The Welding Consumables Global Market Report 2023, provides comprehensive information on the welding consumables market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Welding Consumables Global Market Report 2023, the global welding consumables market size grew from $14.71 billion in 2022 to $15.99 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The welding consumables market size is expected to grow to $20.37 billion in 2027 at a CAGR of 6.2%.
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The welding consumables market 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
Top 5 Major Key Players Are:
- Lincoln Electric Holdings Inc.
- Illinois Tool Works Inc.
- Air Liquide S.A.
- Hyundai Welding Co. Ltd.
- WB Alloy Welding Products Limited
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Welding Consumables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Welding Consumables Market, Segmentation By Consumables, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Welding Consumables Market, Segmentation By Welding Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…
Table 47: Lincoln Electric Holdings Inc. Financial Performance
Table 48: Illinois Tool Works Inc Financial Performance
Table 49: Air Liquide S.A. Financial Performance
Table 50: Hyundai Welding Co Ltd. Financial Performance
Table 51: WB Alloy Welding Products Limited Financial Performance
Asia-Pacific was the largest region in the welding consumables market in 2022.
The table of contents in TBRC’s welding consumables market report includes:
1. Executive Summary
2. Welding Consumables Market Characteristics
3. Welding Consumables Market Trends And Strategies
4. Welding Consumables Market – Macro Economic Scenario
5. Welding Consumables Market Size And Growth
…
27. Welding Consumables Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Welding Consumables Market
29. Welding Consumables Market Future Outlook and Potential Analysis
30. Appendix
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