DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Welding Materials Market - Global Forecast to 2021" report to their offering.
The welding materials market is projected to reach USD 15.80 billion by 2021, at a CAGR of 5.2% from 2016 to 2021. Increasing consumption of welding materials in the automotive and building & construction industries is one of the most significant factors driving the growth of the welding materials market.
Arc welding is the most prominent welding process, owing to its exceptional performance. Arc welding offers several advantages such as high heat concentration, uniformity in metal deposition, good corrosion resistance, and high impact resistance. This process is mainly used in varied end-use industries such as automotive, heavy machineries, and building & construction.
The Asia-Pacific welding materials market is anticipated to grow at the highest CAGR between 2016 and 2021. Growth in this market is driven by the increasing demand for welding materials from China and India. China is the major consumer of welding materials in the Asia-Pacific region, with increase in demand for welding materials from the building & construction and automotive industries. Among all countries in this region, the welding materials market in India is expected to grow at the highest CAGR during the forecast period.
- ADOR Welding Limited
- Air Liquide S.A.
- Air Products and Chemicals, Inc.
- Colfax Corporation
- Illinois Tool Works Inc.
- Lincoln Electric Holdings, Inc.
- Praxair Incorporated
- The Linde Group
Tianjin Bridge Welding Materials Group Co. Ltd
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Welding Materials Market, By Type
8 Welding Materials Market, By Technology
9 Welding Materials Market, By End-Use Industry
10 Welding Materials Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/6hds63/welding_materials