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Global Welding Consumables Market By Welding Type (Arc Welding, Sheild Metal Arc welding, Gas Metal Arc welding, Flux Cored Arc welding ,Gas Tungsten Arc Welding ,Energy Beam Welding, Plasma Arc Welding, Submerged Arc Welding, Electro Slag Welding, Resistance Welding, Others By End Use (Automotive ,Construction, Oil & Gas, Marine, Power Generation, Aerospace & Defence ,Industrial Fabrication ,Others) Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Summary
Table Of Content

Key Highlights of the report

How are the major segments performing in the Welding Consumables Market?

The stick electrodes consumables segment accounted for the largest revenue share of the global market in 2022. Stick electrodes are becoming increasingly popular for welding various components due to their ability to increase welding strength, higher corrosion resistance, and tensile strength. Stick electrodes have many applications in end-use industries and are intended for welding processes involving mild and low alloy steel. As a result, they are widely preferred over other consumables.
In 2022, the arc welding type segment held a significant revenue share of the global welding consumables market. The ability to weld many metals with excellent flexibility in a wide range of thicknesses has contributed to the increased popularity of this arc welding technology. Moreover, the industry’s adoption of robotic arc welding equipment has promoted segment growth.
The automotive end-use segment held the largest market share for welding consumables in 2022 due to the widespread use of welding consumables in the automotive industry for almost every new vehicle design. Welding supplies are commonly used in the automotive industry to create lightweight, high-quality vehicle parts.

What is the Market Size of Welding Consumables regarding value?

The global welding consumables market is anticipated to grow at a substantial CAGR of 4.5% in the upcoming years. The Global Welding Consumables industry was estimated to be worth USD 18.3 billion in 2022 and was expected to be worth USD 24.9 billion by 2028.

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Which region dominated the welding consumables market?

North America will likely experience continuous growth in the welding consumables market in the forecast period due to the fully established markets in the region for consumables suppliers. The main factor for this was an increase in the demand for welding supplies brought on by construction activities fueled by the growth of the commercial, residential, and industrial sectors, which were, in turn, driven by the region’s economies’ continued prosperity. The market for welding consumables in North America has grown owing to the region’s high level of automobile manufacturing and the region’s rapid expansion of the automotive industry. However, the development of robotics and IoT can alter the situation for the region’s welding consumables industry.

How is US Market Performing in the welding consumables market?

North America dominates the global welding consumables market, with the United States capturing the largest revenue share due to consistent demand from various industries and the country’s automotive and construction sectors. Several well-known manufacturers are present in the United States, which will help expand overall. Widespread applications of welding consumables in industries like automotive, building and construction infrastructure, and oil and gas are driving up demand for welding consumables across the country. In addition, many cutting-edge welding techniques have been developed, and more end-use industries are adopting them to create highly durable and load-bearing products.

How is the economy impacting global welding consumables growth?

Unpredictability in raw material prices is a major factor limiting the expansion of the welding consumables sector. These consumables are produced using raw materials such as steel, aluminum, graphite, iron, and others. Moreover, changes in trade rules, global economic downturns, supply and demand imbalances, volatility in foreign currency rates, and heightened geopolitical tensions due to the Russia-Ukraine war all contribute to pricing fluctuations in these resources. This negatively impacts manufacturers and increases the cost of welding consumables, forcing manufacturers to reduce profit margins to compete in the global market.

What is the competitive environment of the welding consumables market?

The main strategies players frequently use in the welding consumables market include technology launches, mergers, and R&D initiatives. For instance, Lincoln Electric launched new GTAW (TIG) cutting lengths in silicone preparation with stainless steel alloys in September 2019 for a clean, high-quality welding process. New product manufacturing process improvements decrease the complexity of the welding procedures while improving product quality. Likewise, in July 2019, ESAB introduced a new cut master black series with an improved consumables plasma cutting feature. This feature, which is included with a cut master 60i handheld air plasma cutting system, increases the operating life of the welded wires & electrodes by 60%.

Executive Summary

What are the key trends in the Welding Consumables market?

