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Welding Rods-Global Market Insights and Sales Trends 2025
Synopsis
A welding rod is a metal rod that is used to join two other base metals when performing shielded metal arc welding (SMAW). A welding rod can also be called a welding electrode. A welding rod can be either consumable or non-consumable, meaning it either melts and provides filler metal to the workpiece, or it does not melt and only conducts electric current to the arc.
The global Welding Rods market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Welding Rods in various end use industries. The expanding demands from the Marine Industry, Construction and Bridge Industry, Machinery Manufacturing Industry and Chemical Industry, are propelling Welding Rods market. Stainless Welding Rods, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Constructional Welding Rods segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Welding Rods market, driven by demand from China, the second largest economy with some signs of stabilising, the Welding Rods market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Welding Rods, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Welding Rods market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Welding Rods market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Welding Rods sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Welding Rods covered in this report include Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries and Haynes International, etc.
The global Welding Rods market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik Materials Technology
Lincoln Electric
National Standard
AlcoTec Wire Corporation
Hobart Brothers Performance Welding Products
Jiangsu ZhongJiang Welding Wire Co., Ltd.
Saarstahl
Sumitomo Electric Industries
Haynes International
LaserStar
Luvata
The Harris Products Group
Global Welding Rods market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Welding Rods market, Segment by Type:
Stainless Welding Rods
Constructional Welding Rods
Heat-resistant Welding Rods
Low Temperature Welding Rods
Others
Global Welding Rods market, by Application
Marine Industry
Construction and Bridge Industry
Machinery Manufacturing Industry
Chemical Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Welding Rods manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Welding Rods in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A welding rod is a metal rod that is used to join two other base metals when performing shielded metal arc welding (SMAW). A welding rod can also be called a welding electrode. A welding rod can be either consumable or non-consumable, meaning it either melts and provides filler metal to the workpiece, or it does not melt and only conducts electric current to the arc.
The global Welding Rods market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Welding Rods in various end use industries. The expanding demands from the Marine Industry, Construction and Bridge Industry, Machinery Manufacturing Industry and Chemical Industry, are propelling Welding Rods market. Stainless Welding Rods, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Constructional Welding Rods segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Welding Rods market, driven by demand from China, the second largest economy with some signs of stabilising, the Welding Rods market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Welding Rods, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Welding Rods market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Welding Rods market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Welding Rods sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Welding Rods covered in this report include Sandvik Materials Technology, Lincoln Electric, National Standard, AlcoTec Wire Corporation, Hobart Brothers Performance Welding Products, Jiangsu ZhongJiang Welding Wire Co., Ltd., Saarstahl, Sumitomo Electric Industries and Haynes International, etc.
The global Welding Rods market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sandvik Materials Technology
Lincoln Electric
National Standard
AlcoTec Wire Corporation
Hobart Brothers Performance Welding Products
Jiangsu ZhongJiang Welding Wire Co., Ltd.
Saarstahl
Sumitomo Electric Industries
Haynes International
LaserStar
Luvata
The Harris Products Group
Global Welding Rods market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Welding Rods market, Segment by Type:
Stainless Welding Rods
Constructional Welding Rods
Heat-resistant Welding Rods
Low Temperature Welding Rods
Others
Global Welding Rods market, by Application
Marine Industry
Construction and Bridge Industry
Machinery Manufacturing Industry
Chemical Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Welding Rods manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Welding Rods in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Welding Rods Market Overview
