Flux and filler metals are welding consumables that are utilised in the welding process. In order to create a solid bond between two metals, filler metals are melted, and flux is used to stop heated metals from oxidising. These consumables are made from a variety of fundamental minerals, including copper, nickel, rutile, ilmenite, and aluminium. These consumables aid in cost-effective welding, shield the molten weld from airborne contaminants, and stop the formation of weld pool porosity. They are therefore widespread in the building, automobile, energy, shipbuilding, and aerospace industries. The market is expanding because to an increase in the inclination to combine two distinct metals, the demand for customised and novel metal designs/shapes, greater fabrication, and uses in other intensive industries including manufacturing, automotive, and oil & gas. The key forces for market expansion also include the introduction of new welding technologies including resistance spot and plasma welding as well as the widespread use of robotic welding solutions.
Materials that are "smart" and eco-friendly are becoming more popular on the market. The ability to mix two dissimilar metals without affecting their strength, corrosion resistance, or other performance attributes is made possible by advances in our understanding of how materials behave at the atomic level. The smart material also includes a built-in computer chip that tracks weld life and offers a multifunctional design. NiTi shape memory welding and joining, for instance, also promote flexibility in terms of intelligently designing multifunctional systems. Additionally, using such materials minimises pre- and post-heating processes and energy consumption. By incorporating such technology, manufacturers, product designers, and welders can enhance the entire manufacturing cycle. As a result, the growing need for smart resources is also boosting the global market for welding consumables.
Report Coverage
Global Welding Consumables research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Welding Consumables report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Welding Consumables competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Welding Consumables market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | CORODUR VERSCHLEISS-SCHUTZ GMBH, THYSSENKRUPP AG (VDM METALS INTERNATIONAL GMBH), DURUM VERSCHLEISSSCHUTZ GMBH, PANASONIC CORPORATION, HYUNDAI MOTOR COMPANY (HYUNDAI WELDING CO., LTD.), MIGAL. CO GMBH, HERMANN FLIESS & CO. GMBH, ILLINOIS TOOL WORKS, CARBOWELD SCHWEISSMATERIALIEN GMBH, OBARA GROUP INC., FIDAT SRL, DAIKO WELDING CONSUMABLES, VALK WELDING B.V., VOESTALPINE AG, THE LINCOLN ELECTRIC HOLDINGS, INC., TYSWELD GMBH, ITALFIL SPA, WELDING ALLOYS LTD, FRONIUS INTERNATIONAL GMBH, SIDERGAS SPA, DRAHTWERK ELISENTAL W. ERDMANN GMBH & CO., GEDIK WELDING, SAFRA SPA, DIM SCHWEISSMATERIAL MANFRED SCHIERMANN, MAGMAWELD - OERLIKON KAYNAK, OXFORD ALLOYS, INC., KJELLBERG FINSTERWALDE GROUP, ELBOR SPA, DRAHPO GMBH, M.T.L. METALLI TRAFILATI LAMINATI SRL, TEWI SRL, COLFAX CORPORATION, WB ALLOY WELDING PRODUCTS LTD, TIANJIN BRIDGE WELDING MATERIALS GROUP CO., LTD., NEXAL ALUMINUM INC., KEMPPI OY., BAVARIA SCHWEISSTECHNIK GMBH |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Welding Consumables Market from 2021 to 2030.
- Market Forecast for Welding Consumables Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Welding Consumables competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Welding Consumables
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Welding Consumables market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Welding Consumables market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CORODUR VERSCHLEISS-SCHUTZ GMBH, THYSSENKRUPP AG (VDM METALS INTERNATIONAL GMBH), DURUM VERSCHLEISSSCHUTZ GMBH, PANASONIC CORPORATION, HYUNDAI MOTOR COMPANY (HYUNDAI WELDING CO., LTD.), MIGAL. CO GMBH, HERMANN FLIESS & CO. GMBH, ILLINOIS TOOL WORKS, CARBOWELD SCHWEISSMATERIALIEN GMBH, OBARA GROUP INC., FIDAT SRL, DAIKO WELDING CONSUMABLES, VALK WELDING B.V., VOESTALPINE AG, THE LINCOLN ELECTRIC HOLDINGS, INC., TYSWELD GMBH, ITALFIL SPA, WELDING ALLOYS LTD, FRONIUS INTERNATIONAL GMBH, SIDERGAS SPA, DRAHTWERK ELISENTAL W. ERDMANN GMBH & CO., GEDIK WELDING, SAFRA SPA, DIM SCHWEISSMATERIAL MANFRED SCHIERMANN, MAGMAWELD - OERLIKON KAYNAK, OXFORD ALLOYS, INC., KJELLBERG FINSTERWALDE GROUP, ELBOR SPA, DRAHPO GMBH, M.T.L. METALLI TRAFILATI LAMINATI SRL, TEWI SRL, COLFAX CORPORATION, WB ALLOY WELDING PRODUCTS LTD, TIANJIN BRIDGE WELDING MATERIALS GROUP CO., LTD., NEXAL ALUMINUM INC., KEMPPI OY., BAVARIA SCHWEISSTECHNIK GMBH
Primary Target Market
- Market Players of Welding Consumables
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Welding Consumables market based on the below-mentioned segments:
Global Welding Consumables Market, By Type
Stick Electrodes
Solid Wires
Flux-cored Wires
SAW Wires & Fluxes
Global Welding Consumables market, By Application
Automotive
Building & Construction
Heavy Engineering
Railway & Shipbuilding
Oil & Gas
Others (Aerospace)
Global Welding Consumables market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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