Welding Consumables Market, By Welding Consumables (Stick Electrodes, Solid Wires, Flux Cored Wires, SAW Wires & Fluxes, Others), By Welding Technique (Arc Welding, Resistance Welding, Oxy-Fuel Welding, Laser-Beam Welding, Ultrasonic Welding, Others), By Application (Automotive & Transportation, Building & Construction, Marine Applications, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI3252

Pages :120

Formats :

Excel and PDF

Industry : Industrial Automation and Machinery

Market Challenges And Opportunities

Restraints & Challenges:

Environmental regulations
Safety concerns

Rapid Industrialization is Driving the need for Welding Consumable

Rapid industrialization is a global phenomenon characterized by the fast-paced growth and expansion of industries across various sectors. This process is driven by factors such as technological advancements, increasing urbanization, and rising demands for goods and services. As industries expand, there is a corresponding increase in the need for welding consumables, which play a crucial role in the welding process. welding consumables are materials that are used during welding operations to join or fuse two or more pieces of metal together. They include electrodes, filler metals, fluxes, and gases, among others. These consumables are essential for creating strong and durable weld joints, ensuring the structural integrity of various industrial components.

Renteca prioritises operator protection with innovative welding safety equipment Developed Advanced arc control enables an improved pulse welding arc by providing a more robust and stable arc at very low arc length. This also reduces heat input which has added safety benefits for the operator

The Global Welding Consumables Market was valued at US$ 15.92 Billion in 2022 and is forecast to reach a value of US$ 24.92 Billion by 2030, exhibiting a CAGR of 5.8% between 2023 and 2030. Among welding technique, arc welding segment is expected to gain traction in the forecast period. Arc welding is a welding process that is used to join metals using electricity. It is affordable, easy to use, and versatile, achieves smooth welding, emits low smoke and produces very low distortion. All these advantages is increasing the popularity of the arc welding segment and hence is expected to drive the Global Welding consumables market in the forecast period.

Resistance welding is a widely utilized welding technique that involves the application of pressure and electrical resistance to join materials. This segment overview provides a comprehensive analysis of the resistance welding market, examining its size, growth, and application areas. The market is driven by its extensive use in industries such as automotive, aerospace, construction, electronics, and appliances. Technological advancements, including improved power sources, controls, and automation solutions, have enhanced the efficiency and precision of the resistance welding process.