Lewes, DE -- (SBWIRE) -- 01/18/2019 -- Global Aluminium Welding Wire market will register a 6.4% CAGR in terms of revenue, reach US$ 430 million by 2023, from US$ 290 million in 2017.

This report studies the Aluminum Welding Wire market,
A welding wire is a slim metallic rod that is ignited to generate a heated arc for the purpose of fusing metal pieces together (welding) by rendering the wire soft via hammering or compressing under an applied heat source.
The global aluminum welding wire industry has a high concentration. The major manufacturers are concentrated in north America and Europe. Such as ESAB (colfax corporation) and Lincoln electric. At present, ESAB is the world leader, holding 23%% of market share in 2017.

The global consumption of aluminum welding wire increases from 41.6 K MT in 2013 to 45.5 K MT in 2017, at a CAGR of 2.25%. In 2017, the global aluminum welding wire consumption market is led by Asia pacific, and china is the largest country consumption market.

Aluminum welding wire downstream application is very wide. Aluminum welding wire has acquired increasing significance in fields of automotive. The aluminum welding wire market is mainly driven by growing demand for automotive and shipbuilding industry.

Over the next five years, study projects that Aluminium Welding Wire will register a 6.4% CAGR in terms of revenue, reach US$ 430 million by 2023, from US$ 290 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Welding Wire market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Pure Aluminum Welding Wire
Aluminum-Magnesium Alloy Welding Wire
Al-Si Alloy Welding Wire

Segmentation by application:
Automobile Industry
Shipbuilding Industry
Appliance Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ESAB (Colfax Corporation)
Lincoln Electric
ITW
Sumitomo Electric Industries
GARG INOX
Novametal Group
WA Group
ANAND ARC
KaynakTekni?iSanayi ve TicaretA.?
Tianjin Bridge
Weld Atlantic
Changzhou Huatong Welding
Jinglei Welding
Shandong Juli Welding
Huaya Aluminium

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Aluminium Welding Wire consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Aluminium Welding Wire market by identifying its various subsegments.
Focuses on the key global Aluminium Welding Wire manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminium Welding Wire with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminium Welding Wire submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 162 pages "Forecast of Global Aluminium Welding Wire Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Aluminium Welding Wire by Players, Aluminium Welding Wire by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Aluminium Welding Wire Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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