The global welding consumables market is anticipated to cross USD 19 billion by 2025, growing at a CAGR of >5.0%. The increasing population coupled with infrastructure development has prompted developed as well as developing economies to increase their construction activities. According to the United Nations prediction, the number of people living in cities could double by 2050, which is close to 6.5 billion.

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The global welding consumables market has been segmented by end-use and type. The welding consumables market end-use segments mainly include construction, automotive, aerospace & defense, and marine sectors. Construction and marine applications are likely to retain a significant market share in the global welding consumables market. Particularly due to the growing demand from the other end-use segments, such as the oil and gas industries, manufacturing, and automotive applications, the market is projected to expand over the coming years.

Some prominent players are Bohler Welding, Hyundai, Lincoln Electric, Air Liquide, ARCON Welding, Denyo, Fronius International, Illinois Tool Work, Kemppi, Kobelco, Panasonic, and Tianjin Bridge Welding Materials Group.

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Key segments of the global welding consumables market

End-user Overview, 2015-2025 (USD Billion)

Aerospace & Defense
Automotive
Construction
Marine
Others

Type Overview, 2015-2025 (USD Billion)

Stick Electrodes
Solid Wires
Flux Cored Wires
Saw Wires & Fluxes

Regional Overview, 2015-2025 (USD Billion)

North America
US
Canada
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC
Rest of Middle East & Africa

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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