Welding Fire Blankets Market by End-user and Geography - Forecast and Analysis 2021-2025

Published: Mar 2021 Pages: 120 SKU: IRTNTR70435

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.

  • The increasing incidents of accidents and health hazards is one of the primary factors driving the welding fire blankets market growth.
  • Hazards associated with welding include the inhalation of fumes, electric shocks, and fire explosions, which are harmful to the workers.
  • Prolonged exposure to harmful gases during the welding process can cause serious health risks to industrial workers.
  • The deployment of personal protective equipment (PPE) such as welding fire blankets is essential since it allows workers to move freely and provides them with adequate protection from welding-related hazards.
  • The adoption of fiberglass welding fire blankets is one of the latest welding fire blankets market trends that will gain traction in the coming years.
  • Manufacturers are offering fiberglass welding fire blankets as they can easily be molded into any shape and are strong enough to withstand the harshest abrasives.
  • Fiberglass material lasts for a longer time and requires minimal maintenance.
  • Fiberglass welding fire blankets also possess additional features such as anti-magnetic and fire resistance and offer good electrical insulation.

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.

 

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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

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 13.24 million

Market structure

Fragmented

YoY growth (%)

3.45

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 37%

Key consumer countries

China, US, Germany, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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

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,

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.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Construction - Market size and forecast 2020-2025
    • Energy and utilities - Market size and forecast 2020-2025
    • Marine - Market size and forecast 2020-2025
    • Automotive - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Vendor landscape
    • Landscape disruption
    • Industry risks

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 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

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

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    • Five-force market analysis