QYR Market Research Global Cored Wire Market Research | Page 4

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The leading companies own the advantages on better performance, more
abundant product’s types, better technical and impeccable after-sales service.
Consequently, they take the majority of the market share of high-end market.
Looking to the future years, the slow downward price trend in recent years
will maintain. As competition intensifies, prices gap between different brands
will go narrowing. Similarly, there will be fluctuation in gross margin.
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With the rapid development of wire feeding technology in various fields, the
demand for a variety of alloy cored wire increasing manufacturing forming
speed, high degree of automation, automatic dosing machine is the next cored
wire production technology Direction of development. In addition, the
development of new, efficient and environmentally friendly powder cored wire
line technology is also an important part of growing feed.