
According to the latest market research report by Absolute Reports, the global aluminium welding wires market is projected to grow at a significant CAGR of 6.25 per cent during the years 2017-2021. Largescale increase in demand for welding wires for repair and maintenance in developing economies of Asia and south-east Asia is anticipated to drive the growth over the forecast period.

The aluminium welding wires market has suffered significant impact due to slowdown in the global economic growth, but still continued to make positive progress. Over the past four years, the market size has also managed to maintain the average annual growth rate.
Among the key trends that have swept the market is the inclusion of titanium and strontium in ER4043 aluminium alloy welding wire, the report noted.
Many aluminium welding wire manufacturers are making their presence felt in the global circuit by virtue of continuous product innovation and technology development. The key vendors who are expected to dominate the market during 2017-2021 are Air Liquide Welding, ESAB, Novametal, The Lincoln Electric Company, Voestalpine Böhler Welding, CTP, Drahtwerk Elisental W. Erdmann, Elga, and EWM Hightec Welding, the report identified.
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