Welding Consumables Market, By Welding Consumables, By Welding Technique, By Application, By Region

Description

Welding Consumables Market is estimated to be valued at USD 18.85 Bn in 2025 and is expected to reach USD 27.97 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 18.85 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	5.80%	2032 Value Projection:	USD 27.97 Bn

Welding is a fabrication technique employed to unite two or more parts made of materials with similar properties, such as metals or thermoplastics, by subjecting them to high temperatures that melt the components and enable fusion upon cooling. Within the welding process, the components being joined are referred to as the parent material, while the material used to facilitate the joining is known as the filler. Welding consumables play a pivotal role in numerous industries, including automotive, construction, and marine sectors, among others, as they are extensively utilized to effectively connect multiple metal parts together.

Market Dynamics:

Growing automobile and construction industry across the global is expected to drive the market growth during the forecasted period 2025-2032. As Welding is one of the essential processes used in construction and automobile industry where different types of welding such as arc welding, laser beam welding, friction welding, resistance welding, and ultrasonic welding are used to join the metal components such as doors, roofs among other of a vehicles as the vehicles parts are manufacturers separately and are joint together to build a whole vehicle using welding process. Furthermore, growing number of solar plats across the globe also affected the market positively as to setup a solar plant the solar panels are too we welded with the solar stand which will also help the market to grow during the forecasted period.

Key features of the study:

This report provides an in-depth analysis of global welding consumables market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023 to 2030), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global welding consumables market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Voestalpine AG, Arcon Welding Equipment, Colfax Corporation, Kemppi Oy, The Lincoln Electric Company, Tianjin Bridge Welding Materials Co., Ltd., Air Liquide, Fronius International GmbH, Hyundai Welding Co., Ltd., Denyo Co., Ltd., Obara Corporation, Illinois Tool Works Inc., Panasonic Corporation, and others
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global welding consumables market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global welding consumables market.

Detailed Segmentation:

Global Welding Consumables Market, By Welding Consumables:
- Stick Electrodes
- Solid Wires
- Flux Cored Wires
- SAW Wires & Fluxes
- Others
Global Welding Consumables Market, By Welding Technique:
- Arc Welding
- Resistance Welding
- Oxy-Fuel Welding
- Laser-Beam Welding
- Ultrasonic Welding
- Others
Global Welding Consumables Market, By Application:
- Automotive & Transportation
- Building & Construction
- Marine Applications
- Others
Global Welding Consumables Market, By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Company Profiles:
- Voestalpine AG
- Arcon Welding Equipment
- Colfax Corporation
- Kemppi Oy
- The Lincoln Electric Company
- Tianjin Bridge Welding Materials Co., Ltd.
- Air Liquide
- Fronius International GmbH
- Hyundai Welding Co., Ltd.
- Denyo Co., Ltd.
- Obara Corporation
- Illinois Tool Works Inc
- Panasonic Corporation
- Others

Product Code: CMI3252

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Welding Consumables
- Market Snippet, By Welding Technique
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
  - Adoption Of IoT
  - Technological Advancements
- Restraints
  - Environmental regulations
  - Safety concerns
- Opportunities
Rapid Industrialization is Driving the need for Welding Consumable
Industrial Manufacturing
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Welding Consumable Market, By Welding Consumables, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Stick Electrodes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Solid Wires
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Flux Cored Wires
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
SAW Wires & Fluxes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

5. Global Welding Consumable Market, By Welding Technique, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Arc Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Resistance Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Oxy-Fuel Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Laser-Beam Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Ultrasonic Welding
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

6. Global Welding Consumable Market, By Application, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Automotive & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Building & Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Marine Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

7. Global Welding Consumable Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021-2032
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Welding Consumables, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technique, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn)
  - U.S.
  - Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Welding Consumables, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technique, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn)
  - U.K.
  - Germany
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Welding Consumables, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technique, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Welding Consumables, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technique, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Welding Consumables, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Welding Technique, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn)
  - South Africa
  - GCC Countries
  - Rest of the Middle East and Africa

8. Competitive Landscape

Voestalpine AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Arcon Welding Equipment
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Colfax Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kemppi Oy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Tianjin Bridge Welding Materials Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Air Liquide
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Fronius International GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hyundai Welding Co., Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Denyo Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Obara Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Illinois Tool Works Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
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