM ENTERPRISES
6.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 WELDING MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 IMPACT OF COVID-19 ON WELDING MATERIALS MARKET
6.5 INSIGHTS ON ARC WELDING AND SPOT WELDING
6.5.1 ARC WELDING
6.5.2 SPOT WELDING
6.5.3 TRENDS
6.5.3.1 Consumable trends
FIGURE 19 PROCESS-WISE AND PERIOD-WISE IN TERMS OF WELD METAL REQUIRED IN INDIA
6.5.3.2 Automation
6.5.3.3 New processes
6.5.3.4 Advanced materials
6.5.3.5 Micro Welding
7 WELDING MATERIALS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 20 ARC WELDING TECHNOLOGY SEGMENT TO LEAD THE MARKET THROUGHOUT THE FORECAST PERIOD
TABLE 1 WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
7.2 ARC WELDING
7.2.1 MOST PREFERRED TECHNOLOGY FOR WELDING PROCESS
7.3 RESISTANCE WELDING
7.3.1 GENERALLY USED FOR WELDING THINNER GAUGE METALS
7.4 OXY-FUEL WELDING
7.4.1 CAN BE USED TO WELD IN PLACES THAT DO NOT HAVE ACCESS TO ELECTRICITY
7.5 OTHERS
8 WELDING MATERIALS MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 21 FLUXES & WIRES TO BE THE FASTEST-GROWING SEGMENT THROUGHOUT THE FORECAST PERIOD
TABLE 2 WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
8.2 ELECTRODES & FILLER MATERIALS
8.2.1 ECONOMICAL AND CAN BE USED ON A WIDE RANGE OF METALS
8.3 FLUXES & WIRES
8.3.1 FLUXES SHIELD THE WELD FROM THE ATMOSPHERE AND PREVENT OXIDATION
8.4 GASES
8.4.1 MAINLY USED TO PROTECT MOLTEN METALS FROM CONTAMINATION AND OXIDATION
9 WELDING MATERIALS MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 22 TRANSPORTATION INDUSTRY TO LEAD THE MARKET THROUGHOUT THE FORECAST PERIOD
TABLE 3 WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
9.2 TRANSPORTATION
9.2.1 KEY END-USE INDUSTRY OF WELDING MATERIALS
9.3 BUILDING & CONSTRUCTION
9.3.1 INCREASING CONSTRUCTION ACTIVITIES IN EMERGING ECONOMIES TO BOOST THE MARKET
9.4 HEAVY INDUSTRIES
9.4.1 WELDING IS ESSENTIAL FOR REPAIRING SHIPS, PIPELINES, AND OFFSHORE OIL PLATFORMS
9.5 OTHERS
10 WELDING MATERIALS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 23 REGIONAL SNAPSHOT: INDIA TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FROM 2020 TO 2025
TABLE 4 WELDING MATERIALS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 5 WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 6 WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 7 WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2 APAC
FIGURE 24 APAC: WELDING MATERIALS MARKET SNAPSHOT
TABLE 8 APAC: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 9 APAC: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 10 APAC: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 11 APAC: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.1 CHINA
10.2.1.1 Largest producer and consumer of welding materials
TABLE 12 CHINA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 13 CHINA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.2 JAPAN
10.2.2.1 Market growth supported by innovations in the transportation industry
TABLE 14 JAPAN: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 15 JAPAN: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.3 INDIA
10.2.3.1 To be the fastest-growing market in APAC by 2025
TABLE 16 INDIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 17 INDIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.4 INDONESIA
10.2.4.1 Growing population to boost construction demand and the welding materials market
TABLE 18 INDONESIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 19 INDONESIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.5 REST OF APAC
TABLE 20 REST OF APAC: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 21 REST OF APAC: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3 NORTH AMERICA
TABLE 22 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 23 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 24 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 25 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.1 US
10.3.1.1 US to lead the welding materials market in North America by 2025
TABLE 26 US: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 27 US: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.2 CANADA
10.3.2.1 High usage of welding materials due to vast automobile industry
TABLE 28 CANADA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 29 CANADA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.3 MEXICO
10.3.3.1 To be the fastest-growing market in North America
TABLE 30 MEXICO: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 31 MEXICO: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4 EUROPE
TABLE 32 EUROPE: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 33 EUROPE: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 34 EUROPE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 35 EUROPE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.1 GERMANY
10.4.1.1 To dominate the welding materials market in Europe by 2025
TABLE 36 GERMANY: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 37 GERMANY: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.2 UK
10.4.2.1 Growth in the automotive industry to offer lucrative opportunities for the market
TABLE 38 UK: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 39 UK: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.3 FRANCE
10.4.3.1 Increasing foreign investments in various end-use industries to drive the welding materials market
TABLE 40 FRANCE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 41 FRANCE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.4 RUSSIA
10.4.4.1 Market growth supported by the rise in public and private construction projects
TABLE 42 RUSSIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 43 RUSSIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.5 ITALY
10.4.5.1 Market growth favored by the vast automotive industry
TABLE 44 ITALY: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 45 ITALY: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.6 NETHERLANDS
10.4.6.1 Growth in the manufacturing sector significantly contributes to the increase in demand for welding materials
TABLE 46 NETHERLANDS: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 47 NETHERLANDS: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.7 REST OF EUROPE
TABLE 48 REST OF EUROPE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 49 REST OF EUROPE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
TABLE 50 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 52 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 53 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.1 SAUDI ARABIA
10.5.1.1 Market growth supported by increasing government investments toward public infrastructure-related projects
TABLE 54 SAUDI ARABIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 55 SAUDI ARABIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.2 SOUTH AFRICA
10.5.2.1 Growing automotive trade to boost the market in South Africa
TABLE 56 SOUTH AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 57 SOUTH AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.3 REST OF MIDDLE EAST & AFRICA
TABLE 58 REST OF MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 59 REST OF MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6 SOUTH AMERICA
TABLE 60 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 62 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.1 BRAZIL
10.6.1.1 Brazil to dominate the welding materials market in South America
TABLE 64 BRAZIL: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 65 BRAZIL: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.2 ARGENTINA
10.6.2.1 Government focus on encouraging automotive industry is an important driving force
TABLE 66 ARGENTINA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 67 ARGENTINA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.3 REST OF SOUTH AMERICA
TABLE 68 REST OF SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 69 REST OF SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 COMPETITIVE SCENARIO
FIGURE 25 MERGER & ACQUISITION IS THE MOST FOLLOWED STRATEGY BY THE COMPANIES
11.2.1 MERGER & ACQUISITION
TABLE 70 MERGER & ACQUISITION
11.2.2 EXPANSION & INVESTMENT
TABLE 71 EXPANSION & INVESTMENT
11.2.3 JOINT VENTURE & AGREEMENT
TABLE 72 JOINT VENTURE & PARTNERSHIP
11.2.4 NEW PRODUCT DEVELOPMENT
TABLE 73 NEW PRODUCT DEVELOPMENT
11.3 COMPETITIVE EVALUATION MATRIX
11.3.1 OVERVIEW
11.3.2 STAR
11.3.3 EMERGING LEADERS
11.3.4 PERVASIVE
11.3.5 EMERGING COMPANIES
FIGURE 26 WELDING MATERIALS MARKET: COMPETITIVE EVALUATION MATRIX, 2020
11.4 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 27 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN WELDING MATERIALS MARKET
11.5 BUSINESS STRATEGY EXCELLENCE
FIGURE 28 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN WELDING MATERIALS MARKET
12 COMPANY PROFILES
(Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, Current Focus and Strategies, Winning Imperatives, and Right to Win)*
