WELDING CONSUMABLES
MARKET OVERVIEW
Welding consumables are essential materials used in welding processes, including electrodes, wires, fluxes, and shielding gases. They play a pivotal role in various industries such as construction, automotive, shipbuilding, and energy.
MARKET SIZE AND GROWTH
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MARKET SIZE (2023):
APPROXIMATELY USD 10,460 MILLION
PROJECTED MARKET SIZE (2035): AROUND USD 13,411.26 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 80% DURING THE FORECAST PERIOD.
By Type
Stick Electrodes
Solid Wires
Flux Cored Wires
SAW Wires & Fluxes
MARKET SEGMENTATION
By Application
Automotive
Construction
Aerospace & Defense
Shipbuilding
Pipe
Others
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Rising via oil & construction demand.
NORTH AMERICA
Driven by tech and energy sectors.
EUROPE
Strong in automotive and manufacturing.
ASIA-PACIFIC
leads with strong industrial growth.
KEY PLAYERS
Lincoln
Electric
Voestalpine
Tianjin
Bridge
Colfax
Golden
Bridge
