U.S. Welding Consumables Market Size, Share, Growth Analysis, By product(Stick Electrodes, Solid Wires, Flux-cored Wires and Saw Wires & Fluxes), By Technology(Arc Welding, Resistance Welding, Oxy-fuel Welding and Laser Beam Welding), By Region - Industry Forecast 2024-2031

U.S. Welding Consumables Market size was valued at USD 2.5 billion in 2022 and is poised to grow from USD 2.6 billion in 2023 to USD 3.59 billion by 2031, at a CAGR of 4.1%  during the forecast period (2024-2031).

Welding consumables are flux and filler metals used in the welding process. Filler metals are melted to form a strong joint between two metals, while flux prevents hot metals from oxidising during this process. Raw materials used in the manufacture of welding consumables usually involve nickel, copper, rutile, ilmenite, and aluminium. These consumables ensure cost-effective welding, protect the molten weld from contaminants in the air, and prevent porosity in the weld pool from forming. As a result, they are widely used in the building, automobile, energy, shipbuilding, and aerospace industries.

Welding contributes to the success of critical industries such as construction, railways and defence. Welding consumables are use in the repair and extension of the life of manufactured products. Consumables such as solid wires, stick electrodes, SAW wires, fluxes, and flux-cored wires are used in the welding industry to ensure a strong bond between two metals. It also protects the molten weld from contaminants in the atmosphere. Manufacturers are utilising advanced welding technologies including hybrid, MIG & TIG, resistance spot, laser beam welding, and others, which are becoming increasingly popular in the US market. Furthermore, rising steel consumption, combined with the resurgence of the automotive, heavy engineering, oil, gas, energy, and shipbuilding industries in the United States, is expected to boost demand for these consumables across the welding sector during the forecast period. Government investments in the manufacturing sector have given manufacturers opportunities to improve their fabrication and welding processes. whereas, rising investments in the steel industry are opening up new opportunities for manufacturers.

U.S. Welding Consumables Market is poised to grow at a sustainable CAGR for the next forecast year.