+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2014-12-19Number of Pages: 91

Welding Consumables (Stick Electrode, Solid Wires, Flux-cored Wires, SAW Wires & Fluxes, and Others) Market for Automobile & Transportation, Building & Construction, Marine, and Other Applications - EMEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020


Welding is a fabrication process, wherein metals or thermoplastics are joined together with the help of coalescence. Filler metals melt with joining materials and are consumed during the welding process. Flux is used to produce a gas shield around the weld and prevent oxidation of metals. Together, flux and filler metals are known as welding consumables. Welding consumables are used in various end-use industries such as manufacturing, automobile, marine, building & construction, and offshore. Welding is the only joining method used in space and underwater applications. 

Stick electrodes, solid wires, flux-cored wires, SAW wires & fluxes, and rods are the major types of welding consumables available in the market. Stick electrodes dominated the welding consumables market in EMEA, with more than 40% share in 2013. Stick electrodes are designed for usage in mild- and low-alloy steel welding applications. They are widely used in power generation and petrochemical industries. Solid wire consists of a single strand of wire insulated with non-conductive material. Solid wires can be used to change the tracking on printed circuit assemblies. These wires are convenient for making temporary connections between circuitry modules and test equipment. Flux-cored wires are used for welding medium and high-tensile steels in all positions. These can be employed for welding general and structural steel work. SAW wires & fluxes are designed for submerged-arc welding applications. They are used in applications in structural steels, shipbuilding steels, and pipeline steels. Flux-cored wire is expected to be the fastest growing segment in the welding consumables market during the forecast period from 2013 to 2020.

Welding consumables are primarily used in automobiles & transportation, building & construction, and marine industries. Welding consumables are used in the automobile & transportation industry to manufacture critical components and subsystems. The building and construction application accounted for more than 18% share of the welding consumables market in EMEA in 2013. Welding consumables are used to join pipes in refineries and power plants. Welding consumables are also extensively used in the marine industry to manufacture major components of ships. 

Welding is a well-known process across regions. The quality of welding work is highly dependent on the welding process, skill of the worker and consumable used. In terms of volume, Europe dominated the welding consumables market with over 70% share in the EMEA region in 2013. The Middle East was the second-largest market for welding consumables in EMEA in 2013. Growth in the building and construction industry is anticipated to be the key driver of the welding consumables market in the Middle East. Large quantity of steel, welding equipment and consumables would be required for construction projects and refineries due to expansion of economic infrastructure in Saudi Arabia and other GCC states. Construction of new power plants and repair and maintenance activities in Africa are estimated to boost the demand for welding consumables in the near future. Additionally, new projects in mining and metals, and oil and gas industries would further augment demand for welding consumables.

Three major companies - Lincoln Electric, Elektriska Svetsnings-Aktiebolaget (ESAB), Voestalpine AG and Illinois Tool Works, Inc. (ITW) — dominate the welding consumables market in EMEA. These companies have a strong global distribution network, with presence in welding consumables as well as welding equipment markets. Additionally, various small and medium players operate in Europe and Africa. Arcsel LLC is a specialized manufacturer of welding consumables (electrodes and wire) for arc welding in Eastern Europe. Vorarc Welding CC is the largest manufacturer of submerged-arc welding wires in Africa. It is the only manufacturer of submerged arc fluxes in the continent.

emea-welding-consumables-market


Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 EMEA Welding Consumables Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
2.2 EMEA Welding Consumables Market, Snapshot (2013 and 2020)

Chapter 3 Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
     3.3.1 Growth in Automobile and Construction Industries
     3.3.2 Increasing Demand from Oil & Gas Industry
3.4 Market Restraints
     3.4.1 Shortage of Skilled Labor in Manufacturing Industries
3.5 Opportunities
     3.5.1 High Potential for Welding Consumables in Wind Industry, Especially in Emerging Economies
3.6 Porter’s Five Forces Model
     3.6.1 Bargaining Power of Suppliers
     3.6.2 Bargaining Power of Buyers
     3.6.3 Threat from New Entrants
     3.6.4 Threat from Substitutes
     3.6.5 Degree of Competition
3.7 Welding Consumables Market: Market attractiveness
3.8 Welding Consumables Market: Company Market Share Analysis
3.9 Key production plants and capacities of welding consumables in EMEA region

Chapter 4 Welding Consumables Market – Product Segment Analysis
4.1 EMEA Welding Consumables Market: Product Segment Analysis
     4.1.1 EMEA Welding Consumables Market Volume Share, By Product Segment, 2013 and 2020
4.2 Stick Electrodes
     4.2.1 EMEA Stick Electrodes Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.3 Solid Wires
     4.3.1 EMEA Solid Wires Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.4 Flux-cored Wires
     4.4.1 EMEA Flux-Cored Wires Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.5 SAW Wires and Fluxes
     4.5.1 EMEA SAW Wires And Fluxes Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.6 Others (Including gases, etc.)
     4.6.1 EMEA Others Welding Consumables Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

