Market Highlights:
The welding consumables are the ancillary products which are used for welding processes. The welding consumables market is directly related to the growth of different end users such as automotive and construction industries. The equipment is applicable in various countries to emphasize clean energy and low cost productivity techniques. It has been observed that increasing technology advancements by the key players in welding automation coupled with mergers and acquisition is expected to flourish the global welding consumables market in future. The manufacturers of welding consumables are expanding their businesses in Asia-Pacific countries as these countries are focused on foreign direct investment. The market study is being classified by Type (Plasma Transferred Arc & Laser Cladding (PTA), Covered (Stick) Electrodes (SMAW), Gas-Shielded Flux-Cored Wires (FCAW), Self-Shielded Flux-Cored Wires (FCAW) and Stick Electrodes), by Application (Aerospace & Defense, Automotive & Transportation, Construction, Energy, Heavy Machinery, Shipbuilding and Process & Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Welding Consumables are Colfax Corporation (United States), Fronius International GmbH (Austria), Hyundai Welding Co., Ltd. (Singapore), Illinois Tool Works Inc. (United States), Kemppi Oy. (Finland), Obara Corporation (Japan), Panasonic Corporation (Japan), The Lincoln Electric Company (United States), Tianjin Bridge Welding Materials Group Co., Ltd. (China), Voestalpine Bhler Welding GmbH (Germany), Praxair, Inc. (United Kingdom), Voestalpine AG (Austria) and The Linde Group (Ireland).

The Technique Type, such as Arc welding, is boosting the Welding Consumables market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

Major Market Development Highlights
In January 2018, ESAB acquired Sandvik welding. This acquisition is beneficial in expansion of production unit at Scranton, Pennsylvania, Sandviken and Sweden. It can also deliver better service to customers and enhanced portfolio of stainless steel and nickel filter metals.


Key Questions Answered in the Report
What will the Welding Consumables Market size and the growth rate be in Future?
What are the key factors driving the Welding Consumables Market?
What are the key market trends and macro-economic impacting the growth of the Welding Consumables Market?
What are the challenges to market growth?
Who are the key vendors in the Welding Consumables Market?
What are the market opportunities and threats faced by the vendors in the Welding Consumables Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Welding Consumables Market?

Refer complete Table of Content of Welding Consumables Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Welding Consumables market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Welding Consumables market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Welding Consumables Manufacturers, Welding Consumables Traders, End-Use Market Participants of Different Segments of Welding Consumables, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.