12.1 AIR LIQUIDE S.A.
FIGURE 29 AIR LIQUIDE S.A.: COMPANY SNAPSHOT
FIGURE 30 AIR LIQUIDE S.A.: SWOT ANALYSIS
12.2 AIR PRODUCTS & CHEMICALS INC.
FIGURE 31 AIR PRODUCTS AND CHEMICALS INC.: COMPANY SNAPSHOT
FIGURE 32 AIR PRODUCTS AND CHEMICALS INC.: SWOT ANALYSIS
12.3 COLFAX CORPORATION
FIGURE 33 COLFAX CORPORATION: COMPANY SNAPSHOT
FIGURE 34 COLFAX CORPORATION: SWOT ANALYSIS
12.4 ILLINOIS TOOL WORKS INC.
FIGURE 35 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT
FIGURE 36 ILLINOIS TOOL WORKS INC.: SWOT ANALYSIS
12.5 LINDE PLC
FIGURE 37 LINDE PLC: COMPANY SNAPSHOT
FIGURE 38 LINDE PLC: SWOT ANALYSIS
12.6 LINCOLN ELECTRIC HOLDINGS
FIGURE 39 LINCOLN ELECTRIC HOLDINGS: COMPANY SNAPSHOT
12.7 ADOR WELDING LIMITED
FIGURE 40 ADOR WELDING LIMITED: COMPANY SNAPSHOT
12.8 TIANJIN BRIDGE WELDING MATERIALS GROUP CO. LTD.
12.9 KOBE STEEL (KOBELCO)
FIGURE 41 KOBE STEEL: COMPANY SNAPSHOT
12.10 OTHER PLAYERS
12.10.1 PRECISION CASTPARTS CORP.
12.10.2 ROLLED ALLOYS
12.10.3 LAIWU JINCAI WELDING MATERIALS CO. LTD
12.10.4 ADVANCED TECHNOLOGIES AND MATERIALS CO. LTD.
12.10.5 HYUNDAI WELDING CO. LTD.
12.10.6 ZULFI WELDING ELECTRODES FACTORY CO. LTD.
12.11 WELDING MACHINE MANUFACTURERS
12.11.1 DENYO CO. LTD
12.11.2 ACRO AUTOMATION SYSTEMS INC. (US)
12.11.3 PANASONIC CORPORATION
12.11.4 ESAB
12.11.5 VOESTALPINE BOHLER WELDING GMBH
12.11.6 CARL CLOOS SCHWEISSTECHNIK GMBH
12.11.7 DAIHEN CORPORATION
12.11.8 BANNER WELDING INC
12.11.9 SONICS & MATERIALS, INC.
12.11.10 AMADA WELD TECH
12.11.11 FRONIUS INTERNATIONAL GMBH
*Details on Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, Current Focus and Strategies, Winning Imperatives, and Right to Win might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS
1.2.2 EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 WELDING MATERIALS MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 APPROACH
FIGURE 2 APPROACH (TOP-DOWN)
FIGURE 3 APPROACH (BOTTOM-UP)
2.3 DATA TRIANGULATION
FIGURE 4 WELDING MATERIALS MARKET: DATA TRIANGULATION
FIGURE 5 KEY MARKET INSIGHTS
FIGURE 6 LIST OF STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 7 ELECTRODES & FILLER MATERIALS TO BE THE LARGEST TYPE
FIGURE 8 ARC WELDING TO BE THE FASTEST-GROWING TECHNOLOGY
FIGURE 9 TRANSPORTATION END-USE INDUSTRY TO LEAD THE WELDING MATERIALS MARKET
FIGURE 10 APAC TO GROW AT THE HIGHEST RATE IN THE WELDING MATERIALS MARKET FROM 2020 TO 2025
4 PREMIUM INSIGHTS
4.1 APAC TO WITNESS THE HIGHEST GROWTH RATE DUE TO INCREASING CONSTRUCTION ACTIVITIES
FIGURE 11 INCREASING DEMAND FROM TRANSPORTATION INDUSTRY TO DRIVE THE WELDING MATERIALS MARKET
4.2 WELDING MATERIALS MARKET, BY REGION AND END-USE INDUSTRY, 2019
FIGURE 12 APAC AND ELECTRODES & FILLER MATERIALS SEGMENT ACCOUNTED FOR LARGEST SHARES
4.3 GLOBAL WELDING MATERIALS MARKET, BY COUNTRY
FIGURE 13 WELDING MATERIALS MARKET IN INDIA TO REGISTER THE HIGHEST CAGR FROM 2020 TO 2025
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WELDING MATERIALS MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing demand from end-use industries
FIGURE 15 GLOBAL AUTOMOBILE PRODUCTION DATA, 2016-2019
5.2.1.2 Long-term growth in emerging markets and investments in energy infrastructure
FIGURE 16 GLOBAL ENERGY DEMAND
5.2.2 RESTRAINTS
5.2.2.1 Environmental impact of welding materials
5.2.3 OPPORTUNITIES
5.2.3.1 Growth prospect in developing economies
5.2.3.2 New and advanced applications
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled labor and high labor cost
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN
FIGURE 17 WELDING MATERIALS MARKET: VALUE CHAIN
6.2.1 PROMINENT COMPANIES
6.2.2 SMALL & MEDIUM ENTERPRISES
6.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 WELDING MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 IMPACT OF COVID-19 ON WELDING MATERIALS MARKET
6.5 INSIGHTS ON ARC WELDING AND SPOT WELDING
6.5.1 ARC WELDING
6.5.2 SPOT WELDING
6.5.3 TRENDS
6.5.3.1 Consumable trends
FIGURE 19 PROCESS-WISE AND PERIOD-WISE IN TERMS OF WELD METAL REQUIRED IN INDIA
6.5.3.2 Automation
6.5.3.3 New processes
6.5.3.4 Advanced materials
6.5.3.5 Micro Welding
7 WELDING MATERIALS MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 20 ARC WELDING TECHNOLOGY SEGMENT TO LEAD THE MARKET THROUGHOUT THE FORECAST PERIOD
