Document y3bzzEV4Yw05MYdY66KjL0G4

Characteristics of the welding industry in Europe UPDATE for 2020 - 2021 Main markets using welding and cutting of metals for construction Building and infrastructures - metallic construction Transport equipment - Train - Automotive - Ships - Aircraft Energy - Oil and gas processes - Pipe lines and pipe mills - Power plants (Coal, gas, nuclear) - Wind mills - Petrochemicals industry Equipment for other industrial processes (food industry, storage, tanks...), waste treatment Other mechanical equipment: earth moving, agricultural equipment, military equipment, construction of various machines Maintenance and repair Hobby Dynamics of the welding market Main TRENDS : - Automation of welding (and cutting) operations - growth of robotics sector - Lack of skilled welders - need for more trained welders / and more training - Construction of lighter structures with the use of higher-strength and lighter-weight materials, particularly steels and aluminium - Demands of higher levels of reliability and higher-quality requirements. - Developing countries with industrialisation and rapid urbanisation - Improving safety for welders / welding processes with less emission of fumes / individual protection / fumes extraction system - Welding 4.0 / data collection and treatment to improve productivity, repeatability and quality - Impact of European Directives on eco-Design , circular economy, EMF - Acceleration of energy transition ( energy , transportation, construction , manufacturing , heavy industry , agricultural sectors will be affected) - Long term steel consumption in Europe Specific situation of the welding Industry in Europe in 2020 In 2020, the COVID-19 pandemic slashed the welding industry and the overall economic outlook across the EU . Shutdown measures, implemented by governments from March 2020, severely impacted manufacturing activity and welding-using industrial sectors, particularly over the second quarter that marked the trough of the pandemic-led cycle. Some of the measures that had the greatest impact on the economy and the industry were loosened as of June 2020, though many social measures remain in effect or were reinforced until early 2021. As a result, welding-using sectoral output experienced considerable quarteron-quarter rebounds over the third and the fourth quarters and, at an even faster rate, over the beginning of 2021. In the EU-28 , the market declined by around 19% in 2020 compared to 2019 . 2020 European market of arc welding equipment is estimated at 950 M 2020 European market of Welding Consumables is estimated at 660 K Tons 2020 -European Flame equipment market is estimated at 105 Millions European countries - Turkey included Market repartition (Arc welding equipment + Welding consumables) 2020 estimation: 2,2 billions Evolution of the European Market ( Welding consumables + Electric equipment) Millions Welding industry is very linked with steel consumption L , Welding market is linked with apparent steel use / finished steel products Data from https://www.worldsteel.org/ Evolution of steel consumption USE a lill V Consumption: Real & apparent steel consumption REAL VS APPARENT CONSUMPTION -- Real Consumption 200,000 Apparent Consumption www eurofer.eu All products, all qualities in '000 metric tonnes GRAPH 2011 -- 2020 SOURCE in _ _ 175,000 150,000 125,000 157,980 141,237 140,991 146,049 151,488 156,318 158,001 162,033 153,399 136,422 100,000 2011 2012 2013 Data from www.eurofer.eu 2014 2015 2016 2017 2018 2019 2020 L VA 2020 Breakdown of finished steel consumption in the EU-28 , by sectors Data from www.eurofer.eu Forecast 2021 - 2022 L , Ye Ne ete Tee a uN GROWTH PROJECTIONS BY REGION ALC IX xA TS 22 mn me en bra pr py EE Br EY HE LOE PS |75 g|a sy wh [ee -- EVA Steel demand, finished steel 2021-2022 Data from https://www.worldsteel.org/ Long term steel demand L , Long Term View on Steel Demand Global steel demand could reach 2.2~3.0 billion in 2050 Long Term Evolution of World Steel Demand ae 3000 2500 2000 1500 1 000 soo C1870 1890 1910 1930 1950 1970 1990 2010 2030 2050