The global welding wire market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for welding wires in various industries such as construction and bridge industry, machinery manufacturing industry, and chemical industry. The increasing demand for welding wires in these industries is due to the growing need for quality products that are durable and reliable.
The global aluminum welding wire market is expected to grow at a CAGR of 5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for aluminum welders in various industries such as marine industry, construction and bridge industry, machinery manufacturing industry, chemical industry etc, which require high-quality products that are durable and reliable.
The global carbon steel welding wire market is expected to grow at a CAGR of 3% during the forecast period, from 2021 to 2030. The growth of this market can be attributed mainly due its use in various industries such as marine industry, construction and bridge industry etc, which require high-quality products that are durable and reliable.
Some Of The Growth Factors Of This Market:
- The increasing demand for welding wire in the construction industry is a major factor driving the growth of this market.
- The increasing demand for welding wire in the automotive industry is a major factor driving the growth of this market.
- The increasing demand for welding wire in the oil and gas industry is a major factor driving the growth of this market.
- The increase in global population and urbanization are factors that will drive welders to use more welding wire, which will lead to an increase in demand for welders, which will lead to an increase in demand for welding wire.
Industry Growth Insights published a new data on “Welding Wire Market”. The research report is titled “Welding Wire Market research by Types (Aluminum Welding Wire, Carbon Steel Welding Wire, Stainless Steel Welding Wire, Others), By Applications (Marine Industry, Construction and Bridge Industry, Machinery Manufacturing Industry, Chemical Industry, Others), By Players/Companies Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries, Haynes International, LaserStar, Luvata, The Harris Products Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Wire Market Research Report
By Type
Aluminum Welding Wire, Carbon Steel Welding Wire, Stainless Steel Welding Wire, Others
By Application
Marine Industry, Construction and Bridge Industry, Machinery Manufacturing Industry, Chemical Industry, Others
By Companies
Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries, Haynes International, LaserStar, Luvata, The Harris Products Group
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Welding Wire Market Report Segments:
The global Welding Wire market is segmented on the basis of:
Types
Aluminum Welding Wire, Carbon Steel Welding Wire, Stainless Steel Welding Wire, 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.
Applications
Marine Industry, Construction and Bridge Industry, Machinery Manufacturing Industry, Chemical Industry, 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:
- Sandvik Materials Technology
- Lincoln Electric
- National Standard
- AlcoTec Wire Corporation
- Hobart Brothers Performance Welding Products
- Jiangsu ZhongJiang Welding Wire Co., Ltd.
- Saarstahl
- Sumitomo Electric Industries
- Haynes International
- LaserStar
- Luvata
- The Harris Products Group
Highlights of The Welding Wire 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:
- Aluminum Welding Wire
- Carbon Steel Welding Wire
- Stainless Steel Welding Wire
- Others
- By Application:
- Marine Industry
- Construction and Bridge Industry
- Machinery Manufacturing Industry
- Chemical Industry
- 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 Wire 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 wire is a type of welding rod that is made from a variety of metals, including iron, nickel, and chromium. Welding wire is used to weld two pieces of metal together by heating them until they become joined.
Some of the major players in the welding wire market are Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries, Haynes International, LaserStar, Luvata, The Harris Products Group.
The welding wire market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Wire 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 Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Wire Market - Supply Chain
4.5. Global Welding Wire Market Forecast
4.5.1. Welding Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Wire Market Absolute $ Opportunity
5. Global Welding Wire 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 Wire Market Size and Volume Forecast by Type
5.3.1. Aluminum Welding Wire
5.3.2. Carbon Steel Welding Wire
5.3.3. Stainless Steel Welding Wire
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Wire 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 Wire Market Size and Volume Forecast by Application
6.3.1. Marine Industry
6.3.2. Construction and Bridge Industry
6.3.3. Machinery Manufacturing Industry
6.3.4. Chemical Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Wire 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 Wire 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 Wire 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 Wire 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 Wire Demand Share Forecast, 2019-2026
9. North America Welding Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
9.4.1. Marine Industry
9.4.2. Construction and Bridge Industry
9.4.3. Machinery Manufacturing Industry
9.4.4. Chemical Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Wire Market Size and Volume Forecast by Type
9.7.1. Aluminum Welding Wire
9.7.2. Carbon Steel Welding Wire
9.7.3. Stainless Steel Welding Wire
9.7.4. 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 Wire Demand Share Forecast, 2019-2026
10. Latin America Welding Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
10.4.1. Marine Industry
10.4.2. Construction and Bridge Industry
10.4.3. Machinery Manufacturing Industry
10.4.4. Chemical Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Wire Market Size and Volume Forecast by Type
10.7.1. Aluminum Welding Wire
10.7.2. Carbon Steel Welding Wire
10.7.3. Stainless Steel Welding Wire
10.7.4. 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 Wire Demand Share Forecast, 2019-2026
11. Europe Welding Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
11.4.1. Marine Industry
11.4.2. Construction and Bridge Industry
11.4.3. Machinery Manufacturing Industry
11.4.4. Chemical Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Wire Market Size and Volume Forecast by Type
11.7.1. Aluminum Welding Wire
11.7.2. Carbon Steel Welding Wire
11.7.3. Stainless Steel Welding Wire
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
119. 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 Wire Demand Share, 2019-2026
12. Asia Pacific Welding Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
12.4.1. Marine Industry
12.4.2. Construction and Bridge Industry
12.4.3. Machinery Manufacturing Industry
12.4.4. Chemical Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Wire Market Size and Volume Forecast by Type
12.7.1. Aluminum Welding Wire
12.7.2. Carbon Steel Welding Wire
12.7.3. Stainless Steel Welding Wire
12.7.4. 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 Wire Demand Share, 2019-2026
13. Middle East & Africa Welding Wire 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 Wire 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 Wire Market Size and Volume Forecast by Application
13.4.1. Marine Industry
13.4.2. Construction and Bridge Industry
13.4.3. Machinery Manufacturing Industry
13.4.4. Chemical Industry
13.4.5. 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 Wire Market Size and Volume Forecast by Type
13.7.1. Aluminum Welding Wire
13.7.2. Carbon Steel Welding Wire
13.7.3. Stainless Steel Welding Wire
13.7.4. 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 Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Wire Market: Market Share Analysis
14.2. Welding Wire Distributors and Customers
14.3. Welding Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik Materials Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lincoln Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. National Standard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AlcoTec Wire Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hobart Brothers Performance Welding Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu ZhongJiang Welding Wire Co., Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Saarstahl
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumitomo Electric Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Haynes International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LaserStar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Luvata
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. The Harris Products Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