TABLE 1 WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
7.2 ARC WELDING
7.2.1 MOST PREFERRED TECHNOLOGY FOR WELDING PROCESS
7.3 RESISTANCE WELDING
7.3.1 GENERALLY USED FOR WELDING THINNER GAUGE METALS
7.4 OXY-FUEL WELDING
7.4.1 CAN BE USED TO WELD IN PLACES THAT DO NOT HAVE ACCESS TO ELECTRICITY
7.5 OTHERS
8 WELDING MATERIALS MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 21 FLUXES & WIRES TO BE THE FASTEST-GROWING SEGMENT THROUGHOUT THE FORECAST PERIOD
TABLE 2 WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
8.2 ELECTRODES & FILLER MATERIALS
8.2.1 ECONOMICAL AND CAN BE USED ON A WIDE RANGE OF METALS
8.3 FLUXES & WIRES
8.3.1 FLUXES SHIELD THE WELD FROM THE ATMOSPHERE AND PREVENT OXIDATION
8.4 GASES
8.4.1 MAINLY USED TO PROTECT MOLTEN METALS FROM CONTAMINATION AND OXIDATION
9 WELDING MATERIALS MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 22 TRANSPORTATION INDUSTRY TO LEAD THE MARKET THROUGHOUT THE FORECAST PERIOD
TABLE 3 WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
9.2 TRANSPORTATION
9.2.1 KEY END-USE INDUSTRY OF WELDING MATERIALS
9.3 BUILDING & CONSTRUCTION
9.3.1 INCREASING CONSTRUCTION ACTIVITIES IN EMERGING ECONOMIES TO BOOST THE MARKET
9.4 HEAVY INDUSTRIES
9.4.1 WELDING IS ESSENTIAL FOR REPAIRING SHIPS, PIPELINES, AND OFFSHORE OIL PLATFORMS
9.5 OTHERS
10 WELDING MATERIALS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 23 REGIONAL SNAPSHOT: INDIA TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FROM 2020 TO 2025
TABLE 4 WELDING MATERIALS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 5 WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 6 WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 7 WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2 APAC
FIGURE 24 APAC: WELDING MATERIALS MARKET SNAPSHOT
TABLE 8 APAC: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 9 APAC: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 10 APAC: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 11 APAC: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.1 CHINA
10.2.1.1 Largest producer and consumer of welding materials
TABLE 12 CHINA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 13 CHINA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.2 JAPAN
10.2.2.1 Market growth supported by innovations in the transportation industry
TABLE 14 JAPAN: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 15 JAPAN: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.3 INDIA
10.2.3.1 To be the fastest-growing market in APAC by 2025
TABLE 16 INDIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 17 INDIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.4 INDONESIA
10.2.4.1 Growing population to boost construction demand and the welding materials market
TABLE 18 INDONESIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 19 INDONESIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.2.5 REST OF APAC
TABLE 20 REST OF APAC: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 21 REST OF APAC: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3 NORTH AMERICA
TABLE 22 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 23 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 24 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 25 NORTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.1 US
10.3.1.1 US to lead the welding materials market in North America by 2025
TABLE 26 US: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 27 US: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.2 CANADA
10.3.2.1 High usage of welding materials due to vast automobile industry
TABLE 28 CANADA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 29 CANADA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.3.3 MEXICO
10.3.3.1 To be the fastest-growing market in North America
TABLE 30 MEXICO: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 31 MEXICO: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4 EUROPE
TABLE 32 EUROPE: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 33 EUROPE: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 34 EUROPE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 35 EUROPE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.1 GERMANY
10.4.1.1 To dominate the welding materials market in Europe by 2025
TABLE 36 GERMANY: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 37 GERMANY: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.2 UK
10.4.2.1 Growth in the automotive industry to offer lucrative opportunities for the market
TABLE 38 UK: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 39 UK: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.3 FRANCE
10.4.3.1 Increasing foreign investments in various end-use industries to drive the welding materials market
TABLE 40 FRANCE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 41 FRANCE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.4 RUSSIA
10.4.4.1 Market growth supported by the rise in public and private construction projects
TABLE 42 RUSSIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 43 RUSSIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.5 ITALY
10.4.5.1 Market growth favored by the vast automotive industry
TABLE 44 ITALY: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 45 ITALY: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.6 NETHERLANDS
10.4.6.1 Growth in the manufacturing sector significantly contributes to the increase in demand for welding materials
TABLE 46 NETHERLANDS: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 47 NETHERLANDS: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.4.7 REST OF EUROPE
TABLE 48 REST OF EUROPE: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 49 REST OF EUROPE: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
TABLE 50 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 52 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 53 MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.1 SAUDI ARABIA
10.5.1.1 Market growth supported by increasing government investments toward public infrastructure-related projects
TABLE 54 SAUDI ARABIA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 55 SAUDI ARABIA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.2 SOUTH AFRICA
10.5.2.1 Growing automotive trade to boost the market in South Africa
TABLE 56 SOUTH AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 57 SOUTH AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.5.3 REST OF MIDDLE EAST & AFRICA
TABLE 58 REST OF MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 59 REST OF MIDDLE EAST & AFRICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6 SOUTH AMERICA
TABLE 60 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)
TABLE 62 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.1 BRAZIL
10.6.1.1 Brazil to dominate the welding materials market in South America
TABLE 64 BRAZIL: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 65 BRAZIL: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.2 ARGENTINA
10.6.2.1 Government focus on encouraging automotive industry is an important driving force
TABLE 66 ARGENTINA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 67 ARGENTINA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
10.6.3 REST OF SOUTH AMERICA
TABLE 68 REST OF SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 69 REST OF SOUTH AMERICA: WELDING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 COMPETITIVE SCENARIO
FIGURE 25 MERGER & ACQUISITION IS THE MOST FOLLOWED STRATEGY BY THE COMPANIES
11.2.1 MERGER & ACQUISITION
TABLE 70 MERGER & ACQUISITION
11.2.2 EXPANSION & INVESTMENT
TABLE 71 EXPANSION & INVESTMENT
11.2.3 JOINT VENTURE & AGREEMENT
TABLE 72 JOINT VENTURE & PARTNERSHIP
11.2.4 NEW PRODUCT DEVELOPMENT
TABLE 73 NEW PRODUCT DEVELOPMENT
11.3 COMPETITIVE EVALUATION MATRIX
11.3.1 OVERVIEW
11.3.2 STAR
11.3.3 EMERGING LEADERS
11.3.4 PERVASIVE
11.3.5 EMERGING COMPANIES
FIGURE 26 WELDING MATERIALS MARKET: COMPETITIVE EVALUATION MATRIX, 2020
11.4 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 27 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN WELDING MATERIALS MARKET
11.5 BUSINESS STRATEGY EXCELLENCE
FIGURE 28 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN WELDING MATERIALS MARKET
12 COMPANY PROFILES
(Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, Current Focus and Strategies, Winning Imperatives, and Right to Win)*
