

The global welding materials market is estimated to reach USD 22.8 billion by 2026 growing at a CAGR of 6.6% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Welding Materials Market Share, Size, Trends, & Industry Analysis Report, By Type (Fluxes & Wires, Electrode & Filler Materials); By Technology (Resistance Welding, ARC Welding, Ultrasonic Welding); By End-User, By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the automotive and transportation segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
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The well-known companies profiled in the report include Air Products And Chemicals, Inc., Praxair Technology, Inc., Tianjin Bridge Welding Materials Group Co., Ltd., The Lincoln Electric Company, Illinois Tool Works Inc., Ador Welding Ltd., Hyundai Welding Co., Ltd., Taiyo Nippon Sanso Corporation, Fronius International GmbH, Miller Electric Mfg. LLC, Iwatani Corporation, and Colfax Corporation. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach.
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Welding Materials Regional Outlook (Revenue, USD Billion, 2015 – 2026)
- North America
- S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Belgium
- Russia
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Korea
- Singapore
- Malaysia
- Indonesia
- Thailand
- Philippines
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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