Welding Consumables Market - Forecast (2022 - 2027)

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Welding Consumables MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Welding Consumables Market size is forecast
  to reach 13.9 million by 2025, after growing at
  a CAGR of 5.9 during 2020-2025, owing to the
  increasing demand for welding equipment and
  consumables from various end-use industries such
  as automotive transportation, aerospace
  defense, building construction, and more.
• The demand for welding consumables is increasing
  in varied industries as it is the most efficient
  method to obtain reliable, precise,
  cost-effective joints in manufacturing
  industries.
• All these factors are anticipated to drive the
  welding consumables market substantially during
  the forecast period.

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• Key Takeaways
• Asia Pacific dominates the welding consumables
  market, owing to the increasing demand for
  welding from the automotive industries to
  manufacture parts of the automobiles.
• According to OICA, the production of light
  commercial vehicles has augmented by 10.2  in
  2018 in the APAC region.
• Welding is a reliable, precise, high-tech, and
  cost-effective method for joining materials, such
  as metals and alloys, efficiently in various
  manufacturing industries.
• These consumables are flux filler materials
  used in the welding industry and are generally
  used in arc welding processes. 

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• Welding consumables Market Segment Analysis - By
  End-Use Industry 
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• The automotive and transportation application
  held the largest share in the welding consumables
  market in 2019 and is growing at a CAGR of 7.5,
  owing to the wide usage of welding consumables in
  the automotive industry for nearly every new
  vehicle design.
• In the automobile industry, welding consumables
  are used in the production of lightweight and
  high-quality vehicle parts.

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• Welding consumables Market Landscape 
• Ador Welding Ltd.
• Arcon Welding Equipment, LLC.
• AV Weldtech Pvt. Ltd.
• Anand Arc Ltd.
• D H Welding Electrodes (India) Ltd.
• Denyo Co., Ltd.
• EWAC Alloys Ltd.
• GEE Limited
• INOX Air Products Private Limited

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