Exothermic Welding Market
Exothermic Welding Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Exothermic Welding Market Size and Growth
The global exothermic welding market is projected to grow at a steady rate due to increasing demand for reliable and durable welding solutions across various industries. The market size is estimated to reach USD 341 million by 2026, driven by advancements in infrastructure development and the need for highquality connections in critical applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ nVent (Erico)
◍ Kumwell
◍ Tectoweld
◍ APLIC. TECNOLÓGICAS
◍ Hubbell
◍ Galmar
◍ Harger
◍ Amiable Impex
◍ ESTWELD
◍ Miraysan
◍ Ningbo Banghe New Materials
◍ EXOWELD
◍ A. N. Wallis & Co
◍ Shangdong Fullworld
The Exothermic Welding Market is highly competitive with key players like nVent (Erico), Kumwell, Tectoweld, APLIC TECNOLÓGICAS, Hubbell, Galmar, Harger, Amiable Impex, ESTWELD, Miraysan, Ningbo Banghe New Materials, EXOWELD, A. N. Wallis & Co, and Shangdong Fullworld. These companies offer high-quality products and solutions to various industries, contributing to the growth of the market.
- nVent (Erico) generated sales revenue of $2.4 billion in 2020.
- Hubbell reported sales revenue of $4.5 billion in 2020.
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Market Segmentation
By Application
◍ Cathodic Protection
◍ Power Utility
◍ Residential Building Grounding
◍ Commercial Building Grounding
◍ Others
By Product
◍ Exothermic Weld Powder
◍ Graphite Molds
◍ Handle Clamps
◍ Other Accessories
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Market Growth
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$ 3.76 Billion
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