Sarasota, FL, June 20, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Welding Products Market (SAW Wires and Fluxes, Solid Wires, Flux-cored Wires, Stick Electrodes,) Market for Building & Construction, Automobile & Transportation, Marine, Offshore and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022” . According to the report, global welding products market was valued at USD 20.67 billion in 2016 and is expected to reach USD 32.63 billion in 2022, growing at a CAGR of 7.5% between 2017 and 2022.
Welding is used to joining two or more metals or thermoplastics permanently with help of coalescence. Many energy sources are used for weldings such as molten metal baths, electric arcs, gas flames, electric resistance, friction, lasers, and ultrasound. There are solid states welding processes like friction welding or shielded active gas welding which is widely applied because in these processes metal does not melt. Welding products are used in various end-user industries like marine, building & contractions, automobile, offshore and others.
Browse through 24 Market Tables and 26 Figures spread through 110 Pages and in-depth TOC on “Global Welding Products Market: By Product, Application, Type, Size, Share, Analysis, Segment and Forecast 2016 – 2022”.
Request Free Sample copy of Global Welding Products Market Report @ https://www.zionmarketresearch.com/sample/wel...cts-market
The global rise in demand from rising end-use industries like infrastructure, automobile & transportation especially in emerging regions of Asia Pacific is likely to remain a key driving factor for welding product market growth. Increasing welding equipment and requirement of consumers due to rise in welded steel demand in building & construction industry may boost up the market in the upcoming period. Also, new transportation development projects in Asia Pacific are estimated to complement market growth. However, skilled labor shortage in manufacturing industries along with high labor cost is expected to hamper the global welding product market. Technological advancements and innovations in welding technology so as to develop techniques for major application area is expected to create better opportunities for the industry over the forecast period.
Welding product market on the basis of the product is segmented into; flux cored wires, SAW wires, and fluxes, stick electrode, solid wires and others. By technology, it is divided into processes like oxyfuel welding, laser beam welding, arc welding, resistance welding and others. In welding technologies, the arc welding technology accounted for over 48%of total shares of the market. By application, the market is segmented into marine, building & construction, automobile and transportation and others, amongst which automobile & transportation segment dominating and is likely to expand at a CAGR of 8% in upcoming period while the building & construction segment is expected to record the fastest CAGR of 6.9% in terms of value over the forecast period.
Browse the full " Welding Products Market (SAW Wires & Fluxes, Solid Wires, Flux-cored Wires, Stick Electrodes,) Market for Building & Construction, Automobile & Transportation, Marine, Offshore and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022 " report at https://www.zionmarketresearch.com/report/wel...cts-market
On the basis of region, the market is segmented into Asia-Pacific Region, Western Europe, Eastern Europe, North America, Japan and Middle East Africa. Asia Pacific is leading the global welding product market owing to the presence of large end-user industries.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/we...cts-market
Key vendors in welding product market are Fronius International GmbH, Sonics & Materials Inc., Arcon Welding, ROFIN-SINAR Technologies Inc, DAIHEN Corporation, Basiloid Products Corp., Miyachi America Corporation, Obara Corporation Vinyl Technology, Inc. and Blue Grass Manufacturing Co., Inc. among others.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/686
This report segments the welding products market as follows:
Welding Products Market: Product Analysis
- SAW wires & fluxes
- Solid wires
- Flux-cored wires
- Stick electrodes
Welding Products Market: Technology Analysis
- Oxy-fuel welding
- Arc welding
- Resistant Welding
- Laser beam welding
- Others (ultrasound welding, etc.)
Welding Products Market: Application Analysis
- Building & Construction
- Automobiles & Transportation
- Marine
- Offshore
- Others
Welding Products Market: Region Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
Related Reports:
- Infrastructure Market: https://www.zionmarketresearch.com/report/inf...ure-market
- Forging Market: https://www.zionmarketresearch.com/report/forging-market
- Air Compressor Market: https://www.zionmarketresearch.com/report/air...sor-market
- Steel Forging Market: https://www.zionmarketresearch.com/report/ste...ing-market
- Distributed Temperature Sensing (DTS) Market: https://www.zionmarketresearch.com/report/dis...ing-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Contact Us: Joel John 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651 Email: sales@zionmarketresearch.com Website: https://www.zionmarketresearch.com
