Product Code: ETC352829 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippine welding products market size reached around US$ 40 million in 2025 owing to increasing adoption of advanced technology coupled with rising necessity for quality repair & maintenance services among commercial establishments located within different parts of the country including Metro Manila country. In addition, expanding base of small scale manufacturers offering their services through online platforms has further augmented industry landscape across this region along with creating lucrative opportunities for product vendors operating therein.
The welding products market in the Philippines is driven by several factors. Strong demand from construction and infrastructure projects, as well as the growing manufacturing sector, has boosted the consumption of welding products such as electrodes, wires, and shielding gases. Technological advancements in welding techniques and equipment have also contributed to market growth. The outlook for the market depends on sustained construction activities, industrial growth, and the adoption of innovative welding solutions.
Similar to the challenges faced by the welding equipment market, competition from cheaper imported products, maintaining high quality standards, and addressing the shortage of skilled welders could be key challenges. Additionally, economic fluctuations and infrastructure development could impact demand for welding products.
The welding products market in the Philippines encompasses a range of materials, equipment, and technologies used in welding processes. The pandemic affected this market through supply chain disruptions, decreased demand from sectors like construction and manufacturing, and limitations on skilled labor availability. Lockdowns and restrictions on movement further impacted business operations and project timelines. The market`s outlook is tied to the recovery of construction and manufacturing activities, as well as the ability to address supply chain challenges and operational constraints.
The welding products market in the Philippines has been shaped by the country`s industrial growth and infrastructure development. The pandemic may have led to disruptions in manufacturing and construction, affecting the demand for welding products. Key players in this market could include suppliers of welding machinery, welding electrodes, and related products such as Ador Welding, Techtronic Industries (TTI), and Victor Technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Welding Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Welding Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Welding Products Market - Industry Life Cycle |
3.4 Philippines Welding Products Market - Porter's Five Forces |
3.5 Philippines Welding Products Market Revenues & Volume Share, By Product Analysis, 2021 & 2031F |
3.6 Philippines Welding Products Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Welding Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Welding Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in the Philippines |
4.2.2 Increasing demand for welding products in the automotive and manufacturing sectors |
4.2.3 Government initiatives to boost the industrial sector and promote local manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from foreign manufacturers |
4.3.3 Lack of skilled labor in the welding industry |
5 Philippines Welding Products Market Trends |
6 Philippines Welding Products Market, By Types |
6.1 Philippines Welding Products Market, By Product Analysis |
6.1.1 Overview and Analysis |
6.1.2 Philippines Welding Products Market Revenues & Volume, By Product Analysis, 2021-2031F |
6.1.3 Philippines Welding Products Market Revenues & Volume, By SAW wires fluxes, 2021-2031F |
6.1.4 Philippines Welding Products Market Revenues & Volume, By Solid wires, 2021-2031F |
6.1.5 Philippines Welding Products Market Revenues & Volume, By Flux-cored wires, 2021-2031F |
6.1.6 Philippines Welding Products Market Revenues & Volume, By Stick electrodes, 2021-2031F |
6.2 Philippines Welding Products Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Welding Products Market Revenues & Volume, By Oxy-fuel welding, 2021-2031F |
6.2.3 Philippines Welding Products Market Revenues & Volume, By Arc welding, 2021-2031F |
6.2.4 Philippines Welding Products Market Revenues & Volume, By Resistant welding, 2021-2031F |
6.2.5 Philippines Welding Products Market Revenues & Volume, By Laser beam welding, 2021-2031F |
6.2.6 Philippines Welding Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Welding Products Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Welding Products Market Revenues & Volume, By Building Construction, 2021-2031F |
6.3.3 Philippines Welding Products Market Revenues & Volume, By Automobiles Transportation, 2021-2031F |
6.3.4 Philippines Welding Products Market Revenues & Volume, By Marine, 2021-2031F |
6.3.5 Philippines Welding Products Market Revenues & Volume, By Offshore, 2021-2031F |
6.3.6 Philippines Welding Products Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Welding Products Market Import-Export Trade Statistics |
7.1 Philippines Welding Products Market Export to Major Countries |
7.2 Philippines Welding Products Market Imports from Major Countries |
8 Philippines Welding Products Market Key Performance Indicators |
8.1 Number of new construction and infrastructure projects initiated |
8.2 Percentage growth in the automotive and manufacturing sectors |
8.3 Government spending on industrial development initiatives |
9 Philippines Welding Products Market - Opportunity Assessment |
9.1 Philippines Welding Products Market Opportunity Assessment, By Product Analysis, 2021 & 2031F |
9.2 Philippines Welding Products Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Welding Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Welding Products Market - Competitive Landscape |
10.1 Philippines Welding Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Welding Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |