Aluminum Welding Market Industry Insights, Trends, and Forecasts to 2028
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.
Industry Analysis
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.
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-welding-market
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.
Full Access of reports @ https://www.databridgemarketresearch.com/reports/global-aluminum-welding-market
MAJOR TOC OF THE REPORT
➢
Chapter One: Introduction
➢
Chapter Two: Market Segmentation
➢
Chapter Three: Market Overview
➢
Chapter Four: Executive Summary
➢
Chapter Five: Premium Insights
➢
Chapter Six: Global Aluminum Welding Market by Product &
Procedure type
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