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Welding Consumables Market 2025 Evolution: Adapting to Shifting Needs 2032

05-14-2025 07:24 PM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

Welding Consumables Market

Welding Consumables Market

According to the report, the welding consumables market was valued at $16.1 billion in 2022 and is projected to reach $27.5 billion by 2032, growing at a CAGR of 5.5% during the forecast period.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/2534

Key Growth Drivers:

- Rising Infrastructure Development: Ongoing projects such as roads, bridges, buildings, and pipelines significantly increase the demand for welding consumables.

- Automotive and Transportation: Welding is essential for manufacturing vehicles and components, especially with increasing use of aluminum and high-strength steel.

- Oil & Gas and Aerospace: Growing application of welding in complex industrial environments fuels further demand.

Market Restraints:

- Competition from Alternative Joining Techniques
- Economic Fluctuations
- High Costs of Specialized Consumables

Segment Insights:-

By Type - Electrodes Lead the Market:

The electrodes segment held the largest share in 2022, accounting for nearly one-third of the global revenue. Their extensive use across construction, automotive, aerospace, and shipbuilding sectors supports strong growth.

By Welding Technique - Arc Welding Dominates:

Arc welding was the top technique in 2022, driven by its versatility, cost-effectiveness, and suitability for diverse materials. Its accessibility for training and widespread industrial use bolsters continued demand.

Regional Outlook - Asia-Pacific Takes the Lead:

The Asia-Pacific region accounted for over 40% of the market share in 2022 and is forecast to maintain dominance with the highest CAGR of 6.0% through 2032. Rapid industrialization and urbanization in countries like China and India are major growth enablers.

Key Market Players:

- The Lincoln Electric Company
- Kobe Steel, Ltd.
- ESAB
- D&H Sécheron
- VDM Metals
- Weldcom Electrodes Pvt. Ltd.
- Royal Arc
- ESS AAR Industries
- Senor Metals Pvt. Ltd.
- Sharp Electrodes (P) Ltd.

These players focus on product innovation, strategic partnerships, expansions, and technological advancements to maintain a competitive edge.

Obtain Report Details: https://www.alliedmarketresearch.com/welding-consumables-market

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About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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