Learn about the global welding equipment, accessories, and consumables market through The Business Research Company, which provides information on welding equipment, accessories, and consumables market size, welding equipment, accessories, and consumables market drivers and restraints, welding equipment, accessories, and consumables market players, the COVID-19 impact on the welding equipment, accessories, and consumables market, and more.

The global welding equipment, accessories and consumables market size is expected to grow from $21.47 billion in 2021 to $23.08 billion in 2022 at a compound annual growth rate (CAGR) of 7.52%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The welding equipment market is expected to reach $31.17 billion in 2026 at a CAGR of 7.80%.

The growing demand for the steel industry is expected to propel the growth of the welding equipment, accessories, and consumables market.

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The welding equipment, accessories, and consumables market consists of sales of welding equipment, accessories, and consumables by entities (organizations, sole traders, and partnerships) that refer to a set of activities used in the welding industry. The welding is the process of joining metals and thermoplastics for creating strong joints between two or more parts by means of coalescence. The filler metals melt during the process and Flux is used as a deoxidizer. These flux and filler metals together are known as welding consumables and are used in various applications and industries.

Global Welding Equipment, Accessories, And Consumables Market Segments Include:
By Technology: Arc Welding, Oxy-Fuel Welding, Others

By Application: Automotive, Building and Construction, Heavy Engineering, Railway and Shipbuilding, Oil and Gas, Others

By Equipment Type: Welding Electrode, Filler Metal, Oxy-Fuel Gas

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the welding equipment, accessories, and consumables market in 2021.

Technological advancements is a key trend gaining popularity in the welding equipment, accessories, and consumables market. Technological advancement is a discovery of knowledge that advances technology.

TBRC’s welding equipment, accessories, and consumables market report covers:

Major Market Players: Air Liquide S.A., British Oxygen Company, Bug-O Systems Inc., Carl Cloos Schweisstechnik, Cavagna Group, Colfax Corporation, Daihen Corporation, GCE Holding AB, Gentec (Shanghai) Corporation, Illinois Tool Works Inc, Kobe Steel Ltd, Koike Aronson Inc., Lincoln Electric, Linde Group and Matheson Tri-Gas Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Welding Equipment, Accessories, And Consumables Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides welding equipment, accessories, and consumables market overviews, analyzes and forecasts market size, share, welding equipment, accessories, and consumables market players, welding equipment, accessories, and consumables market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s welding equipment, accessories, and consumables market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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