1.1 Welding Rods Product Overview
1.2 Welding Rods Market Segment by Type
1.2.1 Stainless Welding Rods
1.2.2 Constructional Welding Rods
1.2.3 Heat-resistant Welding Rods
1.2.4 Low Temperature Welding Rods
1.2.5 Others
1.3 Global Welding Rods Market Size by Type
1.3.1 Global Welding Rods Market Size Overview by Type (2018-2029)
1.3.2 Global Welding Rods Historic Market Size Review by Type (2018-2023)
1.3.3 Global Welding Rods Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Welding Rods Sales Breakdown by Type (2018-2023)
1.4.2 Europe Welding Rods Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Welding Rods Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Welding Rods Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Welding Rods Sales Breakdown by Type (2018-2023)
2 Global Welding Rods Market Competition by Company
2.1 Global Top Players by Welding Rods Sales (2018-2023)
2.2 Global Top Players by Welding Rods Revenue (2018-2023)
2.3 Global Top Players by Welding Rods Price (2018-2023)
2.4 Global Top Manufacturers Welding Rods Manufacturing Base Distribution, Sales Area, Product Type
2.5 Welding Rods Market Competitive Situation and Trends
2.5.1 Welding Rods Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Welding Rods Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Welding Rods as of 2022)
2.7 Date of Key Manufacturers Enter into Welding Rods Market
2.8 Key Manufacturers Welding Rods Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Welding Rods Status and Outlook by Region
3.1 Global Welding Rods Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Welding Rods Historic Market Size by Region
3.2.1 Global Welding Rods Sales in Volume by Region (2018-2023)
3.2.2 Global Welding Rods Sales in Value by Region (2018-2023)
3.2.3 Global Welding Rods Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Welding Rods Forecasted Market Size by Region
3.3.1 Global Welding Rods Sales in Volume by Region (2024-2029)
3.3.2 Global Welding Rods Sales in Value by Region (2024-2029)
3.3.3 Global Welding Rods Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Welding Rods by Application
4.1 Welding Rods Market Segment by Application
4.1.1 Marine Industry
4.1.2 Construction and Bridge Industry
4.1.3 Machinery Manufacturing Industry
4.1.4 Chemical Industry
4.1.5 Others
4.2 Global Welding Rods Market Size by Application
4.2.1 Global Welding Rods Market Size Overview by Application (2018-2029)
4.2.2 Global Welding Rods Historic Market Size Review by Application (2018-2023)
4.2.3 Global Welding Rods Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Welding Rods Sales Breakdown by Application (2018-2023)
4.3.2 Europe Welding Rods Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Welding Rods Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Welding Rods Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Welding Rods Sales Breakdown by Application (2018-2023)
5 North America Welding Rods by Country
5.1 North America Welding Rods Historic Market Size by Country
5.1.1 North America Welding Rods Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Welding Rods Sales in Volume by Country (2018-2023)
5.1.3 North America Welding Rods Sales in Value by Country (2018-2023)
5.2 North America Welding Rods Forecasted Market Size by Country
5.2.1 North America Welding Rods Sales in Volume by Country (2024-2029)
5.2.2 North America Welding Rods Sales in Value by Country (2024-2029)
6 Europe Welding Rods by Country
6.1 Europe Welding Rods Historic Market Size by Country
6.1.1 Europe Welding Rods Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Welding Rods Sales in Volume by Country (2018-2023)
6.1.3 Europe Welding Rods Sales in Value by Country (2018-2023)
6.2 Europe Welding Rods Forecasted Market Size by Country
6.2.1 Europe Welding Rods Sales in Volume by Country (2024-2029)
6.2.2 Europe Welding Rods Sales in Value by Country (2024-2029)
7 Asia-Pacific Welding Rods by Region
7.1 Asia-Pacific Welding Rods Historic Market Size by Region
7.1.1 Asia-Pacific Welding Rods Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Welding Rods Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Welding Rods Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Welding Rods Forecasted Market Size by Region
7.2.1 Asia-Pacific Welding Rods Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Welding Rods Sales in Value by Region (2024-2029)
8 Latin America Welding Rods by Country
8.1 Latin America Welding Rods Historic Market Size by Country
8.1.1 Latin America Welding Rods Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Welding Rods Sales in Volume by Country (2018-2023)
8.1.3 Latin America Welding Rods Sales in Value by Country (2018-2023)
8.2 Latin America Welding Rods Forecasted Market Size by Country
8.2.1 Latin America Welding Rods Sales in Volume by Country (2024-2029)
8.2.2 Latin America Welding Rods Sales in Value by Country (2024-2029)
9 Middle East and Africa Welding Rods by Country