Chapter 5 Welding Consumables Market – Application Analysis
5.1 EMEA Welding Consumables Market: Application Analysis
     5.1.1 EMEA Welding Consumables Market Volume Share, By Application, 2013 and 2020
5.2 Automobile and Transportation
     5.2.1 EMEA Automobile And Transportation Market, 2013 – 2020(Kilo Tons) (US$ Mn)
5.3 Building and Construction
     5.3.1 EMEA Building & Construction Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.4 Marine Applications
     5.4.1 EMEA Marine Applications Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.5 Others (Including repair, etc.)
     5.5.1 EMEA Others Applications Market, 2013 – 2020 (Kilo Tons)  (US$ Mn)

Chapter 6 Welding Consumables Market – Regional Analysis
6.1 EMEA Welding Consumables Market: Regional analysis
     6.1.1 EMEA Welding Consumables Market Volume Share, By Region, 2013 and 2020
6.2 Europe
     6.2.1 Europe Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
     6.2.2 Europe Welding Consumables Market Revenue, By Product, 2013 - 2020 (US$ Mn)
     6.2.3 Europe Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
     6.2.4 Europe Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)
6.3 Middle East
     6.3.1 Middle East Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
     6.3.2 Middle East Welding Consumables Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
     6.3.3 Middle East Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
     6.3.4 Middle East Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)
6.4 Africa
     6.4.1 Africa Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
     6.4.2 Africa Welding Consumables Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
     6.4.3 Africa Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
     6.4.4 Africa Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)

Chapter 7 Company Profiles
7.1 African Oxygen Ltd. (AFROX)
     7.1.1 Company Overview
     7.1.2 Product Portfolio
     7.1.3 Financial Overview
     7.1.4 Business Strategies
     7.1.5 Recent Developments
7.2 Air Liquide S.A.
     7.2.1 Company Overview
     7.2.2 Product Portfolio
     7.2.3 Financial Overview
     7.2.4 Business Strategy
7.3 Arcsel LLC
     7.3.1 Company Overview
     7.3.2 Product Portfolio
     7.3.3 Business Strategy
     7.3.4 Recent Developments
7.4 Castolin Eutectic
     7.4.1 Company Overview
     7.4.2 Product Portfolio
     7.4.3 Business Strategy
     7.4.4 Recent Developments
7.5 Corodur Fülldraht GmbH
     7.5.1 Company Overview
     7.5.2 Product Portfolio
     7.5.3 Business Strategy
7.6 ESAB
     7.6.1 Company Overview
     7.6.2 Product Portfolio
     7.6.3 Business Strategy
     7.6.4 Recent Developments
7.7 IASF S.p.A
     7.7.1 Company Overview
     7.7.2 Product Portfolio
     7.7.3 Business Strategy
7.8 Kobe Steel, Ltd.
     7.8.1 Company Overview
     7.8.2 Product Portfolio
     7.8.3 Business Strategy
7.9 Lincoln Electric Company
     7.9.1 Company Overview
     7.9.2 Product Portfolio
     7.9.3 Financial Overview
     7.9.4 Business Strategy
     7.9.5 Recent Developments
7.10 Miller Electric Mfg. Co.
     7.10.1 Company Overview
     7.10.2 Product Portfolio
     7.10.3 Business Strategy
     7.10.4 Recent Developments
7.11 Promax Welding Consumables (PTY) Ltd.
     7.11.1 Company Overview
     7.11.2 Product Portfolio
     7.11.3 Business Strategies
7.12 Tianjin Golden Bridge Welding Materials Group Co., Ltd.
     7.12.1 Company Overview
     7.12.2 Product Portfolio
     7.12.3 Business Strategy
7.13 Vorarc Welding CC.
     7.13.1 Company Overview
     7.13.2 Product Portfolio
     7.13.3 Business Strategy
7.14 Voestalpine AG
     7.14.1 Company Overview
     7.14.2 Product Portfolio
     7.14.3 Financial Overview
     7.14.4 Business Strategy
     7.14.5 Recent Developments
7.15 Welding Alloys Ltd
     7.15.1 Company Overview
     7.15.2 Product Portfolio
     7.15.3 Business Strategy

