Aluminum-Magnesium Alloy Welding Wire Market, Global Outlook and Forecast 2023-2029

The global Aluminum-Magnesium Alloy Welding Wire market was valued at US$ 252.1 million in 2022 and is projected to reach US$ 332.2 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

 

A welding wire is a slim metallic rod that is ignited to generate a heated arc for the purpose of fusing metal pieces together (welding) by rendering the wire soft via hammering or compressing under an applied heat source.

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This report aims to provide a comprehensive presentation of the global market for Aluminum-Magnesium Alloy Welding Wire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum-Magnesium Alloy Welding Wire. This report contains market size and forecasts of Aluminum-Magnesium Alloy Welding Wire in global, including the following market information:

 

  • Global Aluminum-Magnesium Alloy Welding Wire Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Aluminum-Magnesium Alloy Welding Wire Market Sales, 2018-2023, 2024-2029, (Kiloton)
  • Global top five Aluminum-Magnesium Alloy Welding Wire companies in 2022 (%)

 

Global aluminum welding wires main manufactuers include ESAB (Colfax Corporation), Lincoln Electric, ITW, etc., totally accounting for about 35% of the market. China is the largest market, with a share over 10%. As for the types of products, it can be divided into pure aluminum welding wire, aluminum-magnesium alloy welding wire and Al-Si alloy welding wire. The most common product is pure aluminum welding wire, with a share over 48%. In terms of applications, it is widely used in transportation industry, shipbuilding industry, appliance industry and others. The most common application is transportation industry, with a share about 50%.

We surveyed the Aluminum-Magnesium Alloy Welding Wire manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Aluminum-Magnesium Alloy Welding Wire Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)

Global Aluminum-Magnesium Alloy Welding Wire Market Segment Percentages, by Type, 2022 (%)

 

  • 0.4mm Diameter
  • 0.5mm Diameter
  • Other

Global Aluminum-Magnesium Alloy Welding Wire Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)

Global Aluminum-Magnesium Alloy Welding Wire Market Segment Percentages, by Application, 2022 (%)

 

  • Automobile Industry
  • Shipbuilding Industry
  • Appliance Industry
  • Others

Global Aluminum-Magnesium Alloy Welding Wire Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)

Global Aluminum-Magnesium Alloy Welding Wire Market Segment Percentages, By Region and Country, 2022 (%)

 

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

 

  • Key companies Aluminum-Magnesium Alloy Welding Wire revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Aluminum-Magnesium Alloy Welding Wire revenues share in global market, 2022 (%)
  • Key companies Aluminum-Magnesium Alloy Welding Wire sales in global market, 2018-2023 (Estimated), (Kiloton)
  • Key companies Aluminum-Magnesium Alloy Welding Wire sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

 

  • ESAB (Colfax Corporation)
  • Lincoln Electric
  • ITW
  • Sumitomo Electric Industries
  • GARG INOX
  • Novametal Group
  • WA Group
  • ANAND ARC
  • KaynakTekni?iSanayi ve TicaretA.?
  • Tianjin Bridge
  • Weld Atlantic
  • Changzhou Huatong Welding
  • Jinglei Welding
  • Shandong Juli Welding
  • Huaya Aluminium

Outline of Major Chapters:

 

Chapter 1: Introduces the definition of Aluminum-Magnesium Alloy Welding Wire, market overview.

Chapter 2: Global Aluminum-Magnesium Alloy Welding Wire market size in revenue and volume.

Chapter 3: Detailed analysis of Aluminum-Magnesium Alloy Welding Wire manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Aluminum-Magnesium Alloy Welding Wire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Aluminum-Magnesium Alloy Welding Wire capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 Aluminum-Magnesium Alloy Welding Wire Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Aluminum-Magnesium Alloy Welding Wire Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Aluminum-Magnesium Alloy Welding Wire Overall Market Size
2.1 Global Aluminum-Magnesium Alloy Welding Wire Market Size: 2022 VS 2029
2.2 Global Aluminum-Magnesium Alloy Welding Wire Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Aluminum-Magnesium Alloy Welding Wire Sales: 2018-2029
3 Company Landscape
3.1 Top Aluminum-Magnesium Alloy Welding Wire Players in Global Market
3.2 Top Global Aluminum-Magnesium Alloy Welding Wire Companies Ranked by Revenue
3.3 Global Aluminum-Magnesium Alloy Welding Wire Revenue by Companies
3.4 Global Aluminum-Magnesium Alloy Welding Wire Sales by Companies
3.5 Global Aluminum-Magnesium Alloy Welding Wire Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Aluminum-Magnesium Alloy Welding Wire Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Aluminum-Magnesium Alloy Welding Wire Product Type
3.8 Tier 1, Tier 2 and Tier 3 Aluminum-Magnesium Alloy Welding Wire Pl

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