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report thumbnailWelding Consumables Market

Welding Consumables Market  Analysis Report 2024: Market to Grow by a CAGR of 4.5 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Welding Consumables Market, Forecast 2024-2032

Oct 28 2024
Base Year: 2023
180 Pages
Market Research Future Logo

Welding Consumables Market  Analysis Report 2024: Market to Grow by a CAGR of 4.5 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The Welding Consumables Market size was valued at USD 12.61 USD Billion in 2023 and is projected to reach USD 17.16 USD Billion by 2032, exhibiting a CAGR of 4.5 % during the forecast period. Welding consumables are materials that are used in the welding process and end up as a constituent of the finished weld. These are electrodes, filler metals, fluxes and shielding gases. They are all equally important in the production of quality and quality welds. Electrodes can be seen as those that are consumed by melting later in the weld. Non-consumable electrodes, on the other hand, do not undergo melting but are simply used to assist in the welding procedure. Welding wires or rods that have the same or similar composition to the materials that are being joined are also added to fill the joint. Fluxes are used to clean and deoxidize the metal during welding while shielding gases restrict the access of atmospheric gases to the weld zone. Welding consumables are divided into different groups according to their chemical composition and melting point as well as their capabilities for certain materials and welding methods. They are used in many industries such as construction, automotive, aerospace and manufacturing due to their positive characteristics which are high quality of the weld and increased efficiency as well as enhanced mechanical properties of the welded joints.

Welding Consumables Market Research Report - Market Size, Growth & Forecast

Welding Consumables Trends

  • Increased adoption of advanced welding techniques
  • Growing demand from emerging economies
  • Focus on automation and efficiency

Driving Forces: What's Propelling the Welding Consumables Market

  • Soaring demand for welding consumables in construction, automotive, and industrial applications
  • Growing need for high-performance and efficient welding consumables
  • Government initiatives aimed at accelerating infrastructure development
  • Increasing focus on sustainability and environmental regulations
  • Advancements in welding technology, such as automation and robotics, driving demand for specialized consumables

Challenges and Restraints in Welding Consumables Market

  • Stringent government regulations and environmental concerns
  • Fluctuating raw material prices
  • Competition from low-cost manufacturers in emerging economies

Emerging Trends in Welding Consumables

  • Adoption of smart welding systems
  • Use of advanced materials and alloys in welding consumables
  • Growing demand for sustainable welding processes

Growth Catalysts in the Welding Consumables Industry

Welding Consumables Market Growth

  • Technological advancements and innovation in welding equipment
  • Increasing focus on safety and health measures
  • Rising awareness about the importance of quality welding consumables

Market Segmentation: Welding Consumables Analysis

Type:

  • Stick Electrodes
  • Solid Wires
  • Flux-cored Wires
  • SAW Wires & Fluxes

Welding Technique:

  • Arc Welding
  • Resistance Welding
  • Oxy-fuel Welding
  • Solid State Welding
  • Others (Electron Beam Welding)

Application:

  • Automotive
  • Building & Construction
  • Heavy Engineering
  • Railway & Shipbuilding
  • Oil & Gas
  • Others (Aerospace and industry developments)

Leading Players in the Welding Consumables Market

  • Lincoln Electric (U.S.) 
  • KOBE STEEL, LTD (Japan) 
  • ESAB (U.S.) 
  • CS HOLDINGS CO., LTD. (Korea) 
  • Hyundai Welding Co., Ltd (U.S.) 
  • Panasonic Corporation (U.S.) 
  • Fronius International GmbH (Austria) 
  • RME MIDDLE EAST (UAE) 
  • voestalpine BÖHLER Edelstahl GmbH (Austria) 
  • Tianjin Golden Bridge Welding Materials Group International Trading Co., Ltd. (China) 

Significant Developments in the Welding Consumables Sector

  • Lincoln Electric acquires Harris Products Group
  • ESAB launches new range of stainless steel welding consumables
  • Fronius introduces a new generation of welding inverters