Rising utilization of smart materials in the welding sector: Smart materials that are both energy-efficient and environmentally friendly are gaining traction in the global welding consumables market. The ability to combine two dissimilar metals without affecting their corrosion resistance, strength, or other performance properties is made possible by advances in our understanding of how materials behave at the atomic level. The smart material also includes a built-in computer chip that tracks weld life and offers a multifunctional design. For example, NiTi shape memory welding and joining allow for greater flexibility in the intelligent design of multi-functional systems. Incorporating such materials also saves energy and reduces pre- and post-heating processes. Integrating such technology benefits manufacturers, product designers, and welders by improving the entire manufacturing cycle. As a result, the growing consumption of smart resources is fueling the global welding consumables market growth.

What are all the technical developments in the welding consumables market?

Welding technology advancement is expected to accelerate market growth in the forecast period. The global market has been experiencing significant changes in flux and solid core wire from electrodes owing to increased production efficiency in welding consumables. Rapidly increasing innovation in launching innovative welding techniques is expected to propel market expansion and create opportunities in the coming years. Welding techniques like laser and ultrasonic welding are becoming more popular, propelling the welding materials market. These highly efficient welding techniques have numerous advantages, making them suitable for various applications. These techniques are gaining traction in end-use industry sectors where joint precision and accuracy are critical, such as household appliances, industrial robot devices, and shifting automotive parts.

Which are the key investments by the welding consumables market players?

The emergence of the industrial automation and automotive industries, significant investments in the automotive industry, and growing consumer demand for high-quality products all contribute to this sector’s increased demand for welding consumables. Furthermore, increased investments from governments worldwide to develop their infrastructure is another factor that could boost the construction sector’s growth, which uses welding robots and welding rods. As a result of the substantial demand for steel in numerous industrial and manufacturing processes, welding steel has a significant impact on the global market.

Some major players in the welding consumables market are Illinois Tool Works Inc, The Lincoln Electric Company, Taiyo Nippon Sanso Corporation, Air Liquide S.A., Hyundai Welding Co. Ltd, Air Products & Chemicals Inc, EWM AG, MESSER Group GmbH, Ador Welding Ltd, WB Alloy Welding Products Ltd, FSH Welding Group, GCE Group AB, Industrial Welding Corporation, The VBC Group Ltd, Hilarius Haarlem Holland B.V., Kiswel Ltd, Magmaweld, Gedik Welding, Chosun Welding, Selectrode Industries, D&H India, and Yawata Electrode Co. Ltd.

What are the Major Driving Factors for the Welding Consumables Market?

Rising demand from various industries for welding equipment is a major global market driver. Fabrication operations are required in the construction, shipbuilding, aerospace, and railway industries, which helps market growth. Welding consumables are becoming increasingly popular in many industries worldwide as they offer a safe and accurate way to join two metal parts. Besides, rising demand for electric vehicles has boosted the automobile industry, driving demand for welding consumables. The growing demand for welding robots is also propelling the market forward. The expansion of renewable energy capacity and the prevalence of improved infrastructure will boost various opportunities, resulting in the growth of the welding equipment market over the coming years.

What are the Major Risks for the Welding Consumables Market?

The slow adoption of highly developed welding technologies is anticipated to impede the growth of the global welding consumables market in the forecast period. In developing nations like India and China, advanced welding technologies have been adopted slowly, which is anticipated to limit market growth to some extent. Another factor impeding market expansion in these nations is cost sensitivity. Modern welding techniques like electron and laser beams are mostly used in developed nations, but due to their high cost, they have yet to be widely adopted in emerging economies.

Which is the key end-use in the welding consumables market?

The automotive end-use segment held the highest market share for welding consumables in 2022 owing to the extensive usage of welding consumables in the automotive sector for virtually every new vehicle design. In automotive, welding supplies are frequently used to produce lightweight, high-quality vehicle components. The sales of automobiles have increased due to advances in their safety features and changing automotive designs, supporting the expansion of the welding consumables market. Arc welding is widely used in the automotive industry for chassis parts to facilitate continuous joining and to ensure high strength and rigidity of joints, as well as wide freedom of joint shape to enable easy integration to brackets, pipes, or other accessories. The widespread use of welding in the automotive industry is expected to boost demand for the welding consumables market from the automotive and transportation sectors in the forecast period.

