Welding Consumables Market Global Growth Overview by 2021 Feb-2017
Global Welding Consumables Market 2017-2021
This report covers the present scenario and the growth prospects of the global Welding Consumables
Market for 2017-2021.
The analysts forecast global welding consumables market to grow at a CAGR of 5.51% during the period
2017-2021. Welding consumables broadly consist of filler metals and flux. These materials undergo
melting to join two metals strongly and help to protect the molten weld from any form of atmospheric
contaminants. Welding consumables are predominantly used in arc-welding and oxy-fuel welding
technologies.
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Global Welding Consumables Market 2017-2021 Research Report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
The global welding industry is expected to witness a massive shortfall of a skilled workforce. Technavio
predicts that in the next five years, the US welding industry will experience a shortage in the skilled labor
force by approximately 400,000. This will negatively impact the fabrication and manufacturing industry
significantly. Such a situation has encouraged the development of new technologies to address the
dearth of skilled welding equipment operators and cater to the demand of customers.
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Key vendors
Colfax
Hyundai Welding
ITW
Lincoln Electric
Other prominent vendors
Air Liquide
Arcon Welding Equipment
EWM
Eutectic
Denyo
Fronius International
Hyundai Welding
Hilarius Haarlem (HILCO)
Kemppi
Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe
Linde
Obara
Panasonic
Sandvik Materials Technology