Global Welding Consumables Market 2017-2021

About Welding Consumables

Welding consumables broadly consist of filler metals and flux. These materials undergo melting to join two metals strongly and help to protect the molten weld from any form of atmospheric contaminants. Welding consumables are predominantly used in arc-welding and oxy-fuel welding technologies.

Technavio’s analysts forecast the global welding consumables market to grow at a CAGR of 5.51% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global welding consumables market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of welding consumables.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Welding Consumables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Colfax
  • Hyundai Welding
  • ITW
  • Lincoln Electric
Other prominent vendors
  • Air Liquide
  • Arcon Welding Equipment
  • EWM
  • Eutectic
  • Denyo
  • Fronius International
  • Hyundai Welding
  • Hilarius Haarlem (HILCO)
  • Kemppi
  • Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe
  • Linde
  • Obara
  • Panasonic
  • Sandvik Materials Technology
  • Tianjin Bridge Welding Materials Group
  • Voestalpine
  • VDM Metals
Market driver
  • Positive outlook of global construction industry
  • For a full, detailed list, view our report
Market challenge
  • Emergence of friction stir welding technology in the automotive industry
  • For a full, detailed list, view our report
Market trend
  • Addressing the issue of growing skills gap
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Welding Consumables Market 2017-2021

Technavio recognizes the following companies as the key players in the global welding consumables market: Colfax, Hyundai Welding, ITW, and Lincoln Electric

Other Prominent Vendors in the market are: Air Liquide, Arcon Welding Equipment, EWM, Eutectic, Denyo, Fronius International, Hyundai Welding, Hilarius Haarlem, Kemppi, Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe, Linde, Obara, Panasonic, Sandvik Materials Technology, Tianjin Bridge Welding Materials, Voestalpine, and VDM Metals

Commenting on the report, an analyst from Technavio’s team said: “The global welding industry is expected to witness a massive shortfall of a skilled workforce. Technavio predicts that in the next five years, the US welding industry will experience a shortage in the skilled labor force by approximately 400,000. This will negatively impact the fabrication and manufacturing industry significantly. Such a situation has encouraged the development of new technologies to address the dearth of skilled welding equipment operators and cater to the demand of customers.”

According to the report, welding consumables are used extensively in the construction industry, especially for welding of structural steel. The use of structural steel within the industry has become an imperative and is considered an important raw material for this industry. Developments in new steel applications call for innovation in welding technologies. Reliability, durability, and safety of steel structures are important in construction activities and these are guaranteed by proper welding of structural steel.

Further, the report states that friction stir welding technology is a technique of joining two metals with the help of frictional heat coupled with a precisely controlled forging pressure. The final product is defect-free and possesses high integrity. Mechanical distortions are removed as the entire process takes place under a low operating temperature.

Companies Mentioned

Colfax, Hyundai Welding, ITW, Lincoln Electric, Air Liquide, Arcon Welding Equipment, EWM, Eutectic, Denyo, Fronius International, Hyundai Welding, Hilarius Haarlem, Kemppi, Kjellberg Finsterwalde Elektroden und Zusatzwerkstoffe, Linde, Obara, Panasonic, Sandvik Materials Technology, Tianjin Bridge Welding Materials, Voestalpine, VDM Metals.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Typical welding consumables applications
      • Table Classification of welding processes
  • Market landscape
    • Market size and forecast
      • Table Market dynamics of global welding consumables market 2016-2021 ($ billions)
      • Table Global welding equipment market 2016-2021 ($ billions)
      • Table Impact of global welding equipment market on global friction stir welding equipment market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global welding consumables market: End-user segmentation 2016 and 2021
    • Automotive
      • Table Global welding consumables market: Automotive industry 2016-2021 ($ billions)
      • Table Global vehicle sales by vehicle types 2015
      • Table Region-wise performance outlook for automotive industry 2015-2021
    • Construction
      • Table Global welding consumables market: Construction industry 2016-2021 ($ billions)
      • Table Average construction spending by country in APAC 2015 (%)
    • Aerospace
      • Table Global welding consumables market: Aerospace industry 2016-2021 ($ billions)
      • Table Compounded annual growth rate of specific air routes 2015-2035
      • Table New aircraft demand by region by 2034
      • Table New aircraft production by type by 2034 (number of aircraft)
    • Marine
      • Table Global welding equipment market: Shipbuilding industry 2016-2021 ($ billions)
      • Table New shipbuilding orders worldwide 2013-2014 (%)
  • Geographical segmentation
    • Market overview
      • Table Global welding consumables market: Geographic segmentation 2016 and 2021
    • APAC
      • Table Welding consumables market in APAC 2016-2021 ($ billions)
      • Table Total car sales in India August 2014 to August 2015 (units)
      • Table Expected share of transport infrastructure investments in Asia till 2025 (%)
    • Americas
      • Table Welding consumables market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Welding consumables market in EMEA 2016-2021 ($ billions)
  • Market drivers
    • Positive outlook of global construction industry
      • Table Various structural steel grades used for construction
      • Table Use of steel in building construction
      • Table Use of steel in infrastructure construction
      • Table Trends that will impact the construction industry
    • Growing demand from wind energy industry
      • Table Component categories
      • Table Global cumulative and annual installed capacity 2014-2019 (GW)
      • Table Annual installed capacity by region 2014-2019 (GW)
    • Competitive landscape driving new technologies
      • Table Key technologies
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Emergence of friction stir welding technology in the automotive industry
      • Table Friction stir welding: Process overview
      • Table Friction stir welding applications in various car models
    • Shrinking skilled workforce in major steel consuming countries like India and US
    • Quality of welded products
      • Table Terms of conformity in welding as per ISO 9000:2005
      • Table ISO 3834 standard: Quality requirements for fusion welding of metallic materials
    • Introduction of new welding technology involves greater R&D expenses
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Addressing the issue of growing skill gap
    • Advent of new materials
      • Table Use of new materials for welding in various industries
      • Table New welding process and equipment
    • Emergence of laser welding equipment
      • Table Growth aspects: Global laser welding equipment market
      • Table Laser welding equipment market: Segmentation
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
    • Risks faced by vendors in the overall welding equipment and consumables market
      • Table Major risks faced by market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Colfax
    • Hyundai Welding
    • ITW
    • Lincoln Electric
  • Appendix
    • List of abbreviations
  • Explore Technavio

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