Welding Consumables Global Market Report 2026

Welding consumables refer to materials utilized in the creation or protection of a weld. They play a crucial role in joining thermoplastics and metals through the process of coalescence. These consumables find application in various industries to produce final products. When a welding consumable is employed, it generates a fume composition containing 14% chromium as Cr (III), and it is intentionally overalloyed with 2-4% Ni to promote the formation of austenite in the weld metal and maintain phase balance.

The primary types of welding consumables include stick electrodes, solid wires, flux-cored wires, saw wires, and fluxes. Stick electrodes, known for their high depth of penetration, can penetrate through corrosion, oil, paint, and dirt. Skilled pipe welders often use these all-position electrodes for root welding passes on pipes. Various types of consumables encompass stick electrodes, gases, strip cladding electrodes, submerged arc wires and fluxes, wires, and other consumables, involving diverse welding techniques such as arc welding, energy beam welding, plasma arc welding, submerged arc welding, electro slag welding, resistance welding, and other welding methods. These consumables find applications in heavy engineering, automotive and transportation, railways, construction, shipbuilding, and various other industrial sectors.

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 have impacted the welding consumables market by increasing the cost of imported alloy metals, wires, and flux materials. These higher costs have affected manufacturing, construction, and shipbuilding industries, particularly in Asia Pacific and Europe. Flux cored wires and specialized electrodes are the most affected segments due to alloy content. At the same time, tariffs are encouraging localized production and alternative material development.

The welding consumables market research report is one of a series of new reports from The Business Research Company that provides welding consumables market statistics, including welding consumables industry global market size, regional shares, competitors with a welding consumables market share, detailed welding consumables market segments, market trends and opportunities, and any further data you may need to thrive in the welding consumables industry. This welding consumables 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 consumables market size has grown strongly in recent years. It will grow from $17.69 billion in 2025 to $18.99 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growth of construction and infrastructure projects, expansion of automotive manufacturing, rising shipbuilding activities, increasing industrial fabrication demand, growth of heavy engineering sector.

The welding consumables market size is expected to see strong growth in the next few years. It will grow to $25.21 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to expansion of renewable energy infrastructure, growth of electric vehicle production, increasing automation in welding processes, demand for high strength materials, rising investments in rail and transport projects. Major trends in the forecast period include growing demand for high performance welding electrodes, increasing adoption of flux cored wires, rising use of automated and robotic welding, expansion of welding consumables in infrastructure projects, higher focus on low fume and eco friendly consumables.

The growth of the construction industry is contributing to the expansion of the welding consumables market. The construction sector primarily involves building and repairing structures, and welding plays a crucial role in forming structural frameworks from metal components. It is widely used to connect steel I-beams, trusses, columns, and footers, which provide support for walls, roofs, and floors. For example, in June 2023, Construction Digital, a UK-based company connecting construction brands, reported that the construction industry in the UK is expected to grow by 12% in 2024, followed by an additional 3% increase in 2025. Therefore, the expansion of the construction industry is driving the growth of the welding consumables market.

Major companies in the welding consumables market are developing new products, such as mechanized orbital systems, to improve efficiency and precision in welding operations across various industries. A mechanized orbital system is an advanced welding solution commonly used for automated welding of pipes, tubes, and other cylindrical structures. For instance, in January 2024, Lincoln Electric Holdings, Inc., a US-based welding manufacturing company, introduced the Mechanized Pipeliner AutoShield. This system performs fill and cap passes without the need for shielding gas, relying on a mechanized orbital design that enhances efficiency and performance in challenging welding environments. It is particularly well-suited for rugged terrain and tie-in applications, helping contractors automate welding tasks while overcoming logistical challenges associated with traditional gas-shielded methods. Additionally, it supports shorter, high-productivity jobs without requiring a complete gas-shielded setup, making it a versatile solution for various welding needs.

In April 2023, Welding Alloys Group, a UK-based manufacturer of welding consumables, acquired Premier Technical Ltd for an undisclosed amount. The acquisition aims to expand and strengthen Welding Alloys Group's presence in the UK market by broadening its product portfolio to better serve industries such as mining, cement, power generation, and steelmaking. Premier Technical Ltd is a UK-based provider of welding equipment.

Major companies operating in the welding consumables market are Lincoln Electric Holdings Inc., Illinois Tool Works Inc, Air Liquide S.A., Hyundai Welding Co Ltd., WB Alloy Welding Products Limited, Hermann Fliess & Co. Gmbh, Voestalpine Ag, FSH Welding Group, Industrial Welding Corporation, Gedik Welding Inc., Italfil Spa, Precision Weldarc Limited, Welmet Technologies Private Limited, Yenitek Corporate Group, ESAB Welding & Cutting Products, The Harris Products Group, Kobe Steel Ltd., Ador Welding Limited, TATA Steel Company, Fronius International GmbH, Hilarius Haarlem Holland B.V., Welding Alloys Group, Walter Surface Technologies, Cor-Met Inc., Select-Arc Inc., AMPCO METAL S.A., Techalloy Company Inc., SAN-ARC Inc., Alcotec Wire Corporation, Washington Alloy Company Inc., D&H Secheron Electrodes Pvt. Ltd.

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

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

The welding consumables market consists of sales of stick electrodes, solid wires, flux-cored wires, SAW wires, fluxes. 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 Consumables 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 consumables 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 consumables ? 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 consumables 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 Type: Stick Electrodes; Solid Wires; Flux Cored Wires; SAW Wires And Fluxes
• 2) By Consumables: Stick Electrodes; Gases; Strip Cladding Electrodes; Submerged Arc wires and Fluxes; Wires; Other Consumables
• 3) By Welding Type: Arc Welding; Energy Beam Welding; Plasma Arc Welding; Submerged Arc welding; Electro Slag Welding; Resistance Welding; Other Welding Types
• 4) By Application: Heavy Engineering; Automotive and Transportation; Railways; Construction; Shipbuilding; Other Applications
• Subsegments:
• 1) By Stick Electrodes: Low Hydrogen Electrodes; Cellulosic Electrodes; Iron Powder Electrodes
• 2) By Solid Wires: Mild Steel Wires; Stainless Steel Wires; Alloy Wires
• 3) By Flux Cored Wires: Gas-Shielded Flux Cored Wires; Self-Shielded Flux Cored Wires
• 4) By SAW Wires and Fluxes: Submerged Arc Wires; Submerged Arc Fluxes
• Companies Mentioned: Lincoln Electric Holdings Inc.; Illinois Tool Works Inc; Air Liquide S.A.; Hyundai Welding Co Ltd.; WB Alloy Welding Products Limited; Hermann Fliess & Co. Gmbh; Voestalpine Ag; FSH Welding Group; Industrial Welding Corporation; Gedik Welding Inc.; Italfil Spa; Precision Weldarc Limited; Welmet Technologies Private Limited; Yenitek Corporate Group; ESAB Welding & Cutting Products; The Harris Products Group; Kobe Steel Ltd.; Ador Welding Limited; TATA Steel Company; Fronius International GmbH; Hilarius Haarlem Holland B.V.; Welding Alloys Group; Walter Surface Technologies; Cor-Met Inc.; Select-Arc Inc.; AMPCO METAL S.A.; Techalloy Company Inc.; SAN-ARC Inc.; Alcotec Wire Corporation; Washington Alloy Company Inc.; D&H Secheron Electrodes Pvt. Ltd.
• 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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