North America Welding Wire Market – Industry Trends and forecast period of 2022 to 2029.
North America Welding Wire Market is expected to grow significantly in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.9% in the forecast period of 2022 to 2029 and is expected to reach USD 1,357.93 million by 2029. The major factor driving the growth of the polyglycerol market is the inclination toward food additive consumption in the food beverage industry, the rising popularity of polyglycerols in the cosmetics industry and growing awareness regarding the properties of polyglycerols.
North America Welding Wire Market Definition
Welding wires, commonly referred to as welding consumables, are thin metallic rods that ignite when electricity is applied, creating a hot arc that is further used to fuse metal components. The welding wires melt while joining two metals to serve as a filler material, strengthen the junction and thereby protect the molten weld from various atmospheric containments. Since welding wires are a consumable product that is in high demand, therefore the welding wire market is anticipated to grow significantly over the forecasted years.
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- North America Welding Wire Market Segmentation
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Million, Volumes in Kilo Tons |
Segments Covered | By Type (Polyglycerol Polyricinoleate, Polyglycerol Esters, Polyglycerol Sebacate and Others), Product (PG 2, PG 3, PG 4, PG 6, PG 10 and Others), Application (Emulsifiers, Food Additives, Surfactants, Stabilizers, Non-Ionic Emulsifiers, Dispersants, Emollients, Wetting Agents, Thickeners And Others), End-Use (Food, Cosmetics, Pharmaceuticals, Others) |
North America Welding Wire Market- Regional Analysis Insights
Welding is extensively used in the automotive industry to manufacture various vehicle parts. They are also used in the transportation industry to join rails in railway or metro projects as the welds provide a seamless, robust and durable joint. This has increased the use of welding as a fabrication process, thus increasing the demand for welding wires. The rising number of refineries and supply systems in the oil and gas industry and water treatment and supply facilities are expected to drive the growth of the North America welding wire market. Easy usability and good strength of joint act as a benefit for the potential buyers
North America Welding Wire Market Industry, Country Level Analysis
The countries covered in the welding wire market report are U.S., Canada and Mexico. The U.S. dominates the North America region owing to developed industrial infrastructure, government initiatives and investments in welding technology training programs.
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Global Polyglycerol Market North America Welding Wire Market Share Analysis and Some major players
Taiyo Kagaku Co., Ltd., Estelle Chemicals Pvt. Ltd., NOVEL CHEM, SPELL ORGANICS LTD, Oleon NV., Spiga Nord S.p.A, Salamoto Yakuhin Kogyo Co., Ltd., DSM, Merck KGaA, Croda International Plc, International Flavors Fragrances Inc.
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Major TOC of the North America Welding Wire Market
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: North America Welding Wire Market
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