Press release
Welding Consumables Industry Outlook 2025-2029: Market Set to Cross $24.32 Billion Milestone
Welding Consumables
How Large Will the Welding Consumables Market Size By 2025?
The market size for welding consumables has experienced robust growth in recent years. Its expansion is projected to move from $16.82 billion in 2024 to $17.99 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.0%. The historic growth can be credited to factors such as increased industrialization, infrastructure development, amplified construction and manufacturing activities, diverse applications of welding technology, and the burgeoning automotive industry.
How Big Is the Welding Consumables Market Size Expected to Grow by 2029?
The market size of welding consumables is predicted to experience solid growth in the upcoming years, reaching $24.32 billion in 2029 with a compound annual growth rate (CAGR) of 7.8%. This growth during the prediction period can be attributed to factors such as the expansion of the electric vehicle industry, the increase in use of lightweight materials, the rise of digitalization and industry 4.0, the growth of renewable energy sector, and infrastructure improvement. The forecast period is expected to witness major trends such as laser and electron beam welding, digital welding management, automation and robotics, eco-friendly consumables, and an increase in research and development investments.
View the full report here:
https://www.thebusinessresearchcompany.com/report/welding-consumables-global-market-report
Which Key Market Drivers Powering Welding Consumables Market Expansion and Growth?
The expansion of the construction sector is fueling the development of the welding consumables market. The main activities in the construction industry include the ere*ction and repair of structures. The construction of buildings largely employs welding for the fabrication of structural frameworks from metallic constituents. Steel I-beams, trusses, columns, and footers are typically connected through welding to brace the walls, rooftop, and flooring of a structure. For example, Construction Digital, a UK-based firm that networks all construction brands, reported in June 2023 that the UK construction industry is anticipated to surge by 12% in 2024, with an additional rise of 3% in 2025. Consequently, the progression of the construction sector is propelling the advancement of the welding consumables market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6038&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Welding Consumables Market?
Prominent businesses in the welding consumables sector are producing innovative welding wire and electrodes to bolster their market position. This refers to the creation of new, superior products, designs, and technology in welding processes aimed at improving efficiency, quality, and safety. For example, in April 2023, the Finnish manufacturing business Kemppi premiered its AX MIG Welder machine. This device showcases refined ignition and precise seam tracking, guaranteeing the production of reliable, high-quality welds. It also offers Wise arc performance processes for tackling complex materials, enhancing speed, lowering heat input, and guaranteeing the correct amount of penetration. Even those with a rudimentary understanding of welding can operate this welder. Machine controls and real-time operation data can be accessed through a laptop or mobile device browser. Moreover, its user interface can be integrated into an existing control system for further convenience.
What Are the Emerging Segments in the Welding Consumables Market?
The welding consumables market covered in this report is segmented -
1) By Type: Stick Electrodes, Solid Wires, Flux Cored Wires, SAW Wires And Fluxes
2) By Consumables: Stick Electrodes, Gases, Strip Cladding Electrodes, Submerged Arc wires and Fluxes, Wires, Other Consumables
3) By Welding Type: Arc Welding, Energy Beam Welding, Plasma Arc Welding, Submerged Arc welding, Electro Slag Welding, Resistance Welding, Other Welding Types
4) By Application: Heavy Engineering, Automotive and Transportation, Railways, Construction, Shipbuilding, Other Applications
Subsegments:
1) By Stick Electrodes: Low Hydrogen Electrodes, Cellulosic Electrodes, Iron Powder Electrodes
2) By Solid Wires: Mild Steel Wires, Stainless Steel Wires, Alloy Wires
3) By Flux Cored Wires: Gas-Shielded Flux Cored Wires, Self-Shielded Flux Cored Wires
4) By SAW Wires and Fluxes: Submerged Arc Wires, Submerged Arc Fluxes
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6038&type=smp
Who Are the Global Leaders in the Welding Consumables Market?
Major companies operating in the welding consumables market include Lincoln Electric Holdings Inc., Illinois Tool Works Inc, Air Liquide S.A., Hyundai Welding Co Ltd., WB Alloy Welding Products Limited, Hermann Fliess & Co. Gmbh, Voestalpine Ag, FSH Welding Group, Industrial Welding Corporation, Gedik Welding Inc., Italfil Spa, Precision Weldarc Limited, Welmet Technologies Private Limited, Yenitek Corporate Group, ESAB Welding & Cutting Products, The Harris Products Group, Kobe Steel Ltd., Ador Welding Limited, TATA Steel Company, Fronius International GmbH, Hilarius Haarlem Holland B.V., Welding Alloys Group, Walter Surface Technologies, Cor-Met Inc., Select-Arc Inc., AMPCO METAL S.A., Techalloy Company Inc., SAN-ARC Inc., Alcotec Wire Corporation, Washington Alloy Company Inc., D&H Sécheron Electrodes Pvt. Ltd.
Which are the Top Profitable Regional Markets for the Welding Consumables Industry?
Asia-Pacific was the largest region in the welding consumables market in 2024. The regions covered in the welding consumables market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6038
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Consumables Industry Outlook 2025-2029: Market Set to Cross $24.32 Billion Milestone here
News-ID: 4083607 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Welding
Welding Consumables Market to Witness Unbelievable Growth from 2024 to 2030: Ged …
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 in…
EMEA Welding Consumables Market | welding supplies, welding machine, welding equ …
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 “Welding Equipment and Welding Services Market “
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 experiencing…
EMEA Welding Consumables Market | welding supplies, welding machine, welding equ …
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 “Welding Equipment and Welding Services Market “
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 experiencing…
Electric Welding Clamp Market 2018 Shandong Solid Solider, Shandong Juli Welding …
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 a…
Global Welding Equipment Market: Arc welding, Resistant welding, Oxy fuel weldin …
MarketResearchReports.Biz adds “Global Welding Equipment Market 2016 Share, Size, Trends and Forecast to 2021 Market Research Report” 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 on…
Global Welding Consumables Market 2017 - Lincoln Electric, Hyundai Welding, Colf …
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 markets…
