Market Overview:
The global welding flux market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding flux market can be attributed to the increasing demand for welded products from various end-use industries, such as automotive, construction, and energy. In addition, the growing demand for advanced welding technologies is also contributing to the growth of this market. Based on type, the global welding flux market can be segmented into organic fluxes, inorganic fluxes, and resin-based fluxes. The organic category dominates this market owing to its properties such as low smoke and fume generation and non-toxic fumes. Based on application, the global welding flux market can be divided into instrumentation & meters; household appliances; electronic products; transportation equipment; medical devices & equipment; others (including marine applications). Among these applications segments, household appliances held a major share of this market in 2017 owing to rising demand for home appliances globally.
Product Definition:
A welding flux is a substance that is used to help clean the weld area and to protect the weld from oxidation.
Organic:
Organic welding flux is a powder used in the process of welding. It helps in preventing corrosion and rusting of various equipment such as pipes, tanks, machinery and other metal products. Organic welding flux consists of carbon compounds, iron oxide and silica which are made up of organic materials like petroleum jelly or vegetable oils. These raw materials when added to water during manufacturing produce an emulsion known as sludge oil which has high viscosity due to the presence of long-chain molecules.
Inorganic:
Inorganic is a chemical compound of two or more metals that are not associated with each other. In welding, the inorganic material is used as an electrode to produce heat and electricity for the welding process. The most common example of inorganic material used as electrodes are metal oxides such as ferroalloys, chromium, molybdenum and tungsten carbide which can be easily found in nature.
Application Insights:
In terms of volume, the electronic products segment is anticipated to emerge as the fastest-growing application sector over the forecast period. Electronic products such as smartphones and laptops are coming up with increasingly smaller parts, which makes them susceptible to corrosion when exposed to moisture and oxygen. The addition of welding fluxes in small amounts can prevent these problems from occurring.
The household appliances segment is also expected to witness significant growth during the same period owing to increasing demand for energy-efficient appliances across various regions globally. In addition, rising disposable income levels coupled with changing lifestyles have led people into spending more on home equipment and utilities that offer convenience along with high efficiency rates.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high product demand from various end-use industries, such as electronics and medical devices, which are based in U.S., and Mexico. In addition, growing construction activities due to increasing population are anticipated to drive the market growth over next eight years in North America region as well as globally.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR of XX% during the forecast period on account of rapid industrialization along with rising per capita income levels that enable people opt for consumer goods including electronic appliances.
Growth Factors:
- Increasing demand for welding flux from the automotive and construction industries
- Growing popularity of arc welding as a reliable and efficient welding process
- Rising demand for flux-cored wires in manufacturing applications
- Technological advancements in flux formulations that improve weld quality and productivity
- Growing awareness about the benefits of using welding fluxes among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Flux Market Research Report
By Type
Organic, Inorganic, Resin
By Application
Instrument and Meter, Household Appliances, Electronic Products, Others
By Companies
Umicore, Kobelco, Special Metals, Dengfeng, Lincoln Electric, Voestalpine, Sweco, Indium Corporation, NIHON SUPERIOR, Weitexinda Technology, Gaofeng Technology, Yatong Welding Materials, Solder Coat
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Welding Flux Market Report Segments:
The global Welding Flux market is segmented on the basis of:
Types
Organic, Inorganic, Resin
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
Instrument and Meter, Household Appliances, Electronic Products, 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:
- Umicore
- Kobelco
- Special Metals
- Dengfeng
- Lincoln Electric
- Voestalpine
- Sweco
- Indium Corporation
- NIHON SUPERIOR
- Weitexinda Technology
- Gaofeng Technology
- Yatong Welding Materials
- Solder Coat
Highlights of The Welding Flux 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:
- Organic
- Inorganic
- Resin
- By Application:
- Instrument and Meter
- Household Appliances
- Electronic Products
- 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 Flux 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 flux is a material used in welding to help the arc stay lit and to create a joint.
Some of the major companies in the welding flux market are Umicore, Kobelco, Special Metals, Dengfeng, Lincoln Electric, Voestalpine, Sweco, Indium Corporation, NIHON SUPERIOR, Weitexinda Technology, Gaofeng Technology, Yatong Welding Materials, Solder Coat.
The welding flux market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Flux 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. Welding Flux Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Flux Market - Supply Chain
4.5. Global Welding Flux Market Forecast
4.5.1. Welding Flux Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Flux Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Flux Market Absolute $ Opportunity
5. Global Welding Flux 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. Welding Flux Market Size and Volume Forecast by Type
5.3.1. Organic
5.3.2. Inorganic
5.3.3. Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Flux 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. Welding Flux Market Size and Volume Forecast by Application
6.3.1. Instrument and Meter
6.3.2. Household Appliances
6.3.3. Electronic Products
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Flux 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. Welding Flux 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 Welding Flux 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. Welding Flux 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 Welding Flux Demand Share Forecast, 2019-2026
9. North America Welding Flux 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 Welding Flux 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 Welding Flux Market Size and Volume Forecast by Application
9.4.1. Instrument and Meter
9.4.2. Household Appliances
9.4.3. Electronic Products
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Flux Market Size and Volume Forecast by Type
9.7.1. Organic
9.7.2. Inorganic
9.7.3. Resin
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 Welding Flux Demand Share Forecast, 2019-2026
10. Latin America Welding Flux 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 Welding Flux 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 Welding Flux Market Size and Volume Forecast by Application
10.4.1. Instrument and Meter
10.4.2. Household Appliances
10.4.3. Electronic Products
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Flux Market Size and Volume Forecast by Type
10.7.1. Organic
10.7.2. Inorganic
10.7.3. Resin
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 Welding Flux Demand Share Forecast, 2019-2026
11. Europe Welding Flux 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 Welding Flux 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 Welding Flux Market Size and Volume Forecast by Application
11.4.1. Instrument and Meter
11.4.2. Household Appliances
11.4.3. Electronic Products
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Flux Market Size and Volume Forecast by Type
11.7.1. Organic
11.7.2. Inorganic
11.7.3. Resin
11.8. Basis Point Share (BPS) Analysis by Type
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 Welding Flux Demand Share, 2019-2026
12. Asia Pacific Welding Flux 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 Welding Flux 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 Welding Flux Market Size and Volume Forecast by Application
12.4.1. Instrument and Meter
12.4.2. Household Appliances
12.4.3. Electronic Products
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Flux Market Size and Volume Forecast by Type
12.7.1. Organic
12.7.2. Inorganic
12.7.3. Resin
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 Welding Flux Demand Share, 2019-2026
13. Middle East & Africa Welding Flux 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 Welding Flux 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 Welding Flux Market Size and Volume Forecast by Application
13.4.1. Instrument and Meter
13.4.2. Household Appliances
13.4.3. Electronic Products
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Flux Market Size and Volume Forecast by Type
13.7.1. Organic
13.7.2. Inorganic
13.7.3. Resin
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 Welding Flux Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Flux Market: Market Share Analysis
14.2. Welding Flux Distributors and Customers
14.3. Welding Flux Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Umicore
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kobelco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Special Metals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dengfeng
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lincoln Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Voestalpine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sweco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Indium Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NIHON SUPERIOR
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weitexinda Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gaofeng Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yatong Welding Materials
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Solder Coat
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook