The global welding wires and welding electrode market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for welded products in various industries such as automotive, construction, aerospace & defense, shipbuilding and pipe. Welding wires are used for joining metal pieces together while welding electrodes are used for melting metals together in order to form a welded joint or seam.
Welding Wires: The global welding wire market is expected to grow at a CAGR of 4% during the forecast period, to reach USD 1.6 billion by 2030 from USD 1 billion in 2018. This growth can be attributed to the increasing demand for welded products in various industries such as automotive, construction, aerospace & defense and shipbuilding among others which require high-quality welds with minimal distortion or deformation of metal pieces being joined together through welding process.
Some Of The Growth Factors Of This Market:
- Increasing demand for welding wires and electrodes in the construction industry.
- Increasing demand for welding wires and electrodes in the automotive industry.
- Increasing demand for welding wires and electrodes in the shipbuilding industry.
- Growing need to replace aging infrastructure.
- Rising global population.
Industry Growth Insights published a new data on “Welding Wires & Welding Electrode Market”. The research report is titled “Welding Wires & Welding Electrode Market research by Types (Welding Wires, Welding Electrode), By Applications (Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe), By Players/Companies Gloden 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, KaynakTekni?iSanayi ve TicaretA.?, Voestalpine, Sandvik, Gedik Welding, CORODUR, Jinglei Welding”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Wires & Welding Electrode Market Research Report
By Type
Welding Wires, Welding Electrode
By Application
Automotive, Construction, Aerospace & Defense, Shipbuilding, Pipe
By Companies
Gloden 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, KaynakTekni?iSanayi ve TicaretA.?, Voestalpine, Sandvik, Gedik Welding, CORODUR, Jinglei Welding
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Welding Wires & Welding Electrode Market Report Segments:
The global Welding Wires & Welding Electrode market is segmented on the basis of:
Types
Welding Wires, Welding Electrode
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
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:
- Gloden 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
- KaynakTekni?iSanayi ve TicaretA.?
- Voestalpine
- Sandvik
- Gedik Welding
- CORODUR
- Jinglei Welding
Highlights of The Welding Wires & Welding Electrode 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 Wires
- Welding Electrode
- By Application:
- Automotive
- Construction
- Aerospace & Defense
- Shipbuilding
- Pipe
- 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 Wires & Welding Electrode 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 wires are thin, metal wires that are used to join two pieces of metal together. Welding electrodes are the tips of welding rods that are heated and then pressed against the weld joint to create a strong connection.
Some of the key players operating in the welding wires & welding electrode market are Gloden 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, KaynakTekni?iSanayi ve TicaretA.?, Voestalpine, Sandvik, Gedik Welding, CORODUR, Jinglei Welding.
The welding wires & welding electrode 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. Welding Wires & Welding Electrode 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 Wires & Welding Electrode Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Wires & Welding Electrode Market - Supply Chain
4.5. Global Welding Wires & Welding Electrode Market Forecast
4.5.1. Welding Wires & Welding Electrode Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Wires & Welding Electrode Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Wires & Welding Electrode Market Absolute $ Opportunity
5. Global Welding Wires & Welding Electrode 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 Wires & Welding Electrode Market Size and Volume Forecast by Type
5.3.1. Welding Wires
5.3.2. Welding Electrode
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode Demand Share Forecast, 2019-2029
9. North America Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Wires & Welding Electrode Market Size and Volume Forecast by Type
9.7.1. Welding Wires
9.7.2. Welding Electrode
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 Wires & Welding Electrode Demand Share Forecast, 2019-2029
10. Latin America Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Wires & Welding Electrode Market Size and Volume Forecast by Type
10.7.1. Welding Wires
10.7.2. Welding Electrode
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 Wires & Welding Electrode Demand Share Forecast, 2019-2029
11. Europe Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Wires & Welding Electrode Market Size and Volume Forecast by Type
11.7.1. Welding Wires
11.7.2. Weldin Electrode
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 Wires & Welding Electrode Demand Share, 2019-2029
12. Asia Pacific Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Wires & Welding Electrode Market Size and Volume Forecast by Type
12.7.1. Welding Wires
12.7.2. Welding Electrode
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 Wires & Welding Electrode Demand Share, 2019-2029
13. Middle East & Africa Welding Wires & Welding Electrode 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 Wires & Welding Electrode 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 Wires & Welding Electrode 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
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Wires & Welding Electrode Market Size and Volume Forecast by Type
13.7.1. Welding Wires
13.7.2. Welding Electrode
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 Wires & Welding Electrode Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Welding Wires & Welding Electrode Market: Market Share Analysis
14.2. Welding Wires & Welding Electrode Distributors and Customers
14.3. Welding Wires & Welding Electrode Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gloden 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. KaynakTekni?iSanayi ve TicaretA.?
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. Sandvik
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gedik 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. CORODUR
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Jinglei Welding
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
