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Europe Welding Consumables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

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.

 

 
 

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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.

Key Market Segmentation:

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:

 

 
 

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  • Stick Electrodes
  • Solid Wires
  • Flux Cored Wires
  • SAW Wires and Fluxes
  • Others
     

Breakup by Welding Technique:

  • Arc Welding
  • Resistance Welding
  • Oxyfuel Welding
  • Ultrasonic Welding
  • Others
     

Breakup by End Use Industries:

  • Construction
  • Automobile
  • Energy
  • Shipbuilding
  • Aerospace
  • Industrial Equipment
  • Others
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
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)

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Europe Welding Consumables Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    Stick Electrodes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Solid Wires
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Flux Cored Wires
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    SAW Wires and Fluxes
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Welding Technique
    7.1    Arc Welding
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Resistance Welding
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Oxyfuel Welding
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Ultrasonic Welding
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by End Use Industries
    8.1    Construction
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automobile
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Energy
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Shipbuilding
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Aerospace
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Industrial Equipment
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9   Market Breakup by Country
    9.1    Germany
        9.1.1 Market Trends
        9.1.2 Market Breakup by Product
        9.1.3 Market Breakup by Welding Technique
        9.1.4 Market Breakup by End Use Industries
        9.1.5 Market Forecast
    9.2    France
        9.2.1 Market Trends
        9.2.2 Market Breakup by Product
        9.2.3 Market Breakup by Welding Technique
        9.2.4 Market Breakup by End Use Industries
        9.2.5 Market Forecast
    9.3    United Kingdom
        9.3.1 Market Trends
        9.3.2 Market Breakup by Product
        9.3.3 Market Breakup by Welding Technique
        9.3.4 Market Breakup by End Use Industries
        9.3.5 Market Forecast
    9.4    Italy
        9.4.1 Market Trends
        9.4.2 Market Breakup by Product
        9.4.3 Market Breakup by Welding Technique
        9.4.4 Market Breakup by End Use Industries
        9.4.5 Market Forecast
    9.5    Spain
        9.5.1 Market Trends
        9.5.2 Market Breakup by Product
        9.5.3 Market Breakup by Welding Technique
        9.5.4 Market Breakup by End Use Industries
        9.5.5 Market Forecast
     9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Breakup by Product
        9.6.3 Market Breakup by Welding Technique
        9.6.4 Market Breakup by End Use Industries
        9.6.5 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Policy and Regulatory Landscape
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Europe: Welding Consumables Market: Major Drivers and Challenges
Figure 2: Europe: Welding Consumables Market: Sales Value (in Million US$), 2016-2021 
Figure 3: Europe: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Europe: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 5: Europe: Welding Consumables Market: Breakup by Welding Technique (in %), 2021
Figure 6: Europe: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 7: Europe: Welding Consumables Market: Breakup by Country (in %), 2021
Figure 8: Europe: Welding Consumables (Stick Electrodes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Europe: Welding Consumables (Stick Electrodes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Europe: Welding Consumables (Solid Wires) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Europe: Welding Consumables (Solid Wires) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Europe: Welding Consumables (Flux Cored Wires) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Europe: Welding Consumables (Flux Cored Wires) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Europe: Welding Consumables (SAW Wires and Fluxes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Europe: Welding Consumables (SAW Wires and Fluxes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Europe: Welding Consumables (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Europe: Welding Consumables (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Europe: Welding Consumables (Arc Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Europe: Welding Consumables (Arc Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Europe: Welding Consumables (Resistance Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Europe: Welding Consumables (Resistance Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Europe: Welding Consumables (Oxyfuel Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Europe: Welding Consumables (Oxyfuel Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Europe: Welding Consumables (Ultrasonic Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Europe: Welding Consumables (Ultrasonic Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Europe: Welding Consumables (Other Welding Techniques) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Europe: Welding Consumables (Other Welding Techniques) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Europe: Welding Consumables (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Europe: Welding Consumables (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Europe: Welding Consumables (Automobile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Europe: Welding Consumables (Automobile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Europe: Welding Consumables (Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Europe: Welding Consumables (Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Europe: Welding Consumables (Shipbuilding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Europe: Welding Consumables (Shipbuilding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Europe: Welding Consumables (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Europe: Welding Consumables (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Europe: Welding Consumables (Industrial Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Europe: Welding Consumables (Industrial Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Europe: Welding Consumables (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Europe: Welding Consumables (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Germany: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Germany: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 44: Germany: Welding Consumables Market: Breakup by Welding Technique (in %), 2021 
Figure 45: Germany: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 46: Germany: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 49: France: Welding Consumables Market: Breakup by Welding Technique (in %), 2021 
Figure 50: France: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 51: France: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 54: United Kingdom: Welding Consumables Market: Breakup by Welding Technique (in %), 2021 
Figure 55: United Kingdom: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 56: United Kingdom: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 59: Italy: Welding Consumables Market: Breakup by Welding Technique (in %), 2021 
Figure 60: Italy: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 61: Italy: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 64: Spain: Welding Consumables Market: Breakup by Welding Technique (in %), 2021 
Figure 65: Spain: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 66: Spain: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027 
Figure 67: Others: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Welding Consumables Industry: SWOT Analysis
Figure 70: Europe: Welding Consumables Industry: Value Chain Analysis
Figure 71: Europe: Welding Consumables Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Europe: Welding Consumables Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Welding Consumables Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Europe: Welding Consumables Market Forecast: Breakup by Welding Technique (in Million US$), 2022-2027
Table 4: Europe: Welding Consumables Market Forecast: Breakup by End Use Industries (in Million US$), 2022-2027
Table 5: Europe: Welding Consumables Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: Europe: Welding Consumables Market: Competitive Structure
Table 7: Europe: Welding Consumables Market: Key Players


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Key Questions Answered in This Report

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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