|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 13.4 billion
|
|
Market Size (2030)
|
USD
19.10 billion
|
|
CAGR (2025-2030)
|
5.93%
|
|
Fastest Growing Segment
|
Aluminum
|
|
Largest Market
|
Asia Pacific
|
Market
Overview
Global
Welding
Consumables Market was
valued at USD 13.4 billion in 2024 and is expected to reach USD 19.10 billion by
2030 with a CAGR of 5.93% during the forecast period.
The Welding
Consumables Market refers to the industry focused on the production and supply
of materials used during welding processes, which are consumed to join metal
components permanently. These consumables include electrodes, filler metals,
fluxes, and wires, which play a critical role in ensuring the strength,
integrity, and quality of welded joints across various applications. The market
caters to a wide range of industries such as automotive and transportation,
building and construction, shipbuilding, oil and gas, power generation,
aerospace and defense, and manufacturing.
Welding
consumables are essential for both fabrication and repair activities, and their
demand is closely linked to the expansion of infrastructure, industrial
manufacturing, and maintenance services. The market is segmented based on
product types—such as stick electrodes, solid wires, flux-cored wires, and SAW
(submerged arc welding) wires and fluxes—as well as welding techniques like arc
welding, resistance welding, and oxy-fuel welding. Materials used in welding
consumables vary depending on the application and include stainless steel, mild
steel, aluminum, and other alloys.
The market is
expected to witness robust growth in the coming years due to several key
drivers. Firstly, rapid urbanization and industrialization in emerging
economies are fueling demand for infrastructure and heavy machinery, thereby
increasing the need for welding consumables. Secondly, the automotive and
transportation sector is expanding due to rising vehicle production and
technological advancements in lightweight materials, creating more complex
welding requirements. Thirdly, the growth in renewable energy and oil and gas
projects globally is leading to higher consumption of welding consumables for
pipeline construction, wind towers, and maintenance work.
Key Market Drivers
Expansion of Global
Construction and Infrastructure Development
The Welding Consumables
Market is experiencing significant growth driven by the global surge in
construction and infrastructure development. Rapid urbanization, particularly
in emerging economies like India, China, and Southeast Asia, has led to
increased investments in residential, commercial, and public infrastructure
projects, such as bridges, highways, and skyscrapers. Welding consumables,
including electrodes, filler metals, and fluxes, are critical for joining
structural components like steel beams and columns, ensuring durability and
safety in these projects.
The demand is further
amplified by government initiatives, such as India’s National Infrastructure
Pipeline, which prioritizes large-scale infrastructure to support economic
growth. In developed markets, the focus on modernizing aging infrastructure,
such as pipelines and transportation networks, also fuels demand for
high-quality welding consumables. The construction sector’s reliance on welding
for fabricating and assembling metal frameworks drives the need for advanced
consumables that offer precision and efficiency. Additionally, the rise in
green building initiatives has spurred demand for consumables compatible with
sustainable materials, aligning with global environmental goals.
Manufacturers are
responding by developing specialized products, such as low-hydrogen electrodes,
to meet the stringent requirements of modern construction projects. The
integration of automation in construction welding processes, including robotic
welding systems, further enhances productivity, increasing the consumption of
specialized filler wires and fluxes. As global economies continue to invest in
infrastructure to support population growth and urban expansion, the Welding
Consumables Market is poised for sustained growth, driven by the sector’s need
for reliable, high-performance welding solutions that ensure structural
integrity and meet evolving regulatory standards.
According to the United
Nations Habitat, global construction output reached USD11.4 trillion in 2024,
with a 4.5% increase from 2023. Asia-Pacific accounted for 46% of this output,
driven by infrastructure projects. In 2024, welding consumables used in
construction projects grew by 8%, with electrodes comprising 40% of consumables
demand, as per International Monetary Fund economic data. India’s
infrastructure spending rose by 10%, totaling USD1.3 trillion under the
National Infrastructure Pipeline.
Growth in Automotive and
Transportation Sector
The automotive and
transportation sector’s robust growth is a major driver for the Welding
Consumables Market, as welding is integral to vehicle manufacturing and
assembly. The global push for electric vehicles (EVs) and lightweight,
fuel-efficient designs has increased the demand for advanced welding
consumables, such as flux-cored wires and solid wires, to join dissimilar
metals like aluminum and high-strength steel.
