Europe Welding Consumables Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Europe Welding Consumables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Europe welding consumables market is currently witnessing moderate growth. 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. Looking forward, IMARC Group expects the market to witness moderate growth during 2021-2026.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe welding consumables market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product, welding technique and end use industries.

Breakup by Product:

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.

Key Questions Answered in This Report:

How has the Europe welding consumables market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Europe welding consumables market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the welding technique?
What is the breakup of the market based on the end use industries?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Europe welding consumables market and who are the key players?
What is the degree of competition in the industry?