How is the welding consumables market performing in regions?

The Asia Pacific region is anticipated to experience the fastest growth during the projection period for the global welding consumables market owing to the rapid expansion of the automotive and transportation sectors, increased construction activity, and robust use of advanced welding techniques. The demand for welding consumables is further rising in the region due to the extensive use of welding consumables in the construction industry to join metal frameworks for walls, roofs, and other purposes. In addition, the growing use of welding robots in Japan and China offers lucrative opportunities for the welding consumables industry. Main players in the automation, construction and automotive sectors have also begun investing in the Indian market owing to the government’s accommodating policies.

What is the regulatory landscape for the welding consumables market?

Welding gas physical properties significantly impact welding speed, penetration, mechanical characteristics, fume generation, weld appearance, and arc stability. Shielding gases such as argon and carbon dioxide are critical components in the aerospace, automotive, transportation, and construction manufacturing. Welding produces significant greenhouse gases as shielding gases such as carbon dioxide & argon are commonly used as welding materials. As a result, the environment is significantly impacted by the welding process’ emission of greenhouse gases. 47% of the world’s CO2 emissions in 2019 were attributed to industrial processes, according to the International Energy Agency. Thus, many governing bodies and associations enforce stringent rules and regulations to reduce gas emissions and control these rising emissions.

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What are the major players planning for the future of the welding consumables market?

The major players are launching a wide selection of welders created with end users from various niches in mind. The major market participants have also expanded their distribution channel networks, as product distribution is critical to the success of the welding consumables sector. Moreover, innovations and developments in welding technology to create techniques for broader applications are expected to open up a plethora of opportunities for market participants over the forecast period.

REPORT ATTRIBUTE	DETAILS
Welding Consumables Market by Volume	Yes
Welding Consumables Market by Value	Yes
Welding Consumables Market, Tornado Analysis	Yes
Welding Consumables Market, STAR Analysis	Yes
Welding Consumables Market, SRC Analysis	Yes
Welding Consumables Market, Import-Export Data	Yes (On Demand)

Welding Consumables Market Pricing Analysis	Yes (On Demand)
Welding Consumables Market Segment Analysis	By Consumables (Stick Electrodes, Gases, Strip Cladding Electrodes, Submerged Arc Wires & Fluxes, Wires, and Others) By Welding Type (Arc Welding, Energy Beam Welding, Plasma Arc Welding, Submerged Arc Welding, Electro Slag Welding, Resistance Welding, and Others) By End Use (Automotive, Construction, Oil & Gas, Marine, Power Generation, Aerospace & Defence, Industrial Fabrication, and Others)
Welding Consumables Market, Regional Analysis	North America (US and Canada) Europe (Germany, UK, Italy, France, Spain, and the Rest of Europe) Asia Pacific (India, China, South Korea, Japan, South East Asia, and the Rest of Asia Pacific) Latin America (Mexico, Brazil, and the Rest of Latin America) Middle East and Africa (GCC Countries, South Africa, and the Rest of Middle East and Africa)
Welding Consumables Market Key Companies	The Lincoln Electric Company, Illinois Tool Works Inc, Taiyo Nippon Sanso Corporation, Air Liquide S.A., Hyundai Welding Co. Ltd, Air Products & Chemicals Inc, EWM AG, MESSER Group GmbH, Ador Welding Ltd, WB Alloy Welding Products Ltd, FSH Welding Group, GCE Group AB, Industrial Welding Corporation, The VBC Group Ltd, Hilarius Haarlem Holland B.V., Kiswel Ltd, Magmaweld, Gedik Welding, Chosun Welding, Selectrode Industries, D&H India, and Yawata Electrode Co. Ltd
Welding Consumables Market Competitive Landscape	Competitive Benchmarking Market Share Analysis Geographical Presence Analysis Key Players Market Positioning Major Strategies Adopted