Comprehensive Coverage Welding Consumables Market Report

The comprehensive report offers a detailed analysis of the global welding consumables market, covering the following aspects:

  • Market size, growth rate, and forecast
  • Segmentation by type (electrodes, wires, fluxes, and others), welding technique, and application
  • Competitive landscape, including key market players and their strategies
  • Emerging trends and key growth drivers
  • Growth opportunities and challenges
  • Regional analysis, highlighting major markets and their dynamics
  • Strategic recommendations for industry stakeholders

Regional Insight

Welding Consumables Market Regional Share

The Asia-Pacific region continues to dominate the welding consumables market, followed by Europe and North America. China remains the largest consumer due to its rapid industrialization and infrastructural development. Emerging markets in the Middle East and Africa are expected to witness significant growth, driven by increasing investment in infrastructure and construction projects. Additionally, the growing adoption of welding consumables in the shipbuilding and offshore industries is expected to boost demand in these regions.

Welding Consumables Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5% from 2018-2032
Segmentation
  • By Type
    • Stick Electrodes
    • Solid Wires
    • Flux-cored Wires
    • and SAW Wires & Fluxes
  • By Welding Technique
    • Arc Welding
    • Resistance Welding
    • Oxy-fuel Welding
    • Solid State Welding
    • and Others (Electron Beam Welding
  • By Application
    • Automotive
    • Building & Construction
    • Heavy Engineering
    • Railway & Shipbuilding
    • Oil & Gas
    • and Others (Aerospace
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Spain
    • Nordics
    • Benelux
    • Rest of Europe
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of Middle East Africa
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • South East Asia
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of South America

