Aluminum Welding Wires Market in Europe - Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the aluminum welding wires market in Europe to grow at a CAGR of 6.6 % during the period 2017-2021 .
According to the report , one of the major drivers for this market is increase in demand of welding wires for repair and maintenance . There is an increase in the demand for aluminum welding wires for repair and maintenance applications in various segments , especially the automotive and infrastructure segments . Various initiatives undertaken by the organizations are boosting the market for repair and maintenance . For instance , the EU-funded project Long Life Bridges helps public authorities in evaluating whether to maintain , repair , or rebuild a specific bridge by developing new models to calculate the true safety of bridges more accurately .
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Further , the report states that one of the major factors hindering the growth of this market is LME calculations and fixation methods . The LME is the world center for industrial metals . More than two-thirds of the global non-ferrous metal trading is conducted on three trading platforms of LME . One of the most important aspects of the 24-hour exchange is that it publishes a list of prices daily that are centered on the most liquid trading session of the day .
About aluminum welding wires
Aluminum welding wire is manufactured using a continuous casting process . Prior to this , the alloy is carefully refined to minimize hydrogen , alkali metals , and inclusions .
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Covered in this report
The report covers the present scenario and the growth prospects of the aluminum welding wires market in Europe for 2017-2021 . To calculate the market size , the report considers the end-users into automotive and transportation , construction , and others .
Aluminum Welding Wires Market in Europe 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . The report covers the market landscape and its growth