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Welding Consumables Market by Type (SAW wires, Fluxes, Flux-cored wires, Solid wires, Stick electrodes) by Technique (Arc welding, Resistance welding, Oxyfuel welding, Ultrasonic welding) by End-Use industry (Oil & gas, Power generation, Marine, Construction, Automobile, Aerospace & Defense) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023

Published Date: 04-May-2018 Category: Heavy Industry Report Format : PDF Pages: 130 Report Code: ZMR-2835 Status : Published

Global welding consumables market expected to reach approximately USD 18.1 Billion in 2023, growing at a CAGR of slightly above 5.0% between 2017 and 2023. Growing requirement of welding automation technology in fabrication will drive the demand for welding consumables.

Description

The report covers forecast and analysis for the welding consumables market on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study includes drivers and restraints for the welding consumables market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the welding consumables market on a global level.

This report offers comprehensive analysis on global welding consumables market along with, market trends, drivers, and restraints of the welding consumables market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

The study provides a decisive view on the welding consumables market by segmenting the market based on type, technique, end-use industry and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Based on the type, the segmentation of welding consumables market is SAW wires, fluxes, flux cored wires, solid wires, stick electrodes. Based on technique, the segmentation of welding consumables market is arc welding, resistance welding, Oxyfuel welding, and ultrasonic welding. Based on end-use industry, the segmentation of welding consumables market is oil & gas, power generation, marine, construction, automobile and aerospace & defense. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into countries such as the U.S., Canada, Mexico, UK, France, Germany, Italy, Poland, Russia, China, India, Japan, India, Korea, Indonesia, Malaysia, Thailand, Brazil, Argentina, Saudi Arabia, UAE, South Africa, Kuwait and Oman.

Global Welding Consumables Market

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global welding consumables market such as Arcon Welding Equipment, Kemppi Oy, Tianjin Bridge Welding Materials Co., Ltd., Fronius International GmbH, Denyo Co., Ltd, Illinois Tool Works Inc, Panasonic Corporation, Obara Corporation, Hyundai Welding Co., Ltd, Air Liquide, The Lincoln Electric Company, Colfax Corporation, and Voestalpine AG, Nikko Steel, PT. Yontomo Sukses Abadi, PT. Cahaya Las Mandiri, P.T. Intan Pertiwi Industri, Alfa Metalindo Indonesia, The Linde Group, Inc, and Kobe Steel, Ltd

The report segments global Welding Consumables market as follows:

Welding Consumables Market: Type Segment Analysis

  • SAW wires
  • Fluxes
  • Flux cored wires
  • Solid wires
  • Stick electrodes

Welding Consumables Market: Technique Segment Analysis

  • Arc welding
  • Resistance welding
  • Oxyfuel welding
  • Ultrasonic welding

Welding Consumables Market: End-Use Industry Segment Analysis

  • Oil & Gas
  • Power generation
  • Marine
  • Construction
  • Automobile
  • Aerospace & defense