Segmentation of Global Welding Consumables Market-

Global Welding Consumables Market – By Consumables

Stick Electrodes
- Mild steel
- Stainless steel
- Low Alloy
- Nickel
- Aluminium
- Others
Gases
Strip Cladding Electrodes
Submerged Arc Wires & Fluxes
Wires
- Metal-cored wires
- MIG/MAG wires
- Flux Cored wires
Others

Global Welding Consumables Market – By Welding Type

Arc Welding
- Sheild Metal Arc welding
- Gas Metal Arc welding
- Flux Cored Arc welding
- Gas Tungsten Arc Welding
Energy Beam Welding
Plasma Arc Welding
Submerged Arc Welding
Electro Slag Welding
Resistance Welding
Others

Global Welding Consumables Market – By End Use

Automotive
Construction
Oil & Gas
Marine
Power Generation
Aerospace & Defence
Industrial Fabrication
Others

Global Welding Consumables Market – By Region

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Welding Consumables Market
2.2. Global Welding Consumables Market, By Consumables
2.3. Global Welding Consumables Market, By Welding Type
2.4. Global Welding Consumables Market, By End Use
2.5. Global Welding Consumables Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Welding Consumables Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Consumables
3.5.2. Welding Type
3.5.3. End Use
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company Market Share of Key Players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Welding Consumables Market
7.1. Global Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
7.1.1. Overview
7.1.2. Global Welding Consumables Market, By Consumables, 2022 vs 2030 (in%)
7.1.3. Global Welding Consumables Market, By Stick Electrodes, 2017-2030 (US$ Bn)
7.1.4. Global Welding Consumables Market, By Gases, 2017-2030 (US$ Bn)
7.1.5. Global Welding Consumables Market, By Strip Cladding Electrodes, 2017-2030 (US$ Bn)
7.1.6. Global Welding Consumables Market, By Submerged Arc Wires & Fluxes, 2017-2030 (US$ Bn)
7.1.7. Global Welding Consumables Market, By Wires, 2017-2030 (US$ Bn)
7.1.8. Global Welding Consumables Market, By Others, 2017-2030 (US$ Bn)
7.2. Global Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
7.2.1. Overview
7.2.2. Global Welding Consumables Market, By Welding Type, 2022 vs 2030 (in%)
7.2.3. Global Welding Consumables Market, By Arc Welding, 2017-2030 (US$ Bn)
7.2.4. Global Welding Consumables Market, By Energy Beam Welding, 2017-2030 (US$ Bn)
7.2.5. Global Welding Consumables Market, By Plasma Arc Welding, 2017-2030 (US$ Bn)
7.2.6. Global Welding Consumables Market, By Submerged Arc Welding, 2017-2030 (US$ Bn)
7.2.7. Global Welding Consumables Market, By Electro Slag Welding, 2017-2030 (US$ Bn)
7.2.8. Global Welding Consumables Market, By Resistance Welding, 2017-2030 (US$ Bn)
7.2.9. Global Welding Consumables Market, By Others, 2017-2030 (US$ Bn)
7.3. Global Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
7.3.1. Overview
7.3.2. Global Welding Consumables Market, By End Use, 2022 vs 2030 (in%)
7.3.3. Global Welding Consumables Market, By Automotive, 2017-2030 (US$ Bn)
7.3.4. Global Welding Consumables Market, By Construction, 2017-2030 (US$ Bn)
7.3.5. Global Welding Consumables Market, By Oil & Gas, 2017-2030 (US$ Bn)
7.3.6. Global Welding Consumables Market, By Marine, 2017-2030 (US$ Bn)
7.3.7. Global Welding Consumables Market, By Power Generation, 2017-2030 (US$ Bn)
7.3.8. Global Welding Consumables Market, By Industrial Fabrication, 2017-2030 (US$ Bn)
7.3.9. Global Welding Consumables Market, By Others, 2017-2030 (US$ Bn)

8. North America Welding Consumables Market Analysis
8.1. North America Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
8.4.1. U.S.
8.4.1.1. U.S. Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.1.2. U.S. Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
8.4.1.3. U.S. Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
8.4.1.4. U.S. Welding Consumables, By End Use, 2017-2030 (US$ Bn)
8.4.2. Canada
8.4.2.1. Canada Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.2.2. Canada Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
8.4.2.3. Canada Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
8.4.2.4. Canada Welding Consumables, By End Use, 2017-2030 (US$ Bn)

9. Europe Welding Consumables Market Analysis
9.1. Europe Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
9.4.1. Germany
9.4.1.1. Germany Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.1.2. Germany Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.1.3. Germany Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.1.4. Germany Welding Consumables, By End Use, 2017-2030 (US$ Bn)
9.4.2. France
9.4.2.1. France Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.2.2. France Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.2.3. France Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.2.4. France Welding Consumables, By End Use, 2017-2030 (US$ Bn)
9.4.3. UK
9.4.3.1. UK Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.3.2. UK Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.3.3. UK Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.3.4. UK Welding Consumables, By End Use, 2017-2030 (US$ Bn)
9.4.4. Italy
9.4.4.1. Italy Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.4.2. Italy Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.4.3. Italy Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.4.4. Italy Welding Consumables, By End Use, 2017-2030 (US$ Bn)
9.4.5. Spain
9.4.5.1. Spain Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.5.2. Spain Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.5.3. Spain Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.5.4. Spain Welding Consumables, By End Use, 2017-2030 (US$ Bn)
9.4.6. Rest of Europe
9.4.6.1. Rest of Europe Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.6.2. Rest of Europe Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
9.4.6.3. Rest of Europe Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
9.4.6.4. Rest of Europe Welding Consumables, By End Use, 2017-2030 (US$ Bn)

10. Asia Pacific Welding Consumables Market Analysis
10.1. Asia Pacific Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
10.4.1. China
10.4.1.1. China Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.1.2. China Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.1.3. China Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.1.4. China Welding Consumables, By End Use, 2017-2030 (US$ Bn)
10.4.2. Japan
10.4.2.1. Japan Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.2.2. Japan Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.2.3. Japan Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.2.4. Japan Welding Consumables, By End Use, 2017-2030 (US$ Bn)
10.4.3. India
10.4.3.1. India Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.3.2. India Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.3.3. India Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.3.4. India Welding Consumables, By End Use, 2017-2030 (US$ Bn)
10.4.4. South Korea
10.4.4.1. South Korea Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.4.2. South Korea Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.4.3. South Korea Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.4.4. South Korea Welding Consumables, By End Use, 2017-2030 (US$ Bn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.5.2. South-East Asia Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.5.3. South-East Asia Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.5.4. South-East Asia Welding Consumables, By End Use, 2017-2030 (US$ Bn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.6.2. Rest of Asia Pacific Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
10.4.6.3. Rest of Asia Pacific Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
10.4.6.4. Rest of Asia Pacific Welding Consumables, By End Use, 2017-2030 (US$ Bn)

11. Latin America Welding Consumables Market Analysis
11.1. Latin America Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.1.2. Brazil Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
11.4.1.3. Brazil Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
11.4.1.4. Brazil Welding Consumables, By End Use, 2017-2030 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.2.2. Mexico Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
11.4.2.3. Mexico Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
11.4.2.4. Mexico Welding Consumables, By End Use, 2017-2030 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.3.2. Rest of Latin America Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
11.4.3.3. Rest of Latin America Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
11.4.3.4. Rest of Latin America Welding Consumables, By End Use, 2017-2030 (US$ Bn)

12. Middle East and Africa Welding Consumables Market Analysis
12.1. Middle East and Africa Welding Consumables Market, by Consumables, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Welding Consumables Market, by Welding Type, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Welding Consumables Market, by End Use, 2017-2030(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.1.2. GCC Countries Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
12.4.1.3. GCC Countries Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
12.4.1.4. GCC Countries Welding Consumables, By End Use, 2017-2030 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.2.2. South Africa Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
12.4.2.3. South Africa Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
12.4.2.4. South Africa Welding Consumables, By End Use, 2017-2030 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Welding Consumables Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Welding Consumables, By Consumables, 2017-2030 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Welding Consumables, By Welding Type, 2017-2030 (US$ Bn)
12.4.3.4. Rest of Middle East and Africa Welding Consumables, By End Use, 2017-2030 (US$ Bn)