This trend is particularly
evident in regions like North America and Europe, where automakers are
investing heavily in EV production to meet stringent emission regulations.
Welding consumables ensure strong, precise joints in critical components like
chassis, battery enclosures, and body panels, enhancing vehicle safety and
performance. The rise in hybrid and autonomous vehicle production further
amplifies the need for specialized consumables to support high-precision
welding techniques, such as laser and resistance welding.
In emerging markets, the
expansion of automotive manufacturing hubs, particularly in China and India,
drives demand for cost-effective yet durable consumables. The transportation
sector, including rail and heavy-duty vehicles, also contributes significantly,
as welding is essential for fabricating durable components like railcars and
truck frames. Innovations in welding consumables, such as low-spatter wires and
eco-friendly fluxes, cater to the industry’s focus on efficiency and
sustainability.
As global automotive
production rebounds post-pandemic and shifts toward next-generation vehicles,
the Welding Consumables Market benefits from increased consumption across
diverse applications, supported by manufacturers’ efforts to optimize
production processes and meet rising consumer demand for advanced vehicles.
In 2024, global electric
vehicle sales reached 14 million units, a 35% increase from 2023, according to
the International Energy Agency. Automotive welding consumables demand grew by
9%, with flux-cored wires accounting for 30% of the market. The U.S. Census
Bureau reported a 7% rise in automotive manufacturing output, valued at USD850
billion in 2024, with 25% of welding consumables used for EV battery assembly.
Advancements in Welding
Technologies and Automation
Technological advancements
in welding processes and the increasing adoption of automation are
significantly driving the Welding Consumables Market. Innovations such as
robotic welding, laser beam welding, and plasma welding require specialized
consumables, like high-performance filler metals and shielding gases, to
achieve precision and efficiency. The integration of Industry 4.0 technologies,
including IoT-enabled welding systems, enhances real-time monitoring and
quality control, increasing the demand for smart consumables that ensure
consistent weld quality.
Robotic welding, widely
adopted in automotive, aerospace, and manufacturing sectors, relies on
flux-cored and solid wires to deliver high-speed, accurate welds, reducing
labor costs and improving productivity. These advancements are particularly
impactful in developed markets like North America and Europe, where
manufacturers invest heavily in R&D to develop consumables compatible with
automated systems.
In emerging economies, the
gradual adoption of automation in small and medium enterprises is boosting
demand for cost-effective, high-quality consumables. Additionally, innovations
in eco-friendly consumables, such as low-fume electrodes, align with global
sustainability goals and stricter workplace safety regulations.
The development of
consumables for advanced welding techniques, like submerged arc welding,
supports heavy industries such as shipbuilding and energy, further expanding
the market. As industries prioritize efficiency, safety, and environmental
compliance, the Welding Consumables Market is driven by the need for innovative
products that meet the evolving demands of automated and high-precision welding
applications.
In 2024, global spending on
robotic welding systems increased by 12%, reaching USD6.2 billion, according to
the International Federation of Robotics. Welding consumables for automated
systems grew by 10%, with solid wires comprising 35% of demand. The United
Nations Industrial Development Organization reported a 15% rise in smart welding
technology adoption, with 20% of consumables used in laser welding applications
in 2024.
Increasing Demand from
Energy and Oil & Gas Sectors
The energy sector,
encompassing oil and gas, renewable energy, and power generation, is a key
driver for the Welding Consumables Market due to its reliance on robust welding
solutions for infrastructure development and maintenance. The construction and
repair of pipelines, offshore rigs, and renewable energy installations, such as
wind turbines and solar farms, require high-quality consumables like stick
electrodes and shielding gases to ensure durable welds that withstand extreme
conditions. The global push for renewable energy, particularly in Asia-Pacific
and Europe, has increased demand for consumables used in fabricating wind
turbine towers and solar panel frameworks.
In the oil and gas
industry, welding consumables are critical for pipeline maintenance and
exploration projects, especially in regions like the Middle East and North
America. The rise in shale gas exploration and LNG (liquefied natural gas)
projects further amplifies demand for specialized consumables that ensure
corrosion resistance and structural integrity. Government investments in energy
infrastructure, such as India’s target of 500 GW of non-fossil fuel energy by
2030, drive the need for welding consumables in large-scale projects.
Manufacturers are innovating with consumables that support high-strength,
low-temperature welds for energy applications, enhancing market growth. As
global energy demands rise and infrastructure projects expand, the Welding
Consumables Market is poised to benefit from the sector’s need for reliable,
high-performance welding solutions.
In 2024, global renewable
energy capacity grew by 8%, reaching 3,700 GW, per the International Renewable
Energy Agency. Welding consumables for energy projects increased by 7%, with
stick electrodes accounting for 38% of demand. The U.S. Energy Information
Administration reported a 5% rise in pipeline construction, valued at USD120
billion, with 22% of consumables used for oil and gas applications in 2024.

Download Free Sample Report
Key Market Challenges
Volatility in Raw Material
Prices and Supply Chain Disruptions
One of the most critical
challenges confronting the Welding Consumables Market is the persistent
volatility in raw material prices and the susceptibility of the global supply
chain to disruptions. Welding consumables are primarily composed of materials such
as steel, aluminum, copper, and various metal alloys. These base materials are
heavily influenced by fluctuations in global commodity prices, which are
subject to unpredictable variables including geopolitical tensions, trade
disputes, environmental regulations, and natural disasters. The price
instability of these core inputs directly impacts production costs, profit
margins, and pricing strategies for manufacturers and distributors of welding
consumables.
Moreover, the global supply
chain for welding consumables is increasingly interconnected, with raw
materials sourced from various regions and processed across multiple
geographies before reaching the end user. This dependency on international
trade creates exposure to logistical bottlenecks, port congestions, labor
shortages, and transportation delays. Events such as the global pandemic, the
Russia–Ukraine conflict, and climate-related calamities have highlighted the
vulnerability of supply networks. Delays in raw material procurement can lead
to production slowdowns, unmet orders, and increased operational costs, thereby
diminishing competitiveness and customer satisfaction.
Additionally, market
participants must navigate the challenge of maintaining sufficient inventory
without incurring excessive holding costs, especially during periods of demand
uncertainty. Inconsistent supply availability can lead to interruptions in critical
sectors such as construction, automotive manufacturing, and power generation,
where welding processes are essential. To mitigate these risks, companies are
being compelled to reassess their sourcing strategies, invest in localized
manufacturing capabilities, and develop contingency plans to ensure business
continuity.
While some firms are
exploring vertical integration and long-term supplier contracts as risk
mitigation measures, these approaches require substantial capital investment
and operational restructuring. Thus, managing raw material price volatility and
navigating supply chain complexities will remain a fundamental and ongoing
challenge in sustaining profitability and reliability within the Welding
Consumables Market.
Shortage of Skilled Labor
and Training Gaps in Welding Industry
The growing shortage of
skilled labor represents a significant barrier to the growth and efficiency of
the Welding Consumables Market. Welding is a specialized trade that requires a
high level of technical skill, precision, and knowledge of safety standards.
Despite the increasing demand for welding applications across multiple
industries, there is a widening gap between the supply of qualified welders and
the labor requirements of the market. This shortage is particularly acute in
advanced economies, where the average age of certified welders is rising, and
fewer younger individuals are entering the profession.
The lack of adequately
trained professionals affects the utilization and performance of welding
consumables, as improper handling, storage, or application can lead to material
wastage, weak joints, and project delays. Additionally, high turnover rates and
the limited availability of certified welders reduce productivity and hinder
the execution of large-scale infrastructure and industrial projects. The
shortage also places pressure on manufacturers of welding consumables to offer
enhanced technical support and training, increasing their operational burden.
Furthermore, the welding
industry is evolving with the introduction of automated and robotic welding
systems, which require a new set of skills that many traditional welders do not
possess. Bridging this digital skills gap is a significant challenge, especially
in regions where vocational training infrastructure is underdeveloped or poorly
aligned with industry requirements. While some companies and trade institutions
have initiated training programs and apprenticeships, widespread adoption and
standardization of such efforts are still lacking.
The skilled labor shortage
also increases labor costs, as companies must compete for a limited talent
pool, often resulting in higher project budgets and timelines. Unless there is
a concerted effort by industry stakeholders, educational institutions, and
policymakers to invest in vocational training and promote welding careers, the
labor challenge will continue to hinder the optimal growth and operational
efficiency of the Welding Consumables Market.
Key Market Trends
Rising Adoption of
Automated and Robotic Welding Solutions
One of the most prominent
trends shaping the Welding Consumables Market is the rapid integration of
automated and robotic welding technologies across various industrial sectors.
The demand for precision, efficiency, and consistency in welding applications
has led manufacturers to invest in robotic welding systems, which offer
improved operational throughput, reduced labor dependency, and minimized
errors. This shift is significantly impacting the types of welding consumables
being used, with increased preference for high-performance wires and electrodes
that are compatible with automated machinery.
Industries such as
automotive and transportation, aerospace, and heavy engineering are at the
forefront of this trend, driven by the need for complex welds, lightweight
materials, and consistent product quality. Robotic welding systems are
especially effective in high-volume production environments, where traditional
manual welding would be less efficient or error-prone. As a result,
manufacturers of welding consumables are focusing on developing products that
offer better arc stability, lower spatter, and superior feedability to ensure
compatibility with automated systems.
Furthermore, the adoption
of intelligent technologies such as artificial intelligence, machine learning,
and sensor-based monitoring systems within robotic welding solutions is
fostering the demand for advanced consumables that support real-time quality control
and data collection. This trend also supports the integration of predictive
maintenance practices, reducing downtime and enhancing productivity.
The growing shortage of
skilled labor in the welding industry further accelerates the shift toward
automation, making robotic systems a viable solution to bridge operational
gaps. Additionally, government initiatives to promote Industry 4.0 practices
and smart manufacturing are further encouraging companies to modernize their
welding infrastructure.
Increased Focus on
Eco-Friendly and Low-Emission Welding Consumables
Sustainability has emerged
as a critical focus in the Welding Consumables Market, with growing emphasis on
the development and adoption of eco-friendly, low-emission products. As environmental
regulations tighten and corporate social responsibility gains prominence,
manufacturers are investing in consumables that minimize ecological impact
without compromising performance. This includes the production of welding
wires, rods, and fluxes with reduced levels of harmful emissions such as
volatile organic compounds, heavy metals, and airborne particulates.
Government mandates such as
the Registration, Evaluation, Authorisation and Restriction of Chemicals, and
occupational safety standards, are driving the demand for cleaner alternatives
in both manufacturing processes and end-use applications. Many industries,
including construction, shipbuilding, and oil and gas, are increasingly
prioritizing environmentally responsible sourcing in their procurement
practices, thereby influencing the product offerings of welding consumables
suppliers.
Moreover, end users are
seeking consumables that generate less fume and spatter during welding
operations, especially in confined or poorly ventilated spaces. This not only
ensures compliance with workplace health and safety standards but also reduces
post-weld cleanup time and costs. Manufacturers are responding by launching
low-fume electrodes, flux-cored wires with improved slag detachability, and
innovative shielding gas solutions that reduce overall emissions.
Research and development
initiatives are also focusing on the use of recyclable packaging materials and
more energy-efficient production techniques to lower the carbon footprint
across the value chain. Additionally, companies are pursuing environmental
certifications and aligning their offerings with sustainability goals to meet
customer expectations and gain a competitive edge in environmentally sensitive
markets.
This trend reflects a
broader movement across the industrial sector toward sustainable manufacturing
and responsible consumption. As industries strive to meet their environmental
objectives and enhance worker safety, the demand for green welding consumables
is expected to grow substantially. It will continue to drive innovation and
redefine product standards across the global Welding Consumables Market.
Expansion of the Market in
Emerging Economies Through Infrastructure Development
The Welding Consumables
Market is experiencing significant growth across emerging economies, primarily
fueled by large-scale infrastructure development and rapid industrialization.
Regions such as Asia Pacific, Latin America, the Middle East, and parts of
Africa are investing heavily in public infrastructure, housing projects,
transportation networks, energy facilities, and manufacturing hubs. These
activities are generating sustained demand for welding consumables,
particularly in structural steel welding, pipeline construction, and heavy
machinery fabrication
Countries such as India,
China, Brazil, Indonesia, and the United Arab Emirates are leading this growth
trajectory. Their governments are rolling out ambitious infrastructure
initiatives, such as smart cities, renewable energy expansion, metro rail systems,
and highway modernization. These projects require high volumes of welding
materials and services, resulting in greater consumption of electrodes, wires,
and fluxes.
Additionally, the
increasing foreign direct investment in manufacturing sectors within these
regions is fostering the growth of industrial and commercial facilities, which
depend heavily on welding applications. The rising presence of multinational
corporations and joint ventures is also contributing to technology transfer and
the availability of high-quality welding consumables in local markets
Moreover, the shift in
global manufacturing bases from developed economies to cost-efficient
developing regions is creating new opportunities for welding consumables
providers. Many global players are establishing production units or
distribution partnerships in these regions to meet the growing local demand and
improve delivery timelines.
Skilled labor development
and technical education are also being prioritized in emerging markets,
supporting better implementation of welding standards and more efficient use of
consumables. Furthermore, government support through favorable trade policies,
infrastructure spending, and industrial incentives is facilitating a stable
business environment for welding consumables manufacturers.
As industrial expansion
continues, and infrastructure development remains a top economic priority,
emerging economies are set to become major contributors to the global Welding
Consumables Market. Their rising demand is expected to drive volume growth and
stimulate innovation tailored to regional needs.
Segmental Insights
Type Insights
In 2024, the Stick
Electrodes segment dominated the Welding Consumables Market and is expected to
maintain its leading position during the forecast period. This dominance is
primarily attributed to the versatility, cost-effectiveness, and ease of use
associated with stick electrodes across a wide range of welding applications
and industries. Stick electrodes, also known as shielded metal arc welding
electrodes, are widely adopted in construction, shipbuilding, maintenance, and
repair operations due to their ability to perform well under challenging
environmental conditions such as wind, rain, and varying temperatures.
Unlike other welding
consumables, stick electrodes do not require external shielding gas, making
them particularly suitable for outdoor and remote-site applications where
portability and convenience are critical. Additionally, the technology’s
compatibility with a broad range of metals, including carbon steel, stainless
steel, and cast iron, makes it an attractive solution for diverse welding
needs. In developing and underdeveloped regions, the continued preference for
manual welding methods and limited access to advanced welding equipment further
bolster the demand for stick electrodes.
Moreover, the relatively
low equipment cost and minimal training requirements contribute to its
widespread use, especially in small-scale and mid-sized enterprises. Even as
more advanced and automated welding techniques gain popularity in
industrialized economies, stick electrodes continue to be favored in repair and
maintenance applications, where precision and accessibility are essential.
Manufacturers are also enhancing product quality by offering low-hydrogen and
moisture-resistant stick electrodes that improve weld strength and minimize
porosity, aligning with increasing demand for high-performance solutions.
Furthermore, in regions
experiencing strong infrastructure growth and industrial expansion—such as Asia
Pacific, the Middle East, and parts of Africa—stick electrodes remain a
critical component due to their proven reliability and adaptability. Given their
broad applicability, low operating costs, and continual improvements in
electrode technology, the stick electrodes segment is well-positioned to retain
its dominance in the global Welding Consumables Market in the years ahead.
Material Insights
In 2024, the Mild Steel
segment dominated the Welding Consumables Market and is anticipated to maintain
its dominance during the forecast period. This leading position can be
attributed to the widespread use of mild steel across various end-use industries
such as construction, automotive, shipbuilding, general fabrication, and
infrastructure development. Mild steel is favored for its excellent
weldability, affordability, availability, and mechanical strength, making it a
preferred choice for both structural and non-structural applications.
Due to its low carbon
content, mild steel supports cleaner and more stable welds, which reduces the
likelihood of defects and rework, thereby increasing operational efficiency and
reducing production costs. Moreover, the ease of welding mild steel using a
range of techniques—such as shielded metal arc welding, gas metal arc welding,
and flux-cored arc welding—further enhances its applicability across both
manual and automated welding processes. The growing demand for mild steel in
developing regions, particularly in Asia Pacific, the Middle East, and Africa,
is driven by rapid industrialization, urbanization, and large-scale investments
in public infrastructure.