Welding Consumables Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Welding Consumables Market, 2015 - 2023, (USD Billion)
    • 2.2. Welding Consumables Market: Market Snapshot
  •  
  • Chapter 3. Welding Consumables Market - Industry Analysis
    • 3.1. Welding Consumables Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating construction industry
      • 3.2.2. Upsurge in energy consumption
      • 3.2.3. Flourishing automobile industry
    • 3.3. Restraints
      • 3.3.1. Environmental impact
      • 3.3.2. Stagnant growth of shipbuilding and aerospace industry
    • 3.4. Opportunity
      • 3.4.1. Recovering oil & gas industry
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis by Type Segment
      • 3.6.2. Market Attractiveness Analysis by Technique Segment
      • 3.6.3. Market Attractiveness Analysis by End-Use Industry Segment
      • 3.6.4. Market Attractiveness Analysis by Regional Segment
  •  
  • Chapter 4. Welding Consumables Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017 (Subject to Data Availability)
    • 4.2. Strategic Developments
    • 4.3. Acquisitions & Mergers
    • 4.4. New Product Launch
    • 4.5. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.6. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Welding Consumables Market - Type Segment Analysis
    • 5.1. Global Welding Consumables Market Overview: by Type
      • 5.1.1. Welding Consumables Market Revenue Share, by Type, 2017 and 2023
    • 5.2. Global Welding Consumables Market by SAW Wires, 2015-2023 (USD Billion)
    • 5.3. Global Welding Consumables Market by Fluxes, 2015-2023 (USD Billion)
    • 5.4. Global Welding Consumables Market by Flux-cored Wires, 2015-2023 (USD Billion)
    • 5.5. Global Welding Consumables Market by Solid Wires, 2015-2023 (USD Billion)
    • 5.6. Global Welding Consumables Market by Stick Electrodes, 2015-2023 (USD Billion)
  •  
  • Chapter 6. Global Welding Consumables Market - Technique Segment Analysis
    • 6.1. Global Welding Consumables Market Overview: by Technique
      • 6.1.1. Welding Consumables Market Revenue Share, by Technique, 2017 and 2023
    • 6.2. Global Welding Consumables Market by Arc Welding, 2015-2023 (USD Billion)
    • 6.3. Global Welding Consumables Market by Resistance Welding, 2015-2023 (USD Billion)
    • 6.4. Global Welding Consumables Market by Oxyfuel Welding, 2015-2023 (USD Billion)
    • 6.5. Global Welding Consumables Market by Ultrasonic Welding, 2015-2023 (USD Billion)
  •  
  • Chapter 7. Global Welding Consumables Market - End-Use Industry Segment Analysis
    • 7.1. Global Welding Consumables Market Overview: by End-Use Industry
      • 7.1.1. Welding Consumables Market Volume Share, by End-Use Industry, 2017 and 2023
    • 7.2. Global Welding Consumables Market for Oil & Gas, 2015-2023 (USD Billion)
    • 7.3. Global Welding Consumables Market for Power Generation, 2015-2023 (USD Billion)
    • 7.4. Global Welding Consumables Market for Marine, 2015-2023 (USD Billion)
    • 7.5. Global Welding Consumables Market for Construction, 2015-2023 (USD Billion)
    • 7.6. Global Welding Consumables Market for Automobile, 2015-2023 (USD Billion)
    • 7.7. Global Welding Consumables Market for Aerospace & Defense, 2015-2023 (USD Billion)
  •  
  • Chapter 8. Global Welding Consumables Market - Regional Analysis
    • 8.1. Global Welding Consumables Market Overview: by Region
      • 8.1.1. Global Welding Consumables Market Revenue Share, by Region, 2017 and 2023
    • 8.2. North America
      • 8.2.1. North America Welding Consumables Market, 2015 - 2023 (USD Billion)
      • 8.2.2. North America Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
      • 8.2.3. North America Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
      • 8.2.4. North America Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.2.5. U.S.
        • 8.2.5.1. U.S. Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.2.5.2. U.S. Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.2.5.3. U.S. Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.2.6.2. Canada Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.2.6.3. Canada Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.2.7. Mexico
        • 8.2.7.1. Mexico Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.2.7.2. Mexico Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.2.7.3. Mexico Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Welding Consumables Market, 2015 - 2023 (USD Billion)
      • 8.3.2. Europe Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
      • 8.3.3. Europe Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
      • 8.3.4. Europe Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.5.2. UK Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.5.3. UK Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.6.2. France Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.6.3. France Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.7.2. Germany Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.7.3. Germany Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.8. Italy
        • 8.3.8.1. Italy Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.8.2. Italy Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.8.3. Italy Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.9. Poland
        • 8.3.9.1. Poland Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.9.2. Poland Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.9.3. Poland Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.10. Russia
        • 8.3.10.1. Russia Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.10.2. Russia Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.10.3. Russia Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.3.11.2. Rest of Europe Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.3.11.3. Rest of Europe Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Welding Consumables Market, 2015 - 2023 (USD Billion)
      • 8.4.2. Asia Pacific Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
      • 8.4.3. Asia Pacific Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
      • 8.4.4. Asia Pacific Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.5.2. China Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.5.3. China Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.6.2. Japan Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.6.3. Japan Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.7.2. India Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.7.3. India Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.8. Korea
        • 8.4.8.1. Korea Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.8.2. Korea Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.8.3. Korea Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.9. Indonesia
        • 8.4.9.1. Indonesia Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.9.2. Indonesia Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.9.3. Indonesia Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.10. Malaysia
        • 8.4.10.1. Malaysia Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.10.2. Malaysia Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.10.3. Malaysia Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.11. Thailand
        • 8.4.11.1. Thailand Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.11.2. Thailand Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.11.3. Thailand Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.4.12. Rest of Asia Pacific
        • 8.4.12.1. Rest of Asia Pacific Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.4.12.2. Rest of Asia Pacific Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.4.12.3. Rest of Asia Pacific Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Welding Consumables Market, 2015 - 2023 (USD Billion)
      • 8.5.2. Latin America Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
      • 8.5.3. Latin America Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
      • 8.5.4. Latin America Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.5.5.2. Brazil Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.5.5.3. Brazil Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.5.6. Argentina
        • 8.5.6.1. Argentina Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.5.6.2. Argentina Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.5.6.3. Argentina Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.5.7. Rest of Latin America
        • 8.5.7.1. Rest of Latin America Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.5.7.2. Rest of Latin America Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.5.7.3. Rest of Latin America Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa Welding Consumables Market, 2015 - 2023 (USD Billion)
      • 8.6.2. Middle East & Africa Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
      • 8.6.3. Middle East & Africa Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
      • 8.6.4. Middle East & Africa Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.6.5. Saudi Arabia
        • 8.6.5.1. Saudi Arabia Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.6.5.2. Saudi Arabia Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.6.5.3. Saudi Arabia Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.6.6. UAE
        • 8.6.6.1. UAE Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.6.6.2. UAE Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.6.6.3. UAE Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.6.7.2. South Africa Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.6.7.3. South Africa Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.6.8. Kuwait
        • 8.6.8.1. Kuwait Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.6.8.2. Kuwait Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.6.8.3. Kuwait Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
      • 8.6.9. Oman
        • 8.6.9.1. Oman Welding Consumables Market Revenue, by Type, 2015 - 2023 (USD Billion)
        • 8.6.9.2. Oman Welding Consumables Market Revenue, by Technique, 2015 - 2023 (USD Billion)
        • 8.6.9.3. Oman Welding Consumables Market Revenue, by End-Use Industry, 2015 - 2023 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Arcon Welding Equipment
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Kemppi Oy
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Tianjin Bridge Welding Materials Co., Ltd
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Fronius International GmbH
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Denyo Co., Ltd
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Illinois Tool Works Inc
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Panasonic Corporation
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. Obara Corporation
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. Hyundai Welding Co., Ltd
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. Air Liquide
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments
    • 9.11. The Lincoln Electric Company
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Developments
    • 9.12. Colfax Corporation
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business Strategy
      • 9.12.5. Recent Developments
    • 9.13. Voestalpine AG
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product Portfolio
      • 9.13.4. Business Strategy
      • 9.13.5. Recent Developments
    • 9.14. Nikko Steel
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Product Portfolio
      • 9.14.4. Business Strategy
      • 9.14.5. Recent Developments
    • 9.15. Yontomo Sukses Abadi
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Product Portfolio
      • 9.15.4. Business Strategy
      • 9.15.5. Recent Developments
    • 9.16. PT. Cahaya Las Mandiri
      • 9.16.1. Overview
      • 9.16.2. Financials
      • 9.16.3. Product Portfolio
      • 9.16.4. Business Strategy
      • 9.16.5. Recent Development
    • 9.17. P.T. Intan Pertiwi Industri
      • 9.17.1. Overview
      • 9.17.2. Financials
      • 9.17.3. Product Portfolio
      • 9.17.4. Business Strategy
      • 9.17.5. Recent Developments
    • 9.18. Alfa Metalindo Indonesia
      • 9.18.1. Overview
      • 9.18.2. Financials
      • 9.18.3. Product Portfolio
      • 9.18.4. Business Strategy
      • 9.18.5. Recent Developments
    • 9.19. The Linde Group, Inc
      • 9.19.1. Overview
      • 9.19.2. Financials
      • 9.19.3. Product Portfolio
      • 9.19.4. Business Strategy
      • 9.19.5. Recent Developments
    • 9.20. Kobe Steel, Ltd
      • 9.20.1. Overview
      • 9.20.2. Financials
      • 9.20.3. Product Portfolio
      • 9.20.4. Business Strategy
      • 9.20.5. Recent Developments

Methodology

Free Analysis

Welding is an assembling and manufacturing process that joins materials such as thermoplastics and metals. Thermoplastics and metals are joined by fusion of intersecting materials. Welding is evolving widely in today’s era, commonly used welding technologies are submerged arc welding, flux-cored arc welding, gas metal arc welding, gas tungsten arc welding, and shielded metal arc welding. Welding consumables are used during the process and its usage depends on the technology. Commonly used consumables are SAW fluxes and wires, flux cored wires, solid wires, and stick electrodes. Solid wires and stick electrodes are consumed during the welding process. Whereas gases and flux are deployed to prevent base material oxidation. Consumables have applications in various end-user industries. However, different welding technologies are used as per the need of end-users.

Rapid industrialization and urbanization in developing economies worldwide have given rise to multiple numbers of small and large-scale industries, boosting the growth of the market. The construction sector is booming at a robust growth, primarily in developing countries such as India and China. Advanced welding automation technology in fabrication has fueled welding consumables market. The industry offers multiple opportunities in terms of profitability and growth for nascent organizations, resulting in expansion and gain a strong foothold in global welding consumables market. Further, lack of skilled workers in emerging regions is projected to boost the industry worldwide.

Global Welding Consumables Market

Flourishing construction and the automobile industry is preliminary driving welding consumables demand. Moreover, increasing applications in diverse end-use industries implementing various welding techniques, usage in maintenance & repair operations, rising investment in energy infrastructure will boost the product penetration. Additionally, foreign direct investments in wind and thermal sectors along with government investments in power generation industry will propel market growth. However, customer price sensitivity, stagnant growth of shipbuilding and aerospace industries, environmental impact, and slow adoption rate of advanced welding technologies may hinder market growth in the forecast period.

Welding consumables market is segmented on the basis of the type as stick electrodes, solid wires, flux-cored wires, fluxes and SAW wires. Stick electrodes account for highest revenue share owing to its wide-scale usage on dirty or rusty surfaces. As per the technique, welding consumables are bifurcated into ultrasonic welding, Oxyfuel welding, resistance welding and arc welding. Arc welding holds maximum share in the market owing to its benefits such as corrosion resistance, metal deposition uniformity, and high heat concentration. These welding techniques have various applications in the industries of aerospace & defense, automobile, construction, marine, power generation and oil & gas. The construction industry is projected to gain traction in the market during the forecast year. Welding consumables are widely used in infrastructure components fabrication such as commercial complexes, residential buildings, tunnels, railways, and bridges.

The Asia Pacific will account for maximum share of global welding consumables market till 2023 with China being a major consumer of welding materials in the region. Growing investments by automobile manufacturers in the region coupled with increasing demand for welding materials in the construction industry will maintain dominance of the region in the market. Germany is recognized globally for its leading automobile manufacturers such as Audi, BMW, Volkswagen, and other luxury cars. These high-grade vehicle bodies are fabricated by advanced arc welding technologies, thus increasing the demand for welding consumables in Europe.

Key producers in welding consumables market include Arcon Welding Equipment, Kemppi Oy, Tianjin Bridge Welding Materials Co., Ltd., Fronius International GmbH, Denyo Co., Ltd, Illinois Tool Works Inc, Panasonic Corporation, Obara Corporation, Hyundai Welding Co., Ltd, Air Liquide, The Lincoln Electric Company, Colfax Corporation, and Voestalpine AG, Nikko Steel, PT. Yontomo Sukses Abadi, PT. Cahaya Las Mandiri, P.T. Intan Pertiwi Industri, Alfa Metalindo Indonesia, The Linde Group, Inc, and Kobe Steel, Ltd.

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