9.1 Middle East and Africa Welding Rods Historic Market Size by Country
9.1.1 Middle East and Africa Welding Rods Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Welding Rods Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Welding Rods Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Welding Rods Forecasted Market Size by Country
9.2.1 Middle East and Africa Welding Rods Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Welding Rods Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sandvik Materials Technology
10.1.1 Sandvik Materials Technology Company Information
10.1.2 Sandvik Materials Technology Introduction and Business Overview
10.1.3 Sandvik Materials Technology Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sandvik Materials Technology Welding Rods Products Offered
10.1.5 Sandvik Materials Technology Recent Development
10.2 Lincoln Electric
10.2.1 Lincoln Electric Company Information
10.2.2 Lincoln Electric Introduction and Business Overview
10.2.3 Lincoln Electric Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Lincoln Electric Welding Rods Products Offered
10.2.5 Lincoln Electric Recent Development
10.3 National Standard
10.3.1 National Standard Company Information
10.3.2 National Standard Introduction and Business Overview
10.3.3 National Standard Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.3.4 National Standard Welding Rods Products Offered
10.3.5 National Standard Recent Development
10.4 AlcoTec Wire Corporation
10.4.1 AlcoTec Wire Corporation Company Information
10.4.2 AlcoTec Wire Corporation Introduction and Business Overview
10.4.3 AlcoTec Wire Corporation Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.4.4 AlcoTec Wire Corporation Welding Rods Products Offered
10.4.5 AlcoTec Wire Corporation Recent Development
10.5 Hobart Brothers Performance Welding Products
10.5.1 Hobart Brothers Performance Welding Products Company Information
10.5.2 Hobart Brothers Performance Welding Products Introduction and Business Overview
10.5.3 Hobart Brothers Performance Welding Products Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hobart Brothers Performance Welding Products Welding Rods Products Offered
10.5.5 Hobart Brothers Performance Welding Products Recent Development
10.6 Jiangsu ZhongJiang Welding Wire Co., Ltd.
10.6.1 Jiangsu ZhongJiang Welding Wire Co., Ltd. Company Information
10.6.2 Jiangsu ZhongJiang Welding Wire Co., Ltd. Introduction and Business Overview
10.6.3 Jiangsu ZhongJiang Welding Wire Co., Ltd. Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Jiangsu ZhongJiang Welding Wire Co., Ltd. Welding Rods Products Offered
10.6.5 Jiangsu ZhongJiang Welding Wire Co., Ltd. Recent Development
10.7 Saarstahl
10.7.1 Saarstahl Company Information
10.7.2 Saarstahl Introduction and Business Overview
10.7.3 Saarstahl Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Saarstahl Welding Rods Products Offered
10.7.5 Saarstahl Recent Development
10.8 Sumitomo Electric Industries
10.8.1 Sumitomo Electric Industries Company Information
10.8.2 Sumitomo Electric Industries Introduction and Business Overview
10.8.3 Sumitomo Electric Industries Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sumitomo Electric Industries Welding Rods Products Offered
10.8.5 Sumitomo Electric Industries Recent Development
10.9 Haynes International
10.9.1 Haynes International Company Information
10.9.2 Haynes International Introduction and Business Overview
10.9.3 Haynes International Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Haynes International Welding Rods Products Offered
10.9.5 Haynes International Recent Development
10.10 LaserStar
10.10.1 LaserStar Company Information
10.10.2 LaserStar Introduction and Business Overview
10.10.3 LaserStar Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.10.4 LaserStar Welding Rods Products Offered
10.10.5 LaserStar Recent Development
10.11 Luvata
10.11.1 Luvata Company Information
10.11.2 Luvata Introduction and Business Overview
10.11.3 Luvata Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Luvata Welding Rods Products Offered
10.11.5 Luvata Recent Development
10.12 The Harris Products Group
10.12.1 The Harris Products Group Company Information
10.12.2 The Harris Products Group Introduction and Business Overview
10.12.3 The Harris Products Group Welding Rods Sales, Revenue and Gross Margin (2018-2023)
10.12.4 The Harris Products Group Welding Rods Products Offered
10.12.5 The Harris Products Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Welding Rods Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Welding Rods Industrial Chain Analysis
11.4 Welding Rods Market Dynamics
11.4.1 Welding Rods Industry Trends
11.4.2 Welding Rods Market Drivers
11.4.3 Welding Rods Market Challenges
11.4.4 Welding Rods Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Welding Rods Distributors
12.3 Welding Rods Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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