Monday, June 29, 2020

In-depth Analysis of the COVID-19 Impact on Cutting Equipment, Accessories & Consumables Market

The report aims at estimating the market size and future growth potential of the cutting equipment, accessories, and consumables market across different segments such as equipment type, product, technology, end-use sector, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.

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♦ Leading Key Players -

The global market for the aluminum composite panels market is dominated by players such as, Colfax Corporation. (U.S.), Lincoln Electric Company. (U.S.), Illinois Tool Works Inc. (U.S.), Air Liquide (France), and The Linde Group (Germany). Other players in this market include GCE holding AB (Sweden), Messer group (Germany), Matheson tri-gas Inc. (US), Bug-O (US), Gentec (China), and Muller (Germany), which help the manufacturers in the development and growth of cutting equipment accessories, and consumables and markets.

By Technology:
  • Carbon arc cutting
  • Plasma cutting
  • Oxy-fuel cutting
  • Laser cutting
  • Water jet cutting
By Accessories, & consumables
  • By Accessories,
  • By consumables
  • Gas regulators
  • Gas flow meters
  • Gas filters
  • Check valves
  • Gas manifolds
  • Flow controllers
  • Gas panels
  • Gas cabinets
  • Shielding Gases
  • Oxy-fuel gases
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The cutting equipment, accessories and consumables market has been segmented into accessories and consumables sectors. Rising cutting consumables requirement, owing to growing residential building construction and manufacturing activities is expected to positively impact this market.
Certain factors prevailing in the market hampered the growth of this industry; these factors included high costs of cutting equipment, accessories, and consumables and the difficulty in setting up the cutting equipment.


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