13. Company Profiles
13.1. The Lincoln Electric Company
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Illinois Tool Works Inc
13.3. Taiyo Nippon Sanso Corporation
13.4. Air Liquide S.A.
13.5. Hyundai Welding Co. Ltd
13.6. Air Products & Chemicals Inc
13.7. EWM AG
13.8. MESSER Group GmbH
13.9. Ador Welding Ltd
13.10. WB Alloy Welding Products Ltd
13.11. FSH Welding Group
13.12. GCE Group AB
13.13. Industrial Welding Corporation
13.14. The VBC Group Ltd
13.15. Hilarius Haarlem Holland B.V.
13.16. Kiswel Ltd
13.17. Magmaweld
13.18. Gedik Welding
13.19. Chosun Welding
13.20. Selectrode Industries
13.21. D&H India
13.22. Yawata Electrode Co. Ltd
13.23. Others

List of Figures
FIG. 1 Global Welding Consumables Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Welding Consumables Market Segmentation
FIG. 4 Global Welding Consumables Market, by Consumables, 2022 (US$ Bn)
FIG. 5 Global Welding Consumables Market, by Welding Type, 2022 (US$ Bn)
FIG. 6 Global Welding Consumables Market, by End Use, 2022 (US$ Bn)
FIG. 7 Global Welding Consumables Market, by Geography, 2022 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Consumables, 2022
FIG. 9 Attractive Investment Proposition, by Welding Type, 2022
FIG. 10 Attractive Investment Proposition, by End Use, 2022
FIG. 11 Attractive Investment Proposition, by Geography, 2022
FIG. 12 Global Market Share Analysis of Key Welding Consumables Market Manufacturers, 2022
FIG. 13 Global Market Positioning of Key Welding Consumables Market Manufacturers, 2022
FIG. 14 Global Welding Consumables Market Value Contribution, By Consumables, 2022 & 2030 (Value %)
FIG. 15 Global Welding Consumables Market, by Stick Electrodes, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Welding Consumables Market, by Gases, Value, 2017-2030 (US$ Bn)
FIG. 17 Global Welding Consumables Market, by Strip Cladding Electrodes, Value, 2017-2030 (US$ Bn)
FIG. 18 Global Welding Consumables Market, by Submerged Arc Wires & Fluxes, Value, 2017-2030 (US$ Bn)
FIG. 19 Global Welding Consumables Market, by Wires, Value, 2017-2030 (US$ Bn)
FIG. 20 Global Welding Consumables Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 21 Global Welding Consumables Market Value Contribution, By Welding Type, 2022 & 2030 (Value %)
FIG. 22 Global Welding Consumables Market, by Arc Welding, Value, 2017-2030 (US$ Bn)
FIG. 23 Global Welding Consumables Market, by Energy Beam Welding, Value, 2017-2030 (US$ Bn)
FIG. 24 Global Welding Consumables Market, by Plasma Arc Welding, Value, 2017-2030 (US$ Bn)
FIG. 25 Global Welding Consumables Market, by Submerged Arc Welding, Value, 2017-2030 (US$ Bn)
FIG. 26 Global Welding Consumables Market, by Electro Slag Welding, Value, 2017-2030 (US$ Bn)
FIG. 27 Global Welding Consumables Market, by Resistance Welding, Value, 2017-2030 (US$ Bn)
FIG. 28 Global Welding Consumables Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 29 Global Welding Consumables Market Value Contribution, By End Use, 2022 & 2030 (Value %)
FIG. 30 Global Welding Consumables Market, by Automotive, Value, 2017-2030 (US$ Bn)
FIG. 31 Global Welding Consumables Market, by Construction, Value, 2017-2030 (US$ Bn)
FIG. 32 Global Welding Consumables Market, by Oil & Gas, Value, 2017-2030 (US$ Bn)
FIG. 33 Global Welding Consumables Market, by Marine, Value, 2017-2030 (US$ Bn)
FIG. 34 Global Welding Consumables Market, by Power Generation, Value, 2017-2030 (US$ Bn)
FIG. 35 Global Welding Consumables Market, by Aerospace & Defence, Value, 2017-2030 (US$ Bn)
FIG. 36 Global Welding Consumables Market, by Industrial Fabrication, Value, 2017-2030 (US$ Bn)
FIG. 37 Global Welding Consumables Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 38 U.S. Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 39 Canada Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 40 Germany Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 41 France Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 42 U.K. Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 43 Italy Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 44 Spain Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 45 Rest of Europe Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 46 China Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 47 Japan Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 48 India Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 49 South Korea Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 50 Southeast Asia Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 51 Rest of Asia Pacific Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 52 Latin America Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 53 Brazil Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 54 Mexico Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 55 Rest of Latin America Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 56 Middle East & Africa Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 57 GCC Countries Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 58 South Africa Welding Consumables Market, 2017-2030 (US$ Bn)
FIG. 59 Rest of Middle East and Africa Welding Consumables Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Welding Consumables Market
TABLE 2 Global Welding Consumables Market, by Competitive Benchmarking, 2022
TABLE 3 Global Welding Consumables Market, by Geographical Presence Analysis, 2022
TABLE 4 Global Welding Consumables Market, by Key Strategies Analysis, 2022
TABLE 5 Global Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 6 Global Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 7 Global Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 8 Global Welding Consumables Market, by Geography, 2017-2030 (US$ Bn)
TABLE 9 North America Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 10 North America Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 11 North America Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 12 North America Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
