Aluminum welding wires are manufactured using a continuous casting process. Prior to this, the alloy is refined to minimize hydrogen, alkali metals, and other inclusions. The wire is then drawn where internal soundness is ensured. The wire is tested to ensure surface quality, feedability, and welding performance. The value chain of the aluminum industry consists of both upstream and downstream companies. The operation of the upstream companies includes mining (extraction of bauxite) and refining (deriving alumina from bauxite). Bayer process is a commonly used process for extracting bauxite. Refined alumina is subjected to electrolysis to obtain liquid aluminum.
Technavio’s analysts forecast the global aluminum welding wires market to grow at a CAGR of 6.25% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global aluminum welding wires market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Aluminum Welding Wires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Air Liquide Welding • ESAB • Novametal • The Lincoln Electric Company • Voestalpine Böhler Welding
Market driver • Increase in demand for welding wires for repair and maintenance. • For a full, detailed list, view our report
Market challenge • Increase in demand for welding wires for repair and maintenance. • For a full, detailed list, view our report
Market trend • Inclusion of Ti and Sr in ER4043 aluminum alloy welding wire. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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