市場調查報告書
商品編碼
1451104
2024-2032 年按產品類型、焊接技術、最終用途產業和地區分類的焊接耗材市場報告Welding Consumables Market Report by Product Type, Welding Technique, End-Use Industries, and Region 2024-2032 |
2023年全球焊接耗材市場規模達1,69億美元。展望未來, IMARC Group預計到2032年市場規模將達到259億美元,2024-2032年複合年成長率(CAGR)為4.68%。具有先進合金成分和塗層的新型耗材的不斷部署、住宅和商業建築建設的增加以及不同垂直行業焊接耗材的使用不斷增加是推動市場的一些主要因素。
焊接材料是焊接過程中用於連接金屬和材料的材料。它們採用特定的合金成分配製而成,以匹配所焊接的母材,從而提供最佳的兼容性和機械性能。它們含有保護氣體或焊劑,可保護焊縫在焊接過程中免受氧化和其他污染物的影響。它們透過提供必要的填充材料、保護氣體和焊劑來幫助形成堅固、耐用和可靠的焊接。它們可確保焊接接頭的結構完整性和使用壽命、提高生產率並減少停機時間。它們廣泛應用於橋樑、建築物、管道和其他大型基礎設施項目的建設。
全球人口的成長和電力消耗的增加正在對市場產生積極影響。此外,風力渦輪機、太陽能電池板和其他再生能源基礎設施的建設不斷增加,刺激了對焊接耗材的需求,以建立能夠承受這些能源系統嚴酷條件的牢固連接。積層製造和先進連接技術等新技術的出現也為創新焊接耗材創造了機會。除此之外,國際貿易和商業的持續成長正在推動對使用焊接耗材建造的交通相關基礎設施的需求。此外,修復、改造和升級老化的歷史基礎設施的需求不斷成長,也促進了市場的成長。
技術進步與創新
開發提高焊接工藝效率、品質和精度的創新解決方案是積極影響市場的關鍵因素之一。此外,採用先進合金成分和塗層的新型消耗品可實現卓越的焊接強度和耐腐蝕性,這對市場產生了積極影響。此外,自動化和機器人技術在焊接操作中的整合正在改變產業格局,實現更快、更一致的焊接。這些創新有助於減少生產時間和成本,並透過最大限度地減少人類暴露在危險環境中來促進更安全的工作條件。除此之外,領先的市場參與者正在投資研發(R&D)活動,以推出更先進的產品變體。
基礎建設發展與都市化
全球快速的城市化和基礎設施發展正在刺激對焊接耗材的需求。住宅和商業建築的建設和改造活動不斷增加,對市場產生了積極影響。此外,各國政府正在專注於橋樑、道路、建築物和其他關鍵基礎設施的升級,這推動了對可靠和耐用焊接的需求。焊接耗材有助於確保這些項目的結構完整性,使它們能夠經受住時間和環境挑戰的考驗,這正在促進其在全球範圍內的採用。此外,永續和節能建築的趨勢正在推動對精確焊接技術的需求,以安裝先進的暖通空調系統、管道和電氣部件。
主要最終用途產業的需求不斷成長
包括汽車、能源和航空航太在內的各個行業擴大使用焊接耗材來滿足其製造和維護需求,這正在加強市場的成長。例如,汽車行業擴大使用焊接耗材來組裝、維修和客製化車輛,這推動了其在全球範圍內的採用。除此之外,在能源領域,焊接耗材用於建造和維護發電廠、管道和再生能源結構。此外,航空航太業對飛機零件精密焊接的需求不斷增加,這提供了良好的市場前景。此外,這些行業的擴張正在刺激對高品質焊接耗材的需求。
The global welding consumables market size reached US$ 16.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.68% during 2024-2032. The growing deployment of new consumables with advanced alloy compositions and coatings, increasing construction of residential and commercial buildings, and the rising use of welding consumables in different industry verticals are some of the major factors propelling the market.
Welding consumables are materials used in welding processes to join metals and materials. They are formulated with specific alloy compositions to match the base metals being welded, which offers optimal compatibility and mechanical properties. They contain shielding gases or fluxes that protect the weld from oxidation and other contaminants during the welding process. They aid in creating strong, durable, and reliable welds by providing the necessary filler material, shielding gases, and fluxes. They ensure the structural integrity and longevity of the welded joints, improve productivity, and reduce downtime. They are widely used in the construction of bridges, buildings, pipelines, and other large-scale infrastructure projects.
The expanding global population and the rising consumption of electricity are positively influencing the market. Additionally, the increasing construction of wind turbines, solar panels, and other renewable energy infrastructure is catalyzing the demand for welding consumables to create strong connections that can withstand the rigors of these energy systems. The emergence of new technologies like additive manufacturing and advanced joining techniques is also creating opportunities for innovative welding consumables. Apart from this, the continuous growth of international trade and commerce is driving the demand for transportation-related infrastructure constructed with welding consumables. Furthermore, the rising need to repair, retrofit, and upgrade aging historical infrastructure is augmenting the market growth.
Technological advancements and innovation
The development of innovative solutions that enhance the efficiency, quality, and precision of welding processes represents one of the key factors positively influencing the market. Additionally, the deployment of new consumables with advanced alloy compositions and coatings is enabling superior weld strength and corrosion resistance, which is positively influencing the market. Moreover, the integration of automation and robotics in welding operations is transforming the landscape and leading to faster and more consistent welds. These innovations help in reducing production time and costs and contributing to safer working conditions by minimizing human exposure to hazardous environments. Apart from this, leading market players are investing in research and development (R&D) activities to introduce more advanced product variants.
Infrastructure development and urbanization
Rapid urbanization and infrastructure development across the globe are catalyzing the demand for welding consumables. The increasing construction and remodeling activities of residential and commercial buildings are positively influencing the market. Additionally, governments of various countries are focusing on the upgradation of bridges, roads, buildings, and other critical infrastructure, which is driving the need for reliable and durable welds. Welding consumables help ensure the structural integrity of these projects, enabling them to withstand the test of time and environmental challenges, which is promoting its adoption worldwide. Moreover, the trend towards sustainable and energy-efficient buildings is catalyzing the demand for precise welding techniques to install advanced HVAC systems, pipelines, and electrical components.
Growing demand from key end-use industries
The increasing utilization of welding consumables across various industries, including automotive, energy, and aerospace, for their manufacturing and maintenance needs is strengthening the growth of the market. For instance, the rising use of welding consumables in the automotive sector for assembly, repair, and customization of vehicles is driving its adoption worldwide. Apart from this, in the energy sector, welding consumables are used for constructing and maintaining power plants, pipelines, and renewable energy structures. Furthermore, there is an escalating demand for precision welds in the aerospace industry for aircraft components, which is offering a favorable market outlook. Moreover, the expansion of these industries is catalyzing the demand for high-quality welding consumables.
IMARC Group provides an analysis of the key trends in each segment of the global welding consumables market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type, welding technique and end-use industries.
Stick Electrodes
Solid Wires
Flux Cored Wires
Saw Wires and Fluxes
Others
Stick electrodes dominate the market
The report has provided a detailed breakup and analysis of the market based on the product type. This includes stick electrodes, solid wires, flux cored wires, SAW wires and fluxes, and others. According to the report, stick electrodes represented the largest segment as they require minimal equipment compared to other welding methods and help reduce setup costs and complexity. Moreover, stick electrodes are effective in outdoor and adverse conditions, including windy or wet environments as they can maintain a stable arc in challenging situations. Apart from this, they can be used with various base metals, making them versatile for different materials, thicknesses, and applications. This adaptability contributes to their dominance as a go-to choice for welders. Furthermore, they offer versatility and allow welding in various positions, including overhead and vertical.
Arc Welding
Oxy-Fuel Welding
Resistance Welding
Ultrasonic Welding
Others
Arc welding represents the largest market segment
A detailed breakup and analysis of the market based on the end-use industries has also been provided in the report. This includes arc welding, resistance welding, oxy-fuel welding, ultrasonic welding, and others. According to the report, arc welding holds the largest market share as is relatively cost-effective in terms of equipment setup and consumable usage. Additionally, it produces robust and durable welds, ensuring the structural strength of fabricated components, machinery, and structures. Apart from this, arc welding is widely employed in heavy industries like construction, automotive manufacturing, shipbuilding, and energy sectors due to its ability to join thick materials and create strong welds. Furthermore, many arc welding processes are amenable to automation and robotics integration. This automation enhances precision, consistency, and speed, making arc welding an attractive choice for industries seeking efficient and high-quality production.
Construction
Automobile
Energy
Shipbuilding
Aerospace
Industrial Equipment
Others
Construction accounts for the majority of the market share
A detailed breakup and analysis of the market based on the end-use industries has also been provided in the report. This includes construction, automobile, energy, shipbuilding, aerospace, industrial equipment, and others. According to the report, construction accounted for the largest market share due to the escalating demand for unparalleled structural integrity in buildings, bridges, and other infrastructure projects. Welding provides the means to create robust connections that withstand the structural loads and environmental stresses these projects face. Apart from this, welding is used in numerous construction applications, including steel framing, reinforcement, fabrication of metal components, and connecting prefabricated elements. Moreover, it allows for on-site customization and adaptability. Besides this, welding consumables offer versatility and aid in the modification, expansion, and repair of structures. In addition, welded joints are less prone to loosening or failure, which reduces the risk of accidents and ensures the safety of workers and occupants.
Asia Pacific
North America
Middle East and Africa
Europe
Latin America
North America exhibits a clear dominance, accounting for the largest welding consumables market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share since the region leads in adopting automation and robotics in manufacturing processes, including welding. Automated welding systems require consistent and reliable welding consumables. Additionally, North America is home to numerous large-scale construction and infrastructure projects, ranging from skyscrapers to energy installations. These projects rely heavily on welding consumables to achieve structural integrity and durability. Apart from this, various industries in North America, such as aerospace and automotive, adhere to strict quality and safety standards, which necessitates the use of high-quality welding consumables that ensure compliance and reliability.
Companies are investing significantly in research and development (R&D) activities to innovate and develop new welding consumables that meet evolving industry requirements. This includes creating products for new materials, applications, and welding techniques. Additionally, many companies are focusing on developing eco-friendly welding consumables that minimize environmental impact. This aligns with the increasing demand for sustainable practices across industries. Apart from this, they are actively educating customers about the benefits, proper usage, and best practices related to their welding consumables. This empowers end-users to make informed choices and optimize their welding operations. Moreover, various leading companies are expanding their global footprint by entering new markets and regions.
Voestalpine AG
Colfax Corporation
The Lincoln Electric Company
Air Liquide
Hyundai Welding Co., Ltd.
Obara Corporation
Panasonic Corporation
Illinois Tool Works Inc.
Denyo Co., Ltd.
Fronius International GmbH
Tianjin Bridge Welding Materials Co., Ltd.
Kemppi Oy
Arcon Welding Equipment
In July 2021, Panasonic Corporation created new social media accounts focusing on welding machines and laser welding for sharing the latest information about their welding systems and manufacturing solutions.
In July 2023, Lincoln Electric Company introduced the new POWER MIG 215 MPi multi-process welder that can handle different welding processes. It also has an improved duty cycle for a longer weld time and requires no installation by the user.