Welding is a fabrication process which is used to join two or more parts of similar material properties such as metals or thermoplastic using high temperature heat, which is used to melt the parts and are allowed to cool causing fusion. In welding process the part which are joint together are called parent material and the material used to join these parent material is called as filler. Welding consumables find wide range of application in automotive, construction and marine industries among other to joint several metal part together. Moreover, welding consumables
Market Dynamics
Growing automobile and construction industry across the global is expected to drive the market growth during the forecasted period (2019-2030). 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$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 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
- 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
- Europe
- Germany
- Itlay
- U.K.
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Voestalpine AG *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- 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
"*" marked represents similar segmentation in other categories in the respective section.