Welding Products Market Size to Exceed $7.4 Billion by 2029 | Growth and Industry Trends

July 19, 2025 by The Business Research Company

Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.

#How Has the Welding Products Market Grown from 2024 to 2025?#_x000D_

The market for welding products has seen robust growth in the past few years. The market size is predicted to swell from $16.55 billion in 2024 to $17.54 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. This historical growth is likely due to increased industrialization, proliferation of the manufacturing sector, advancements in infrastructure projects, adoption of welding technology in the automotive industry, and a boost in construction activities._x000D_

_x000D_

#What Growth Rate Is Anticipated for the Welding Products Market in the Coming Years?#_x000D_

The market for welding products is forecasted to experience robust growth in the approaching years, reaching a valuation of $23.38 billion by 2029 with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth during the prediction period include the escalating demand for welding products within the renewable energy field, the burgeoning need for lightweight materials across varied sectors, the expansion of the oil and gas industry, a heightened focus on repair and maintenance tasks in aged infrastructure, and a rising demand for welding items in the defence sector. Key trends to watch during this forecast period are the adoption of automation and AI, the use of environmentally friendly welding technologies and materials, the tailoring of welding products to suit individual industrial applications, the application of data analytics for quality checks, and a transition towards more portable, compact welding equipment for improved flexibility._x000D_

_x000D_

https://www.thebusinessresearchcompany.com/sample.aspx?id=5303&type=smp_x000D_

_x000D_

Major companies operating in the welding products market include The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works Inc., Kemppi Oyj, Kiswel Inc., Obara Corporation, Senor Metals Pvt. Ltd., Tianjin Bridge Welding Materials Co. Ltd., Elektriska Svetsnings-Aktiebolaget, Ador Welding Ltd., Panasonic Life Solutions India Pvt. Ltd., Rofin-Sinar Technologies Inc., Sonics & Materials Inc., Fronius International GmbH, Daihen Corporation, Voestalpine AG, Arcon Welding Products Private Limited, Air Liquide SA, Carl Cloos Schweisstechnik GmbH, OTC DAIHEN Inc., Mitco Weld Products Pvt. Ltd., voestalpine Böhler Welding Group GmbH, Miller Electric Mfg. Co., GCE Group Ltd., EWM AG, Kjellberg Finsterwalde Plasma und Maschinen GmbH, Lincoln Electric Holdings Inc., FZE Manufacturing Solutions LLC, Copelands Inc., Harvan Manufacturing Ltd., Kooima Company, PT Tech LLC, William L Bonnell Company Inc., Pexco LLC, Arcair Appliance Industrial Co. Ltd., Harris Calorific Inc._x000D_

_x000D_

The welding products market is anticipated to flourish due to the rapid development of the construction industry in the forthcoming period. The construction industry is multifaceted, encompassing varied tasks such as infrastructure, construction of buildings, and maintenance services. Welding, typically used in the creation of metal-based structural frameworks, is integral for connecting structural components like trusses, footers, steel I-beams, and columns that underpin a building’s walls, roof, and floors. To illustrate, Intercontinental Exchange (ICE), a US-based technology enterprise, predicts that the global construction sector is destined to reach a value of $8 trillion by 2030. As a result, the swift expansion of the construction industry is fueling the growth of the welding products market._x000D_

_x000D_

https://www.thebusinessresearchcompany.com/customise?id=5303&type=smp_x000D_

_x000D_

The welding products market covered in this report is segmented –_x000D_

_x000D_

1) By Product: Stick Electrodes, Solid Wires, Flux Cored Wires, Saw Wires And fluxes, Other Products_x000D_

2) By Technology: Arc Welding, Resistance Welding, Oxy Fuel Welding, Laser Beam Welding, Other Technologies_x000D_

3) By Application: Automotive And Transportation, Building And Construction, Marine, Other Applications_x000D_

_x000D_

Subsegments:_x000D_

1) By Stick Electrodes: Mild Steel Electrodes, Stainless Steel Electrodes, Cast Iron Electrodes_x000D_

2) By Solid Wires: ER70S-6 Wires, Stainless Steel Solid Wires_x000D_

3) By Flux Cored Wires: Gas-Shielded Flux Cored Wires, Self-Shielded Flux Cored Wires_x000D_

4) By SAW Wires And Fluxes: Submerged Arc Welding (SAW) Wires, SAW Fluxes_x000D_

5) By Other Products: Welding Rods, Welding Accessories_x000D_

_x000D_

The welding products market is witnessing a growing trend of technological advancement in its products. Leading players in the market are focusing on creating technologically superior products with enhanced impact wear resistance and combined abrasion to cater to industrial needs. For example, in July 2022, Vitesco Technologies, a German company specialising in drivetrain and powertrain technologies, introduced a new green laser device – a ground-breaking laser welding technology designed for sustainable manufacturing. Depending on its usage, green lasers can reduce energy use by up to 20% and the carbon footprint per laser-welded joint compared to conventional infrared laser systems, which have long been a standard in copper welding._x000D_

_x000D_

https://www.thebusinessresearchcompany.com/report/welding-products-global-market-report_x000D_

_x000D_

Asia-Pacific was the largest region in the welding products market in 2024. The regions covered in the welding products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_

_x000D_

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5303_x000D_

_x000D_

#This Report Delivers Insight On: #_x000D_

1. How big is the welding products market, and how is it changing globally?_x000D_

2. Who are the major companies in the welding products market, and how are they performing?_x000D_

3. What are the key opportunities and risks in the welding products market right now?_x000D_

4. Which products or customer segments are growing the most in the welding products market?_x000D_

5. What factors are helping or slowing down the growth of the welding products market?_x000D_

_x000D_

#About The Business Research Company:#_x000D_

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game._x000D_

_x000D_

#Get in touch with us:#_x000D_

The Business Research Company: https://www.thebusinessresearchcompany.com/_x000D_

Americas +1 310-496-7795_x000D_

Europe +44 7882 955267_x000D_

Asia & Others +44 7882 955267 & +91 8897263534_x000D_

Email us at [email protected]_x000D_

_x000D_

#Follow us on:#_x000D_

_x000D_

LinkedIn: https://in.linkedin.com/company/the-business-research-company_x000D_

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ_x000D_