Welding Consumables Market Size, Share, Growth Report 2030

Global welding consumables market expected to reach approximately USD 18.1 Billion in 2023, growing at a CAGR of slightly above 5.0% between 2017 and 2023. Growing requirement of welding automation technology in fabrication will drive the demand for welding consumables.

Welding Consumables Market: Industry Perspective

The report covers forecasts and analyses for the welding consumables market on a global and regional level. The study provides historic data for 2015-2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study includes drivers and restraints for the welding consumables market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the welding consumables market on a global level.

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This report offers a comprehensive analysis of global welding consumables market along with, market trends, drivers, and restraints of the welding consumables market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, and the secondary and primary research teams of industry experts.

The study provides a decisive view of the welding consumables market by segmenting the market based on type, technique, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Based on the type, the segmentation of the welding consumables market is SAW wires, fluxes, flux cored wires, solid wires, and stick electrodes. Based on technique, the segmentation of the welding consumables market is arc welding, resistance welding, Oxyfuel welding, and ultrasonic welding. Based on the end-use industry, the segmentation of the welding consumables market is oil gas, power generation, marine, construction, automobile, and aerospace defense. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. Each region has been further segmented into countries such as the U.S., Canada, Mexico, UK, France, Germany, Italy, Poland, Russia, China, India, Japan, India, Korea, Indonesia, Malaysia, Thailand, Brazil, Argentina, Saudi Arabia, UAE, South Africa, Kuwait, and Oman.

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The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global welding consumables market such as Arcon Welding Equipment, Kemppi Oy, Tianjin Bridge Welding Materials Co., Ltd., Fronius International GmbH, Denyo Co., Ltd, Illinois Tool Works Inc, Panasonic Corporation, Obara Corporation, Hyundai Welding Co., Ltd, Air Liquide, The Lincoln Electric Company, Colfax Corporation, and Voestalpine AG, Nikko Steel, PT. Yontomo Sukses Abadi, PT. Cahaya Las Mandiri, P.T. Intan Pertiwi Industri, Alfa Metalindo Indonesia, The Linde Group, Inc, and Kobe Steel, Ltd

The report segments the global Welding Consumables market as follows:

Welding Consumables Market: Type Segment Analysis

  • SAW wires
  • Fluxes
  • Flux cored wires
  • Solid wires
  • Stick electrodes

Welding Consumables Market: Technique Segment Analysis

  • Arc welding
  • Resistance welding
  • Oxyfuel welding
  • Ultrasonic welding

Welding Consumables Market: End-Use Industry Segment Analysis

  • Oil Gas
  • Power generation
  • Marine
  • Construction
  • Automobile
  • Aerospace Defense

Welding Consumables Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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