The aluminum welding wires market size is anticipated to grow by 55.07 thousand MT from 2019 to 2024. In addition, the growth momentum of the market will accelerate at a CAGR of 5.83% during the forecast period.
Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Company Profiles
The aluminum welding wires market is concentrated, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The aluminum welding wires market report provides complete insights on key vendors, including Air Liquide SA, Colfax Corp., CTP Srl, DRAHTWERK ELISENTAL W. Erdmann GmbH & Co., Hilarius Haarlem Holland BV, Novametal SA, Safra Spa, SURAL, The Lincoln Electric Co., and voestalpine AG.
This report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now
Competitive Analysis
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By end-user, the market is classified into automotive and transportation, construction, and others. The automotive and transportation segment will contribute the largest share of the market growth. To meet the rising demand for vehicles, vehicle manufacturers are focusing on scaling their operations. For instance, in October 2018, Suzuki Motors announced its plans to build a second manufacturing plant in Gujarat, India, by 2021. The facility would include three assembly lines with a manufacturing capacity of 250,000 vehicles per year. Thus, the rising demand for vehicles and the subsequent efforts of manufacturers toward enhancing their businesses will fuel the demand for aluminum welding wires products.
- By geography, the market is classified into APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
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Aluminum Welding Wires Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.83% |
Market growth 2020-2024 |
55.07 thousand MT |
Market structure |
Concentrated |
YoY growth (%) |
5.37 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 50% |
Key consumer countries |
China, US, Japan, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Air Liquide SA, Colfax Corp., CTP Srl, DRAHTWERK ELISENTAL W. Erdmann GmbH & Co., Hilarius Haarlem Holland BV, Novametal SA, Safra Spa, SURAL, The Lincoln Electric Co., and voestalpine AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Diversified metals and mining market
2.2.1 Inputs
2.2.2 Operations
2.2.2.1 Prospecting and land leasing
2.2.2.2 Geophysical surveying and mapping
2.2.3 Mine development and extraction
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 End-user industries
2.2.7 Support activities
2.2.8 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 (thousand MT)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 08: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 09: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 10: Threat of new entrants
4.5 Threat of substitutes
Exhibit 11: Threat of substitutes
4.6 Threat of rivalry
Exhibit 12: Threat of rivalry
4.7 Market condition
Exhibit 13: Market condition - Five forces 2020
5. Market Segmentation by End-user
5.1 Market segments
Exhibit 14: End user - Market share 2020-2025 (%)
5.2 Comparison by End user
Exhibit 15: Comparison by End user
5.3 Automotive and transportation - Market size and forecast 2020-2025
Exhibit 16: Automotive and transportation - Market size and forecast 2020-2025 (thousand MT)
Exhibit 17: Automotive and transportation - Year-over-year growth 2020-2025 (%)
5.4 Construction - Market size and forecast 2020-2025
Exhibit 18: Construction - Market size and forecast 2020-2025 (thousand MT)
Exhibit 19: Construction - Year-over-year growth 2020-2025 (%)
5.5 Others - Market size and forecast 2020-2025
Exhibit 20: Others - Market size and forecast 2020-2025 (thousand MT)
Exhibit 21: Others - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by End user
Exhibit 22: Market opportunity by End user
6. Customer landscape
6.1 Overview
Exhibit 23: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 24: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 25: Geographic comparison
7.3 APAC - Market size and forecast 2020-2025
Exhibit 26: APAC - Market size and forecast 2020-2025 (thousand MT)
