Product Code: ETC046879 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Welding consumables are materials used for welding processes and include filler metals, fluxes, welding electrodes and rods. They are used to join two or more parts together by creating a strong bond between them. The Saudi Arabia Welding Consumables Market is expected to witness decent growth during the forecast period (2025-2031). This is attributed to surge in construction activities due to rapid urbanization coupled with increasing demand from various end-use industries such as automotive, aerospace & defense and manufacturing sectors. It has been observed that there has been an increase in investments from foreign countries which have further propelled the market growth of welding consumables in the country.
The major factors driving the Saudi Arabia Welding Consumables Market are growing infrastructural development projects across multiple industries including residential buildings, commercial offices and industrial units; rising investments in oil & gas sector; along with increasing focus towards sustainable practices such as recycling & reuse of old products; favorable government policies supporting infrastructure development etc. Additionally, technological advancements in product designs combined with availability of ecofriendly alternatives have also supported market expansion over the years.
The primary challenge faced by this market is environmental pollution caused due to inhalation of hazardous particles emitted during welding process using these consumable materials. Moreover, rise in raw material prices owing to fluctuations in global economy affects overall cost associated with their production resulting into high priced products which reduces affordability levels among customers thereby restraining industry growth prospects.
However, due to COVID -19 outbreak across various regions including Saudi Arabia; it has led to disruption in business operations of key players operating within this sector which have caused long term impact on overall welding consumables market revenue generated by them globally as well as regionally. Further, increased volatility in raw material prices; due to pandemic situation would also hamper short term projections for this industry during 2024-21 analysis period owing to slowdown observed within metal production activities amid low demand scenario created due to coronavirus crisis specifically within automotive manufacturing space worldwide.
Major players operating in Saudi Arabia Welding Consumables Market include: Lincoln Electric Company Inc., Voestalpine AG , Air Liquide S A , Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd., ESAB India Limited , Oerlikon Group (Citinox) , The Linde Group etc.
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 Saudi Arabia Welding Consumables Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Welding Consumables Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Welding Consumables Market - Industry Life Cycle |
3.4 Saudi Arabia Welding Consumables Market - Porter's Five Forces |
3.5 Saudi Arabia Welding Consumables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Welding Consumables Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.7 Saudi Arabia Welding Consumables Market Revenues & Volume Share, By Welding Technique, 2021 & 2031F |
4 Saudi Arabia Welding Consumables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Welding Consumables Market Trends |
6 Saudi Arabia Welding Consumables Market, By Types |
6.1 Saudi Arabia Welding Consumables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Welding Consumables Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Welding Consumables Market Revenues & Volume, By Stick Electrodes, 2021-2031F |
6.1.4 Saudi Arabia Welding Consumables Market Revenues & Volume, By Solid Wires, 2021-2031F |
6.1.5 Saudi Arabia Welding Consumables Market Revenues & Volume, By Flux Cored Wires, 2021-2031F |
6.1.6 Saudi Arabia Welding Consumables Market Revenues & Volume, By SAW Wires & Fluxes, 2021-2031F |
6.2 Saudi Arabia Welding Consumables Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Welding Consumables Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.3 Saudi Arabia Welding Consumables Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 Saudi Arabia Welding Consumables Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Saudi Arabia Welding Consumables Market Revenues & Volume, By Energy, 2021-2031F |
6.2.6 Saudi Arabia Welding Consumables Market Revenues & Volume, By Heavy Machinery, 2021-2031F |
6.2.7 Saudi Arabia Welding Consumables Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.3 Saudi Arabia Welding Consumables Market, By Welding Technique |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Welding Consumables Market Revenues & Volume, By Arc Welding, 2021-2031F |
6.3.3 Saudi Arabia Welding Consumables Market Revenues & Volume, By Resistance Welding, 2021-2031F |
6.3.4 Saudi Arabia Welding Consumables Market Revenues & Volume, By Oxy-fuel Welding, 2021-2031F |
6.3.5 Saudi Arabia Welding Consumables Market Revenues & Volume, By Laser-beam Welding, 2021-2031F |
6.3.6 Saudi Arabia Welding Consumables Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Welding Consumables Market Import-Export Trade Statistics |
7.1 Saudi Arabia Welding Consumables Market Export to Major Countries |
7.2 Saudi Arabia Welding Consumables Market Imports from Major Countries |
8 Saudi Arabia Welding Consumables Market Key Performance Indicators |
9 Saudi Arabia Welding Consumables Market - Opportunity Assessment |
9.1 Saudi Arabia Welding Consumables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Welding Consumables Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.3 Saudi Arabia Welding Consumables Market Opportunity Assessment, By Welding Technique, 2021 & 2031F |
10 Saudi Arabia Welding Consumables Market - Competitive Landscape |
10.1 Saudi Arabia Welding Consumables Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Welding Consumables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |