The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The Europe welding consumables market is expected to exhibit a CAGR of 4% 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 flux and filler materials used for joining or combining various metals through welding. The flux acts as a deoxidizer to prevent the formation of pores, whereas the filler materials are melted to fix the joints during the welding process. Some of the metals used in the production of welding consumables include low alloy or nickel steel, copper, rutile, ilmenite and aluminum. These metals are used for the fabrication of stick electrodes, fluxes and solid, flux-cored and submerged arc welding (SAW) wires, which are extensively used in the construction, automobile, transportation and energy industries.
Significant growth in the construction industry, resulting from extensive residential, commercial and industrial infrastructural development, is one of the key factors creating a positive outlook for the market. For instance, welding consumables, such as flux-cored wires and stick electrodes, are widely used in the manufacturing of various steel-based construction components and materials. Furthermore, the increasing demand for innovative automobile designs that offer enhanced safety and comfort to the passengers is providing a thrust to the market growth. Welding consumables are used for manufacturing lightweight components to increase the overall fuel efficiency of the vehicle. Additionally, the adoption of novel laser and ultrasonic welding techniques in the manufacturing of robotic, electric and automotive components is anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe 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||Germany, France, United Kingdom, Italy, Spain, 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)|
The Europe welding consumables market was valued at US$ 2.8 Billion in 2021.
We expect the Europe welding consumables market to exhibit a CAGR of 4.00% during 2022-2027.
The advent of automated and laser-based welding technologies used to manufacture innovative and
lightweight automobile components, offering enhanced safety and fuel efficiency, is primarily catalyzing
the Europe welding consumables market.
In Europe, the sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations resulting in the temporary closure of numerous end-use industries, thereby
limiting the demand for welding consumables.
Based on the product, the Europe welding consumables market can be segmented into stick electrodes,
solid wires, flux cored wires, SAW wires and fluxes, and others. Currently, stick electrodes hold the
majority of the total market share.
Based on the welding technique, the Europe welding consumables market has been divided into arc
welding, resistance welding, oxyfuel welding, ultrasonic welding, and others. Among these, arc welding
currently exhibits a clear dominance in the market.
Based on the end use industries, the Europe welding consumables market can be categorized into
construction, automobile, energy, shipbuilding, aerospace, industrial equipment, and others. Currently,
the construction industry accounts for the largest market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain,
and others, where Germany currently dominates the Europe welding consumables market.
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