Oxy-Fuel Torches Market
Oxy-Fuel Torches Market By Components (Pressure regulator, Cutting oxygen valve lever, Fuel Gas valve, Heating oxygen Valve), By Applications (Energy & utilities, Aerospace, Transportation, Metal fabrication, Maintenance and repair, Automotive, Agriculture) By Regions - Global Review 2021 to 2031
Analysis of Oxy-Fuel Torches market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Oxy-Fuel Torches Market: Overview and Dynamics
Oxy-fuel torch is an equipment that is generally used for cutting ferrous metals or the metals that contains iron. Oxy-fuel torches are not preferably used in the cutting of cast iron, aluminum or stainless steel. The oxy-fuel torches offer process flexibility as it performs cut, braze, weld, solder, gouge and heat. The availability of oxy-fuel torches in different length benefit the operator as it keeps in away from the heat, slag and flames formed while cutting and thus it ensures operational safety.
In oxy-fuel torches, the oxygen is used as a primary source of energy and oxygen combined with other gases enables the cutting and wielding process. A separate supply tube is incorporated to supply additional oxygen necessary for the cutting process. The oxygen and fuel gases are combined to form the preheating flame, and a separate supply tube is incorporated to supply additional oxygen required for the cutting process in oxy-fuel torches. A separate valve lever on the oxy-fuel torch controls the airflow. The flame-cutting method is one of the most common techniques for removing material in the fabrication industry.
A welding torch is used to weld metals in oxy-fuel welding, and a torch is used to heat metal to its kindling temperature in oxy-fuel cutting. Metals are welded by using a welding torch in the oxy-fuel welding and cutting process. The torch is used to heat the metal to its kindling temperature. Cut quality, preheating times, and metal thicknesses can all be affected by the type of fuel gas used when using oxy-fuel torches. Natural gas, propylene, acetylene and propene are the commonly used gases along with oxygen. The combination of gases to be used depends on the application and the requirement of the user.
The growth of oxy-fuel torches is primarily influenced by the use of the oxy-fuel welding method in various industries. The oxy-fuel cutting/wielding has an advantage over other methods as these can be used for cutting and welding numerous materials. The oxy-fuel cutting ad wielding machines are less expensive which make it a lucrative option for small wielding shops to use it.
Oxy-fuel welding and cutting equipment are the simplest to use and require the least amount of setup time, resulting in increased popularity among end-users which opens up new opportunities for the manufactures in the near future. Furthermore, oxy-fuel welding and cutting equipment does not require electricity to operate.
Manufactures offers oxy-fuel torch with fully integrated oxygen cooling which ensures operational safety, high quality in cutting and improved cutting speed. The improvement in design and technology has reduced the complexity associated with oxy-fuel torches.
There are attachments that are available in the market which can be attached to the oxy-fuel torch to make the cut through different shapes and sizes thus ensuring precise cutting and welding. Radius circle guide, radius guide and bevel guide are some of the attachments that can be used to make the best use of the oxy-fuel torches in cutting and welding equipment.
Oxy-Fuel Torches: COVID- 19 Impact Insights
The pandemic had a significant and unprecedented impact on the market for oxy-fuel torches. The COVID-19 pandemic is a one-of-a-kind shock to the global economy, making its long-term consequences impossible to anticipate. The covid-19 had a ripple effect on the economy as the infections were at alarming rates. The enactment of the lockdown and restrictions in the movement to contain the virus has interrupted the entire supply chain and halted production. COVID -19 had a significant effect on leading customers and suppliers in heavily impacted areas such as China, North America, and Japan.
The pandemic had a disproportional impact on the business and socio-economic classes which has led to transition in consumer behavior and buying patterns, which need to be taken into consideration by business to get right back on track in the market or it may question the survival of the business.