Exhibit 27: APAC - Year-over-year growth 2020-2025 (%)
7.4 Europe - Market size and forecast 2020-2025
Exhibit 28: Europe - Market size and forecast 2020-2025 (thousand MT)
Exhibit 29: Europe - Year-over-year growth 2020-2025 (%)
7.5 North America - Market size and forecast 2020-2025
Exhibit 30: North America - Market size and forecast 2020-2025 (thousand MT)
Exhibit 31: North America - Year-over-year growth 2020-2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 32: South America - Market size and forecast 2020-2025 (thousand MT)
Exhibit 33: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 34: MEA - Market size and forecast 2020-2025 (thousand MT)
Exhibit 35: MEA - Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 36: Key leading countries
7.9 Market opportunity by geography
Exhibit 37: Market opportunity by geography (thousand MT)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing demand for lightweight vehicles
8.1.2 Increase in demand for welding wires for repair and maintenance
8.1.3 Rising demand for power infrastructure
8.2 Market challenges
8.2.1 Fluctuating LME prices influence premium and production plans
8.2.2 MIG weld defects
8.2.3 GMAW processing issues
8.2.4 Modern production technologies minimizing welding requirements
Exhibit 38: Metal properties and their applications
8.3 Market trends
8.3.1 Innovations in welding technologies
8.3.2 Increase in use of alloy 4943 as a filler
8.3.3 Use of welding robots and automation of welding processes
8.3.4 Strategic tie-ups and acquisitions
9. Vendor Landscape
9.1 Vendor landscape
Exhibit 39: Vendor landscape
9.2 Landscape disruption
Exhibit 40: Landscape disruption
Exhibit 41: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 42: Vendors covered
10.2 Market positioning of vendors
Exhibit 43: Matrix on vendor position and classification
10.3 L Air Liquide SA
Exhibit 44: L Air Liquide SA - Overview
Exhibit 45: L Air Liquide SA - Business segments
Exhibit 46: L Air Liquide SA – Key news
Exhibit 47: L Air Liquide SA - Key offerings
Exhibit 48: L Air Liquide SA - Segment focus
10.4 Colfax Corp.
Exhibit 49: Colfax Corp. - Overview
Exhibit 50: Colfax Corp. - Business segments
Exhibit 51: Colfax Corp. - Key offerings
Exhibit 52: Colfax Corp. - Segment focus
10.5 CTP Srl
Exhibit 53: CTP Srl - Overview
Exhibit 54: CTP Srl - Product and service
Exhibit 55: CTP Srl - Key offerings
10.6 DRAHTWERK ELISENTAL W. Erdmann GmbH & Co.
Exhibit 56: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Overview
Exhibit 57: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Product and service
Exhibit 58: DRAHTWERK ELISENTAL W. Erdmann GmbH & Co. - Key offerings
10.7 Hilarius Haarlem Holland BV
Exhibit 59: Hilarius Haarlem Holland BV - Overview
Exhibit 60: Hilarius Haarlem Holland BV - Product and service
Exhibit 61: Hilarius Haarlem Holland BV - Key offerings
10.8 Novametal SA
Exhibit 62: Novametal SA - Overview
Exhibit 63: Novametal SA - Product and service
Exhibit 64: Novametal SA - Key offerings
10.9 Safra Spa
Exhibit 65: Safra Spa - Overview
Exhibit 66: Safra Spa - Product and service
Exhibit 67: Safra Spa - Key offerings
Exhibit 68: Safra Spa - Segment focus
10.10 SURAL CA
Exhibit 69: SURAL CA - Overview
Exhibit 70: SURAL CA - Product and service
Exhibit 71: SURAL CA - Key offerings
10.11 The Lincoln Electric Co.
Exhibit 72: The Lincoln Electric Co. - Overview
Exhibit 73: The Lincoln Electric Co. - Business segments
Exhibit 74: The Lincoln Electric Co. - Key offerings
Exhibit 75: The Lincoln Electric Co. - Segment focus
10.12 voestalpine AG
Exhibit 76: voestalpine AG - Overview
Exhibit 77: voestalpine AG - Business segments
Exhibit 78: voestalpine AG - Key offerings
Exhibit 79: voestalpine AG - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 80: Currency conversion rates for US$
11.3 Research methodology
Exhibit 81: Research Methodology
Exhibit 82: Validation techniques employed for market sizing
Exhibit 83: Information sources
11.4 List of abbreviations
Exhibit 84: List of abbreviations
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