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Global Cladding Service Market, By Type, Application & By Region - Forecast and Analysis 2022-2027

  • ID: 5583832
  • Report
  • March 2022
  • Region: Global
  • 157 Pages
  • SkyQuest Technology Consulting

FEATURED COMPANIES

  • Ametek Inc
  • Canadoil Group Ltd
  • Eew Group
  • Gulf Specialized Works
  • Oerlikon Metco
  • Proclad Group
The global cladding (metalworking) service market was valued at USD 41.98 Billion in 2021, and it is expected to reach a value of USD 55.93 Billion by 2027, at a CAGR of more than 4.67% over the forecast period (2022 - 2027). The growth of this market is attributed to the increasing number of deep-water and ultra-deep-water fields and the growing drilling operations are expected to drive the demand for the cladding metalworking service market. The oil and gas industry is expected to drive cladding service demand in the coming years. Oil & Gas companies work in a complex environment, where they face constant challenges, especially with respect to corrosion. According to a recent study, the total annual cost of corrosion in the oil and gas production industry is estimated to be $1.37 billion. It is estimated that these costs and environmental risks could rise further in the years ahead, as new hydrocarbon sources are found in more challenging environments – deeper reservoirs with higher temperatures and pressures and containing greater concentrations of acid gases.



In the cladding process, the backing steel for clad plate in sour service does not need to be resistant to hydrogen-induced (stepwise) cracking since the alloy layer (clad layer) prevents corrosion (and therefore hydrogen generation) at the inner surface of the vessel or pipe. Occasionally concern is expressed about the risk of hydrogen disbonding between the cladding and the backing steel. In the context of oil and gas production, this is unlikely to occur since there is no hydrogen produced at the inner surface. The alloy layer should be selected to be fully corrosion resistant in the expected environment so that there is no corrosion and therefore no hydrogen is generated internally. The outer surface, if buried or submerged, would normally be cathodically protected. If protected at the correct potential, some hydrogen will be generated externally.

The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the global cladding (metalworking) service market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: the key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPS, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Aspects covered in this report

  • Based on Type, this market is segmented into Roll Bonding, Explosive Welding, and Laser Cladding.
  • Based on Application, this market is segmented into Oil & Gas, Aircraft and Aerospace, Mining and Construction and Others.
  • Based on region, this market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).

In the competitive landscape, the report studies the growth strategies adopted by the companies. Players in this market adopted various strategies to expand their global footprint and augment their market share. The key strategies followed by most companies in the global cladding (metalworking) service markets were agreements and collaborations, mergers and acquisitions, and expansion.

The Major Key players are discussed in this report such as Nobelclad, Voestalpine, Ametek Inc, Canadoil Group Ltd, Fronius Perfect Welding, Eisenbau Krämer GmbH, Gulf Specialized Works, Proclad Group, Castolin Eutectic, Oerlikon Metco, PM Piping, Polysoude, Butting, Octal, Praxair Surface Technologies, The Japan Steel works Ltd, Arc Energy Resources Ltd, Cladtek Holdings Pte Ltd, EEW Group, Gieminox Tectubi Raccordi S.R.L.
Frequently Asked Questions about the Global Cladding (Metalworking) Service Market

What is the estimated value of the Global Cladding (Metalworking) Service Market?

The Global Cladding (Metalworking) Service Market was estimated to be valued at $42.0 Billion in 2021.

What is the growth rate of the Global Cladding (Metalworking) Service Market?

The growth rate of the Global Cladding (Metalworking) Service Market is 4.6%, with an estimated value of $55.9 Billion by 2027.

What is the forecasted size of the Global Cladding (Metalworking) Service Market?

The Global Cladding (Metalworking) Service Market is estimated to be worth $55.9 Billion by 2027.

Who are the key companies in the Global Cladding (Metalworking) Service Market?

Key companies in the Global Cladding (Metalworking) Service Market include NOBELCLAD, VOESTALPINE, AMETEK INC, CANADOIL GROUP LTD, FRONIUS PERFECT WELDING, EISENBAU KRÄMER GMBH, GULF SPECIALIZED WORKS, PROCLAD GROUP and OERLIKON METCO.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ametek Inc
  • Canadoil Group Ltd
  • Eew Group
  • Gulf Specialized Works
  • Oerlikon Metco
  • Proclad Group

Executive Summary
Market overview
  • Exhibit: Executive Summary - Chart on Market Overview
  • Exhibit: Executive Summary - Data Table on Market Overview
  • Exhibit: Executive Summary - Chart on Global Market Characteristics
  • Exhibit: Executive Summary - Chart on Market by Geography
  • Exhibit: Executive Summary - Chart on Market Segmentation
  • Exhibit: Executive Summary - Chart on Vendor Market Positioning

