Overview of the Welding Equipment & Consumables Market: 2023 - 2033

The global Welding Consumables Market, valued at US $18.02 billion in 2023, is projected to grow at a 6% CAGR from 2023 to 2033, while the global Welding Equipment Market, valued at US $14 billion, is expected to grow at a 7% CAGR over the same period. By welding type, arc welding is anticipated to dominate the market throughout the forecast period. For consumables, the stick electrodes segment is expected to occupy the highest market share, while wires are the fastest-growing category. In addition, the construction segment is likely to hold the highest market share during the forecast period driven by rapid infrastructural development and technological advancements within the sector.

Insights

Catalysts for Global Growth

By investing in three key catalysts, manufacturers can open doors to new markets, win larger contracts, and build international brand recognition.

Strengthening the welding industry through diversity

CWB Podcast Forum Highlights - Part 2

A world of opportunity in welding

CWB Podcast Forum Highlights – Part 1

Reports

Welding Post-secondary Education and Apprenticeship Snapshot

A new report from the CWB Group – Executive Summary

CWB Industry Report 2024

The CWB Group Industry Report 2024 provides insights into the latest employment and demographic trends within the industry.