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Volatility in Supply of Raw Materials to Hinder Market Growth
      • 3.4. Market Trends
        • 3.4.1. Technological Advancement in Equipment to Propel Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 5.1. Market Analysis, Insights and Forecast - By Type
        • 5.1.1 Stick Electrodes
        • 5.1.2 Solid Wires
        • 5.1.3 Flux-cored Wires
        • 5.1.4 and SAW Wires & Fluxes
      • 5.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 5.2.1 Arc Welding
        • 5.2.2 Resistance Welding
        • 5.2.3 Oxy-fuel Welding
        • 5.2.4 Solid State Welding
        • 5.2.5 and Others (Electron Beam Welding
      • 5.3. Market Analysis, Insights and Forecast - By Application
        • 5.3.1 Automotive
        • 5.3.2 Building & Construction
        • 5.3.3 Heavy Engineering
        • 5.3.4 Railway & Shipbuilding
        • 5.3.5 Oil & Gas
        • 5.3.6 and Others (Aerospace
      • 5.4. Market Analysis, Insights and Forecast - By Region
        • 5.4.1 North America
        • 5.4.2 Europe
        • 5.4.3 Middle East & Africa
        • 5.4.4 Asia Pacific
        • 5.4.5 Latin America
  6. 6. North America Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Type
        • 6.1.1 Stick Electrodes
        • 6.1.2 Solid Wires
        • 6.1.3 Flux-cored Wires
        • 6.1.4 and SAW Wires & Fluxes
      • 6.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 6.2.1 Arc Welding
        • 6.2.2 Resistance Welding
        • 6.2.3 Oxy-fuel Welding
        • 6.2.4 Solid State Welding
        • 6.2.5 and Others (Electron Beam Welding
      • 6.3. Market Analysis, Insights and Forecast - By Application
        • 6.3.1 Automotive
        • 6.3.2 Building & Construction
        • 6.3.3 Heavy Engineering
        • 6.3.4 Railway & Shipbuilding
        • 6.3.5 Oil & Gas
        • 6.3.6 and Others (Aerospace
      • 6.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.4.1 United States
        • 6.4.2 Canada
        • 6.4.3 Mexico
  7. 7. Europe Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Type
        • 7.1.1 Stick Electrodes
        • 7.1.2 Solid Wires
        • 7.1.3 Flux-cored Wires
        • 7.1.4 and SAW Wires & Fluxes
      • 7.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 7.2.1 Arc Welding
        • 7.2.2 Resistance Welding
        • 7.2.3 Oxy-fuel Welding
        • 7.2.4 Solid State Welding
        • 7.2.5 and Others (Electron Beam Welding
      • 7.3. Market Analysis, Insights and Forecast - By Application
        • 7.3.1 Automotive
        • 7.3.2 Building & Construction
        • 7.3.3 Heavy Engineering
        • 7.3.4 Railway & Shipbuilding
        • 7.3.5 Oil & Gas
        • 7.3.6 and Others (Aerospace
      • 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.4.1 Germany
        • 7.4.2 France
        • 7.4.3 Italy
        • 7.4.4 United Kingdom
        • 7.4.5 Spain
        • 7.4.6 Nordics
        • 7.4.7 Benelux
        • 7.4.8 Rest of Europe
  8. 8. Middle East & Africa Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Type
        • 8.1.1 Stick Electrodes
        • 8.1.2 Solid Wires
        • 8.1.3 Flux-cored Wires
        • 8.1.4 and SAW Wires & Fluxes
      • 8.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 8.2.1 Arc Welding
        • 8.2.2 Resistance Welding
        • 8.2.3 Oxy-fuel Welding
        • 8.2.4 Solid State Welding
        • 8.2.5 and Others (Electron Beam Welding
      • 8.3. Market Analysis, Insights and Forecast - By Application
        • 8.3.1 Automotive
        • 8.3.2 Building & Construction
        • 8.3.3 Heavy Engineering
        • 8.3.4 Railway & Shipbuilding
        • 8.3.5 Oil & Gas
        • 8.3.6 and Others (Aerospace
      • 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.4.1 UAE
        • 8.4.2 South Africa
        • 8.4.3 Saudi Arabia
        • 8.4.4 Rest of Middle East Africa
  9. 9. Asia Pacific Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Type
        • 9.1.1 Stick Electrodes
        • 9.1.2 Solid Wires
        • 9.1.3 Flux-cored Wires
        • 9.1.4 and SAW Wires & Fluxes
      • 9.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 9.2.1 Arc Welding
        • 9.2.2 Resistance Welding
        • 9.2.3 Oxy-fuel Welding
        • 9.2.4 Solid State Welding
        • 9.2.5 and Others (Electron Beam Welding
      • 9.3. Market Analysis, Insights and Forecast - By Application
        • 9.3.1 Automotive
        • 9.3.2 Building & Construction
        • 9.3.3 Heavy Engineering
        • 9.3.4 Railway & Shipbuilding
        • 9.3.5 Oil & Gas
        • 9.3.6 and Others (Aerospace
      • 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.4.1 China
        • 9.4.2 Japan
        • 9.4.3 India
        • 9.4.4 South Korea
        • 9.4.5 Taiwan
        • 9.4.6 South East Asia
        • 9.4.7 Australia
        • 9.4.8 Rest of Asia-Pacific
  10. 10. Latin America Welding Consumables Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Type
        • 10.1.1 Stick Electrodes
        • 10.1.2 Solid Wires
        • 10.1.3 Flux-cored Wires
        • 10.1.4 and SAW Wires & Fluxes
      • 10.2. Market Analysis, Insights and Forecast - By Welding Technique
        • 10.2.1 Arc Welding
        • 10.2.2 Resistance Welding
        • 10.2.3 Oxy-fuel Welding
        • 10.2.4 Solid State Welding
        • 10.2.5 and Others (Electron Beam Welding
      • 10.3. Market Analysis, Insights and Forecast - By Application
        • 10.3.1 Automotive
        • 10.3.2 Building & Construction
        • 10.3.3 Heavy Engineering
        • 10.3.4 Railway & Shipbuilding
        • 10.3.5 Oil & Gas
        • 10.3.6 and Others (Aerospace
      • 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.4.1 Brazil
        • 10.4.2 Argentina
        • 10.4.3 Rest of South America
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Lincoln Electric (U.S.)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 KOBE STEEL LTD (Japan)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 ESAB (U.S.)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 CS HOLDINGS CO. LTD. (Korea)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Hyundai Welding Co. Ltd (U.S.)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Panasonic Corporation (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Fronius International GmbH (Austria)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 RME MIDDLE EAST (UAE)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 voestalpine BÖHLER Edelstahl GmbH (Austria)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Tianjin Golden Bridge Welding Materials Group International Trading Co. Ltd. (China)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Welding Consumables Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Welding Consumables Market Volume Breakdown (K Units, %) by Region 2023 & 2031
  3. Figure 3: Global Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  4. Figure 4: Global Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  5. Figure 5: Global Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  6. Figure 6: Global Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  7. Figure 7: Global Welding Consumables Market Forecast (USD Billion), by Stick Electrodes 2020 & 2031
  8. Figure 8: Global Welding Consumables Market Forecast (K Units), by Stick Electrodes 2020 & 2031
  9. Figure 9: Global Welding Consumables Market Forecast (USD Billion), by Solid Wires 2020 & 2031
  10. Figure 10: Global Welding Consumables Market Forecast (K Units), by Solid Wires 2020 & 2031
  11. Figure 11: Global Welding Consumables Market Forecast (USD Billion), by Flux-cored Wires 2020 & 2031
  12. Figure 12: Global Welding Consumables Market Forecast (K Units), by Flux-cored Wires 2020 & 2031
  13. Figure 13: Global Welding Consumables Market Forecast (USD Billion), by and SAW Wires & Fluxes 2020 & 2031
  14. Figure 14: Global Welding Consumables Market Forecast (K Units), by and SAW Wires & Fluxes 2020 & 2031
  15. Figure 15: Global Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  16. Figure 16: Global Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  17. Figure 17: Global Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  18. Figure 18: Global Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  19. Figure 19: Global Welding Consumables Market Forecast (USD Billion), by Arc Welding 2020 & 2031
  20. Figure 20: Global Welding Consumables Market Forecast (K Units), by Arc Welding 2020 & 2031
  21. Figure 21: Global Welding Consumables Market Forecast (USD Billion), by Resistance Welding 2020 & 2031
  22. Figure 22: Global Welding Consumables Market Forecast (K Units), by Resistance Welding 2020 & 2031
  23. Figure 23: Global Welding Consumables Market Forecast (USD Billion), by Oxy-fuel Welding 2020 & 2031
  24. Figure 24: Global Welding Consumables Market Forecast (K Units), by Oxy-fuel Welding 2020 & 2031
  25. Figure 25: Global Welding Consumables Market Forecast (USD Billion), by Solid State Welding 2020 & 2031
  26. Figure 26: Global Welding Consumables Market Forecast (K Units), by Solid State Welding 2020 & 2031
  27. Figure 27: Global Welding Consumables Market Forecast (USD Billion), by and Others (Electron Beam Welding 2020 & 2031
  28. Figure 28: Global Welding Consumables Market Forecast (K Units), by and Others (Electron Beam Welding 2020 & 2031
  29. Figure 29: Global Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  30. Figure 30: Global Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  31. Figure 31: Global Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  32. Figure 32: Global Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  33. Figure 33: Global Welding Consumables Market Forecast (USD Billion), by Automotive 2020 & 2031
  34. Figure 34: Global Welding Consumables Market Forecast (K Units), by Automotive 2020 & 2031
  35. Figure 35: Global Welding Consumables Market Forecast (USD Billion), by Building & Construction 2020 & 2031
  36. Figure 36: Global Welding Consumables Market Forecast (K Units), by Building & Construction 2020 & 2031
  37. Figure 37: Global Welding Consumables Market Forecast (USD Billion), by Heavy Engineering 2020 & 2031
  38. Figure 38: Global Welding Consumables Market Forecast (K Units), by Heavy Engineering 2020 & 2031
  39. Figure 39: Global Welding Consumables Market Forecast (USD Billion), by Railway & Shipbuilding 2020 & 2031
  40. Figure 40: Global Welding Consumables Market Forecast (K Units), by Railway & Shipbuilding 2020 & 2031
  41. Figure 41: Global Welding Consumables Market Forecast (USD Billion), by Oil & Gas 2020 & 2031
  42. Figure 42: Global Welding Consumables Market Forecast (K Units), by Oil & Gas 2020 & 2031
  43. Figure 43: Global Welding Consumables Market Forecast (USD Billion), by and Others (Aerospace 2020 & 2031
  44. Figure 44: Global Welding Consumables Market Forecast (K Units), by and Others (Aerospace 2020 & 2031
