Welding Materials Market Growing at 4.7% CAGR to Hit USD 25.40 Billion By 2034 | Growth, Share Analysis

𝐖𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

● The welding materials market size was valued at USD 16.13 billion in 2024.
● It is anticipated to expand at a CAGR of 4.7% from 2025 to 2034.
● The market is expected to grow to USD 25.40 billion by 2034.

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Welding materials are crucial elements utilized in the welding procedure to connect metals or thermoplastics. These consist of electrodes, filler metals (for adding material to the joint), welding flux (to safeguard the weld area from impurities), and shielding gases (to inhibit oxidation). The selection of welding materials is influenced by the welding method, base metals, and necessary weld strength, guaranteeing a resilient and high-quality end product.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

The incorporation of automation and robotics in welding practices is a significant trend propelled by the increasing demand for enhanced productivity, efficiency, and accuracy in manufacturing. Moreover, the application of lightweight substances like aluminum and composites is increasing in the automotive and aerospace sectors because of the heightened focus on improving fuel efficiency and minimizing the release of harmful gases.

𝐊𝐞𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬:

Top companies in the worldwide market focus on strategic acquisitions to boost their research and development capabilities and secure a competitive advantage, enabling them to offer consumers innovative products. Some of the major players operating in the welding materials market are:

• Lincoln Electric
• ESAB (Colfax Corporation)
• Air Liquide
• Linde plc
• Illinois Tool Works
• Panasonic Corporation
• Voestalpine Böhler Welding
• Praxair (now part of Linde)
• Kobe Steel
• Fronius International
• Ador Welding Limited
• EWM Group
• Hyundai Welding Co.
• Denyo Co.
• Miller Electric (subsidiary of Illinois Tool Works)

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market/inquire-before-buying

𝐖𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

• Based on type, the electrode & fillers segment dominates the welding materials market share, driven by its widespread use in various welding processes, particularly in the automotive and construction industries. The segment is also experiencing significant growth with the increasing demand for advanced materials for heavy-duty applications.
• The arc welding segment, by technology, holds the largest market share due to its versatility and adaptability across industries such as automotive, construction, and energy. However, the resistance welding segment is registering the highest growth rate, primarily fueled by its efficiency in high-volume, automated manufacturing, particularly in the automotive sector.
• In terms of end-use industry, the automotive & transportation segment registers the highest growth in the market, driven by the high demand for precision welding in vehicle manufacturing, including electric vehicles. The building & construction segment also presents strong growth opportunities, particularly in emerging markets, as infrastructure development continues to rise globally.
• Asia Pacific dominates the welding materials market share, owing to rapid industrialization and infrastructure development in countries such as China and India. However, the region also shows the highest growth, particularly in emerging markets, as demand for welding materials continues to surge in line with expanding manufacturing and construction activities.

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The welding materials market is mainly segmented based on type, technology, end-use industry, and region. Based on type analysis, the electrodes & fillers segment led the market in terms of revenue and demand, mainly because of their wide use in major industries such as construction, automotive, and shipbuilding.

Moreover, according to the technology analysis, the arc welding segment had the largest market share, driven by its adaptability and extensive usage in industries such as construction, automotive, and oil and gas.

Welding Materials Market, Type Outlook (Revenue - USD Billion, 2020-2034)
• Electrodes & Fillers
• Fluxes & Wires
• Gases

Welding Materials Market, Technology Outlook (Revenue - USD Billion, 2020-2034)
• Arc Welding
• Resistance Welding
• Oxy-Fuel Welding

Welding Materials Market, End-use Outlook (Revenue - USD Billion, 2020-2034)
• Automotive & Transportation
• Building & Construction
• Marine
• Oil & Gas

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Nitrile Butadiene Rubber Market:
https://www.polarismarketresearch.com/industry-analysis/nitrile-butadiene-rubber-market

Glass Substrate Market:
https://www.polarismarketresearch.com/industry-analysis/glass-substrate-market

Extruded Polystyrene Market:
https://www.polarismarketresearch.com/industry-analysis/extruded-polystyrene-market

Plate & Frame Heat Exchangers Market:
https://www.polarismarketresearch.com/industry-analysis/plate-and-frame-heat-exchangers-market

Intumescent Coatings Market:
https://www.polarismarketresearch.com/industry-analysis/intumescent-coatings-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.