PUBLISHER: QYResearch | PRODUCT CODE: 1862236
PUBLISHER: QYResearch | PRODUCT CODE: 1862236
The global market for Welding Consumables was estimated to be worth US$ 12749 million in 2024 and is forecast to a readjusted size of US$ 15574 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Welding Consumables cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Welding Materials production reached approximately 8884 K Tonnes, with an average global market price of around US$ 1435 Tonne. Welding consumables refer to all materials and tools used in the welding process, including electrodes, wires, fluxes, and other consumable items. They are classified based on their composition and intended use, such as tubular cored electrodes for high-strength steel welding.
The demand for laser welding consumables has soared.
The compound growth rate of hybrid laser welding technology is 9.59%. The global market size will reach 460 million US dollars in 2024 and will exceed 1.15 billion US dollars by 2034, driving the demand for high-precision welding wires and special protective gases.
The wall thickness of precision cold-rolled welded pipes has exceeded the limit of 0.1mm. The penetration of scenarios such as new energy vehicle battery shells and hydrogen fuel bipolar plates is accelerating. The market size of related consumables is expected to exceed 2.5 billion yuan in 2025.
Integration of intelligence and automation
Visual sensing and AI algorithms enable the detection rate of welding defects to reach 99.97%, driving the proportion of consumables suitable for automated production lines to increase, such as core-wire welding rods and self-protective fluxes.
The penetration rate of welding robots will reach 58% in 2025, promoting the growth of continuous supply systems for welding wires and low-splash consumables.
Acceleration of green and low-carbon transformation
Environmental protection material research: The proportion of copper-free welding wires and low-smoke core-wire welding rods has increased, and policies are promoting stricter emission reduction standards for welding smoke.
Energy-saving process application: The laser-electric arc composite welding technology reduces energy consumption by 30%, promoting the establishment of a green certification system for supporting consumables.
Challenges and breakthrough directions
High-end dependence: Nickel-based welding wires and special fluxes for aviation and nuclear power still rely on imports, with the domesticization rate being less than 30%.
Cost pressure: The price of raw materials such as rare earth alloys has risen, forcing enterprises to develop low-cost alternative materials (such as manganese-based fluxes).
This report aims to provide a comprehensive presentation of the global market for Welding Consumables, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Welding Consumables by region & country, by Type, and by Application.
The Welding Consumables market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Welding Consumables.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Welding Consumables manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Welding Consumables in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Welding Consumables in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.