12.1 AIR LIQUIDE S.A.
FIGURE 29 AIR LIQUIDE S.A.: COMPANY SNAPSHOT
FIGURE 30 AIR LIQUIDE S.A.: SWOT ANALYSIS
12.2 AIR PRODUCTS & CHEMICALS INC.
FIGURE 31 AIR PRODUCTS AND CHEMICALS INC.: COMPANY SNAPSHOT
FIGURE 32 AIR PRODUCTS AND CHEMICALS INC.: SWOT ANALYSIS
12.3 COLFAX CORPORATION
FIGURE 33 COLFAX CORPORATION: COMPANY SNAPSHOT
FIGURE 34 COLFAX CORPORATION: SWOT ANALYSIS
12.4 ILLINOIS TOOL WORKS INC.
FIGURE 35 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT
FIGURE 36 ILLINOIS TOOL WORKS INC.: SWOT ANALYSIS
12.5 LINDE PLC
FIGURE 37 LINDE PLC: COMPANY SNAPSHOT
FIGURE 38 LINDE PLC: SWOT ANALYSIS
12.6 LINCOLN ELECTRIC HOLDINGS
FIGURE 39 LINCOLN ELECTRIC HOLDINGS: COMPANY SNAPSHOT
12.7 ADOR WELDING LIMITED
FIGURE 40 ADOR WELDING LIMITED: COMPANY SNAPSHOT
12.8 TIANJIN BRIDGE WELDING MATERIALS GROUP CO. LTD.
12.9 KOBE STEEL (KOBELCO)
FIGURE 41 KOBE STEEL: COMPANY SNAPSHOT
12.10 OTHER PLAYERS
12.10.1 PRECISION CASTPARTS CORP.
12.10.2 ROLLED ALLOYS
12.10.3 LAIWU JINCAI WELDING MATERIALS CO. LTD
12.10.4 ADVANCED TECHNOLOGIES AND MATERIALS CO. LTD.
12.10.5 HYUNDAI WELDING CO. LTD.
12.10.6 ZULFI WELDING ELECTRODES FACTORY CO. LTD.
12.11 WELDING MACHINE MANUFACTURERS
12.11.1 DENYO CO. LTD
12.11.2 ACRO AUTOMATION SYSTEMS INC. (US)
12.11.3 PANASONIC CORPORATION
12.11.4 ESAB
12.11.5 VOESTALPINE BOHLER WELDING GMBH
12.11.6 CARL CLOOS SCHWEISSTECHNIK GMBH
12.11.7 DAIHEN CORPORATION
12.11.8 BANNER WELDING INC
12.11.9 SONICS & MATERIALS, INC.
12.11.10 AMADA WELD TECH
12.11.11 FRONIUS INTERNATIONAL GMBH
*Details on Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, Current Focus and Strategies, Winning Imperatives, and Right to Win might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
