세계의 용접 소모품 시장 규모는 2023년 165억 달러로, 예측 기간 중(2025-2032년) CAGR 5.2%로 확대되어, 2024년 173억 6,000만 달러에서 2032년에는 260억 4,000만 달러로 성장할 전망입니다.
세계의 용접 소모품 시장은 인프라, 제조, 자동차 분야 수요 증가로 2025년부터 2035년까지 크게 성장할 것으로 보입니다. 공업화 진전과 함께, 건설, 조선, 석유 및 가스, 항공우주 산업에서는 고성능 용접 재료에 대한 요구가 높아지고 있습니다. 시장은 또한 자동 용접 시스템이나 로봇 용접 시스템 등의 첨단 기술로 전환하고 있어 커스터마이즈된 솔루션의 필요성을 높이고 있습니다.
Global Welding Consumables Market size was valued at USD 16.5 billion in 2023 and is poised to grow from USD 17.36 billion in 2024 to USD 26.04 billion by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032).
The global welding consumables market is set for significant growth from 2025 to 2035, driven by increased demand from infrastructure, manufacturing, and automotive sectors. As industrialization progresses, the requirement for high-performance welding materials rises in construction, shipbuilding, oil & gas, and aerospace industries. Core products like electrodes, fluxes, and filler metals are essential for ensuring the integrity of welded structures. The market is also shifting towards advanced technologies such as automated and robotic welding systems, bolstering the need for customized solutions. In India, renewable energy initiatives, rural electrification, and defense sectors are amplifying demand, specifically for high-standard welding consumables. Innovations like laser welding and high-performance alloys further enhance the market's evolution, catering to stringent industry standards.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Welding Consumables market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Welding Consumables Market Segments Analysis
Global Welding Consumables Market is segmented by Type, Welding Technique, Base Material, Application and region. Based on Type, the market is segmented into Electrodes, Flux, Shielding Gas, Filler Metals, Others. Based on Welding Technique, the market is segmented into Arc Welding, Resistance Welding, Oxy-fuel Welding, Solid State Welding and Others. Based on Base Material, the market is segmented into Carbon Steel, Stainless Steel, Aluminum, Titanium and Other Base Materials. Based on Application, the market is segmented into Automotive, Building & Construction, Heavy Engineering, Railway & Shipbuilding, Oil & Gas and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Welding Consumables Market
The global welding consumables market is significantly propelled by the increased adoption of welding robots, which are celebrated for their high precision and ability to enhance safety standards. These robots offer remarkable repeatability, leading to reduced production times for mass-manufactured products. Manufacturers report that incorporating welding robots not only improves quality but also cuts down manufacturing expenses. Additionally, the ease of offline program development and the seamless integration of third-party paths allow customers to readily convert solid digital models into physical applications, further driving demand for welding consumables in various industries worldwide.
Restraints in the Global Welding Consumables Market
A significant challenge facing the global welding consumables market is the acute shortage of skilled welding professionals across multiple industries. The American Welding Society projects that this shortfall could reach 400,000 by 2024, which poses a serious threat to the quality of welding products. The lack of adequately trained welders not only jeopardizes the standard of work but is also expected to hinder the demand for welding consumables in the near future. Consequently, the ongoing scarcity of proficient welding personnel is likely to impede market growth and create obstacles for manufacturers and suppliers in meeting the rising needs of various sectors.
Market Trends of the Global Welding Consumables Market
The Global Welding Consumables market is experiencing a notable trend driven by the integration of AI technologies, which significantly enhances both operational efficiency and welding quality. Machine learning algorithms are now being employed to optimize consumable usage, enabling precise predictions on the quantity required for each welding task. This not only minimizes waste but also promotes cost-effectiveness, an essential consideration for manufacturers. Furthermore, predictive maintenance facilitated by AI allows for real-time monitoring of welding equipment, preventing unexpected failures and reducing downtime. As a result, consumables are employed under optimal conditions, thereby extending the lifespan of both equipment and materials, making this trend a pivotal factor shaping the market landscape.