"Catapult Your Business to Fore, Gain Competitive Advantage "

U.S. Welding Consumables Market Size, Share & COVID-19 Impact Analysis, By Type (Stick Electrodes, Solid Wires, Flux-cored Wires, SAW Wires & Fluxes), By Application (Heavy Engineering, Automotive and Transportation, Railways, Construction, Shipbuilding, and Others), and Forecast, 2022-2029

Last Updated: April 29, 2024 | Format: PDF | Report ID: FBI105150



Play Audio Listen to Audio Version

The U.S. welding consumables market size was valued at USD 2.43 billion in 2021. The market is projected to grow from USD 2.50 billion in 2022 to USD 3.31 billion by 2029, exhibiting a CAGR of 4.1% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with welding consumables experiencing lower-than-anticipated demand across the country compared to pre-pandemic levels. Based on our analysis, the U.S. market had exhibited a decline of -1.5% in 2020 as compared to 2019.   

Welding contributes to the success of key industries including the construction sector, railways, and defense. Welding consumables play a vital role in the repair and life extension of manufactured products. In the welding industry, the utilization of consumables, such as solid wires, stick electrodes, SAW wires, fluxes, and flux-cored wires ensures a strong bond between two metals. It also shields the molten weld from atmospheric contaminants.

Manufacturers are utilizing advanced welding technologies such as hybrid, MIG & TIG, resistance spot, laser beam welding, and others that have become a growing trend in the U.S. market. Additionally, the rising consumption of steel, coupled with the resurgence of automotive industry, heavy engineering, oil, gas, energy, and shipbuilding industries in the U.S. is expected to bolster the demand for these consumables across the welding sector in the forecast period. Also, government investments in the manufacturing sector have provided opportunities for manufacturers to boost their fabrication and welding processes. Moreover, rising investments across the steel industry are also providing various growth opportunities to manufacturers.


COVID-19 Pandemic to Impact Market Adversely Attribute to Halt of Manufacturing Processes

The COVID-19 pandemic has had an unprecedented impact on the U.S. economy since the first case was reported in January 2020. In June 2020, the World Economic Forum (WEF) stated that the U.S. has seen the sharpest decline across the manufacturing sector and the overall industrial production as a result of supply chain disruptions and the fear of recession across financial markets. It has, therefore, negatively impacted the welding industry across the country and decreased the demand for consumables across end-use industries. Additionally, as per the U.S. steel industry, U.S. steel production fell by 12.7% year-over-year at the end of March 2020.

To overcome the COVID-19 crisis, key players such as Illinois Tool Works Inc., the Lincoln Electric Company, and others are working with government organizations to create awareness among workers about their safety and a working culture that the pandemic has forced them to adopt. Therefore, on a long-term basis, manufacturers’ safety measures, coupled with technology-centric opportunities, are expected to bolster U.S. welding consumables market growth.


Request a Free sample to learn more about this report.

The emergence of Metal Joining Technologies in the Auto Industry to Take the Market by Storm

Automotive vendors across the U.S. are reducing the weight of their vehicles by substituting metal parts with fabric materials to reduce fuel consumption, emissions, and minimize sound pollution, thus supporting in-line production processes. Additionally, the market participants are utilizing advanced welding technologies, such as laser beam, resistance spot, MIG & TIG, friction, and oxyfuel welding while adopting welding consumables that are specifically suitable with these technologies. For instance, the Lincoln Electric Company is offering aluminum MIG wires and stainless steel metal-cored wires to auto manufacturers that are specifically designed for automotive exhaust systems, including catalytic converters, body panels, truck panels, and others. Therefore, the above-mentioned welding techniques are bolstering future market growth.


Accelerated Demand for Welding Consumables across Industry Verticals to Propel Market Growth

The utilization of SAW and fluxes, stick electrodes, solid wires, and others across aerospace, railway, construction, shipbuilding, and defense industries are growing exponentially. This is because these products are often coated with copper to prevent oxidation and corrosion even when welding materials and alloys with high thickness. The construction & infrastructure and railways industries, in particular, are growing at a rapid pace, owing to the increasing urbanization. For instance, AGC, the leading construction association in the U.S., stated that the construction industry across the U.S. is creating nearly USD 1.3 trillion worth of structures every year.

Additionally, in the railway industry, federal investments across California and other parts have been totaled to billions of dollars owing to procurement policies for programs such as the implementation of the Next-Generation Corridor and the high-speed intercity passenger rail initiatives. The growth of these key industries is foreseen to eventually boost the need for consumables across diverse industry verticals.


Expensive Nature of Metal Fabrication Operations to Impede Market Growth

For the past couple of years, the metal fabrication industry across North American countries is facing adverse effects, thereby limiting the manufacturing of highly complex geometric shapes, as compared to plastic fabrication. Additionally, concerning the adverse COVID-19 impact across the steel industry, the U.S. market is currently witnessing a difficult situation between producers and consumers, with the lowering of prices that will cumulatively hamper the market.


By Type Analysis

To know how our report can help streamline your business, Speak to Analyst

Excellent Corrosion Resistance Ability to Portray Highest CAGR for SAW Wires & Fluxes Segment

By type, the market segments include stick electrodes, SAW wires and fluxes, solid wires, and flux-cored wires.

Among these, the SAW wires and fluxes segment is expected to capture the highest CAGR in the forecast period, attributable to its beneficial properties, such as the ability to withstand high temperatures and excellent corrosion resistance. These properties are highly coveted in the shipbuilding and heavy engineering industries.

