Market Research Report
Aluminum Welding Wires
|Published by||Global Industry Analysts, Inc.||Product code||912944|
|Published||Content info||180 Pages
Delivery time: 1-2 business days
|Aluminum Welding Wires|
|Published: July 1, 2020||Content info: 180 Pages||
Global Aluminum Welding Wires Market to Reach 228.9 Thousand Metric Tons by 2027
Amid the COVID-19 crisis, the global market for Aluminum Welding Wires estimated at 164.2 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 228.9 Thousand Metric Tons by 2027, growing at aCAGR of 4.9% over the period 2020-2027. Automotive & Transportation, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach 163.5 Thousand Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Construction segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at 44.5 Thousand Metric Tons, While China is Forecast to Grow at 7.5% CAGR
The Aluminum Welding Wires market in the U.S. is estimated at 44.5 Thousand Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 46.9 Thousand Metric Tons by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.We bring years of research experience to this 5th edition of our report. The 180-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,