FILLER METALS MCP-6045
A GLOBAL STRATEGIC BUSINESS REPORT
CONTENTS
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-3
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
II. EXECUTIVE SUMMERY
1. INDUSTRY OVERVIEW II-1
Introduction II-1
General Trends Prevailing in the Filler Metals Industry II-1
Key Market Drivers and Constraints II-2
Demand for Advanced Products Gain Traction, Despite Higher
Pricing II-2
Move Production Base to Low-cost Region: The New Mantra II-2
Tough Competition From Emerging Countries II-2
Key Technological Updates II-3
Controlling Heat Input and Working Temperature is Crucial II-3
Filler Metals for Magnesium Alloys II-3
Filler Metals Fulfilling Seismic Requirements II-4
Covered Electrodes as Filler Metal II-4
Ruttle Coated Electrodes II-4
Key Challenges Lie for Future II-5
To Integrate the Welding Process into the Production Cycle II-5
Challenges in the Stainless Steel Applications Sector II-5
To Improve the Working Conditions in Welding Industry II-6
Information Technology Holds the Key II-6
Need For Implementing Newer Quality Standards II-6
Need for an Image Makeover II-6
End Use Segment Analysis II-7
Metal Fabrication II-7
Shipbuilding II-7
Process Industry II-7
Farm & Ranch II-7
Transport II-8
Others II-8
2. PRODUCT OVERVIEW II-9
Understanding Filler Metals II-9
How A Filler Metal Work? II-9
Filler Metals Forms: Preforms and Paste II-9
Different Paste Applicators II-9
Squeeze bottles II-9
Pneumatics II-10
Positive Displacement II-10
Automatic Robot System II-10
Limitations of Paste While Applying to the Joint II-10
Comparing Preforms and Paste II-10
Filler Metal Classification II-11
Bare Electrode Rods and Wires II-11
Covered electrodes II-11
Tubular Electrode Wire II-11
Welding Fluxes II-11
Key Benefits of Using the Right Filler Metal II-11
Filler Metal Designation Systems: A Brief Outline II-12
Specifications For Filler Metals As Per the American Welding
Society (AWS) II-12
A Peek into Historical Development of Filler Metal II-13
Select Product Categories II-13
Stick Electrodes II-13
Solid Wires II-13
Submerged Arc Consumables II-13
Health Hazards Associated with Welding Flux II-14
Covered Electrodes II-14
Tubular Wires II-14
Others II-15
Choosing Right Filler Metal for Abrasion-Resistant (AR) Plate II-15
Table 1: Preheat Temperatures Required Before Brazing AR
Plates of Different Metal Thickness (includes corresponding
Graph/Chart) II-15
Choice of Filler Metals For AR Plates with Different Base
Metals: For A57GR50, A 36, A514 (T1), and A656GR80 II-16
Choice of Filler Metals for Fabrication Work with AR Plates II-16
Solid Wires II-16
Metal-Cored Wires II-16
Gas-Shielded Flux-Cored Wire II-16
Choice of Filler Metals for Repair Work in AR Plates II-16
Gasless Shelf-Shielded Flux Cored Wires II-16
SMAW (Shielded Metal Arc Welding) Electrodes II-16
Gas Shielded Flux-cored Wires II-16
Key Metal Alloys Prevailing in the Welding Industry II-17
Nickel-Based Brazing Filler Metal II-17
Available Forms of Nicrobraz® II-17
Copper and Aluminum Brazing Filler Metals II-17
Soldering Filler Metals II-17
Gold Brazing Filler Metals II-18
Review of Key Filler Metals II-18
Resistance Electrodes: An overview II-19
Key Benefits Obtained Over Traditional Electrodes II-19
How it Works? II-19
Introduction to Welding II-19
Key Welding Processes II-20
TIG (Tungsten Inert Gas), or GTAW (Gas Tungsten Arc Welding) II-20
MMA (Manual Metal Arc), or SMAW (Shielded Metal Arc Welding) II-20
MIG (Metal Inert Gas), or GMAW (Gas Metal Arc Welding) II-21
SAW (Submerged Arc Welding) II-21
