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Global Welding Rods Market Research Report 2024
Synopsis
A welding rod is a metal rod that is used to join two other base metals when performing shielded metal arc welding (SMAW). A welding rod can also be called a welding electrode. A welding rod can be either consumable or non-consumable, meaning it either melts and provides filler metal to the workpiece, or it does not melt and only conducts electric current to the arc.
The global Welding Rods market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Welding Rods is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Welding Rods is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Welding Rods include Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries and Haynes International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Welding Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Welding Rods.
Report Scope
The Welding Rods market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Welding Rods market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Welding Rods manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik Materials Technology
Lincoln Electric
National Standard
AlcoTec Wire Corporation
Hobart Brothers Performance Welding Products
Jiangsu ZhongJiang Welding Wire Co., Ltd.
Saarstahl
Sumitomo Electric Industries
Haynes International
LaserStar
Luvata
The Harris Products Group
Segment by Type
Stainless Welding Rods
Constructional Welding Rods
Heat-resistant Welding Rods
Low Temperature Welding Rods
Others
Segment by Application
Marine Industry
Construction and Bridge Industry
Machinery Manufacturing Industry
Chemical Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Welding Rods manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Welding Rods by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Welding Rods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A welding rod is a metal rod that is used to join two other base metals when performing shielded metal arc welding (SMAW). A welding rod can also be called a welding electrode. A welding rod can be either consumable or non-consumable, meaning it either melts and provides filler metal to the workpiece, or it does not melt and only conducts electric current to the arc.
The global Welding Rods market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Welding Rods is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Welding Rods is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Welding Rods include Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries and Haynes International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Welding Rods, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Welding Rods.
Report Scope
The Welding Rods market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Welding Rods market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Welding Rods manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sandvik Materials Technology
Lincoln Electric
National Standard
AlcoTec Wire Corporation
Hobart Brothers Performance Welding Products
Jiangsu ZhongJiang Welding Wire Co., Ltd.
Saarstahl
Sumitomo Electric Industries
Haynes International
LaserStar
Luvata
The Harris Products Group
Segment by Type
Stainless Welding Rods
Constructional Welding Rods
Heat-resistant Welding Rods
Low Temperature Welding Rods
Others
Segment by Application
Marine Industry
Construction and Bridge Industry
Machinery Manufacturing Industry
Chemical Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Welding Rods manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Welding Rods by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Welding Rods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Welding Rods Market Overview
1.1 Product Definition
1.2 Welding Rods Segment by Type
1.2.1 Global Welding Rods Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Stainless Welding Rods
1.2.3 Constructional Welding Rods
1.2.4 Heat-resistant Welding Rods
1.2.5 Low Temperature Welding Rods
1.2.6 Others
1.3 Welding Rods Segment by Application
1.3.1 Global Welding Rods Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Marine Industry
1.3.3 Construction and Bridge Industry
1.3.4 Machinery Manufacturing Industry
1.3.5 Chemical Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Welding Rods Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Welding Rods Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Welding Rods Production Estimates and Forecasts (2019-2030)
1.4.4 Global Welding Rods Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Welding Rods Production Market Share by Manufacturers (2019-2024)
2.2 Global Welding Rods Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Welding Rods, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Welding Rods Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Welding Rods Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Welding Rods, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Welding Rods, Product Offered and Application
2.8 Global Key Manufacturers of Welding Rods, Date of Enter into This Industry
2.9 Welding Rods Market Competitive Situation and Trends
2.9.1 Welding Rods Market Concentration Rate
2.9.2 Global 5 and 10 Largest Welding Rods Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Welding Rods Production by Region
3.1 Global Welding Rods Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Welding Rods Production Value by Region (2019-2030)
3.2.1 Global Welding Rods Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Welding Rods by Region (2025-2030)
3.3 Global Welding Rods Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Welding Rods Production by Region (2019-2030)
3.4.1 Global Welding Rods Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Welding Rods by Region (2025-2030)
3.5 Global Welding Rods Market Price Analysis by Region (2019-2024)
3.6 Global Welding Rods Production and Value, Year-over-Year Growth
3.6.1 North America Welding Rods Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Welding Rods Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Welding Rods Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Welding Rods Production Value Estimates and Forecasts (2019-2030)
4 Welding Rods Consumption by Region
4.1 Global Welding Rods Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Welding Rods Consumption by Region (2019-2030)
4.2.1 Global Welding Rods Consumption by Region (2019-2024)
