Welding Products Global Market Report 2026

Welding products encompass materials or consumables employed in the welding process to fabricate parts and finished products across diverse industries. These products utilize a filler material in welding, facilitating the joining of metals like stainless steel, aluminum, nickel, copper alloys, cobalt, and titanium.

The primary types of welding products include stick electrodes, solid wires, flux-cored wires, saw wires and fluxes, and others. Stick electrodes are consumables utilized for repair work, known for being self-shielded and reducing the need for additional equipment. Various technologies, such as arc welding, resistance welding, oxy-fuel welding, laser beam welding, and others, are employed in the welding process. This is implemented across verticals like the automobile and transportation sector, building and construction, marine, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on welding products and consumables have disrupted supply chains and increased costs for arc, resistance, and flux cored welding segments, particularly impacting automotive, construction, and marine industries in asia-pacific, europe, and north america. While adoption in some regions has slowed, tariffs have also encouraged local manufacturing, innovation in high-efficiency consumables, and cost-optimized production of welding rods and wires.

The welding products market research report is one of a series of new reports from The Business Research Company that provides welding products market statistics, including welding products industry global market size, regional shares, competitors with a welding products market share, detailed welding products market segments, market trends and opportunities, and any further data you may need to thrive in the welding products industry. This welding products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The welding products market size has grown strongly in recent years. It will grow from $17.26 billion in 2025 to $18.46 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rising automotive and transportation production, growing infrastructure and construction projects, early adoption of arc and resistance welding technologies, increasing use of stainless steel and mild steel electrodes, demand for higher efficiency and consistent welding products.

The welding products market size is expected to see strong growth in the next few years. It will grow to $23.88 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to advancements in flux cored and submerged arc welding (saw) technologies, increasing use of welding products in marine and offshore projects, rising demand for energy-efficient and eco-friendly consumables, growth in automated and semi-automated welding processes, adoption of high-quality wires and electrodes for specialty metals. Major trends in the forecast period include growing adoption of stick electrodes and solid wires, increasing use of flux cored and saw wires, expansion in automotive and transportation applications, rising demand in building and construction sector, enhanced material quality and standardization.

The anticipated rapid growth in the construction sector is poised to drive the welding products market during the forecast period. The construction sector, encompassing diverse activities such as infrastructure development, building construction, and maintenance, extensively relies on welding for fabricating structural frameworks from metal components. The use of welding is prevalent in joining trusses, steel I-beams, columns, and footers, which are crucial elements in supporting a building's walls, roof, and floors. For example, projections from the Intercontinental Exchange (ICE), a US-based technology company, suggest that the global construction sector is expected to reach $8 trillion by 2030. Hence, the swift expansion of the construction sector is a key factor propelling the growth of the welding products market.

Major companies in the welding products market are strategically focusing on the development of robotic welding products to strengthen their market position and expand their product offerings. Robotic welding products, characterized by automated systems utilizing robots for welding operations, offer improved precision and efficiency in manufacturing processes. For instance, Kemppi Oy, a Finland-based welding company, unveiled the Kemppi AX MIG Welder in April 2023, a robust robotic welding system designed for seamless integration, user-friendly operation, and advanced welding technology, specifically tailored for high-demand, continuous, and automated welding applications.

In June 2025, ESAB Corporation, a U.S.-based manufacturer of industrial welding equipment and consumables, reached an agreement to acquire EWM GmbH for approximately €275 million (around $317 million USD). This acquisition is aimed at expanding ESAB's global welding equipment portfolio, with a focus on heavy industrial welding systems and advanced automation, while also enhancing its technological capabilities and broadening its market presence in Europe and beyond. EWM GmbH, a Germany-based leader in premium arc welding technology, provides high-quality welding machines, components, torches, consumables, and accessories for both manual and automated welding applications.

Major companies operating in the welding products market report are The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works Inc., Kemppi Oyj, Kiswel Inc., Obara Corporation, Senor Metals Pvt. Ltd., Tianjin Bridge Welding Materials Co. Ltd., Elektriska Svetsnings-Aktiebolaget, Ador Welding Ltd., Panasonic Life Solutions India Pvt. Ltd., Rofin-Sinar Technologies Inc., Sonics & Materials Inc., Fronius International GmbH, Daihen Corporation, Voestalpine AG, Arcon Welding Products Private Limited, Air Liquide SA, Carl Cloos Schweisstechnik GmbH, OTC DAIHEN Inc., Mitco Weld Products Pvt. Ltd., voestalpine Bohler Welding Group GmbH, Miller Electric Mfg. Co., GCE Group Ltd., EWM AG, Kjellberg Finsterwalde Plasma und Maschinen GmbH, Lincoln Electric Holdings Inc., FZE Manufacturing Solutions LLC, Copelands Inc., Harvan Manufacturing Ltd., Kooima Company, PT Tech LLC, William L Bonnell Company Inc., Pexco LLC, Arcair Appliance Industrial Co. Ltd., Harris Calorific Inc.

Asia-Pacific was the largest region in the welding products market in 2025. The regions covered in the welding products market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the welding products market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The welding products market consists of sales of filler metals, TIG torches, ground clamps, and welding cables. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Welding Products Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses welding products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for welding products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The welding products market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Stick Electrodes; Solid Wires; Flux Cored Wires; Saw Wires And fluxes; Other Products
• 2) By Technology: Arc Welding; Resistance Welding; Oxy Fuel Welding; Laser Beam Welding; Other Technologies
• 3) By Application: Automotive And Transportation; Building And Construction; Marine; Other Applications
• Subsegments:
• 1) By Stick Electrodes: Mild Steel Electrodes; Stainless Steel Electrodes; Cast Iron Electrodes
• 2) By Solid Wires: ER70S-6 Wires; Stainless Steel Solid Wires
• 3) By Flux Cored Wires: Gas-Shielded Flux Cored Wires; Self-Shielded Flux Cored Wires
• 4) By Submerged Arc Welding (SAW) Wires And Fluxes: Submerged Arc Welding (SAW) Wires; Submerged Arc Welding (SAW) Fluxes
• 5) By Other Products: Welding Rods; Welding Accessories
• Companies Mentioned: The Lincoln Electric Company; Colfax Corporation; Illinois Tool Works Inc.; Kemppi Oyj; Kiswel Inc.; Obara Corporation; Senor Metals Pvt. Ltd.; Tianjin Bridge Welding Materials Co. Ltd.; Elektriska Svetsnings-Aktiebolaget; Ador Welding Ltd.; Panasonic Life Solutions India Pvt. Ltd.; Rofin-Sinar Technologies Inc.; Sonics & Materials Inc.; Fronius International GmbH; Daihen Corporation; Voestalpine AG; Arcon Welding Products Private Limited; Air Liquide SA; Carl Cloos Schweisstechnik GmbH; OTC DAIHEN Inc.; Mitco Weld Products Pvt. Ltd.; voestalpine Bohler Welding Group GmbH; Miller Electric Mfg. Co.; GCE Group Ltd.; EWM AG; Kjellberg Finsterwalde Plasma und Maschinen GmbH; Lincoln Electric Holdings Inc.; FZE Manufacturing Solutions LLC; Copelands Inc.; Harvan Manufacturing Ltd.; Kooima Company; PT Tech LLC; William L Bonnell Company Inc.; Pexco LLC; Arcair Appliance Industrial Co. Ltd.; Harris Calorific Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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