Pressure Welding: An Overview II-21
3. PRODUCT INNOVATIONS/INTRODUCTIONS II-23
Select-Arc Unveils Select 410 and Select 410NiMo II-23
Hobart Brothers Rolls Out FabCO® Hornet II-23
Hoganas AB Introduced BrazeLet™ F300 II-23
Lucas-Milhaupt Unveils Handy One alloy AL-822 II-24
Arcos Industries Unveils Arcos 308H II-24
Arcos Industries Introduces Arcos 312 II-24
Hobart Brothers Introduces Smootharc™ 5356 and Smootharc™ 4043 II-25
Hobart Brothers Introduces Metalloy® 110 Metal- Cored Wire II-25
Hobart Brothers Launches Fabshield XLR-8™ II-26
Hobart Brothers Unveils Tri-Mark® Metalloy 80D2 and Tri-Mark®
Metalloy® Vantage™ D2 II-26
ESAB Welding & Cutting Products Introduces Dual Shield 810X-
Ni1 and Dual Shield 710X-M II-27
Hobart Brothers Launches Hobart® Fabshield X80 II-27
Hobart Brothers Unveils Tri-Mark® TM-811N1 Flux Cored Wire II-28
Arcos Industries Introduces Arcos 651 and Arcos 861 II-28
Airgas Launches Radar Tubular Welding Wire II-28
PolyOne Unveils Therma-Tech and Gravi-Tech II-28
Arcos Industries Launches Arcos 803 II-29
Arcos Industries Unveils Arcos 816 and Arcos 72 II-29
Arcos Industries Rolls Out Arcos 59 Electrode II-29
Select-Arc Launches Select EH12KS and Select EM12KS II-29
Select-Arc Launches Select 410-AP and Select 410NiMo-AP II-30
Hobart Brothers Unveils Hobart Fabshield 23 II-30
Stoody® Company Launches Stoody® 300 Series Flux Cored Wire II-30
Arcos Industries Introduces Arcos 310 II-31
Arcos Industries Unveils Arcos 16/8/2 II-31
Acros Industries Rolls Out Acros 617 II-31
Arcos Industries Launches Arcos 9N10 II-32
Hobart Brothers Introduces New Range of Flux-Cored Wires II-32
ESAB Welding & Cutting Products Launches Dual Shield X-Series
Flux-Cored Wires II-32
4. RECENT INDUSTRY ACTIVITY II-33
Maxal Signs Strategic Marketing and Sales Agreement with
Hobart Brothers II-33
Lincoln Electric Commences Operations in India II-33
Kobe Steel to Set Up New Company in China II-33
ESAB Adds Flux Plant to Facility in Pennsylvania II-34
Hobart Brothers to Expand Filler Metal Operations II-34
ESAB Inks Agreement with MegaStir II-34
KOBELCO Purchase ST KOBE WELDING II-34
Lucas-Milhaupt Takes Over Omni Technologies II-35
Lincoln Electric and Zhengzhou Heli Sign Joint Venture II-35
Kobelco Welding of Europe Commences Production of Carbon Steel
FCW II-35
5. FOCUS ON SELECT GLOBAL PLAYERS II-36
Avesta Welding AB (Sweden) II-36
ESAB Group, Inc. (USA) II-36
Hyundai Welding Co., Ltd. (South Korea) II-37
Illinois Tool Works, Inc. (USA) II-37
Hobart Brothers Company (USA) II-37
Kobe Steel, Ltd (Japan) II-38
Lincoln Electric Holdings, Inc. (USA) II-38
Metrode Products Ltd (UK) II-38
Murex Welding Products Ltd. (UK) II-39
QuEST Machining and Manufacturing Private Ltd (India) II-39
Air Liquide Welding (France) II-39
Sandvik Materials Technology AB (Sweden) II-40
Special Metals Corporation (USA) II-40
Shanti Metal Supply Corporation (India) II-41
Vorarc Welding CC (South Africa) II-41
Wuhan Zhongbai Group Co., Ltd (China) II-41
Zaclon LLC (USA) II-41
6. GLOBAL MARKET PERSPECTIVE II-43
Table 2: World Recent Past, Current & Future Analysis for
Filler Metals by Region - North America, Europe, Asia Pacific,
and Rest of World Market Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2007 through 2015
(includes corresponding Graph/Chart) II-43
Table 3: World Historic Perspective for Filler Metals by
Region - North America, Europe, Asia Pacific and Rest of World
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2006 (includes
corresponding Graph/Chart) II-44
Table 4: Global 12-Year Perspective for Filler Metals by
Region - Percentage Breakdown of for North America, Europe,
Asia Pacific and Rest of World Markets for 2003, 2009 & 2015
(includes corresponding Graph/Chart) II-45
Table 5: World Recent Past, Current & Future Analysis for
Filler Metals by End-use Segment- Metal Fabrication,
Shipbuilding, Process Industry, Farm and Ranch, Transport, and
Other End-Use Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2007 through 2015 (includes
corresponding Graph/Chart) II-46
Table 6: World Historic Perspective for Filler Metals by
End-use Segment- Metal Fabrication, Shipbuilding, Process
Industry, Farm and Ranch, Transport, and Other End-Use Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2006 (includes corresponding
Graph/Chart) II-47
Table 7: Global 12-Year Perspective for Filler Metals by
End-use Segment - Percentage Breakdown of for Metal
Fabrication, Shipbuilding, Process Industry, Farm and Ranch,
Transport, and Other End-Use Markets for 2003, 2009 & 2015
(includes corresponding Graph/Chart) II-48
III. MARKET
1. NORTH AMERICA III-1
A.Market Analysis III-1
Outlook III-1
Filler Metals Market Faces Tough Challenges III-1
Key Statistical Data III-2
United States Import and Export Scenario III-2
Table 8: United States Exports of Coating and Core
Preparations for Welding Rods and Electrodes, and Fluxes
and Related Preparations for Soldering (2007 & 2008):
Percentage Breakdown of Export Value by Region -
Australia, Canada, China, Germany, Mexico, Singapore,
South Africa, Taiwan, UK, Venezuela, and Rest of World
(includes corresponding Graph/Chart) III-2
Table 9: United States Imports of Coating and Core
Preparations for Welding Rods and Electrodes, and Fluxes
and Related Preparations for Soldering (2007 & 2008):
Percentage Breakdown of Import Value by Region - Belgium,
Brazil, Canada, France, Germany, Japan, Mexico,
Netherlands, Poland, UK, and Rest of World (includes
corresponding Graph/Chart) III-3
Table 10: United States Exports of Coated Electrodes for
Electric Arc Welding (2007 & 2008): Percentage Breakdown
of Export Value by Region - Australia, Canada, China,
Japan, Mexico, Saudi Arabia, Singapore, South Korea, UAE,
UK, and Rest of World (includes corresponding Graph/Chart) III-4
Table 11: United States Imports of Coated Electrodes For
Electric Arc Welding (2007 & 2008): Percentage Breakdown
of Import Value by Region - China, Germany, Japan, Mexico,
Netherlands, South Korea, Sweden, Taiwan, Turkey, UK, and
Rest of World (includes corresponding Graph/Chart) III-5
Table 12: US Exports of Cored Wires and Coated Rods for
Welding, Brazing and Soldering by Flame (2007 & 2008):
Percentage Breakdown of Export Value by Region -
Argentina, Belgium, Canada, China, Finland, Hong Kong,
Japan, Mexico, South Korea, UK, and Rest of World
(includes corresponding Graph/Chart) III-6
Table 13: US Imports of Cored Wires and Coated Rods for
Welding, Brazing and Soldering by Flame (2007 & 2008):
Percentage Breakdown of Import Value by Region - Canada,
China, France, Germany, Japan, Mexico, Peru, South Korea,
Taiwan, UK, and Rest of World (includes corresponding
Graph/Chart) III-7
Table 14: US Exports of Cored Wires for Electric Arc
Welding (2007 & 2008): Percentage Breakdown of Export
Value by Region - Australia, Brazil, Canada, China,
Finland, Japan, Mexico, Singapore, South Korea, UAE, and
Rest of World (includes corresponding Graph/Chart) III-8
Table 15: US Imports of Cored Wires for Electric Arc
Welding (2007 & 2008): Percentage Breakdown of Import
Value by Region - Austria, Canada, China, Germany, Italy,
Japan, Mexico, Singapore, South Korea, Taiwan, and Rest of
World (includes corresponding Graph/Chart) III-9
Canadian Import and Export Scenario III-10
Table 16: Canadian Imports of Coating and Core
Preparations for Welding Rods and Electrodes, and Fluxes
and Related Preparations for Soldering (2007 & 2008):
Percentage Breakdown of Import Value by Region -
Australia, Belgium, China, France, Germany, Japan, Mexico,
Poland, UK, US, and Rest of World (includes corresponding
Graph/Chart) III-10
Table 17: Canadian Exports of Coating and Core
Preparations for Welding Rods and Electrodes, and Fluxes
and Related Preparations for Soldering (2007 & 2008):
Percentage Breakdown of Export Value by Region - Cuba,
Hong Kong, Italy, Madagascar, Mexico, Peru, Philippines,
South Korea, Spain, US, and Rest of World (includes
corresponding Graph/Chart) III-11
Table 18: Canadian Exports of Coated Electrodes For
Electric Arc Welding (2007 & 2008): Percentage Breakdown
of Export Value by Region - Chile, China, Cuba, Jamaica,
Mexico, Romania, Trinidad and Tobago, UAE, UK, US, and
Rest of World (includes corresponding Graph/Chart) III-12
Table 19: Canadian Imports of Coated Electrodes For
Electric Arc Welding (2007 & 2008): Percentage Breakdown
of Import Value by Region - Austria, France, Germany,
Indonesia, Ireland, Mexico, South Korea, Sweden, UK, US,
and Rest of World (includes corresponding Graph/Chart) III-13
Table 20: Canadian Exports of Cored Wires and Coated Rods
for Welding, Brazing and Soldering by Flame (2007 & 2008):
Percentage Breakdown of Export Value by Region -
Australia, China, Cuba, Hong Kong, Mongolia, South Korea,
Spain, UAE, Ukraine, US, and Rest of World (includes
corresponding Graph/Chart) III-14
Table 21: Canadian Imports of Cored Wires and Coated Rods
for Welding, Brazing and Soldering by Flame (2007 & 2008):
Percentage Breakdown of Import Value by Region - China,
France, Germany, Italy, Japan, Malaysia, Mexico, Taiwan,
UK, US, and Rest of Word (includes corresponding
Graph/Chart) III-15
Table 22: Canadian Exports of Cored Wires for Electric Arc
Welding (2007 & 2008): Percentage Breakdown of Export
Value by Region - Brazil, China, Colombia, Cuba, France,
India, Peru, Trinidad and Tobago, US, Venezuela, and Rest
of World (includes corresponding Graph/Chart) III-16
Table 23: Canadian Imports of Cored Wires for Electric Arc
Welding (2007 & 2008): Percentage Breakdown of Import
Value by Region - Austria, Belgium, China, France,
Germany, Italy, Japan, South Korea, UK, US, and Rest of
World (includes corresponding Graph/Chart) III-17
Product Launches III-17
Strategic Corporate Developments III-27
Key Players III-29
B.Market Analytics III-32
By Product Type III-32
Table 24: North American Recent Past, Current & Future
Analysis for Filler Metals by Product Type - Solid Wires,
Submerged Arc Consumables, Covered Electrodes, Tubular
Wires, and Other Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2007 through 2015
(includes corresponding Graph/Chart) III-32
Table 25: North American Historic Perspective for Filler
Metals by Product Type - Solid Wires, Submerged Arc
Consumables, Covered Electrodes, Tubular Wires, and Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2006 (includes
corresponding Graph/Chart) III-33
Table 26: North American 12-Year Perspective for Filler
Metals by Product Type - Percentage Breakdown of Dollar
Sales for Solid Wires, Submerged Arc Consumables, Covered
Electrodes, Tubular Wires, and Other Markets for 2003, 2009 &
2015 (includes corresponding Graph/Chart) III-34
By End-use Segment III-35
Table 27: North American Recent Past, Current & Future
Analysis for Filler Metals by End-use Segment- Metal
Fabrication, Shipbuilding, Construction, Power and
Utilities, Transport, and Other Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2015 (includes corresponding Graph/Chart) III-35
Table 28: North American Historic Perspective for Filler
Metals by End-use Segment- Metal Fabrication, Shipbuilding,
Construction, Power and Utilities, Transport, and Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2006 (includes
corresponding Graph/Chart) III-36
Table 29: North American 12-Year Perspective for Filler
Metals by End-use Segment - Percentage Breakdown of Annual
Sales of Dollar Sales for Metal Fabrication, Shipbuilding,
Construction, Power and Utilities, Transport, and Other
Markets for 2003, 2009 & 2015 (includes corresponding
Graph/Chart) III-37
2. EUROPE III-38
A.Market Analysis III-38
Outlook III-38
Key Growth Drivers III-38
Domestic Players Feel the Heat III-38
European Welding Consumables Market to Witness Robust Growth III-39
Competition Heightens From Non-Domestic Players III-39
Turkish Filler Metal Market - An Overview III-39
Product Launches III-40
Strategic Corporate Developments III-40
Key Players III-41
B.Market Analytics III-43
Table 30: European Recent Past, Current & Future Analysis
for Filler Metals Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2007 through 2015 (includes
corresponding Graph/Chart) III-43
Table 31: European Historic Perspective for Filler Metals
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2006 (includes corresponding
Graph/Chart) III-43
3. ASIA PACIFIC III-44
A.Market Analysis III-44
Outlook III-44
Indian Market Overview III-44
Table 32: Indian Market for Welding Metal Electrodes and
Welding Metal Wires in Thousand Tons For the Years
2006-2007 to 2008-2009 (includes corresponding Graph/Chart) III-44
Building Block of Emerging India III-45
Key Trends Prevail in the Indian Welding Market III-45
Strategic Corporate Developments III-45
Key Players III-47
B.Market Analytics III-49
Table 33: Asia Pacific Recent Past, Current & Future
Analysis for Filler Metals Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2007 through
2015 (includes corresponding Graph/Chart) III-49
Table 34: Asia Pacific Historic Perspective for Filler
Metals Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2006 (includes
corresponding Graph/Chart) III-49
4. REST OF WORLD III-50
A.Market Analysis III-50
Outlook III-50
Brazilian Market Overview III-50
Filler Metals Market Tit bits III-50
Competition Scenario in the Brazilian Turf III-50
Moving Towards Sophistication III-51
Key Player III-51
B.Market Analytics III-52
Table 35: Rest of World Recent Past, Current & Future
Analysis for Filler Metals Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2007 through
2015 (includes corresponding Graph/Chart) III-52
Table 36: Rest of World Historic Perspective for Filler
Metals Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2006 (includes
corresponding Graph/Chart) III-52
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 53 (including Divisions/Subsidiaries - 76)
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Region/Country Players
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The United States 27
Japan 1
Europe 31
France 3
Germany 7
The United Kingdom 6
Spain 3
Rest of Europe 12
Asia-Pacific (Excluding Japan) 14
Latin America 2
Africa 1
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