Global Aluminum Welding Market, By Wire Type (Pure Aluminum Welding Wire, Aluminum Magnesium Alloy Welding Wire, Al-Si Alloy Welding Wire), Technique (Arc Welding, Gas Metal-Arc (MIG) Welding, Gas Tungsten-Arc (TIG) Welding, Torch Welding, Laser Beam Welding, Electron Beam Welding, Resistance Welding), Application (Automobile Industry, Construction Industry, Shipbuilding Industry, Appliance Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aluminum Welding Market
Aluminum welding market size is valued at USD 5.61 billion by 2028 and is expected to grow at a rate of 5.80% for the forecast period of 2021 to 2028. Data Bridge Market Research report on aluminum welding market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The aluminum welding market is anticipated to witness tremendous growth in the forecast period which is attributed to the increasing demand for aluminum products in automotive and construction industries. Also the various properties of these products such as high strength, lightweight, resistant to corrosion and recyclability make them appropriate in various body parts of a car, resulting in a decrease of fuel consumption which is boosting scope for aluminum welding application and is acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factors accountable for the growth of The demand for lightweight vehicles is anticipated to rise due to growing concerns on environmental pollution caused by high fuel consumption, rapid urbanization and wide-ranging usage in automotive, transportation and construction industries. Beside this, the growing population is driving demand for construction projects for various residential and commercial building and has positively impacting aluminum welding market. The rapidly increasing urban population coupled with an increasing manufacturing sector is also helping the market to grow. Increasing demand for repair and maintenance drives aluminum welding market also the infrastructure industry require repair and maintenance on a regular basis to provide durability and sustainability to the structure thus raising the market growth.
Furthermore, the strict government regulations on the environmental pollution and favorable government schemes in the emerging economies to decrease greenhouse gas emissions released from the automotive and construction industries will further offer a variety of growth opportunities for the aluminum welding market.
One of the major obstructions to the growth of the aluminum welding market is the aluminum being a limited resource numerous companies are seeking out alternatives, whereas the high thermal conductivity, low melting point and porosity will accelerate the growth of the market over the forecast period of 2021 to 2028.
This aluminum welding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aluminum welding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aluminum Welding Market Scope and Market Size
Aluminum welding market is segmented on the basis of wire type, technique and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of wire type, the aluminum welding market is segmented into pure aluminum welding wire, aluminum magnesium alloy welding wire and al-si alloy welding wire.
- The technique segment for aluminum welding market is segmented into arc welding, gas metal-arc (MIG) welding, gas tungsten-arc (TIG) welding, torch welding, laser beam welding, electron beam welding and resistance welding.
- On the basis of application, the aluminum welding market is segmented into automobile industry, construction industry, shipbuilding industry, appliance industry and others.
Aluminum Welding Market Country Level Analysis
Aluminum welding market is analyzed and market size, volume information is provided by country, wire type, technique and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the aluminum welding market owing to the rising use of aluminum products in end-use industries such as automotive and construction, particularly in India and China within this particular region. North America is expected to expand at a significant growth because of the infrastructure developments in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminum Welding Market Share Analysis
Aluminum welding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aluminum welding market.
The major players covered in the aluminum welding market report are The Lincoln Electric Company, ESAB, Hilarius Haarlem Holland B.V., EWM AG, Hermann Fliess and Co. GmbH, Drahtwerk ELISENTAL W. Erdmann GmbH & Co., Safra Spa, Mech Static Hydraulics, Atlantic China Welding Consumables, China, Anand Arc Ltd., CTP - Gruppo Petitto, Tianjin Bridge Welding Materials Group Co., Ltd., Aerospace Engineering Equipment (Suzhou) Co., Ltd., Welding Alloys Group, Air Liquide, Jinglei Welding, Sural, C.A., Sumitomo Electric Industries, Ltd., NOVAMETAL SA, TWI Ltd., and Bohler among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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