Market Overview:
The global flux cored welding wire for exhaust pipe market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and rising adoption of flux cored welding wire for exhaust pipe in these applications. In terms of type, the metal inert gas (MIG) segment is expected to lead the global flux cored welding wire for exhaust pipe market during the forecast period. This can be attributed to its high deposition rate and low spatter levels as compared with other types of welding wires. In terms of application, the passenger cars segment is expected to lead the global flux cored welding wire for exhaust pipe market during the forecast period.
Product Definition:
The flux cored welding wire for exhaust pipe is a special type of welding wire that is used specifically for welding exhaust pipes. This type of welding wire helps to produce a strong, durable weld that can withstand the high temperatures and harsh conditions typically found in exhaust systems.
Metal Inert Gas (MIG):
Metal Inert Gas (MIG) is a type of welding process that uses a metal wire as the electrode and it's placed in an inert gas such as argon, helium or carbon dioxide. The metal inert gas welds at one end but leaves the other end open to allow for heat removal. This allows MIG to be used on metals that are difficult to weld such as aluminum and stainless steel.
Metal Active Gas (MAG):
Metal Active Gas (MAG) is a metal-rich, high-temperature fluid used in the welding process. It is usually introduced into the weld pool through a gas mask and it provides an additional heat input to the weld pool for more effective melting of metals. The metal active gas can be replaced with Air or Oxygen depending upon requirements.
The global flux cored welding wire for exhaust pipe market size was valued at USD 637 million in 2015.
Application Insights:
The global flux cored welding wire for exhaust pipe market, by application, is segmented into passenger cars and commercial vehicles. The commercial vehicle segment held the largest share of over 70.0% in 2017 owing to the growing demand for trucks and buses from various industries such as automotive, construction and energy among others.
Passenger car manufacturers are also increasingly using these products due to their high performance capabilities which enable them to meet stringent industry standards including EURO 6 norms set by European Commission regarding emission reduction in vehicles across Europe.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high demand from the automotive industry. The region is expected to witness a moderate growth rate over the forecast period, which can be attributed to increasing vehicle production and stringent government regulations pertaining to carbon emission in North America.
Asia Pacific is projected to register significant growth during the forecast period due to rapid industrialization and urbanization coupled with rising disposable income of consumers, especially in developing countries such as China and India. Moreover, low labor cost along with easy access for raw materials will attract many manufacturers from developed economies including Japan and Western Europe who are likely replace their aging fleet of vehicles with new ones thereby driving product demand during the forecast period.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the flux cored welding wire for exhaust pipe market.
- Growing popularity of lightweight vehicles is also anticipated to boost the demand for flux cored welding wire for exhaust pipe over the forecast period.
- Technological advancements in automotive manufacturing are projected to create new opportunities for flux cored welding wire manufacturers in the coming years.
- Rising environmental concerns are likely to propel OEMs towards adoption of lighter and fuel-efficient vehicles, which will subsequently increase demand for flux cored welding wires used in exhaust systems fabrication process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flux Cored Welding Wire For Exhaust Pipe Market Research Report
By Type
Metal Inert Gas (MIG), Metal Active Gas (MAG), Other
By Application
Passenger Cars, Commercial Vehicle
By Companies
ESAB, Lincoln Electric, Voestalpine, Kobelco, Bobao Group, Hyunda, ITW-Welding, Tianjin Golden Bridge, Jinglei Welding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Flux Cored Welding Wire For Exhaust Pipe Market Report Segments:
The global Flux Cored Welding Wire For Exhaust Pipe market is segmented on the basis of:
Types
Metal Inert Gas (MIG), Metal Active Gas (MAG), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ESAB
- Lincoln Electric
- Voestalpine
- Kobelco
- Bobao Group
- Hyunda
- ITW-Welding
- Tianjin Golden Bridge
- Jinglei Welding
Highlights of The Flux Cored Welding Wire For Exhaust Pipe Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Inert Gas (MIG)
- Metal Active Gas (MAG)
- Other
- By Application:
- Passenger Cars
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flux Cored Welding Wire For Exhaust Pipe Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flux cored welding wire is a type of welding wire that has been coated with flux. Flux cored welding wire is used to weld metals that contain flux.
Some of the key players operating in the flux cored welding wire for exhaust pipe market are ESAB, Lincoln Electric, Voestalpine, Kobelco, Bobao Group, Hyunda, ITW-Welding, Tianjin Golden Bridge, Jinglei Welding.
The flux cored welding wire for exhaust pipe market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flux Cored Welding Wire For Exhaust Pipe Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flux Cored Welding Wire For Exhaust Pipe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flux Cored Welding Wire For Exhaust Pipe Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flux Cored Welding Wire For Exhaust Pipe Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flux Cored Welding Wire For Exhaust Pipe Market Size & Forecast, 2020-2028
4.5.1 Flux Cored Welding Wire For Exhaust Pipe Market Size and Y-o-Y Growth
4.5.2 Flux Cored Welding Wire For Exhaust Pipe Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal Inert Gas (MIG)
5.2.2 Metal Active Gas (MAG)
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flux Cored Welding Wire For Exhaust Pipe Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flux Cored Welding Wire For Exhaust Pipe Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal Inert Gas (MIG)
9.6.2 Metal Active Gas (MAG)
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal Inert Gas (MIG)
10.6.2 Metal Active Gas (MAG)
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal Inert Gas (MIG)
11.6.2 Metal Active Gas (MAG)
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal Inert Gas (MIG)
12.6.2 Metal Active Gas (MAG)
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal Inert Gas (MIG)
13.6.2 Metal Active Gas (MAG)
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flux Cored Welding Wire For Exhaust Pipe Market: Competitive Dashboard
14.2 Global Flux Cored Welding Wire For Exhaust Pipe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ESAB
14.3.2 Lincoln Electric
14.3.3 Voestalpine
14.3.4 Kobelco
14.3.5 Bobao Group
14.3.6 Hyunda
14.3.7 ITW-Welding
14.3.8 Tianjin Golden Bridge
14.3.9 Jinglei Welding