KEY MARKET INSIGHTS
  • Demand Side Trends
  • Supply Side Trends
  • Price Trend
  • Historic
  • (Exhibit: Data Analysis on Historic Price, 2016 - 2020, $)
  • Current
  • (Exhibit: Data Analysis on Current Price, 2021 ($))
  • Forecast
  • (Exhibit: Data Analysis on Forecast Price, 2022-2027 ($))
  • Technology Analysis
  • (Exhibit: Data Table: Name of technology and details)
  • Patent Analysis
  • (Exhibit: Data Table: Name of Patents and details)
  • Trade Analysis
  • Key Exporting and Importing Countries
  • (Exhibit: Data Table: Import Data, 2016 - 2021)
  • (Exhibit: Data Table: Export Data, 2016 - 2021)
  • Value Chain Analysis
  • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
  • Exhibit: Parent Market Ecosystem Market Analysis
  • Exhibit: Market Characteristics of Parent Market

COVID IMPACT
  • Introduction
  • Impact On Economy - scenario Assessment
  • Exhibit: Data on GDP - Year-over-year growth 2020-2027 (%)
  • Revised Market Size
  • Exhibit: Data Table on Global - Market size and forecast 2020-2027 ($ Billion)
  • Impact Of COVID On Key Segments
  • Exhibit: Data Table on Segment Market size and forecast 2020-2027 ($ Billion)
  • COVID Strategies by Company
  • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK
  • Market Dynamics
  • Exhibit: Impact analysis of DROC, 2021
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Exhibit: Data Table on regulation from different region
  • Porters Analysis
  • Competitive rivalry
  • Exhibit: Competitive rivalry Impact of key factors, 2021
  • Threat of substitute products
  • Exhibit: Threat of Substitute Products Impact of key factors, 2021
  • Bargaining power of buyers
  • Exhibit: buyers bargaining power Impact of key factors, 2021
  • Threat of new entrants
  • Exhibit: Threat of new entrants Impact of key factors, 2021
  • Bargaining power of suppliers
  • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Special insights on future disruptions
  • Technical Impact
  • Economic impact
  • Social Impact

Global Cladding (Metalworking) Service Market by Type
  • Market segments
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Data table on Market share 2021-2027 (%)
  • Roll Bonding
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Explosive Welding
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Laser Cladding
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)

Global Cladding (Metalworking) Service Market by Application
  • Market segments
  • Exhibit: Chart on Market share Analysis 2021-2027 (%)
  • Exhibit: Data table on Market share 2021-2027 (%)
  • Oil & Gas
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Aircraft and Aerospace
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Mining and Construction
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Others
  • Market Estimates & Forecast, 2021-2027
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)

Market Size by Region
  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • USA
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Canada
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Europe
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • Germany
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Spain
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • France
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • UK
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Rest of Europe
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Asia Pacific
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • China
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • India
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Japan
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • South Korea
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Rest of Asia Pacific
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Latin America
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • Brazil
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Rest of South America
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Middle East & Africa (MEA)
  • Chart on Market share by country 2021-2027 (%)
  • Data Table on Market share by country 2021-2027(%)
  • GCC Countries
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • South Africa
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)
  • Rest of MEA
  • Exhibit: Chart on Market share 2021-2027 (%)
  • Exhibit: Market size and forecast 2021-2027 ($ Billion)

KEY COMPANY PROFILES
  • Competitive Landscape
  • Total number of companies covered
  • Exhibit: companies covered in the report, 2021
  • Top companies market positioning
  • Exhibit: company positioning matrix, 2021
  • Top companies market Share
  • Exhibit: Pie chart analysis on company market share, 2021(%)
  • TWI Ltd
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • American Roller Company
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • SMT Clad Middle East FZE
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Vincent Clad Metals
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • GLENALMOND GROUP (IODS)
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • IHC IQIP B.V.
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Castolin Eutectic
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Synergy Additive Manufacturing
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Laser Cladding Services
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • RK FACADE PVT LTD
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Preco, Inc
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • NobelClad
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Spur Industries
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
  • Oerlikon Metco
  • Exhibit Company Overview
  • Exhibit Business Segment Overview
  • Exhibit Financial Updates
  • Exhibit Key Developments
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Nobelclad
  • Voestalpine
  • Ametek Inc
  • Canadoil Group Ltd
  • Fronius Perfect Welding
  • Eisenbau Krämer Gmbh
  • Gulf Specialized Works
  • Proclad Group
  • Castolin Eutectic
  • Oerlikon Metco
  • Pm Piping
  • Polysoude
  • Butting
  • Octal
  • Praxair Surface Technologies
  • The Japan Steel Works Ltd
  • Arc Energy Resources Ltd
  • Cladtek Holdings Pte Ltd
  • Eew Group
  • Gieminox Tectubi Raccordi S.R.L
Note: Product cover images may vary from those shown