The rising need for
affordable and durable materials in construction, heavy machinery, and
transportation equipment continues to boost consumption of welding consumables
designed specifically for mild steel. Manufacturers are also introducing
consumables with enhanced mechanical properties to meet the evolving quality
standards in welding applications involving mild steel. Additionally, the
recyclability and sustainability associated with mild steel contribute to its
continued preference in environmentally conscious industries.
Even as high-performance
alloys and advanced materials gain traction in niche applications, mild steel
remains the backbone of mass-market fabrication due to its balanced performance
and cost advantages. Its consistent demand across traditional and emerging
sectors ensures that the mild steel segment will remain the most dominant
material category in the global Welding Consumables Market throughout the
forecast period.

Download Free Sample Report
Regional Insights
Largest Region
In 2024, the Asia Pacific region dominated the
Welding Consumables Market and is expected to maintain its dominance during the
forecast period. This leading position is driven by the region’s rapid
industrialization, robust construction activity, and strong presence of key
manufacturing hubs across countries such as China, India, Japan, and South
Korea. The demand for welding consumables in Asia Pacific is significantly
fueled by large-scale infrastructure development, expanding automotive and
transportation sectors, growing energy projects, and increasing investments in
shipbuilding and heavy engineering.
China, in particular, leads the regional market due
to its massive steel production, high consumption of fabricated metals, and
substantial investments in commercial and residential infrastructure. India
follows closely with rapid urbanization, government-led infrastructure
initiatives, and a flourishing construction sector that relies heavily on
welding solutions. Moreover, the growing export-oriented manufacturing base in
Southeast Asian countries such as Vietnam, Thailand, and Indonesia further
contributes to the rising demand for welding consumables across diverse
industrial applications.
The region also benefits from cost-effective labor,
availability of raw materials, and the increasing adoption of advanced welding
technologies to improve productivity and efficiency. The presence of both
domestic and international manufacturers ensures a competitive market
landscape, with continuous innovations and product improvements tailored to
regional needs. Furthermore, government initiatives aimed at promoting
manufacturing and infrastructure growth, such as India’s “Make in India”
campaign and China’s Belt and Road Initiative, continue to support long-term
demand.
Rising awareness of quality and safety standards
among end users in Asia Pacific is also prompting the use of certified,
high-performance welding consumables. With a growing middle-class population,
expanding industrial footprint, and increasing foreign investments, the Asia
Pacific region is well-positioned to sustain its leadership and drive future
growth in the global Welding Consumables Market over the forecast period.
Emerging Region
The Middle East and Africa region is emerging as a
high-potential growth area in the Welding Consumables Market during the
forecast period. This emerging status is primarily attributed to increasing
investments in infrastructure development, industrial expansion, and energy
sector diversification across key countries such as the United Arab Emirates,
Saudi Arabia, Qatar, Egypt, and South Africa. Governments in the region are
actively launching large-scale infrastructure projects, including airports, metros,
industrial zones, oil and gas facilities, and smart cities, which require
extensive metal fabrication and welding processes.
The ongoing transformation initiatives, such as
Saudi Arabia’s Vision 2030 and the United Arab Emirates’ continued push toward
non-oil economic diversification, are significantly boosting construction,
manufacturing, and renewable energy activities—directly increasing the demand
for welding consumables. Additionally, the Middle East is witnessing rising
demand in the oil and gas sector for pipeline construction, refinery expansion,
and maintenance activities, all of which require high volumes of specialized
welding consumables. Africa is also gaining momentum with infrastructure
modernization, urbanization, and increased foreign direct investments aimed at
developing transport networks, power plants, and mining operations.
The region’s vast natural resources and untapped
industrial potential present substantial opportunities for global and regional
welding consumable manufacturers to establish or expand their footprint. While
challenges related to workforce training and technology adoption exist, efforts
are underway to develop skilled labor through vocational programs and
public-private partnerships.
