The global solid welding wires market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for high-quality welds in various industries such as automotive, construction, aerospace & defense, shipbuilding and pipe. The increasing demand for high-quality welds in various industries such as automotive, construction, aerospace & defense, shipbuilding and pipe is driving the growth of this market.
The global solid welding wires market has been segmented on the basis of type into diameter below 1mm (USD 0.4 billion), diameter between 1mm and 2.5mm (USD 0.6 billion) and diameter above 2.5mm (USD 0.6 billion). On the basis of application it has been segmented into automotive (USD 0.8 billion), construction (USD 0.7 billion), aerospace & defense (USD 0 million), shipbuilding (USD million) and pipe industry( USD million). North America dominates this market with a share of 39%.
Some Of The Growth Factors Of This Market:
- The increasing demand for welding wires in the construction industry is a major factor driving the growth of the market.
- The increasing demand for welding wires in the automotive industry is a major factor driving the growth of the market.
- The increasing demand for welding wires in other industries such as aerospace, shipbuilding, and power generation is a major factor driving the growth of this market.
- Increasing investments by companies to develop new products and technologies are also expected to fuel this market's growth over time.
- Increasing awareness about safety standards and regulations among welders are also expected to fuel this market's growth over time.
Industry Growth Insights published a new data on “Solid Welding Wires Market”. The research report is titled “Solid Welding Wires Market research by Types (Diameter: Below 1.0mm, Diameter: 1.0mm-2.5mm, Diameter: Above 2.5mm), By Applications (Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe, Others), By Players/Companies Golden Bridge, Tianjin Bridge, Weld Atlantic, Shandong Solid Solider, Shandong Juli Welding, Zhujiang Xiangjiang Welding, Wuhan Temo Welding, Changzhou Huatong Welding, Colfax Corporation, ITW, Kobelco, Lincoln Electric, Askaynak, Voestalpine, Sumitomo Electric Industries, Hyundai Welding, Gedik Welding, CORODUR, Jinglei Welding, Jiangsu ZhongJiang Welding Wire”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Welding Wires Market Research Report
By Type
Diameter: Below 1.0mm, Diameter: 1.0mm-2.5mm, Diameter: Above 2.5mm
By Application
Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe, Others
By Companies
Golden Bridge, Tianjin Bridge, Weld Atlantic, Shandong Solid Solider, Shandong Juli Welding, Zhujiang Xiangjiang Welding, Wuhan Temo Welding, Changzhou Huatong Welding, Colfax Corporation, ITW, Kobelco, Lincoln Electric, Askaynak, Voestalpine, Sumitomo Electric Industries, Hyundai Welding, Gedik Welding, CORODUR, Jinglei Welding, Jiangsu ZhongJiang Welding Wire
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Solid Welding Wires Market Report Segments:
The global Solid Welding Wires market is segmented on the basis of:
Types
Diameter: Below 1.0mm, Diameter: 1.0mm-2.5mm, Diameter: Above 2.5mm
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, 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:
- Golden Bridge
- Tianjin Bridge
- Weld Atlantic
- Shandong Solid Solider
- Shandong Juli Welding
- Zhujiang Xiangjiang Welding
- Wuhan Temo Welding
- Changzhou Huatong Welding
- Colfax Corporation
- ITW
- Kobelco
- Lincoln Electric
- Askaynak
- Voestalpine
- Sumitomo Electric Industries
- Hyundai Welding
- Gedik Welding
- CORODUR
- Jinglei Welding
- Jiangsu ZhongJiang Welding Wire
Highlights of The Solid Welding Wires 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:
- Diameter: Below 1.0mm
- Diameter: 1.0mm-2.5mm
- Diameter: Above 2.5mm
- By Application:
- Automotive
- Construction
- Aerospace & Defense
- Shipbuilding
- Pipe
- 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 Solid Welding Wires 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.
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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?
Solid welding wires are made of a wire core covered with a layer of metal. The metal is usually an alloy that is resistant to corrosion, making it ideal for use in welding.
Some of the major players in the solid welding wires market are Golden Bridge, Tianjin Bridge, Weld Atlantic, Shandong Solid Solider, Shandong Juli Welding, Zhujiang Xiangjiang Welding, Wuhan Temo Welding, Changzhou Huatong Welding, Colfax Corporation, ITW, Kobelco, Lincoln Electric, Askaynak, Voestalpine, Sumitomo Electric Industries, Hyundai Welding, Gedik Welding, CORODUR, Jinglei Welding, Jiangsu ZhongJiang Welding Wire.
The solid welding wires market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid Welding Wires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solid Welding Wires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid Welding Wires Market - Supply Chain
4.5. Global Solid Welding Wires Market Forecast
4.5.1. Solid Welding Wires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid Welding Wires Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid Welding Wires Market Absolute $ Opportunity
5. Global Solid Welding Wires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solid Welding Wires Market Size and Volume Forecast by Type
5.3.1. Diameter: Below 1.0mm
5.3.2. Diameter: 1.0mm-2.5mm
5.3.3. Diameter: Above 2.5mm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid Welding Wires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solid Welding Wires Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Construction
6.3.3. Aerospace & Defense
6.3.4. Shipbuilding
6.3.5. Pipe
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid Welding Wires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solid Welding Wires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solid Welding Wires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solid Welding Wires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solid Welding Wires Demand Share Forecast, 2019-2026
9. North America Solid Welding Wires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solid Welding Wires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solid Welding Wires Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Construction
9.4.3. Aerospace & Defense
9.4.4. Shipbuilding
9.4.5. Pipe
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid Welding Wires Market Size and Volume Forecast by Type
9.7.1. Diameter: Below 1.0mm
9.7.2. Diameter: 1.0mm-2.5mm
9.7.3. Diameter: Above 2.5mm
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solid Welding Wires Demand Share Forecast, 2019-2026
10. Latin America Solid Welding Wires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solid Welding Wires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solid Welding Wires Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Construction
10.4.3. Aerospace & Defense
10.4.4. Shipbuilding
10.4.5. Pipe
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid Welding Wires Market Size and Volume Forecast by Type
10.7.1. Diameter: Below 1.0mm
10.7.2. Diameter: 1.0mm-2.5mm
10.7.3. Diameter: Above 2.5mm
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solid Welding Wires Demand Share Forecast, 2019-2026
11. Europe Solid Welding Wires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solid Welding Wires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solid Welding Wires Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Construction
11.4.3. Aerospace & Defense
11.4.4. Shipbuilding
11.4.5. Pipe
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid Welding Wires Market Size and Volume Forecast by Type
11.7.1. Diameter: Below 1.0mm
11.7.2. Diameter: 1.0mm-2.5mm
11.7.3. Diameter: Above 2.5mm
11.8. Basis Point Share (BPS) Analysis byType
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solid Welding Wires Demand Share, 2019-2026
12. Asia Pacific Solid Welding Wires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solid Welding Wires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solid Welding Wires Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Construction
12.4.3. Aerospace & Defense
12.4.4. Shipbuilding
12.4.5. Pipe
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid Welding Wires Market Size and Volume Forecast by Type
12.7.1. Diameter: Below 1.0mm
12.7.2. Diameter: 1.0mm-2.5mm
12.7.3. Diameter: Above 2.5mm
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solid Welding Wires Demand Share, 2019-2026
13. Middle East & Africa Solid Welding Wires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solid Welding Wires Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solid Welding Wires Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Construction
13.4.3. Aerospace & Defense
13.4.4. Shipbuilding
13.4.5. Pipe
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid Welding Wires Market Size and Volume Forecast by Type
13.7.1. Diameter: Below 1.0mm
13.7.2. Diameter: 1.0mm-2.5mm
13.7.3. Diameter: Above 2.5mm
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solid Welding Wires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid Welding Wires Market: Market Share Analysis
14.2. Solid Welding Wires Distributors and Customers
14.3. Solid Welding Wires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Golden Bridge
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tianjin Bridge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Weld Atlantic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shandong Solid Solider
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shandong Juli Welding
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhujiang Xiangjiang Welding
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wuhan Temo Welding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Huatong Welding
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Colfax Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ITW
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kobelco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lincoln Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Askaynak
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Voestalpine
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sumitomo Electric Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hyundai Welding
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gedik Welding
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. CORODUR
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jinglei Welding
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Jiangsu ZhongJiang Welding Wire
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