  45. Figure 45: Global Welding Consumables Market Revenue (USD Billion), by Region 2023 & 2031
  46. Figure 46: Global Welding Consumables Market Volume (K Units), by Region 2023 & 2031
  47. Figure 47: Global Welding Consumables Market Revenue Share (%), by Region 2023 & 2031
  48. Figure 48: Global Welding Consumables Market Volume Share (%), by Region 2023 & 2031
  49. Figure 49: North America Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  50. Figure 50: North America Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  51. Figure 51: North America Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  52. Figure 52: North America Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  53. Figure 53: North America Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  54. Figure 54: North America Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  55. Figure 55: North America Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  56. Figure 56: North America Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  57. Figure 57: North America Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  58. Figure 58: North America Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  59. Figure 59: North America Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  60. Figure 60: North America Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  61. Figure 61: North America Welding Consumables Market Revenue (USD Billion), by Country 2023 & 2031
  62. Figure 62: North America Welding Consumables Market Volume (K Units), by Country 2023 & 2031
  63. Figure 63: North America Welding Consumables Market Revenue Share (%), by Country 2023 & 2031
  64. Figure 64: North America Welding Consumables Market Volume Share (%), by Country 2023 & 2031
  65. Figure 65: Europe Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  66. Figure 66: Europe Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  67. Figure 67: Europe Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  68. Figure 68: Europe Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  69. Figure 69: Europe Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  70. Figure 70: Europe Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  71. Figure 71: Europe Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  72. Figure 72: Europe Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  73. Figure 73: Europe Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  74. Figure 74: Europe Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  75. Figure 75: Europe Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  76. Figure 76: Europe Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  77. Figure 77: Europe Welding Consumables Market Revenue (USD Billion), by Country 2023 & 2031
  78. Figure 78: Europe Welding Consumables Market Volume (K Units), by Country 2023 & 2031
  79. Figure 79: Europe Welding Consumables Market Revenue Share (%), by Country 2023 & 2031
  80. Figure 80: Europe Welding Consumables Market Volume Share (%), by Country 2023 & 2031
  81. Figure 81: Middle East & Africa Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  82. Figure 82: Middle East & Africa Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  83. Figure 83: Middle East & Africa Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  84. Figure 84: Middle East & Africa Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  85. Figure 85: Middle East & Africa Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  86. Figure 86: Middle East & Africa Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  87. Figure 87: Middle East & Africa Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  88. Figure 88: Middle East & Africa Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  89. Figure 89: Middle East & Africa Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  90. Figure 90: Middle East & Africa Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  91. Figure 91: Middle East & Africa Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  92. Figure 92: Middle East & Africa Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  93. Figure 93: Middle East & Africa Welding Consumables Market Revenue (USD Billion), by Country 2023 & 2031
  94. Figure 94: Middle East & Africa Welding Consumables Market Volume (K Units), by Country 2023 & 2031
  95. Figure 95: Middle East & Africa Welding Consumables Market Revenue Share (%), by Country 2023 & 2031
  96. Figure 96: Middle East & Africa Welding Consumables Market Volume Share (%), by Country 2023 & 2031
  97. Figure 97: Asia Pacific Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  98. Figure 98: Asia Pacific Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  99. Figure 99: Asia Pacific Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  100. Figure 100: Asia Pacific Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  101. Figure 101: Asia Pacific Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  102. Figure 102: Asia Pacific Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  103. Figure 103: Asia Pacific Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  104. Figure 104: Asia Pacific Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  105. Figure 105: Asia Pacific Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  106. Figure 106: Asia Pacific Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  107. Figure 107: Asia Pacific Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  108. Figure 108: Asia Pacific Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  109. Figure 109: Asia Pacific Welding Consumables Market Revenue (USD Billion), by Country 2023 & 2031