TABLE 13 US Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 14 US Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 15 US Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 16 Canada Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 17 Canada Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 18 Canada Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 19 Europe Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 20 Europe Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 21 Europe Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 22 Europe Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
TABLE 23 Germany Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 24 Germany Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 25 Germany Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 26 France Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 27 France Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 28 France Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 29 UK Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 30 UK Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 31 UK Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 32 Italy Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 33 Italy Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 34 Italy Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 35 Spain Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 36 Spain Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 37 Spain Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 38 Rest of Europe Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 39 Rest of Europe Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 40 Rest of Europe Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 41 Asia Pacific Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 42 Asia Pacific Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 43 Asia Pacific Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 44 Asia Pacific Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
TABLE 45 China Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 46 China Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 47 China Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 48 Japan Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 49 Japan Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 50 Japan Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 51 India Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 52 India Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 53 India Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 54 South Korea Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 55 South Korea Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 56 South Korea Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 57 South East Asia Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 58 South East Asia Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 59 South East Asia Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 60 Rest of Asia Pacific Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 61 Rest of Asia Pacific Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 62 Rest of Asia Pacific Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 63 Latin America Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 64 Latin America Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 65 Latin America Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 66 Latin America Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
TABLE 67 Brazil Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 68 Brazil Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 69 Brazil Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 70 Mexico Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 71 Mexico Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 72 Mexico Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 73 Rest of Latin America Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 74 Rest of Latin America Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 75 Rest of Latin America Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 76 Middle East and Africa Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 77 Middle East and Africa Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 78 Middle East and Africa Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 79 Middle East and Africa Welding Consumables Market, by Country, 2017-2030 (US$ Bn)
TABLE 80 GCC Countries Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 81 GCC Countries Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 82 GCC Countries Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 83 South Africa Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 84 South Africa Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 85 South Africa Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)
TABLE 86 Rest of Middle East and Africa Welding Consumables Market, by Consumables, 2017-2030 (US$ Bn)
TABLE 87 Rest of Middle East and Africa Welding Consumables Market, by Welding Type, 2017-2030 (US$ Bn)
TABLE 88 Rest of Middle East and Africa Welding Consumables Market, by End Use, 2017-2030 (US$ Bn)

Frequently asked questions

How does COVID-19 impact the global welding consumables market?

There has been a supply chain disruption in both global and regional enterprises dealing with the production of welding consumables due to the Covid-19 pandemic.

Which is the leading region of the market for welding consumables?

North America had the highest revenue share of the global welding consumables market in 2022.

What are the key drivers for the growth of the welding consumables market?

Welding applications are expanding across many key end-use industries, including manufacturing, building & construction, automobile, oil & gas, marine, and many others, propelling the welding consumables market forward.

Which is the major segment in the welding consumables market by consumables?

The stick electrodes segment had a major global market share in 2022.

Which is the major segment in the welding consumables market by welding type?

The arc welding segment had the largest revenue share in the global market.

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