Moreover, increased importation of advanced welding
solutions and rising awareness about construction standards are expected to
improve product quality and market maturity. As both public and private sectors
in the Middle East and Africa prioritize infrastructure resilience and
industrial capacity building, the region is set to emerge as a vital growth
frontier. These factors collectively make the Middle East and Africa one of the
most promising emerging regions in the global Welding Consumables Market over
the forecast period.
Recent Development
- On April, 2024, Lincoln Electric
completed the acquisition of RedViking, a company specializing in autonomous
guided vehicles, mobile robotic platforms, and manufacturing execution system
software. This strategic move strengthens Lincoln Electric’s position in the
automation sector, particularly in aerospace, defense, and transportation
industries. The acquisition aligns with the company’s broader goal of expanding
its intelligent automation capabilities, enabling it to deliver more
integrated, high-efficiency solutions to industrial clients across
mission-critical and high-performance manufacturing environments.
- On January , 2025, Christopher
L. Mapes retired as Executive Chair of the Board at Lincoln Electric. Steven B.
Hedlund, who serves as the company’s President and Chief Executive Officer,
assumed the role of Chair. This leadership transition reinforces strategic
continuity and strengthens the company’s governance structure. By unifying
executive and board leadership, Lincoln Electric aims to maintain its long-term
vision, support operational alignment, and ensure consistent execution of its
growth strategies across global markets and business segments.
- On July, 2024, Lincoln Electric
completed the acquisition of Vanair Manufacturing, LLC, a provider of mobile
power solutions including vehicle-mounted compressors, generators, and welders
designed for service truck applications. This acquisition enhances Lincoln
Electric’s offerings in the maintenance and repair segment by broadening its
portfolio of mobile and vehicle-integrated equipment. The move supports the
company’s strategic focus on delivering comprehensive, field-ready solutions
and strengthens its position in servicing utility, construction, and
infrastructure sectors that demand mobile power versatility.
- In April 2024, Lincoln Electric
acquired RedViking, a company specializing in autonomous guided vehicles,
mobile robotic systems, and manufacturing execution system software. This
acquisition strengthens Lincoln Electric’s automation portfolio and expands its
presence in key industries such as aerospace, defense, and transportation. By
integrating RedViking’s advanced technologies, Lincoln Electric aims to deliver
more intelligent and efficient manufacturing solutions, aligning with its
long-term strategy to lead in industrial automation and support evolving
demands for precision, mobility, and smart factory operations.
Key Market Players
- Lincoln Electric Holdings, Inc.
- ESAB Corporation
- Air Liquide S.A.
- voestalpine Böhler
Welding Group GmbH
- Illinois Tool Works
Inc. (ITW)
- Fronius International
GmbH
- Kobe Steel, Ltd.
- Ador Welding Limited
- Panasonic Welding
Systems Co., Ltd.
- Obara Corporation
|
By Type
|
By Material
|
By End User
|
By Region
|
- Stick
Electrodes
- Solid
Wires
- Flux-Cored
Wires
- SAW
|
- Stainless
Steel
- Mild Steel
- Aluminum
- Others
|
- Automotive
and Transportation
- Building and
Construction
- Shipbuilding
- Oil and Gas
- Power
Generation
- Aerospace
and Defense
- Others
|
- North
America
- Europe
- South
America
- Middle East
& Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Welding Consumables
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Welding Consumables Market, By
Type:
o Stick Electrodes
o Solid Wires
o Flux-Cored Wires
o SAW
- Welding Consumables Market, By
Material:
o Stainless Steel
o Mild Steel
o Aluminum
o Others
- Welding Consumables Market, By
End User:
o Automotive and Transportation
o Building and Construction
o Shipbuilding
o Oil and Gas
o Power Generation
o Aerospace and Defense
o Others
- Welding Consumables Market,
By Region:
o North America
§
United
States
§
Canada
§
Mexico
o Europe
§
Germany
§
France
§
United
Kingdom
§
Italy
§
Spain
o South America
§
Brazil
§
Argentina
§
Colombia
o Asia-Pacific
§
China
§
India
§
Japan
§
South
Korea
§
Australia
o Middle East & Africa
§
Saudi Arabia
§
UAE
§
South
Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Global Welding Consumables Market.
Available Customizations:
Global Welding Consumables Market report
with the given market data, TechSci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Global Welding Consumables Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]