용접 소모품 시장 보고서 : 제품 유형별, 용접 방법별, 최종 이용 산업별, 지역별(2025-2033년)

The global welding consumables market size reached USD 17.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 26.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.49% during 2025-2033. The growing deployment of new consumables with advanced alloy compositions and coatings, increasing construction of residential and commercial buildings, and the rising use of welding consumables in different industry verticals are some of the major factors propelling the market.

Welding consumables are materials used in welding processes to join metals and materials. They are formulated with specific alloy compositions to match the base metals being welded, which offers optimal compatibility and mechanical properties. They contain shielding gases or fluxes that protect the weld from oxidation and other contaminants during the welding process. They aid in creating strong, durable, and reliable welds by providing the necessary filler material, shielding gases, and fluxes. They ensure the structural integrity and longevity of the welded joints, improve productivity, and reduce downtime. They are widely used in the construction of bridges, buildings, pipelines, and other large-scale infrastructure projects.

The expanding global population and the rising consumption of electricity are positively influencing the market. Additionally, the increasing construction of wind turbines, solar panels, and other renewable energy infrastructure is catalyzing the demand for welding consumables to create strong connections that can withstand the rigors of these energy systems. The emergence of new technologies like additive manufacturing and advanced joining techniques is also creating opportunities for innovative welding consumables. Apart from this, the continuous growth of international trade and commerce is driving the demand for transportation-related infrastructure constructed with welding consumables. Furthermore, the rising need to repair, retrofit, and upgrade aging historical infrastructure is augmenting the market growth.

Welding Consumables Market Trends/Drivers:

Technological advancements and innovation

The development of innovative solutions that enhance the efficiency, quality, and precision of welding processes represents one of the key factors positively influencing the market. Additionally, the deployment of new consumables with advanced alloy compositions and coatings is enabling superior weld strength and corrosion resistance, which is positively influencing the market. Moreover, the integration of automation and robotics in welding operations is transforming the landscape and leading to faster and more consistent welds. These innovations help in reducing production time and costs and contributing to safer working conditions by minimizing human exposure to hazardous environments. Apart from this, leading market players are investing in research and development (R&D) activities to introduce more advanced product variants.

Infrastructure development and urbanization

Rapid urbanization and infrastructure development across the globe are catalyzing the demand for welding consumables. The increasing construction and remodeling activities of residential and commercial buildings are positively influencing the market. Additionally, governments of various countries are focusing on the upgradation of bridges, roads, buildings, and other critical infrastructure, which is driving the need for reliable and durable welds. Welding consumables help ensure the structural integrity of these projects, enabling them to withstand the test of time and environmental challenges, which is promoting its adoption worldwide. Moreover, the trend towards sustainable and energy-efficient buildings is catalyzing the demand for precise welding techniques to install advanced HVAC systems, pipelines, and electrical components.

Growing demand from key end-use industries

The increasing utilization of welding consumables across various industries, including automotive, energy, and aerospace, for their manufacturing and maintenance needs is strengthening the growth of the market. For instance, the rising use of welding consumables in the automotive sector for assembly, repair, and customization of vehicles is driving its adoption worldwide. Apart from this, in the energy sector, welding consumables are used for constructing and maintaining power plants, pipelines, and renewable energy structures. Furthermore, there is an escalating demand for precision welds in the aerospace industry for aircraft components, which is offering a favorable market outlook. Moreover, the expansion of these industries is catalyzing the demand for high-quality welding consumables.

