Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Global Welding Consumables Market - Analysis By Welding Technique (Arc, Resistance, Oxyfuel, Ultrasonic, Others), Consumables Type, End User, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
The Global Welding Consumables Market is projected to display significant growth represented by a CAGR of 10.32% during 2022-2028.
The was valued at USD 12.04 billion in the year 2021 and is forecast to reach a value of $16.7 billion by 2028 with the APAC region leading the regional market share.
Demand for Global Welding Consumables has increased rapidly over the past year as a result of technological developments and the requirement for inexpensive, long-lasting materials for a wide range of industrial applications, with the automobiles and transportation sector accounting for the largest share.
The market for Global Welding Consumables is expanding at a steady rate, driven along by the widespread adoption of marine/shipbuilding and general fabrication across industries to improve the manufacturing process.
Americas is the largest market for Global Welding Consumables, with the U.S. accounting for a significant proportion of the region's overall Global Welding Consumables consumption due to the country's massive military defense budget.
Due to rapid industrial development and governments in countries like India and China spending extensively on the Automobiles and Transportation and Power Generation sectors, the Asia Pacific region is expected to be the fastest expanding region in the projected timeframe.
Scope of the Report
- The report presents the analysis of the Global Welding Consumables Market for the historical period of 2015-2021, the estimated year 2022 and the forecast period of 2023-2028.
- The report analyses the Global Welding Consumables Market by Type (USD Million).
- The report analyses the Global Welding Consumables, By Consumables Type (Stick electrodes, Solid Wires, Flux-cored wires, SAW wires, Fluxes and Others).
- The report analyses the Global Welding Consumables Market, By Welding Technique (Arc welding, Resistance Welding, Oxyfuel welding, Ultrasonic welding, Others).
- The report analyses the Global Welding Consumables Market By End User (Building and Construction, Automobiles and Transportation, Marine, Power Generation, Other End-Users).
- The Global Welding Consumables Market has been analysed By Region (Americas, Europe, Asia Pacific, and MEA).
- The Global Welding Consumables Market has been analysed By Country (United States, Canada, Germany, Russia, UK, Italy, China, India, Japan, South Korea).
- The key insights of the report have been presented through the leading company shares.
- Also, the attractiveness of the market has been presented by region, By Consumables Type, By Welding Technique, and By End User.
- Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
- The report tracks competitive developments, strategies, and recent developments.
The companies analysed in the report include
- Lincoln Electric
- Esab Corporation
- Hyundai Welding
- Illinois Tool Works Inc
- Kobe Steel, Ltd
- Panasonic Corporation
- Fronius International GmbH
- Voestalpine AG
- Kemppi Oy
- RME Middle East
Key Metrics
| Report Attribute | Details |
| No. of Pages | 300 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $12.4 Billion |
| Forecasted Market Value (USD) by 2028 | $16.7 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
1.1 Welding Consumables Overview
1.2 Scope of Research
2. Executive Summary
2.1 Market Dashboard
2.2 Regional Insights
2.3 Market Ecosystem Factors
3. Research Methodology
3.1 Data Collection Process
3.2 Market Trajectory Estimation
3.3 Market Size Calculation
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Trends
4.5 Impact assessment of Market Dynamics
5. Value Chain Analysis
5.1 Raw material Suppliers
5.2 Manufacturers
5.3 Distributors
5.4 End Use Industry
6. Covid-19 Impact Assessment
6.1 Assessment of Degree of Impact of Covid-19 on Welding Consumables Market
6.2 Region-Wise Quarterly Covid Impact Analysis
7. Porter Five Force Analysis
8. Macro Economic Indicator Outlook
8.1 Global GDP Growth
8.2 Global Construction Spending
8.3 Manufacturing Sector
8.4 Global Vehicle Sales
8.5 Investments in Different Sectors
9. Competitive Positioning
9.1 Companies' Product Positioning
9.2 Market Position Matrix
9.3 Market Share Analysis
10. Global Welding Consumables Market Trends and Forecast Analysis, 2018-2028, USD Million & CAGR
10.1 Macro Economic Factor Impact Index
10.2 Global Welding Consumables Market: Dashboard
10.3 Global Welding Consumables Market Size, By Value, 2018-2021 (USD Million)
10.4 Global Welding Consumables Market Size, By Value, 2022-2028 (USD Million)
10.5 Global Welding Consumables Market: Summary
11. Global Welding Consumables Market Trend And Forecast Analysis, 2018-2028, By Consumables Type
11.1 Global Welding Consumables Market Trend And Forecast Analysis, By Consumables Type: Snapshot
11.2 Stick Electrodes
11.3 Solid Wires
11.4 Flux-Cored Wires
11.5 SAW Wires
11.6 Fluxes
11.7 Other Consumables Type
12. Global Welding Consumables Market Trend And Forecast Analysis, 2018-2028, By Welding Technique
12.1 Global Welding Consumables Market Trend And Forecast Analysis, By Welding Technique: Snapshot
12.2 Arc Welding
12.3 Resistance Welding
12.4 Oxyfuel Welding
12.5 Ultrasonic Welding
12.6 Other Welding Technique
13. Global Welding Consumables Market Trend And Forecast Analysis, 2018-2028, By End User
13.1 Global Welding Consumables Market Trend And Forecast Analysis, By End User: Snapshot
13.2 Building and Construction
13.3 Automobiles and Transportation
13.4 Marine
13.5 Power Generation
13.6 Other End User
14. Global Welding Consumables Market Trend And Forecast Analysis, 2018-2028, By Region
14.1 Regional Coverage of the Study
For more information about this report visit https://www.researchandmarkets.com/r/mwhqd7-welding?w=12
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