Press release
Welding Materials Market Growing at 4.7% CAGR to Hit USD 25.40 Billion By 2034 | Growth, Share Analysis
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โ The welding materials market size was valued at USD 16.13 billion in 2024.
โ It is anticipated to expand at a CAGR of 4.7% from 2025 to 2034.
โ The market is expected to grow to USD 25.40 billion by 2034.
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
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.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
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:
โข Lincoln Electric
โข ESAB (Colfax Corporation)
โข Air Liquide
โข Linde plc
โข Illinois Tool Works
โข Panasonic Corporation
โข Voestalpine Bรถhler Welding
โข Praxair (now part of Linde)
โข Kobe Steel
โข Fronius International
โข Ador Welding Limited
โข EWM Group
โข Hyundai Welding Co.
โข Denyo Co.
โข Miller Electric (subsidiary of Illinois Tool Works)
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market/inquire-before-buying
๐๐๐ฅ๐๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข 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.
โข 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.
โข 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.
โข 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.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/welding-materials-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
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)
โข Electrodes & Fillers
โข Fluxes & Wires
โข Gases
Welding Materials Market, Technology Outlook (Revenue - USD Billion, 2020-2034)
โข Arc Welding
โข Resistance Welding
โข Oxy-Fuel Welding
Welding Materials Market, End-use Outlook (Revenue - USD Billion, 2020-2034)
โข Automotive & Transportation
โข Building & Construction
โข Marine
โข Oil & Gas
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ:
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
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Welding Materials Market Growing at 4.7% CAGR to Hit USD 25.40 Billion By 2034 | Growth, Share Analysis here
News-ID: 3802497 • Views: โฆ
More Releases from Polaris Market Research & Consulting
Silica Market Expected to Reach USD 99.47 Billion by 2034, Registering 9.5% CAGR
The quantitative market research report published by Polaris Market Research on Silica Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Silica Market size, financial data, and projected future growth. All the information presented in theโฆ
Truck-Mounted Lifting, Handling & Access Equipment Market Set to Exceed USD 22.2 โฆ
The quantitative market research report published by Polaris Market Research on Truck-Mounted Lifting, Handling & Access Equipment Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Truck-Mounted Lifting, Handling & Access Equipment Market size, financial data,โฆ
High & Ultra-High-Field NMR Spectroscopy Market to Top USD 913.00 Million by 203 โฆ
The quantitative market research report published by Polaris Market Research on High and Ultra-high-field Nuclear Magnetic Resonance Spectroscopy Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, High and Ultra-high-field Nuclear Magnetic Resonance Spectroscopy Market size,โฆ
Fire Doors & Partitions Market Valued to Reach USD 50.24 Billion by 2034 | CAGR โฆ
The quantitative market research report published by Polaris Market Research on Fire Doors And Partitions Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Fire Doors And Partitions Market size, financial data, and projected future growth.โฆ
More Releases for Welding
Welding Consumables Market to Witness Unbelievable Growth from 2024 to 2030: Ged โฆ
The latest survey on Welding Consumables Market is conducted to provide hidden gems performance analysis of Welding Consumables to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario inโฆ
EMEA Welding Consumables Market | welding supplies, welding machine, welding equ โฆ
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled โWelding Equipment and Welding Services Market โ
The welding industry comprises welding equipment, welding consumables and welding services. Welding consumables account for a significant share of the welding industry compared to welding equipment and welding services. The welding consumables industry has been experiencingโฆ
EMEA Welding Consumables Market | welding supplies, welding machine, welding equ โฆ
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled โWelding Equipment and Welding Services Market โ
The welding industry comprises welding equipment, welding consumables and welding services. Welding consumables account for a significant share of the welding industry compared to welding equipment and welding services. The welding consumables industry has been experiencingโฆ
Electric Welding Clamp Market 2018 Shandong Solid Solider, Shandong Juli Welding โฆ
Global Electric Welding Clamp market 2018 by ReportsQuest presents a professional and complete analysis of on the current Industry situation. The Global report includes Electric Welding Clamp Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by Electric Welding Clamp market players and the future prospects from various angles in detail. Industry analysis is aโฆ
Global Welding Equipment Market: Arc welding, Resistant welding, Oxy fuel weldin โฆ
MarketResearchReports.Biz adds โGlobal Welding Equipment Market 2016 Share, Size, Trends and Forecast to 2021 Market Research Reportโ reports to its database. This report provides a strategic analysis of the Welding Equipment market and the growth estimates for the forecasted period.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global welding equipment market onโฆ
Global Welding Consumables Market 2017 - Lincoln Electric, Hyundai Welding, Colf โฆ
Global Welding Consumables Market 2017, presents a professional and in-depth study on the current state of the Welding Consumables market globally, providing basic overview of Welding Consumables market including definitions, classifications, applications and industry chain structure, Welding Consumables Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Welding Consumables market size, share and end users are analyzed as well as segment marketsโฆ