  110. Figure 110: Asia Pacific Welding Consumables Market Volume (K Units), by Country 2023 & 2031
  111. Figure 111: Asia Pacific Welding Consumables Market Revenue Share (%), by Country 2023 & 2031
  112. Figure 112: Asia Pacific Welding Consumables Market Volume Share (%), by Country 2023 & 2031
  113. Figure 113: Latin America Welding Consumables Market Revenue (USD Billion), by Type 2023 & 2031
  114. Figure 114: Latin America Welding Consumables Market Volume (K Units), by Type 2023 & 2031
  115. Figure 115: Latin America Welding Consumables Market Revenue Share (%), by Type 2023 & 2031
  116. Figure 116: Latin America Welding Consumables Market Volume Share (%), by Type 2023 & 2031
  117. Figure 117: Latin America Welding Consumables Market Revenue (USD Billion), by Welding Technique 2023 & 2031
  118. Figure 118: Latin America Welding Consumables Market Volume (K Units), by Welding Technique 2023 & 2031
  119. Figure 119: Latin America Welding Consumables Market Revenue Share (%), by Welding Technique 2023 & 2031
  120. Figure 120: Latin America Welding Consumables Market Volume Share (%), by Welding Technique 2023 & 2031
  121. Figure 121: Latin America Welding Consumables Market Revenue (USD Billion), by Application 2023 & 2031
  122. Figure 122: Latin America Welding Consumables Market Volume (K Units), by Application 2023 & 2031
  123. Figure 123: Latin America Welding Consumables Market Revenue Share (%), by Application 2023 & 2031
  124. Figure 124: Latin America Welding Consumables Market Volume Share (%), by Application 2023 & 2031
  125. Figure 125: Latin America Welding Consumables Market Revenue (USD Billion), by Country 2023 & 2031
  126. Figure 126: Latin America Welding Consumables Market Volume (K Units), by Country 2023 & 2031
  127. Figure 127: Latin America Welding Consumables Market Revenue Share (%), by Country 2023 & 2031
  128. Figure 128: Latin America Welding Consumables Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  2. Table 2: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  3. Table 3: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  4. Table 4: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  5. Table 5: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  6. Table 6: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  7. Table 7: Global Welding Consumables Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Welding Consumables Market Volume K Units Forecast, by Region 2018 & 2031
  9. Table 9: Global Welding Consumables Market Revenue USD Billion Forecast, by Region 2018 & 2031
  10. Table 10: Global Welding Consumables Market Volume K Units Forecast, by Region 2018 & 2031
  11. Table 11: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  12. Table 12: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  13. Table 13: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  14. Table 14: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  15. Table 15: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  16. Table 16: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  17. Table 17: Global Welding Consumables Market Revenue USD Billion Forecast, by Country 2018 & 2031
  18. Table 18: Global Welding Consumables Market Volume K Units Forecast, by Country 2018 & 2031
  19. Table 19: United States Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: United States Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  21. Table 21: Canada Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Canada Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  23. Table 23: Mexico Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  24. Table 24: Mexico Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  25. Table 25: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  26. Table 26: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  27. Table 27: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  28. Table 28: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  29. Table 29: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  30. Table 30: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  31. Table 31: Global Welding Consumables Market Revenue USD Billion Forecast, by Country 2018 & 2031
  32. Table 32: Global Welding Consumables Market Volume K Units Forecast, by Country 2018 & 2031
  33. Table 33: Germany Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  34. Table 34: Germany Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  35. Table 35: France Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  36. Table 36: France Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  37. Table 37: Italy Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  38. Table 38: Italy Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  39. Table 39: United Kingdom Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: United Kingdom Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  41. Table 41: Spain Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Spain Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  43. Table 43: Nordics Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Nordics Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  45. Table 45: Benelux Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  46. Table 46: Benelux Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  47. Table 47: Rest of Europe Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  48. Table 48: Rest of Europe Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  49. Table 49: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  50. Table 50: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  51. Table 51: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  52. Table 52: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  53. Table 53: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  54. Table 54: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  55. Table 55: Global Welding Consumables Market Revenue USD Billion Forecast, by Country 2018 & 2031
