Research and Markets: Global Welding Consumables Market 2014-2018: Key Vendors are Lincoln Electric Holdings, ESAB Group Holdings & Illinois Tool Works

Research and Markets (http://www.researchandmarkets.com/research/m8qws9/global_welding) has announced the addition of the "Global Welding Consumables Market 2014-2018" report to their offering.

The Global Welding Consumables market to grow at a CAGR of 6.86 percent over the period 2013-2018.

Welding is the process of joining similar metals together. It is one of the methods of making high strength joints of two or more different parts. Filler metals melt with joining materials and are consumed during the welding process. Flux is used to produce gas shield around the weld pool and is used to prevent the oxidation of hot metal. Flux acts as a deoxidizer and prevents the formation of porosity in the weld pool. Filler metals and flux together are called as welding consumables. Welding electrodes, metal wires, flux-cored wires, shielding gases, and fluxes are some of the welding consumables. Flux does not form the final part of welding and is wasted during the process.

The use of welding robots and automation of welding processes is one of the major trends in the market. End-user industries are automating their welding processes, leading to an increase in demand for the consumables used during these processes.

According to the report, one of the major drivers of the Global Welding Consumables market is the steady improvement in the US economy, which has helped several paused projects resume.

Further, the report states that adoption of advanced technologies such Submerged Arc Welding and Gas Tungsten Arc Welding faces challenges such as the lack of a skilled workforce and the high cost of equipment and consumables. These are major challenges for the market.

This report considers the revenue generated from the sale of:

• Stick electrodes
• Solid wires
• Flux-cored wires
• Fluxes
  

The major end-users of the market are:

• Energy sector
• Automotive and Transportation sector
• Construction industry
• Heavy Machinery industry
• Shipbuilding industry

Key Vendors

• Lincoln Electric Holdings
• ESAB Group Holdings
• Illinois Tool Works

Other Prominent Vendors

• Air Liquide Welding
• Atlantic China
• Bohler
• Hyundai Welding
• Kiswel
• Tianjin Bridge Welding Materials
• Victor Technologies

For more information visit http://www.researchandmarkets.com/research/m8qws9/global_welding