In the third quarter, the government eased the lockdown and travel restrictions, allowing oxy-fuel torches manufacturing firms to resume production with fewer employees due to social distancing requirements. Furthermore, the lockdown has begun to lift in a few regions, providing a ray of hope for a firm recovery in the oxy-fuel torches market.
The Oxy-Fuel Torches Market: Regional Impact
The global Oxy-fuel Torches market seems positive due to the applicability of the machine in almost all industries and sector. Based on the regional split, the report “Oxy-fuel Torches” takes into account six prominent regions including North America, Europe, Latin America, East Asia, South Asia and Oceania and Middle East & Africa. Most of the market share is bagged by the companies operating in the Asia Pacific due to the availability of raw material in this region.
After the Asia Pacific, Europe and North America are the most important regions for the Oxy-fuel Torches market, accounting for more than 47% of global manufacturing output. The competition in Asia Pacific oxy-fuel torches market has intensifies as there are number of regional players entering into the market.
North American and European markets have matured as a result of high levels of automation and stringent rules and regulations. Due to increased demand in the automobile, industrial, and construction sectors, Asia Pacific oxy-fuel torch market is expected to expand significantly. In the forecast period, the penetration of key players in developed countries will increase the demand for Oxy-fuel Torches due to the availability of low-cost labour and low-cost raw materials.
East Asia is expected to take a strong position in the Oxy-fuel Torches market in the coming years as a result of the rising population, which will unavoidably increase demand in the construction sector, as well as government infrastructure spending. As a result, demand for Oxy-fuel torches is expected to rise over the forecast period. A further reason for the escalating demand in the region with the resurgence of automobile industries in China, Japan and South Korea.
Whereas Middle East Africa and Latin America will experience a robust increase in the demand of the oxy-fuel torches market with substantial growth in the construction and automobile industry.
Oxy-Fuel Torches Market: Key Players
The Oxy-fuel Torches market appears to be fragmented and several small players in the market command a minuscule share in the market. The key players in the oxy-fuel torches market are
- American Welding & Gas
- Miller Electric Mfg. LLC
- The Lincoln Electric Company
- Harris Products Group
- Grainger Inc
- IHT Automation
- DAVCO Group
- Koike Aronson Inc.
- The Eastwood Company.
- American Torch Tip Company
- Quality Components Co. Inc. etc.
The key players in the oxy-fuel torches market offer solution-focused product and gives at most importance to the wielding safety. The players in Oxy-fuel Torches market are widening the customer base through market development.
The research report presents a comprehensive assessment of the oxy-fuel torches materials market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The oxy-fuel torches materials market report provides analysis and information, according to market segments such as components, application and regions.
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The Oxy-Fuel Torches Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Oxy-Fuel Torches Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)
The oxy-fuel torches market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Oxy-fuel Torches market report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Oxy-fuel Torches Market report also maps the qualitative impact of various market factors on market segments based on components, application and regions.
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The Oxy-Fuel Torches Market Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Oxy-Fuel Torches: Segmentation
The Oxy-fuel Torches market can be segmented into three categories based on components, application and regions.
On the basis of Components, the Oxy-fuel Torches market can be classified into:
- Pressure regulator
- Cutting oxygen valve lever
- Fuel Gas valve
- Heating oxygen Valve
On the basis of Application, the Oxy-fuel Torches market can be classified into:
- Energy & utilities
- Metal fabrication
- Maintenance and repair
- Railroad and Ancillary Equipment
On the basis of region, the Oxy-fuel Torches market can be classified into:
- North America
- Latin America
- East Asia
- South Asia and Oceania
- The Middle East and Africa
- FAQs -
The Oxy-Fuel Torches market is expected to grow at a 6.4% CAGR from 2021 to 2031
By 2031-end, Oxy-Fuel Torches sales are likely to reach US$ 2,734.5 Million
American Welding & Gas, Hypertherm, Miller Electric Mfg. LLC, The Lincoln Electric Company, and ESAB are some leading Oxy-Fuel Torches market players.