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We expect the GCC welding consumables market to exhibit a CAGR of 7% during 2022-2027.
The advent of automated and laser-based welding technologies, used for manufacturing of automobiles
with enhanced safety and fuel efficiency, is primarily catalyzing the GCC welding consumables market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several GCC nations resulting in the temporary closure of numerous end-use
industries, thereby limiting the overall demand for welding consumables.
Based on the product, the GCC 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 GCC welding consumables market has been divided into Arc
welding, resistance welding, oxyfuel welding, ultrasonic welding, and others. Among these, Arc welding
technique currently exhibits a clear dominance in the market.
Based on the end use industries, the GCC 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 Saudi Arabia, UAE, Qatar, Oman, Kuwait, and
Bahrain, where Saudi Arabia currently dominates the GCC welding consumables market.
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