WELDING CONSUMABLES MARKET ANALYSIS

Regional Analysis

Global Welding Consumables Market: Regional Insights

North America held dominant position in the Global Welding consumables market in 2022, accounting for 34.0% share in terms of volume, followed Asia Pacific, and Europe respectively.

North America is expected to account for the largest market share of the Global Welding consumables market during the forecast period.

Asia Pacific is expected to witness significant growth in the forecast period as countries such as China, India, Japan, and Indonesia in the Asia Pacific region are fast emerging economies. Corporate sector and manufacturing sector is growing rapidly and hence infrastructure such as corporate buildings, and manufacturing plants requirements is also increasing rapidly. The Asia Pacific region is experiencing a rising demand for welding consumables due to their utilization in the construction sector for joining metal framework, including roofs, walls, and other structural components. As a result, the demand for welding consumables in the Asia Pacific region is on the upward trajectory.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East Africa