Welding Consumables Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The Welding Consumables Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Welding is a reliable, precise, high-tech and cost-effective method for efficiently joining materials such as metals and alloys in a variety of manufacturing industries. This consumable is a flux and filler material used in the welding industry, typically used in arc welding processes. These consumables liquefy while joining metals to help create a strong bond. It also protects molten welds from air pollutants. Steel, aluminum, copper, ilmenite, nickel and rutile are some of the raw materials used in the production of welding consumables. Rising steel consumption along with the revival of the US construction industry is expected to drive demand for welding consumables over the forecast period. Major players have adopted strategies such as mergers and acquisitions to meet large demand from emerging economies.

The following segmentation are covered in this report:

By Welding Technique

• Arc Welding
• Resistance Welding
• Oxy-fuel Welding
• Laser-beam Welding
• Others

By Application

• Aerospace & Defense
• Automotive & Transportation
• Construction
• Energy
• Heavy Machinery
• Shipbuilding
• Process & Others

By Type

• Stick Electrodes
• Solid Wires
• Flux Cored Wires
• SAW Wires & Fluxes

Company Profile

• Voestalpine A G
• Lincoln Electric
• ESAB
• Ador Welding Limited
• Honavar Electrodes
• D&H Sécheron

Scope of the report

The research study analyses the Welding Consumables Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Welding Consumables Market Report

• What was the Welding Consumables Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Welding Consumables Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Welding Consumables Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.