Global Welding and Brazing Consumables Market Growth 2023-2029

Global Welding and Brazing Consumables Market Growth 2023-2029

Welding and brazing is the process of joining metals and thermoplastics by means of coalescence. It is an economical and effective process for creating strong joints between two or more parts. Filler metals melt during welding to create a strong joint. Flux is commonly used to produce a shield of gas around the weld pool to prevent oxidation of the hot metals. Flux typically acts as a deoxidizer preventing the formation of porosity in the weld pool. Flux and filler metals together are known as welding consumables.
LPI (LP Information)' newest research report, the “Welding and Brazing Consumables Industry Forecast” looks at past sales and reviews total world Welding and Brazing Consumables sales in 2022, providing a comprehensive analysis by region and market sector of projected Welding and Brazing Consumables sales for 2023 through 2029. With Welding and Brazing Consumables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Welding and Brazing Consumables industry.
This Insight Report provides a comprehensive analysis of the global Welding and Brazing Consumables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Welding and Brazing Consumables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Welding and Brazing Consumables market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Welding and Brazing Consumables and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Welding and Brazing Consumables.
The global Welding and Brazing Consumables market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
According to the report, Saudi Arabia revenue for Welding and Brazing Consumables is expected to grow between 2020 and 2025. Of the major players of Welding and Brazing Consumables, Colfax maintained its first place in the ranking in 2019. Colfax accounted for 22.76% of the Saudi Arabia Welding and Brazing Consumables revenue market share in 2019. Other players accounted for 18.66% and 6.72% including Lincoln Electri and Voestalpine Böhler Welding. On the basis of product type, Welding Consumables segment is projected to account for the largest revenue market share during the forecast period; this segment accounted for 71.68% share in 2019. Brazing Consumables held the rest of market with 28.32% in 2019. In the applications, Automotive segment was estimated to account for the highest revenue market share of 23.81% in 2019. Construction segment accounted for the second highest revenue market share with 16.07% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Welding and Brazing Consumables market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Welding Consumables
Brazing Consumables
Segmentation by application
Automotive
Construction
Aerospace & Defense
Shipbuilding
Pipe
Air Conditioner & Refrigerator
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Colfax
Lincoln Electri
Voestalpine Böhler Welding
ITW
Gedik Welding
Wall Colmonoy
Kobelco
Lucas-Milhaupt
Materion

Key Questions Addressed in this Report
What is the 10-year outlook for the global Welding and Brazing Consumables market?
What factors are driving Welding and Brazing Consumables market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Welding and Brazing Consumables market opportunities vary by end market size?
How does Welding and Brazing Consumables break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.