The solid wires segment is appraised to have the foremost portion in the market owing to the utilization of solid wires in MIG applications across numerous industries. Additionally, they are mostly preferred to join non-metallic and dissimilar materials. They would thus aid electrical conductivity and increase the life of welded products.

The stick electrodes and flux-cored wires segments are anticipated to witness steady growth owing to their utilization across every industry for basic welding operations.

By Application Analysis

Increasing Demand for Reliable Welded Equipment to Depict Highest CAGR for Railways Segment

Based on application, the market is categorized into heavy engineering, automotive and transportation, railways, construction, shipbuilding, and others.  

The railway’s segment is anticipated to grow at the highest rate in the forecast period. This can be attributed to the utilization of welding wires and other consumables that are continuously developing welding programs to maintain the international coverage options across the U.S. in terms of rail infrastructure. Additionally, industry-leading welding technologies are primarily utilized in the manufacturing of reliable railway welded equipment.

On the other hand, the construction, heavy engineering, and automotive & transportation segments are expected to capture considerable market share owing to the rising infrastructural activities across the U.S. that are further resulting in the high demand for welding consumables as steel is the primary material that is being utilized.


This market is anticipated to showcase substantial growth in the forecast period. The growth is attributed to the rising government incentives, the expansion of construction and railways, and the high consumption of steel for various applications. Additionally, OEMs are utilizing technologies, such as resistance, oxy-fuel, ultrasonic and stir welding techniques, and the Internet of Things (IoT) across industries that are complementing the welding consumables market growth.

Moreover, governmental organizations are introducing newer industrial policies and investment plans to respond to the opportunities associated with new industrial revolutions, including cross-border and foreign direct investment (FDI). This, in turn, would provide multiple opportunities to welding consumable manufacturers in the near future.


Key Players Focusing on Training Welding Technicians to Establish Strong Country-level Presence

Key participants across the U.S. are aligning with several associations to train welders with advanced technologies, such as resistance spot welding, hybrid welding technologies, and others. For instance, the Lincoln Electric Company, one of the key manufacturers in the U.S., is providing training to welders to facilitate the up-skilling of existing welders. The American Welding Society (AWS) and Resistance Welding Manufacturing Alliance (RWMA) authoritatively co-developed ‘Certified Resistance Welding Technician (CRWT) credential’ in 2020 for welders, technicians, and skill tradesmen to differ them from the untested welders. This certification is revolutionizing the U.S. welding industry.

Illinois Tool Works Inc. Predominantly Emphasizing Workers’ Safety to Expand Product Offerings

Illinois Tool Works Inc. is emphasizing providing a safe working environment to its workers that are operational in the welding division. For instance, in 2019, the company’s proactive strategy in improving safety measures at its facilities has resulted in a 15% reduction in the lost time due to accidents.

Following this strategy, the company has also redesigned its production process by adjusting shift schedules, arranging web-based safety training programs, implementing aggressive workplace sanitation practices, managing production stability, and controlling import and export business.


  • Illinois Tool Works Inc. (Illinois, U.S.)

  • Kiswel Inc. (Florence, U.S.)

  • The Lincoln Electric Company (Ohio, U.S)

  • Selectrode Industries, Inc. (New York, U.S.)

  • Colfax Corporation (Delaware, U.S.)

  • voestalpine Böhler Welding Group GmbH (Kapfenberg, Austria)

  • Kobe Steel, Ltd. (Hyogo, Japan)

  • Fronius International GmbH (Wels, Austria)

  • Linde plc (Guildford, U.K.)

  • Welding Alloys (Hertfordshire, U.K.)


  • January 2021: Welding Alloys Group, in collaboration with Intellegens Limited, focused on machine learning to engineer face hard-face welding consumables for the former.

  • June 2020: As a part of the ‘Excalibur SMAW (stick) electrode series’, the Lincoln Electric Company introduced ‘Excalibur® 7018 XMR’, a low-hydrogen stick electrode that is utilized for all-purpose fabrication across industries including, shipbuilding, structural, chemical processing and pipeline.


An Infographic Representation of U.S. Welding Consumables Market

To get information on various segments, share your queries with us

The U.S. welding consumables market research report provides a detailed analysis of the market and focuses on key aspects, such as leading companies, product/service types, and leading applications of the product. Besides, it offers insights into the current market trends and highlights key industry developments. In addition to the aforementioned key factors, the report encompasses several factors that have contributed to the growth of the market over recent years.

Report Scope and Segmentation



Study Period

2018 – 2029

Base Year


Estimated Year


Forecast Period

2022 – 2029

Historical Period

2018 – 2020


Value (USD billion)


Type and Application

By Type

  • Stick Electrodes

  • Solid Wires

  • Flux-cored Wires

  • SAW Wires & Fluxes

By Application

  • Heavy Engineering

  • Automotive and Transportation

  • Railways

  • Construction

  • Shipbuilding

  • Others (Oil & Energy, Aerospace & Defense)

Frequently Asked Questions

Fortune Business Insights says that the market stood at USD 2.43 billion in 2021

Fortune Business Insights says that the market will reach USD 3.31 billion in 2029

Growing at a CAGR of 4.1%, the market will exhibit strong growth during the forecast period.

Augmented demand across Industry verticals is expected to drive the market.

Illinois Tool Works Inc., Kobe Steel, Ltd., The Lincoln Electric Company, and Colfax Corporation are the top companies in the market.

The SAW wires & fluxes segment is expected to hold the highest CAGR in the market.

The railway segment is expected to hold the highest CAGR in the market.

The utilization of emerging technologies in joining the automotive metal parts is a growing market trend.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2018-2029
  • 2021
  • 2018-2020
  • 120

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.