Published on : Jan 15, 2020
A recent market research report has been added in the vast repository of ResearchMoz gives information about the global aluminum welding wires market and its overall working dynamics. This report on the aluminum welding wires market provides comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies.
Wire welding is a procedure of shaping or fabricating a metal wire by cutting, bending, or assembling operations. Thus, aluminum wire welding is a method of connecting two or more aluminum wires with the help of fabrication or several other techniques. Moreover, these wires are connected with the help of fusion welding method that involves melting multiple wires that have similar composition. The process of solid state welding does not consist of melting metals in comparison with fusion welding. Combination of metals that are in solid state usually occurs below the melting point of these metals used for joining to form a wire. This aids the base metals to keep hold of the inbuilt properties. It also helps to prevent these metals from melting. Similarly, there are different techniques of welding such as friction welding, cold welding, explosion welding, and diffusion welding that are used for welding wires.
Increasing Demand from Automotive Sector to Push Development of Global Market
The global aluminum welding wire market is primarily driven by the increasing demand from the automotive sector. The use of aluminum by the US automotive manufacturers has been on the rise in recent years. The automotive manufacturers are projected to scale up their use of aluminum welding wires because of the increasingly strict mandates laid out by different countries.
Another important factor that is helping to drive the growth of the global aluminum welding wire market has been the obvious advantages offered by these wires. Aluminum welding wires have outstanding resistance to corrosion and are highly versatile in casting and extrusion. They are also very light wright but possess superior strength. Such properties make them ideal for the end-use applications such as automotive manufacturing. Naturally, the demand for these wires is increasing per year and thus helping to develop the growth of the global aluminum welding wire market. In addition to this, there have been growing investments in the field of electric power. These wires are a key component in electrical power grids and the growth of the sector directly corresponds to the development of the global aluminum welding wire market.
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Furthermore, the used of high-end technologies to cut down the emissions, optimize the fuel efficiency, and enhance the driving dynamics of the vehicles are also some of the other factors that are helping to propel the growth of the global market.
Easy Damage to Wires is Cause of Some Concern
There are however, some factors that are slowing down the growth of the global aluminum market. One of the biggest restraining factor has been the ability of these wires to get damaged easily. Because of welding there are chances of porosities. However, the leading companies in the market are working towards developing new techniques that will help to solve these issues.
Some of the leading players in the global aluminum welding wire market include names such as Elisental, Safra, Huaya Aluminium, Shandong Juli Welding, Jinglei Welding, Changzhou Huatong Welding, Weld Atlantic, Tianjin Bridge, KaynakTekniiSanayi ve TicaretA., ANAND ARC, WA Group, Novametal Group, GARG INOX, Sumitomo Electric Industries, ITW, Lincoln Electric, and ESAB (Colfax Corporation) among others.