COVID-19 Impacts: Aluminum Welding Wires Market will Accelerate at a CAGR of over 6% through 2020-2024 | Increasing Demand For Lightweight Vehicles to Boost Growth | Technavio
Technavio has been monitoring the aluminum welding wires market and it is poised to grow by 55.07 K MT during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. 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 are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing demand for lightweight vehicles has been instrumental in driving the growth of the market. However, fluctuating LME prices might hamper the market growth.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our aluminum welding wires market report covers the following areas:
Aluminum Welding Wires Market size
Aluminum Welding Wires Market trends
Aluminum Welding Wires Market industry analysis
This study identifies an increase in demand for welding wires for repair and maintenance as one of the prime reasons driving the aluminum welding wires market growth during the next few years.
We provide a detailed analysis of around 25 vendors operating in the aluminum welding wires market, including some of the vendors such as 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. Backed with competitive intelligence and benchmarking, our research reports on the Aluminum Welding Wires Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Register for a free trial today and gain instant access to 17,000+ market research reports.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist aluminum welding wires market growth during the next five years
Estimation of the aluminum welding wires market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the aluminum welding wires market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of aluminum welding wires market vendors
Table Of Contents :
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End-user
Market segments
Comparison by End user
Automotive and transportation - Market size and forecast 2019-2024
Construction - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
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.
voestalpine AG
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Can-Fite BioPharma Ltd. , a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced financial results and clinical updates for the twelve months ended...
Walgreens Boots Alliance, Inc. today announced financial results for the second quarter of fiscal 2024, which ended February 29, 2024.
Chief Executive Officer Tim Wentworth said:
"We're encouraged by our first quarter of U.S. Healthcare positive...
Gilead Sciences, Inc. and Xilio Therapeutics, Inc. today announced an exclusive license agreement to develop and commercialize Xilio's Phase 1 tumor-activated IL-12 program, XTX301.
Xilio Therapeutics is a clinical-stage biotechnology company...
Mannatech, Incorporated , a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its fourth quarter and year ended December 31, 2023.
Fourth Quarter Highlights
Fourth...
Mayfair Gold Corp. ("Mayfair" or the "Company") today announced the start the 2024 environmental field program in support of a potential environmental assessment for the 100% controlled Fenn-Gib project in the Timmins region of Ontario. The program...
OneSoft Solutions Inc. (the "Company" or "OneSoft") , a North American developer of cloud-based business solutions, announces that it will release its Fiscal 2023 financial results after market close on April 1, 2024.OneSoft's CEO...