  56. Table 56: Global Welding Consumables Market Volume K Units Forecast, by Country 2018 & 2031
  57. Table 57: UAE Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: UAE Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  59. Table 59: South Africa Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: South Africa Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  61. Table 61: Saudi Arabia Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: Saudi Arabia Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  63. Table 63: Rest of Middle East Africa Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Rest of Middle East Africa Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  65. Table 65: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  66. Table 66: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  67. Table 67: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  68. Table 68: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  69. Table 69: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  70. Table 70: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  71. Table 71: Global Welding Consumables Market Revenue USD Billion Forecast, by Country 2018 & 2031
  72. Table 72: Global Welding Consumables Market Volume K Units Forecast, by Country 2018 & 2031
  73. Table 73: China Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: China Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  75. Table 75: Japan Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: Japan Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  77. Table 77: India Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: India Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  79. Table 79: South Korea Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: South Korea Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  81. Table 81: Taiwan Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Taiwan Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  83. Table 83: South East Asia Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: South East Asia Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  85. Table 85: Australia Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  86. Table 86: Australia Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  87. Table 87: Rest of Asia-Pacific Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  88. Table 88: Rest of Asia-Pacific Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  89. Table 89: Global Welding Consumables Market Revenue USD Billion Forecast, by Type 2018 & 2031
  90. Table 90: Global Welding Consumables Market Volume K Units Forecast, by Type 2018 & 2031
  91. Table 91: Global Welding Consumables Market Revenue USD Billion Forecast, by Welding Technique 2018 & 2031
  92. Table 92: Global Welding Consumables Market Volume K Units Forecast, by Welding Technique 2018 & 2031
  93. Table 93: Global Welding Consumables Market Revenue USD Billion Forecast, by Application 2018 & 2031
  94. Table 94: Global Welding Consumables Market Volume K Units Forecast, by Application 2018 & 2031
  95. Table 95: Global Welding Consumables Market Revenue USD Billion Forecast, by Country 2018 & 2031
  96. Table 96: Global Welding Consumables Market Volume K Units Forecast, by Country 2018 & 2031
  97. Table 97: Brazil Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  98. Table 98: Brazil Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  99. Table 99: Argentina Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  100. Table 100: Argentina Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
  101. Table 101: Rest of South America Welding Consumables Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  102. Table 102: Rest of South America Welding Consumables Market Volume (K Units) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5% from 2018-2032
Segmentation
  • By Type
    • Stick Electrodes
    • Solid Wires
    • Flux-cored Wires
    • and SAW Wires & Fluxes
  • By Welding Technique
    • Arc Welding
    • Resistance Welding
    • Oxy-fuel Welding
    • Solid State Welding
    • and Others (Electron Beam Welding
  • By Application
    • Automotive
    • Building & Construction
    • Heavy Engineering
    • Railway & Shipbuilding
    • Oil & Gas
    • and Others (Aerospace
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Spain
    • Nordics
    • Benelux
    • Rest of Europe
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of Middle East Africa
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • South East Asia
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of South America

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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