Latest Innovation in the WELDING CONSUMABLES MARKET
                     Latest Innovation in the WELDING 
CONSUMABLES MARKET 
Welding is a process of joining metals and thermoplastics by the process of coalescence. It is 
often preferred process whenever joints are required, since it is effective and economical. 
Flux is commonly used to produce a shield of gas around the weld pool, in order to prevent 
oxidation pool of the hot metals. Flux and filler metals are called welding consumables 
where they melt while joining two metals, in order to form a strong joint and protect molten 
weld from atmospheric containments. There are different types of consumables such as 
stick electrodes, flux-cored wires, SAW wires & fluxes, and more. 
Welding is one of the essential processes used in construction and automobile industry 
where different types of welding such as arc welding, laser beam welding, friction welding, 
resistance welding, and ultrasonic welding are used. These welding technologies are used to 
join metals permanently. Moreover, welding used in repair and maintenance of 
automobiles, which has increase the demand for welding consumables. Industrialization and 
rapid urbanization have increased the demand for welding consumables. Thus, rampant 
growth of construction and automobile industry is expected to drive the market growth 
over the forecast period. 
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Market Dynamics- Restraints 
1. Slow adoption of advanced welding technologies is expected to hamper the global 
welding consumables market growth over the forecast period 
There has been slow adoption of advanced welding technologies in emerging economies 
such as India and China, which is expected to restrain the market growth up to certain 
extents. Cost sensitivity is another factor hampering the market growth in these countries. 
Advanced welding technologies such as electron beam and laser beam are predominantly 
used on developed country though due to high costs it has witnessed low adoption in 
emerging economies. 
2. Lack of skilled labor force in emerging economies is expected to hinder the global 
welding consumables market growth over the forecast period 
Certain welding practices such as laser beam welding, electron beam welding or ultrasonic 
welding requires highly skilled labor force. These techniques employ special tools that need 
to be operated by only trained workforce. Unavailability such skilled and trained workers in 
emerging economies such as India and China is expected to restrain the market growth 
during the forecast period. 
 
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Key companies operating in the global welding consumables market are voestalpine AG, 
Arcon Welding Equipment, Colfax Corporation, Kemppi Oy, The Lincoln Electric Company, 
Tianjin Bridge Welding Materials Co., Ltd., Air Liquide, Fronius International GmbH, 
Hyundai Welding Co., Ltd., Denyo Co., Ltd., Obara Corporation, Illinois Tool Works Inc., 
and Panasonic Corporation. 
 
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