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The Asia Pacific welding consumables market is expected to exhibit a CAGR of 5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Welding consumables refer to various flux and filler materials used for combining metals and thermoplastics in heavy industries. Stick electrodes, fluxes and solid, flux-cored and submerged arc welding (SAW) wires are some of the commonly used welding consumables. They are manufactured using steel, copper, rutile, ilmenite and aluminum. The flux prevents the formation of pores and acts as a deoxidizer, whereas the filler metals are melted and used for fixing the joints. As a result, welding consumables are widely used across the construction, energy, automobile and other large-scale industries.
Significant growth in the manufacturing industries, along with extensive infrastructural developments in the Asia Pacific region, is one of the key factors creating a positive outlook for the market. With rapid urbanization, governments of various countries in the region are emphasizing on the construction of sustainable residential and commercial complexes, which has led to the increasing demand for welding consumables. Additionally, automobile manufacturers are also using smooth weld shapes and flat toe angles in vehicles to achieve extended fatigue life on chassis components, thereby favoring the market growth. In line with this, welding consumables are used for joining materials of varying thicknesses and bridging gaps to reduce the vehicular weight and improve fuel efficiency. Other factors, including the development of semi-automatic and automatic welding production systems and their utilization in various small- and large-scale industrial sectors, are anticipated to drive the market further across the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific welding consumables market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, welding technique and end use industries.
Breakup by Product:
Breakup by Welding Technique:
Breakup by End Use Industries:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Welding Technique, End Use Industries, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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