Welding Consumables Industry Segmentation:

Breakup by Product Type:

• Stick Electrodes
• Solid Wires
• Flux Cored Wires
• Saw Wires and Fluxes
• Others

Stick electrodes dominate the market

Breakup by Welding Technique:

• Arc Welding
• Oxy-Fuel Welding
• Resistance Welding
• Ultrasonic Welding
• Others

Arc welding represents the largest market segment

Breakup by End-Use Industries:

• Construction
• Automobile
• Energy
• Shipbuilding
• Aerospace
• Industrial Equipment
• Others

Construction accounts for the majority of the market share

Breakup by Region:

• Asia Pacific
• North America
• Middle East and Africa
• Europe
• Latin America

North America exhibits a clear dominance, accounting for the largest welding consumables market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share since the region leads in adopting automation and robotics in manufacturing processes, including welding. Automated welding systems require consistent and reliable welding consumables. Additionally, North America is home to numerous large-scale construction and infrastructure projects, ranging from skyscrapers to energy installations. These projects rely heavily on welding consumables to achieve structural integrity and durability. Apart from this, various industries in North America, such as aerospace and automotive, adhere to strict quality and safety standards, which necessitates the use of high-quality welding consumables that ensure compliance and reliability.

Competitive Landscape:

Companies are investing significantly in research and development (R&D) activities to innovate and develop new welding consumables that meet evolving industry requirements. This includes creating products for new materials, applications, and welding techniques. Additionally, many companies are focusing on developing eco-friendly welding consumables that minimize environmental impact. This aligns with the increasing demand for sustainable practices across industries. Apart from this, they are actively educating customers about the benefits, proper usage, and best practices related to their welding consumables. This empowers end-users to make informed choices and optimize their welding operations. Moreover, various leading companies are expanding their global footprint by entering new markets and regions.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Voestalpine AG
• Colfax Corporation
• The Lincoln Electric Company
• Air Liquide
• Hyundai Welding Co., Ltd.
• Obara Corporation
• Panasonic Corporation
• Illinois Tool Works Inc.
• Denyo Co., Ltd.
• Fronius International GmbH
• Tianjin Bridge Welding Materials Co., Ltd.
• Kemppi Oy
• Arcon Welding Equipment

Key Questions Answered in This Report:

• How has the global welding consumables market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global welding consumables market?
• What is the impact of each driver, restraint, and opportunity on the global welding consumables market?
• What are the key regional markets?
• Which countries represent the most attractive welding consumables market?
• What is the breakup of the market based on the product type?
• Which is the most attractive product type in the welding consumables market?
• What is the breakup of the market based on the welding technique?
• Which is the most attractive welding technique in the welding consumables market?
• What is the breakup of the market based on the end-use industries?
• Which is the most attractive end-use industries in the welding consumables market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global welding consumables market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Welding Consumables Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Product Type
• 5.5 Market Breakup by Welding Technique
• 5.6 Market Breakup by End-Use Industries
• 5.7 Market Breakup by Region
• 5.8 Market Forecast

6 Market Breakup by Product Type

• 6.1 Stick Electrodes
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Solid Wires
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Flux Cored Wires
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 SAW Wires and Fluxes
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Welding Technique

• 7.1 Arc Welding
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Resistance Welding
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Oxy-fuel Welding
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Ultrasonic Welding
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by End-Use Industries

• 8.1 Construction
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Automobile
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Energy
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Shipbuilding
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Aerospace
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Industrial Equipment
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 Asia Pacific
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 North America
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Middle East and Africa
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Latin America
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

• 11.1 Overview
• 11.2 Research and Development
• 11.3 Raw Material Procurement
• 11.4 Manufacturing
• 11.5 Marketing
• 11.6 Distribution
• 11.7 End-Use

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Voestalpine AG
  • 14.3.2 Colfax Corporation
  • 14.3.3 The Lincoln Electric Company
  • 14.3.4 Air Liquide
  • 14.3.5 Hyundai Welding Co., Ltd.
  • 14.3.6 Obara Corporation
  • 14.3.7 Panasonic Corporation
  • 14.3.8 Illinois Tool Works Inc.
  • 14.3.9 Denyo Co., Ltd.
  • 14.3.10 Fronius International GmbH
  • 14.3.11 Tianjin Bridge Welding Materials Co., Ltd.
  • 14.3.12 Kemppi Oy
  • 14.3.13 Arcon Welding Equipment