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Global Welding Wires Market Share, Analysis, Research: By Type: Composite Metal-Cored Wires, Gas-Shielded Flux-Cored Arc Welding Wire, Solid Gas Metal Arc Welding Wire; By Material: Alloys, Stainless Steel, Aluminium, Others; By Industry: Automotive, Building and Construction, Others; Regional Analysis; Competitive Landscape; 2018-2028

Global Welding Wires Market Outlook

The global welding wires market would likely grow at a CAGR of 4.7% during 2023-2028. A welding wire is a slender metallic rod ignited to create a heated arc to fuse metal pieces together (welding) by causing the wire to become soft through hammering or compressing under an employed heat source.

 

Welding wires come in several classifications and types. Different welding jobs and base metal materials warrant an appropriate corresponding welding wire for the application. Applications in engineering, shipbuilding and in the creation of building structures are likely to boost the global welding wires market. Asia, North America and Europe are likely to be key markets.

 

Global Market Likely to be Driven by Applications in Domains Such as Shipbuilding, Automotive and Engineering

All arc welding processes use electricity to generate a very hot arc that melts the base metal of joint members, creating fusion. The fusion is assisted by another molten metal (filler metal). All arc welding procedures use filler metal. Coated electrode is employed in Stick welding (SMAW); in TIG welding, filler rods dipped into the weld pool are employed. FCAW and MIG welding processes employ welding wire. Welding wirer refers to the electrode used in the welding process. The electrical arc traverses the gap between workpiece surface and the wire’s end. This helps instigate the arc. While acting as the electrode side of the arc, it also acts as the filler metal entering the molten weld pool to create a strong bond.

 

Hard Wire and Flux-cored Wire are Two Major Types of Welding Wire Used

Welding wire is not restricted to any one type of filler metal. Stainless steel, aluminium, galvanized steel, mild steel, and alloyed materials may be welded with the help of welding wire of various diameters in the presence of an appropriate wire for that type of base metal. Welding wire may generally be divided into two major categories – hard wire (employed with MIG welding; hard wire is capable of being clipped only with welding pliers while flux-cored wire may be broken by hand; hard wire should be utilized with shielding gas safeguard the weld during the liquid state) and flux-cored wire (a tubular filler metal with a flux in the wire centre; includes dual shield which uses protection from the flux and a shielding gas, and self-shielded which depends entirely upon the flux).

 

Applications in Construction, Aerospace, etc. Likely to Boost Market Growth

MIG welding wire is chiefly composed of base metal. It may include titanium, manganese, and silicon (residue of which is often visible after welding). The wire is generally coated in copper which, apart from helping decrease oxidization during welding, may prevent rusting also. Applications of MIG welding include uses in aerospace, manufacturing, construction, custom fabrication, shipbuilding, automotive, and several other industries. Such applications are likely to boost the global welding wires market.

 

Filler metal generally used for flux-cored wire is mild steel. However, other components may be included. Nickel is a commonly used alloy for such type of wire. Apart from filler metal, it includes a combination of fluxes, deoxidizers, metal powders, and other alloys.

 

Market Segmentation

By type, the market is segmented into:

  • Composite Metal-Cored Wires
  • Gas-Shielded Flux-Cored Arc Welding Wire
  • Solid Gas Metal Arc Welding Wire

 

By material, the global welding wires market is classified into:

  • Alloys
  • Stainless Steel
  • Aluminium
  • Others

 

By industry, the market is divided into:

  • Automotive
  • Building and Construction
  • Oil and Gas
  • Others

 

By region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Key Industry Players in the Market

The report offers an extensive assessment of major players in the global welding wires market; it evaluates their capability, observes latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:

 

  • Lincoln Electric Holdings, Inc.
  • Changzhou Sanzhong Welding Materials Co., Ltd
  • Gedik Welding Inc.
  • Berkenhoff GmbH
  • ESAB Corporation
  • Zika Industries Ltd
  • Chosun Welding Co., Ltd.
  • Rywal-RHC Group
  • BS Stainless Limited
  • Novametal SA
  • Others

 

Using SWOT analysis and Porter’s Five Forces model, the EMR report offers deep insights into the industry.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Material
  • Industry
  • Region
Breakup by Type
  • Composite Metal-Cored Wires
  • Gas-Shielded Flux-Cored Arc Welding Wire
  • Solid Gas Metal Arc Welding Wire
Breakup by Material
  • Alloys
  • Stainless Steel
  • Aluminium
  • Others
Breakup by Industry
  • Automotive
  • Building and Construction
  • Oil and Gas
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Lincoln Electric Holdings, Inc.
  • Changzhou Sanzhong Welding Materials Co., Ltd
  • Gedik Welding Inc.
  • Berkenhoff GmbH
  • ESAB Corporation
  • Zika Industries Ltd
  • Chosun Welding Co., Ltd.
  • Rywal-RHC Group
  • BS Stainless Limited
  • Novametal SA
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties 
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Welding Wires Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Welding Wires Historical Market (2018-2022) 
    8.3    Global Welding Wires Market Forecast (2023-2028)
    8.4    Global Welding Wires Market by Type
        8.4.1    Composite Metal-Cored Wires
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Gas-Shielded Flux-Cored Arc Welding Wire
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Solid Gas Metal Arc Welding Wire
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Welding Wires Market by Material
        8.5.1    Alloys
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Stainless Steel
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Aluminium
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Welding Wires Market by Industry
        8.6.1    Automotive
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Building and Construction
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Oil and Gas
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Others
    8.7    Global Welding Wires Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Welding Wires Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Welding Wires Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Welding Wires Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Welding Wires Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Welding Wires Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Lincoln Electric Holdings, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Changzhou Sanzhong Welding Materials Co., Ltd
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Gedik Welding Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Berkenhoff GmbH
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    ESAB Corporation
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Zika Industries Ltd
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Chosun Welding Co., Ltd.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Rywal-RHC Group
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    BS Stainless Limited
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Novametal SA
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Welding Wires Market: Key Industry Highlights, 2018 and 2028
2.    Global Welding Wires Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Welding Wires Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Welding Wires Historical Market: Breakup by Material (USD Million), 2018-2022
5.    Global Welding Wires Market Forecast: Breakup by Material (USD Million), 2023-2028
6.    Global Welding Wires Historical Market: Breakup by Industry (USD Million), 2018-2022
7.    Global Welding Wires Market Forecast: Breakup by Industry (USD Million), 2023-2028
8.    Global Welding Wires Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Welding Wires Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Welding Wires Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Welding Wires Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Welding Wires Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Welding Wires Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Welding Wires Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Welding Wires Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Welding Wires Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Welding Wires Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Welding Wires Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Welding Wires Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Welding Wires Market Structure

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