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

Market Overview:

The United States welding consumables market is expected to exhibit a CAGR of 3.5% 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 metals used for combining metals and thermoplastics through welding. The filler metals used in welding are melted to fix the joints and the flux acts as a deoxidizer to prevent the formation of pores. Some of the commonly used welding consumables include stick electrodes, flux-cored wires, fluxes and submerged arc welding (SAW) wires. They are usually manufactured using iron, steel, copper, aluminum, brass, bronze and other coating materials and are extensively used across the construction, automotive, transportation and marine industries.

 

 
 

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Significant growth in the construction industry, coupled with the increasing consumption of steel, is one of the key factors creating a positive outlook for the market in the United States. For instance, welding consumables, such as flux-cored wires and stick electrodes, are widely used in the fabrication of steel and manufacturing infrastructural components. Furthermore, the extensive adoption of innovative welding techniques in next-generation automobile designs with enhanced safety features is also contributing to the market growth. Additionally, various technological advancements, such as the development of laser and ultrasonic welding techniques, are acting as other growth-inducing factors. These techniques assist in the manufacturing of robotic, electric and automotive components with immense precision and accuracy.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States welding consumables market, along with forecast at the country and regional 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 Region:

  • Northeast
  • Midwest
  • South
  • West
     

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, Region
Region Covered Northeast, Midwest, South, West
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   United States 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 Region
    9.1    Northeast
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Midwest
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    South
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    West
        9.4.1 Market Trends
        9.4.2 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: United States: Welding Consumables Market: Major Drivers and Challenges
Figure 2: United States: Welding Consumables Market: Sales Value (in Million US$), 2016 - 2021
Figure 3: United States: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: United States: Welding Consumables Market: Breakup by Product (in %), 2021
Figure 5: United States: Welding Consumables Market: Breakup by Welding Technique (in %), 2021
Figure 6: United States: Welding Consumables Market: Breakup by End Use Industries (in %), 2021
Figure 7: United States: Welding Consumables Market: Breakup by Region (in %), 2021
Figure 8: United States: Welding Consumables (Stick Electrodes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: United States: Welding Consumables (Stick Electrodes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: United States: Welding Consumables (Solid Wires) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: United States: Welding Consumables (Solid Wires) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: United States: Welding Consumables (Flux Cored Wires) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: United States: Welding Consumables (Flux Cored Wires) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: United States: Welding Consumables (SAW Wires and Fluxes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: United States: Welding Consumables (SAW Wires and Fluxes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: United States: Welding Consumables (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: United States: Welding Consumables (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: United States: Welding Consumables (Arc Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: United States: Welding Consumables (Arc Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: United States: Welding Consumables (Resistance Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: United States: Welding Consumables (Resistance Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: United States: Welding Consumables (Oxyfuel Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: United States: Welding Consumables (Oxyfuel Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Welding Consumables (Ultrasonic Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Welding Consumables (Ultrasonic Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Welding Consumables (Other Welding Techniques) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Welding Consumables (Other Welding Techniques) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Welding Consumables (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Welding Consumables (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Welding Consumables (Automobile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Welding Consumables (Automobile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Welding Consumables (Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Welding Consumables (Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Welding Consumables (Shipbuilding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Welding Consumables (Shipbuilding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Welding Consumables (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Welding Consumables (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Welding Consumables (Industrial Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Welding Consumables (Industrial Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Welding Consumables (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Welding Consumables (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Northeast: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Northeast: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Midwest: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Midwest: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: West: Welding Consumables Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: West: Welding Consumables Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United States: Welding Consumables Industry: SWOT Analysis
Figure 51: United States: Welding Consumables Industry: Value Chain Analysis
Figure 52: United States: Welding Consumables Industry: Porter’s Five Forces Analysis

List of Tables

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


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Key Questions Answered in This Report

The United States welding consumables market was valued at US$ 2.82 Billion in 2021.

We expect the United States welding consumables market to exhibit a CAGR of 3.50% during 2022-2027.

The advent of automated and laser-based welding technologies used in manufacturing of next-
generation automobile designs with enhanced safety features, is primarily catalyzing the United States
welding consumables market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations in the United States resulting in temporary closure of numerous end-use industries, thereby
limiting the demand for welding consumables.

Based on the product, the United States 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 United States 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 United States 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 Northeast, Midwest, South, and West, where
South currently dominates the market.

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