Market Overview:
The global welding plate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding plate market can be attributed to the increasing demand for welded plate heat exchangers (WPHE) and other welded plates from various end-use industries, such as chemical, food & beverages, and others. In terms of type, WPHE is expected to account for a major share of the global welding plate market during the forecast period. This can be attributed to its growing demand from various end-use industries on account of its high efficiency and durability.
Product Definition:
Welding Plate is a flat, horizontal metal plate that is used as a base for welding. It provides a stable surface for the weld and helps to distribute the heat evenly.
Welded Plate Heat Exchanger:
Welded plate heat exchanger is a device used to transfer heat between two plates of different materials. It is mainly used in the metal processing industry for various applications such as arc welding, gas metal-arc (MMA) welding, and resistance welding. The product finds its major application in the oil & gas industry where it is used for temperature maintenance during exploration and production operations.
Others:
Others is the part of weld plate that remains after welding has taken place. It is also known as clean metal. Others can be used in various applications such as house hold items, farm equipment, cars and so on. The demand for others is increasing day by day due to its usage in different welding applications which include automotive industry and construction industry among others.
The global increase in automobile production along with rising demand for consumer goods including electronics are driving the market growth globally.
Application Insights:
The chemical segment dominated the global welding plate market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to rising demand for various types of plates from various industries such as oil & gas, petrochemicals, power generation, etc. In addition, technological advancements and new product launches are further expected to propel industry growth over the coming years.
Food & beverage was one of the prominent applications that accounted for a share of 15% in 2017 owing to increasing consumption of alcoholic and non-alcoholic beverages across different regions coupled with high demand for customized products based on customer requirements. Other applications include industrial manufacturing and construction among others which are anticipated to witness steady growth over next seven years owing to rising consumer spending on home appliances along with growing investments by governments in infrastructure development projects across countries such as China India Japan U.S.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of chemical and petrochemical industries in countries such as China, India, South Korea, Thailand and Indonesia. In addition to this factor is also responsible for high demand for heat exchangers from various end-use industries such as power generation and others.
North America Welding Plate Market by Type (Welded Plate Heat Exchanger, Others), By Application (Chemical) And Region (U.S.
Growth Factors:
- Increasing demand for welding plate from the automotive and transportation sector
- Growing demand for welding plate from the construction sector
- Rising popularity of laser-welding technology
- Increasing use of welding plate in shipbuilding and other marine applications
- Growing demand for high-quality welded products
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Plate Market Research Report
By Type
Welded Plate Heat Exchanger, Others
By Application
Chemical, Food & Beverages, Others
By Companies
Alfa Laval AB, API Heat Transfer, Danfoss, Kelvion Holding GmbH, Nexson Group, Barriquand Group, SPX Flow, Hisaka Works Limited, Tranter Inc., WCR, Inc.
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Welding Plate Market Report Segments:
The global Welding Plate market is segmented on the basis of:
Types
Welded Plate Heat Exchanger, Others
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
Chemical, Food & Beverages, Others
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:
- Alfa Laval AB
- API Heat Transfer
- Danfoss
- Kelvion Holding GmbH
- Nexson Group
- Barriquand Group
- SPX Flow
- Hisaka Works Limited
- Tranter Inc.
- WCR, Inc.
Highlights of The Welding Plate 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:
- Welded Plate Heat Exchanger
- Others
- By Application:
- Chemical
- Food & Beverages
- Others
- 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 Welding Plate 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Welding Plate is a type of metal that is used to weld two pieces of metal together. Welding Plate has a smooth surface that makes it easy to weld.
Some of the major players in the welding plate market are Alfa Laval AB, API Heat Transfer, Danfoss, Kelvion Holding GmbH, Nexson Group, Barriquand Group, SPX Flow, Hisaka Works Limited, Tranter Inc., WCR, Inc..
The welding plate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Plate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Welding Plate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Plate Market - Supply Chain
4.5. Global Welding Plate Market Forecast
4.5.1. Welding Plate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Plate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Plate Market Absolute $ Opportunity
5. Global Welding Plate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Welding Plate Market Size and Volume Forecast by Type
5.3.1. Welded Plate Heat Exchanger
5.3.2. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Plate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Welding Plate Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Food & Beverages
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Plate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Welding Plate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Welding Plate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Welding Plate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Welding Plate Demand Share Forecast, 2019-2026
9. North America Welding Plate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Welding Plate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Welding Plate Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Food & Beverages
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Plate Market Size and Volume Forecast by Type
9.7.1. Welded Plate Heat Exchanger
9.7.2. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Welding Plate Demand Share Forecast, 2019-2026
10. Latin America Welding Plate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Welding Plate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Welding Plate Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Food & Beverages
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Plate Market Size and Volume Forecast by Type
10.7.1. Welded Plate Heat Exchanger
10.7.2. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Welding Plate Demand Share Forecast, 2019-2026
11. Europe Welding Plate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Welding Plate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Welding Plate Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Food & Beverages
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Plate Market Size and Volume Forecast by Type
11.7.1. Welded Plate Heat Exchanger
11.7.2. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Welding Plate Demand Share, 2019-2026
12. Asia Pacific Welding Plate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Welding Plate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Welding Plate Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Food & Beverages
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Plate Market Size and Volume Forecast by Type
12.7.1. Welded Plate Heat Exchanger
12.7.2. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Welding Plate Demand Share, 2019-2026
13. Middle East & Africa Welding Plate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Welding Plate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Welding Plate Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Food & Beverages
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Plate Market Size and Volume Forecast by Type
13.7.1. Welded Plate Heat Exchanger
13.7.2. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Welding Plate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Plate Market: Market Share Analysis
14.2. Welding Plate Distributors and Customers
14.3. Welding Plate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alfa Laval AB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. API Heat Transfer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danfoss
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kelvion Holding GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nexson Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Barriquand Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SPX Flow
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hisaka Works Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tranter Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WCR, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook