Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Welding Plate Market by Type (Welded Plate Heat Exchanger, Others), By Application (Chemical, Food & Beverages, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Welding Plate Market by Type (Welded Plate Heat Exchanger, Others), By Application (Chemical, Food & Beverages, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155853 3300 Machinery & Equipment 377 232 Pages 5 (45)

Market Overview:

The global welding plate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding plate market can be attributed to the increasing demand for welded plate heat exchangers (WPHE) and other welded plates from various end-use industries, such as chemical, food & beverages, and others. In terms of type, WPHE is expected to account for a major share of the global welding plate market during the forecast period. This can be attributed to its growing demand from various end-use industries on account of its high efficiency and durability.

Global Welding Plate Industry Outlook

Product Definition:

Welding Plate is a flat, horizontal metal plate that is used as a base for welding. It provides a stable surface for the weld and helps to distribute the heat evenly.

Welded Plate Heat Exchanger:

Welded plate heat exchanger is a device used to transfer heat between two plates of different materials. It is mainly used in the metal processing industry for various applications such as arc welding, gas metal-arc (MMA) welding, and resistance welding. The product finds its major application in the oil & gas industry where it is used for temperature maintenance during exploration and production operations.


Others is the part of weld plate that remains after welding has taken place. It is also known as clean metal. Others can be used in various applications such as house hold items, farm equipment, cars and so on. The demand for others is increasing day by day due to its usage in different welding applications which include automotive industry and construction industry among others.

The global increase in automobile production along with rising demand for consumer goods including electronics are driving the market growth globally.

Application Insights:

The chemical segment dominated the global welding plate market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to rising demand for various types of plates from various industries such as oil & gas, petrochemicals, power generation, etc. In addition, technological advancements and new product launches are further expected to propel industry growth over the coming years.

Food & beverage was one of the prominent applications that accounted for a share of 15% in 2017 owing to increasing consumption of alcoholic and non-alcoholic beverages across different regions coupled with high demand for customized products based on customer requirements. Other applications include industrial manufacturing and construction among others which are anticipated to witness steady growth over next seven years owing to rising consumer spending on home appliances along with growing investments by governments in infrastructure development projects across countries such as China India Japan U.S.

Regional Analysis:

Asia Pacific accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of chemical and petrochemical industries in countries such as China, India, South Korea, Thailand and Indonesia. In addition to this factor is also responsible for high demand for heat exchangers from various end-use industries such as power generation and others.

North America Welding Plate Market by Type (Welded Plate Heat Exchanger, Others), By Application (Chemical) And Region (U.S.

Growth Factors:

  • Increasing demand for welding plate from the automotive and transportation sector
  • Growing demand for welding plate from the construction sector
  • Rising popularity of laser-welding technology
  • Increasing use of welding plate in shipbuilding and other marine applications
  • Growing demand for high-quality welded products

Scope Of The Report

Report Attributes

Report Details

Report Title

Welding Plate Market Research Report

By Type

Welded Plate Heat Exchanger, Others

By Application

Chemical, Food & Beverages, Others

By Companies

Alfa Laval AB, API Heat Transfer, Danfoss, Kelvion Holding GmbH, Nexson Group, Barriquand Group, SPX Flow, Hisaka Works Limited, Tranter Inc., WCR, Inc.

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Welding Plate Market Report Segments:

The global Welding Plate market is segmented on the basis of:


Welded Plate Heat Exchanger, Others

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.


Chemical, Food & Beverages, 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:

  1. Alfa Laval AB
  2. API Heat Transfer
  3. Danfoss
  4. Kelvion Holding GmbH
  5. Nexson Group
  6. Barriquand Group
  7. SPX Flow
  8. Hisaka Works Limited
  9. Tranter Inc.
  10. WCR, Inc.

Global Welding Plate Market Overview

Highlights of The Welding Plate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Welded Plate Heat Exchanger
    2. Others
  1. By Application:

    1. Chemical
    2. Food & Beverages
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Welding Plate 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

Global Welding Plate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Welding Plate is a type of metal that is used to weld two pieces of metal together. Welding Plate has a smooth surface that makes it easy to weld.

Some of the major players in the welding plate market are Alfa Laval AB, API Heat Transfer, Danfoss, Kelvion Holding GmbH, Nexson Group, Barriquand Group, SPX Flow, Hisaka Works Limited, Tranter Inc., WCR, Inc..

The welding plate 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 Plate 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 Plate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Welding Plate Market - Supply Chain
   4.5. Global Welding Plate Market Forecast
      4.5.1. Welding Plate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Welding Plate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Welding Plate Market Absolute $ Opportunity

5. Global Welding Plate 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 Plate Market Size and Volume Forecast by Type
      5.3.1. Welded Plate Heat Exchanger
      5.3.2. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Welding Plate 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 Plate Market Size and Volume Forecast by Application
      6.3.1. Chemical
      6.3.2. Food & Beverages
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Welding Plate 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 Plate 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 Plate 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 Plate 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 Plate Demand Share Forecast, 2019-2026

9. North America Welding Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
      9.4.1. Chemical
      9.4.2. Food & Beverages
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Welding Plate Market Size and Volume Forecast by Type
      9.7.1. Welded Plate Heat Exchanger
      9.7.2. Others
   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 Plate Demand Share Forecast, 2019-2026

10. Latin America Welding Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
      10.4.1. Chemical
      10.4.2. Food & Beverages
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Welding Plate Market Size and Volume Forecast by Type
      10.7.1. Welded Plate Heat Exchanger
      10.7.2. Others
   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 Plate Demand Share Forecast, 2019-2026

11. Europe Welding Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
      11.4.1. Chemical
      11.4.2. Food & Beverages
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Welding Plate Market Size and Volume Forecast by Type
      11.7.1. Welded Plate Heat Exchanger
      11.7.2. Others
   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 Plate Demand Share, 2019-2026

12. Asia Pacific Welding Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
      12.4.1. Chemical
      12.4.2. Food & Beverages
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Welding Plate Market Size and Volume Forecast by Type
      12.7.1. Welded Plate Heat Exchanger
      12.7.2. Others
   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 Plate Demand Share, 2019-2026

13. Middle East & Africa Welding Plate 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 Plate 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 Plate Market Size and Volume Forecast by Application
      13.4.1. Chemical
      13.4.2. Food & Beverages
      13.4.3. 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 Plate Market Size and Volume Forecast by Type
      13.7.1. Welded Plate Heat Exchanger
      13.7.2. Others
   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 Plate Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Welding Plate Market: Market Share Analysis
   14.2. Welding Plate Distributors and Customers
   14.3. Welding Plate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Alfa Laval AB Overview Financials Developments Strategic Outlook
      14.4.2. API Heat Transfer Overview Financials Developments Strategic Outlook
      14.4.3. Danfoss Overview Financials Developments Strategic Outlook
      14.4.4. Kelvion Holding GmbH Overview Financials Developments Strategic Outlook
      14.4.5. Nexson Group Overview Financials Developments Strategic Outlook
      14.4.6. Barriquand Group Overview Financials Developments Strategic Outlook
      14.4.7. SPX Flow Overview Financials Developments Strategic Outlook
      14.4.8. Hisaka Works Limited Overview Financials Developments Strategic Outlook
      14.4.9. Tranter Inc. Overview Financials Developments Strategic Outlook
      14.4.10. WCR, Inc. Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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