List of Figures 

FIG. 1 Welding Consumables: Market Segmentation
FIG. 2 EMEA Welding Consumables Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 3 EMEA Welding Consumables Market - Value Chain Analysis
FIG. 4 Global Automotive Production, 2007 − 2013 (Mn Units)
FIG. 5 Global Building & Construction Market Revenue, 2013 – 2020 (US$ Bn)
FIG. 6 Global Oil Rig Counts, 2009 – 2013 (Units)
FIG. 7 EMEA Welding Consumables Market: Porter’s Five Forces Model Analysis
FIG. 8 Welding Consumables Market: Market Attractiveness
FIG. 9 Welding Consumables Market: Company Market Share Analysis
FIG. 10 EMEA Welding Consumables Market Volume Share, By Product Segment, 2013 and 2020
FIG. 11 EMEA Stick Electrodes Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 12 EMEA Solid Wires Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 13 EMEA Flux-Cored Wires Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 14 EMEA SAW Wires And Fluxes Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 15 EMEA Others Welding Consumables Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 16 EMEA Welding Consumables Market Volume Share, By Application, 2013 and 2020
FIG. 17 EMEA Automobile And Transportation Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 18 EMEA Building & Construction Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 19 EMEA Marine Applications Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 20 EMEA Others Applications Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 21 EMEA Welding Consumables Market Volume Share By Region, 2013 and 2020

List of Tables

TABLE 1 EMEA Welding Consumables Market, Snapshot (2013 And 2020)
TABLE 2 EMEA Welding Consumables Market Drivers: Impact Analysis
TABLE 3 EMEA Welding Consumables Market Restraints: Impact Analysis
TABLE 4 Key production plants and capacities of welding consumables in EMEA region
TABLE 5 Europe Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
TABLE 6 Europe Welding Consumables Market Revenue, By Product, 2013 - 2020 (US$ Mn)
TABLE 7 Europe Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
TABLE 8 Europe Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)
TABLE 9 Middle East Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
TABLE 10 Middle East Welding Consumables Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
TABLE 11 Middle East Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
TABLE 12 Middle East Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)
TABLE 13 Africa Welding Consumables Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
TABLE 14 Africa Welding Consumables Market Revenue, By Product Segment, 2013 - 2020 (US$ Mn)
TABLE 15 Africa Welding Consumables Market Volume, By Application, 2013 - 2020 (Kilo Tons)
TABLE 16 Africa Welding Consumables Market Revenue, By Application, 2013 - 2020 (US$ Mn)

The welding industry comprises welding equipment, welding consumables and welding services. Welding consumables account for a significant share of the welding industry compared to welding equipment and welding services. The welding consumables industry has been experiencing a shift from electrodes towards solid wires and flux-cored wires, due to higher production efficiency of the latter. Advantages such as high deposition rates are likely to boost demand for flux-cored wires, especially in Europe.

The research study analyzes, estimates and forecasts the welding consumables market in Europe, Middle East and Africa (EMEA). Estimates and forecasts of the welding consumables market are provided in terms of volume (Kilo Tons) and revenue (US$ Mn). The study segments the welding consumables market based on product type, applications and key regions. Major product types included are stick electrodes, solid wires, magnesium, flux-cored wires, SAW wires & fluxes, and others such as gases. Key application segments included in the welding consumables study are automobile & transportation, building & construction, marine applications and other applications such as repair & maintenance and pipelines. Product and application segments are further provided for Europe, the Middle East and Africa.

Industry analysis in the research study provides a comprehensive understanding of each player in the value chain of the welding consumables market. The study focuses on key driving and restraining factors in the welding consumables market, with impact analysis of each factor. Industry analysis also provides opportunities for the welding consumables market in the near future. The research study analyzes competition in the welding consumables market with the help of Porter’s Five Forces analysis model. Industry analysis also provides production capacities of various manufacturers of welding consumables in EMEA.

The report profiles key companies in the welding consumables market such as ESAB, Lincoln Electric, Voestalpine AG, Illinois Tool Works, Air Liquide, Welding Alloys Ltd, Castolin Eutectic, AFROX, Tianjin Golden Bridge Welding Materials Group Co., Ltd, Vorarc Welding CC, Promax Welding Consumables (PTY) Ltd., Kobe Steel, Ltd., IASF S.p.A., Arcsel LLC and Corodur Fülldraht GmbH. Company profiles include parameters such as company overview, company headquarters, key competitors, product portfolio, key end-users, financial overview, business strategies and recent developments. 

Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities. Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases, and relevant patent, regulatory databases, national government documents, statistical databases and market reports, news articles, press releases and webcasts specific to companies operating in the market. Secondary research sources referred for the study of welding consumables are Welding Design website, Total Materia, company websites, investor presentations and annual reports of companies.

The report segments the welding consumables market in EMEA as:
  • Welding Consumables Market - Product Segment Analysis
    • Stick electrodes
    • Solid wires
    • Flux-cored wires
    • SAW wires and fluxes
    • Others (Including gases, etc.)
  • Welding Consumables Market - Application Analysis
    • Automobile & transportation
    • Building & construction
    • Marine
    • Others (Including repair and maintenance, etc.)
  • Welding Consumables Market - Regional Analysis
    • Europe
    • The Middle East
    • Africa


 
 
Back To Top