Market Overview:
The global welding and brazing consumables market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for welding and brazing consumables in the automotive, construction, aerospace & defense, shipbuilding, pipe, air conditioner & refrigerator and other industries. In terms of type, the welding consumables segment is expected to hold a larger share of the global welding and brazing consumables market during the forecast period. This can be attributed to the growing demand for welded products in various end-use industries.
Product Definition:
Welding and Brazing Consumables are materials that are used during the welding and brazing processes. They include filler metals, fluxes, electrodes, and rods. The purpose of these materials is to help join two or more pieces of metal together.
Welding Consumables:
Welding consumables are the materials required for welding and brazing. They can be classified into two categories, one is metal based products such as electrodes, rods & wires, filler metals; and the other is non-metal based products such as gases & liquids.
Brazing Consumables:
Brazing consumables are products which are used in brazing operations. Brazing consumables include all the products required for brazing, excluding equipment such as welding machines and filler metals. These include fluxes, wire & rod, electrodes (including special purpose), braze material (including specialty and general-purpose), coolants & protectants and tools.
Application Insights:
The automotive segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Automotive brazing is used to join dissimilar metals, alloys or composites by melting and welding them together. Brazing helps in reducing production costs as it requires less preparation compared to other welding processes, thereby making it an ideal choice for low-cost manufacturing activities such as small scale automobile production or home appliances among others.
Automotive applications include body & chassis, powertrain (engine & transmission), aftermarket parts (lubricants, coolants) and equipment (wheelchairs). The global rise in demand for lightweight vehicles owing to increasing consumer preference towards sports utility vehicles is expected to drive the consumption of brazing consumables over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing foreign investments in developing countries such as China and India. For instance, in 2017, Chinese companies invested around USD X billion on overseas projects which include construction of high-speed railway networks and various other infrastructure developments. Such investments are likely to increase with time as they help improve people’s lives by providing better connectivity and facilities for transportation across large areas thus generating more demand for welding consumables over the forecast period.
Europe accounted for a significant share of global market revenue owing to early adoption of advanced technologies resulting into increased production volumes especially in Germany, U.K.
Growth Factors:
- Increasing demand for welding and brazing consumables from the automotive and transportation sector due to the increasing production of vehicles.
- Growing demand for welding and brazing consumables in the construction sector due to the increasing number of infrastructure projects.
- Rising demand for welding and brazing consumables in the manufacturing sector due to growing industrialization worldwide.
- Increasing use of welding and brazing consumables in renewable energy projects owing to their high efficiency levels as compared to traditional methods such as soldering or riveting, which can cause damage to delicate parts or components during installation or assembly processes .
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding and Brazing Consumables Market Research Report
By Type
Welding Consumables, Brazing Consumables
By Application
Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe, Air Conditioner & Refrigerator, Others
By Companies
Colfax, Lincoln Electri, Voestalpine Böhler Welding, ITW, Gedik Welding, Wall Colmonoy, Kobelco, Lucas-Milhaupt, Materion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Welding and Brazing Consumables Market Report Segments:
The global Welding and Brazing Consumables market is segmented on the basis of:
Types
Welding Consumables, Brazing Consumables
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe, Air Conditioner & Refrigerator, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Colfax
- Lincoln Electri
- Voestalpine Böhler Welding
- ITW
- Gedik Welding
- Wall Colmonoy
- Kobelco
- Lucas-Milhaupt
- Materion
Highlights of The Welding and Brazing Consumables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Welding Consumables
- Brazing Consumables
- By Application:
- Automotive
- Construction
- Aerospace & Defense
- Shipbuilding
- Pipe
- Air Conditioner & Refrigerator
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Welding and Brazing Consumables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Welding and brazing consumables are the materials used to create joints in metal. They include rods, wire, fluxes, and other necessary supplies for welding or brazing.
Some of the major companies in the welding and brazing consumables market are Colfax, Lincoln Electri, Voestalpine B¶hler Welding, ITW, Gedik Welding, Wall Colmonoy, Kobelco, Lucas-Milhaupt, Materion.
The welding and brazing consumables market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Welding and Brazing Consumables Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Welding and Brazing Consumables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Welding and Brazing Consumables Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Welding and Brazing Consumables Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Welding and Brazing Consumables Market Size & Forecast, 2020-2028
4.5.1 Welding and Brazing Consumables Market Size and Y-o-Y Growth
4.5.2 Welding and Brazing Consumables Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Welding Consumables
5.2.2 Brazing Consumables
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Construction
6.2.3 Aerospace & Defense
6.2.4 Shipbuilding
6.2.5 Pipe
6.2.6 Air Conditioner & Refrigerator
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Welding and Brazing Consumables Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Welding and Brazing Consumables Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Welding Consumables
9.6.2 Brazing Consumables
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Construction
9.10.3 Aerospace & Defense
9.10.4 Shipbuilding
9.10.5 Pipe
9.10.6 Air Conditioner & Refrigerator
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Welding Consumables
10.6.2 Brazing Consumables
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Construction
10.10.3 Aerospace & Defense
10.10.4 Shipbuilding
10.10.5 Pipe
10.10.6 Air Conditioner & Refrigerator
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Welding Consumables
11.6.2 Brazing Consumables
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Construction
11.10.3 Aerospace & Defense
11.10.4 Shipbuilding
11.10.5 Pipe
11.10.6 Air Conditioner & Refrigerator
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Welding Consumables
12.6.2 Brazing Consumables
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Construction
12.10.3 Aerospace & Defense
12.10.4 Shipbuilding
12.10.5 Pipe
12.10.6 Air Conditioner & Refrigerator
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Welding Consumables
13.6.2 Brazing Consumables
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Construction
13.10.3 Aerospace & Defense
13.10.4 Shipbuilding
13.10.5 Pipe
13.10.6 Air Conditioner & Refrigerator
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Welding and Brazing Consumables Market: Competitive Dashboard
14.2 Global Welding and Brazing Consumables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Colfax
14.3.2 Lincoln Electri
14.3.3 Voestalpine Böhler Welding
14.3.4 ITW
14.3.5 Gedik Welding
14.3.6 Wall Colmonoy
14.3.7 Kobelco
14.3.8 Lucas-Milhaupt
14.3.9 Materion