4.2.2 Global Welding Rods Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Welding Rods Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Welding Rods Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Welding Rods Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Welding Rods Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Welding Rods Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Welding Rods Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Welding Rods Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Welding Rods Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Welding Rods Production by Type (2019-2030)
5.1.1 Global Welding Rods Production by Type (2019-2024)
5.1.2 Global Welding Rods Production by Type (2025-2030)
5.1.3 Global Welding Rods Production Market Share by Type (2019-2030)
5.2 Global Welding Rods Production Value by Type (2019-2030)
5.2.1 Global Welding Rods Production Value by Type (2019-2024)
5.2.2 Global Welding Rods Production Value by Type (2025-2030)
5.2.3 Global Welding Rods Production Value Market Share by Type (2019-2030)
5.3 Global Welding Rods Price by Type (2019-2030)
6 Segment by Application
6.1 Global Welding Rods Production by Application (2019-2030)
6.1.1 Global Welding Rods Production by Application (2019-2024)
6.1.2 Global Welding Rods Production by Application (2025-2030)
6.1.3 Global Welding Rods Production Market Share by Application (2019-2030)
6.2 Global Welding Rods Production Value by Application (2019-2030)
6.2.1 Global Welding Rods Production Value by Application (2019-2024)
6.2.2 Global Welding Rods Production Value by Application (2025-2030)
6.2.3 Global Welding Rods Production Value Market Share by Application (2019-2030)
6.3 Global Welding Rods Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sandvik Materials Technology
7.1.1 Sandvik Materials Technology Welding Rods Corporation Information
7.1.2 Sandvik Materials Technology Welding Rods Product Portfolio
7.1.3 Sandvik Materials Technology Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sandvik Materials Technology Main Business and Markets Served
7.1.5 Sandvik Materials Technology Recent Developments/Updates
7.2 Lincoln Electric
7.2.1 Lincoln Electric Welding Rods Corporation Information
7.2.2 Lincoln Electric Welding Rods Product Portfolio
7.2.3 Lincoln Electric Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Lincoln Electric Main Business and Markets Served
7.2.5 Lincoln Electric Recent Developments/Updates
7.3 National Standard
7.3.1 National Standard Welding Rods Corporation Information
7.3.2 National Standard Welding Rods Product Portfolio
7.3.3 National Standard Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.3.4 National Standard Main Business and Markets Served
7.3.5 National Standard Recent Developments/Updates
7.4 AlcoTec Wire Corporation
7.4.1 AlcoTec Wire Corporation Welding Rods Corporation Information
7.4.2 AlcoTec Wire Corporation Welding Rods Product Portfolio
7.4.3 AlcoTec Wire Corporation Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.4.4 AlcoTec Wire Corporation Main Business and Markets Served
7.4.5 AlcoTec Wire Corporation Recent Developments/Updates
7.5 Hobart Brothers Performance Welding Products
7.5.1 Hobart Brothers Performance Welding Products Welding Rods Corporation Information
7.5.2 Hobart Brothers Performance Welding Products Welding Rods Product Portfolio
7.5.3 Hobart Brothers Performance Welding Products Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hobart Brothers Performance Welding Products Main Business and Markets Served
7.5.5 Hobart Brothers Performance Welding Products Recent Developments/Updates
7.6 Jiangsu ZhongJiang Welding Wire Co., Ltd.
7.6.1 Jiangsu ZhongJiang Welding Wire Co., Ltd. Welding Rods Corporation Information
7.6.2 Jiangsu ZhongJiang Welding Wire Co., Ltd. Welding Rods Product Portfolio
7.6.3 Jiangsu ZhongJiang Welding Wire Co., Ltd. Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jiangsu ZhongJiang Welding Wire Co., Ltd. Main Business and Markets Served
7.6.5 Jiangsu ZhongJiang Welding Wire Co., Ltd. Recent Developments/Updates
7.7 Saarstahl
7.7.1 Saarstahl Welding Rods Corporation Information
7.7.2 Saarstahl Welding Rods Product Portfolio
7.7.3 Saarstahl Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Saarstahl Main Business and Markets Served
7.7.5 Saarstahl Recent Developments/Updates
7.8 Sumitomo Electric Industries
7.8.1 Sumitomo Electric Industries Welding Rods Corporation Information
7.8.2 Sumitomo Electric Industries Welding Rods Product Portfolio
7.8.3 Sumitomo Electric Industries Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Sumitomo Electric Industries Main Business and Markets Served
7.7.5 Sumitomo Electric Industries Recent Developments/Updates
7.9 Haynes International
7.9.1 Haynes International Welding Rods Corporation Information
7.9.2 Haynes International Welding Rods Product Portfolio
7.9.3 Haynes International Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Haynes International Main Business and Markets Served
7.9.5 Haynes International Recent Developments/Updates
7.10 LaserStar
7.10.1 LaserStar Welding Rods Corporation Information
7.10.2 LaserStar Welding Rods Product Portfolio
7.10.3 LaserStar Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.10.4 LaserStar Main Business and Markets Served
7.10.5 LaserStar Recent Developments/Updates
7.11 Luvata
7.11.1 Luvata Welding Rods Corporation Information
7.11.2 Luvata Welding Rods Product Portfolio
7.11.3 Luvata Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Luvata Main Business and Markets Served
7.11.5 Luvata Recent Developments/Updates
7.12 The Harris Products Group
7.12.1 The Harris Products Group Welding Rods Corporation Information
7.12.2 The Harris Products Group Welding Rods Product Portfolio
7.12.3 The Harris Products Group Welding Rods Production, Value, Price and Gross Margin (2019-2024)
7.12.4 The Harris Products Group Main Business and Markets Served
7.12.5 The Harris Products Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Welding Rods Industry Chain Analysis
8.2 Welding Rods Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Welding Rods Production Mode & Process
8.4 Welding Rods Sales and Marketing
8.4.1 Welding Rods Sales Channels
8.4.2 Welding Rods Distributors
8.5 Welding Rods Customers
9 Welding Rods Market Dynamics
9.1 Welding Rods Industry Trends
9.2 Welding Rods Market Drivers
9.3 Welding Rods Market Challenges
9.4 Welding Rods Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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