Cored wire electrodes, also simply called cored wire, are small tubes filled with metallic or mineral powders, used for steelmaking and casting applications. They are manufactured as wire with the proper diameters in molding or drawing lines. They have higher deposition efficiency than solid wire, which in turn speeds welding tasks. The core of metal-cored wire contributes almost entirely to the deposited weld metal.
This report is focused on metallurgical cored wire type. According to the different mental types of core layers, cored wire can be divided into pure calcium, silicon-calcium, pure aluminum, tombarthite and many other kinds. Each kind of alloy cored wire can be divided into different products as well, such as Ca28Si55 and Ca31Si65 and so on.
With the rapid development of wire feeding technology in various fields, the demand for a variety of alloy cored wire increasing manufacturing forming speed, high degree of automation, automatic dosing machine is the next cored wire production technology Direction of development. In addition, the development of new, efficient and environmentally friendly powder cored wire line technology is also an important part of growing feed.
The application fields for cored wire can be broadly segmented into Steelmaking and Iron Casting industries, with specific product types used. Ca-Si cored wire is the most commonly used type now, but nodularization cored wires and inoculation cored wires are seeing a rapid growth trend in the next decade, more and more manufacturers are turning into these fields.
Global Cored Wire market size will increase to 350 Million US$ by 2025, from 330 Million US$ in 2018, at a CAGR of 0.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cored Wire.
This report researches the worldwide Cored Wire market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Cored Wire breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Anyang Changxin Special Alloy
Wuxi Novel Special Metal
OFZ, a. s.
Cored Wire Breakdown Data by Type
Calcium Silicide Cored Wire (CaSi)
Calcium Solid Cored Wire (Ca)
Pure Carbon Cored Wire (C)
Ferro Calcium Cored Wire (CaFe)
Cored Wire Breakdown Data by Application
Cored Wire Production Breakdown Data by Region
Cored Wire Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Cored Wire capacity, production, value, consumption, status and forecast;
To focus on the key Cored Wire manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cored Wire :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.