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doi:https://doi.org/10.5781/JWJ.2019.37.4.5    [Epub ahead of print]
Statistical Analysis of World Welding Consumables Market (II)
Seungjae Lee*, Cheolhee Kim*,**
*Research Institute of Advanced Manufacturing Technology, KITECH, Incheon, 21999, Korea
*,**Department of Mechanical & Materials Engineering, Portland State University, Portland, Oregon 97229, USA
Correspondence: Cheolhee Kim  Email: chkim@kitech.re.kr
Received May 14, 2019  Accepted July 8, 2019  Published online July 22, 2019
ABSTRACT
In this paper, global and regional market trends for welding consumables were summarized using market analysis reports from 2005 to 2017. In the analysis, welding consumables were classified as rods, solid wire, flux cored wire, and submerged arc welding consumables and others. The global welding material market is on an increasing trend, and the markets of other countries are growing faster than those of the five conventional major countries (China, EU, USA, Japan and Korea). Due to the growing automation of welding processes, the market for solid wire and flux core wire markets is increasing and the market for welding electrodes is stagnating or declining. Sales in each country and types of welding consumable were influenced by major application industries such as shipbuilding/heavy industry and automobile industry.
Keywords: Welding consumable | Market analysis | Welding rod | Solid wire | Flux cored wire | Submerged arc welding
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