The welding fire blankets market has the potential to grow by USD 13.24 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.13%.
This welding fire blankets market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (construction, energy and utilities, marine, and automotive) and geography (APAC, Europe, North America, MEA, and South America). The report also offers information on several market vendors, including 3M Co., Auburn Manufacturing Inc., and Colfax Corp., among others.
What will the Welding Fire Blankets Market Size be in 2021?
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Welding Fire Blankets Market: Key Drivers and Trends
The rise in incidents of accidents and health hazards is notably driving the welding fire blankets market growth, although factors such as slow growth in ship building industry may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the welding fire blankets industry get your FREE report sample now.
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This welding fire blankets market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Welding Fire Blankets Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 3M Co.
- Auburn Manufacturing Inc.
- Colfax Corp.
- Cromwell Group (Holdings) Ltd.
- KEMPER GmbH
- Kimberly-Clark Corp.
- Shree Firepack Safety Pvt. Ltd.
- Specialised Welding Products Ltd.
- STEEL GUARD SAFETY Corp.
- Steiner Industries
The welding fire blankets market is fragmented and the vendors are deploying growth strategies such as improving brand presence in various markets to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the welding fire blankets market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Welding Fire Blankets Market?
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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for welding fire blankets in APAC. Market growth in this region will be slower than the growth of the market in MEA and APAC.
The growing automotive and construction industries will facilitate the welding fire blankets market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating End-user Segments in the Welding Fire Blankets Market?
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The construction industry deploys a large number of welders, as welding is one of the essential parts of the industry. Construction ventures in developing countries are likely to grow at a much faster rate than those in advanced economies in the coming years. However, the COVID-19 pandemic resulted in a considerable decrease in demand for commercial and residential sites, which led to a decline in investments in new construction activities in 2020.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the welding fire blankets market size.
What are the Key Factors Covered in this Welding Fire Blankets Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive welding fire blankets market growth during the next five years
- Precise estimation of the welding fire blankets market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the welding fire blankets industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of welding fire blankets market vendors
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Welding Fire Blankets Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2021-2025 |
$ 13.24 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.45 |
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Regional analysis |
APAC, Europe, North America, MEA, and South America |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
China, US, Germany, France, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
3M Co., Auburn Manufacturing Inc., Colfax Corp., Cromwell Group (Holdings) Ltd., KEMPER GmbH, Kimberly-Clark Corp., Shree Firepack Safety Pvt. Ltd., Specialised Welding Products Ltd., STEEL GUARD SAFETY Corp., and Steiner Industries |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |