Welding Wires Market Insights | Lincoln Electric, ESAB, Ador Welding Ltd., Gedik Kaynak, RME MIDDLE EAST FZCO
The global welding wires market size was valued at USD 9,678.4 Million in 2018 is expected to reach USD 14,636.7 Million by 2026, exhibiting a CAGR of 5.4%.
The increasing R&D investments for the development of advanced welding technologies is a key factor driving the global welding wires market, says Fortune Business Insights in a report, titled “Welding Wires Market Size, Share & Industry Analysis, By Type (Metal Inert Gas (MIG) Wire, Tungsten Inert Gas (TIG) Wire and Others), By Industry (Automotive, Building & Construction, Oil & Gas and Others) and Regional Forecast, 2019-2026.”
As per the report, the welding wires market on the basis of Industry is segmented into automotive, building & construction, oil & gas and others. The building & construction segment is expected to witness high growth by 85% to USD 8 trillion in the coming future owing to the product innovations and technological opportunities in building and construction sector. the welding wires market trends include the introduction of drones, 3D scanning, and printing, augmented reality, Building Information Modelling (BIM).
To Gain More Insights into the Welding Wires Market, Browse Summary of the Research Report – https://www.fortunebusinessinsights.com/industry-reports/welding-wires-market-101597
The Prominent Companies Operating in The Global Welding Wires Market Include:
• The Lincoln Electric Company
• KOBE STEEL, LTD
• Ador Welding Ltd.
• ZULFI WELDING ELECTRODES FACTORY CO. LTD
• Kiswel Ltd.
• Chosun Welding Co., Ltd.
• Gedik Welding
• Tianjin Golden Bridge Welding Materials Group International Trading Co., Ltd.
• Capilla Welding Materials GmbH
• FSH WELDING GROUP
• RME MIDDLE EAST FZCO
In addition, the building & construction industry is growing at a rapid pace with 6% of global GDP, and nearly 8% of GDP from developing countries such as India, leading to growth in shipbuilding, pipe construction and others. The report provides a comprehensive summary of various aspects of the welding wires market, namely, growth drivers, obstacles, prominent market players, and key industry developments. Moreover, it presents accurate market figures, size, and volume. Along with this, it provides extensive data attributed to the leading segments of the market.
Market Segmentation –
1. By Type
• Metal Inert Gas (MIG) Wire
• Tungsten Inert Gas (TIG) Wire
• Others (SAW Wires, etc.)
2. By Industry
• Building & Construction
• Oil & Gas
• Others (Aerospace & Defence)
3. By Geography
• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Italy, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
• Latin America (Brazil, Mexico, and Rest of Latin America)
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Table of Content –
5.Global Welding Wires Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Type (Value)
220.127.116.11.Metal Inert Gas (MIG) Wire
18.104.22.168.Tungsten Inert Gas (TIG) Wire
22.214.171.124.Others ( SAW Wire, etc.)
5.2.2.By Industry (Value)
126.96.36.199.Building & Construction
188.8.131.52.Oil & Gas
184.108.40.206.Others (Aerospace & Defence, etc.)
5.2.3.By Geography (Value)
220.127.116.11.Middle East and Africa
6.North America Welding Wires Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Size Estimates and Forecasts
6.2.1.By Type (Value)
18.104.22.168.Metal Inert Gas (MIG) Wire
22.214.171.124.Tungsten Inert Gas (TIG) Wire
126.96.36.199.Others ( SAW Wire, etc.)
6.2.2.By Industry (Value)
188.8.131.52.Building & Construction
184.108.40.206.Oil & Gas
220.127.116.11.Others (Aerospace & Defence, etc.)
6.2.3.By Country (Value)
7.Europe Welding Wires Market Analysis, Insights and Forecast, 2015-2026
7.1.Key Findings / Summary
7.2.Market Size Estimates and Forecasts
7.2.1.By Type (Value)
18.104.22.168.Metal Inert Gas (MIG) Wire
22.214.171.124.Tungsten Inert Gas (TIG) Wire
126.96.36.199.Others ( SAW Wire, etc.)
7.2.2.By Industry (Value)
188.8.131.52.Building & Construction
184.108.40.206.Oil & Gas
220.127.116.11.Others (Aerospace & Defence, etc.)
7.2.3.By Country (Value)
18.104.22.168.Rest of Europe
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Originally Published on : https://www.openpr.com/news/2125162/welding-wires-market-insights-lincoln-electric-esab-ador
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