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The Asia Pacific welding consumables market is currently witnessing moderate growth. Welding consumables refer to various flux and filler materials used for combining metals and thermoplastics in heavy industries. Stick electrodes, fluxes and solid, flux-cored and submerged arc welding (SAW) wires are some of the commonly used welding consumables. They are manufactured using steel, copper, rutile, ilmenite and aluminum. The flux prevents the formation of pores and acts as a deoxidizer, whereas the filler metals are melted and used for fixing the joints. As a result, welding consumables are widely used across the construction, energy, automobile and other large-scale industries.
Significant growth in the manufacturing industries, along with extensive infrastructural developments in the Asia Pacific region, is one of the key factors creating a positive outlook for the market. With rapid urbanization, governments of various countries in the region are emphasizing on the construction of sustainable residential and commercial complexes, which has led to the increasing demand for welding consumables. Additionally, automobile manufacturers are also using smooth weld shapes and flat toe angles in vehicles to achieve extended fatigue life on chassis components, thereby favoring the market growth. In line with this, welding consumables are used for joining materials of varying thicknesses and bridging gaps to reduce the vehicular weight and improve fuel efficiency. Other factors, including the development of semi-automatic and automatic welding production systems and their utilization in various small- and large-scale industrial sectors, are anticipated to drive the market further across the region. Looking forward, IMARC Group expects the market to witness strong growth during 2021-2026.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific welding consumables market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product, welding technique and end use industries.
Breakup by Product:
Breakup by Welding Technique:
Breakup by End Use Industries:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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