Welding Materials Companies

The welding materials market is expected to grow from USD 18.86 billion in 2025 to USD 22.53 billion by 2030, at a CAGR of 3.62% during the forecast period. The expansion of the transportation sector and building activities in emerging countries like China and India have significantly boosted the welding materials market in recent years. Over the next five years, this trend is expected to remain a key market driver.

Welding Materials Companies

The welding materials market is led by major companies like ESAB (US), Air Liquide (France), Air Products and Chemicals, Inc. (US), Illinois Tool Works Inc. (US), Linde plc (Germany), and The Lincoln Electric Company (US). These companies have adopted strategies such as expansions and acquisitions to grow their share in the global welding materials industry. Among these strategies, acquisitions have been the most common, helping them expand their customer base and global presence.

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ESAB (US) is a worldwide leader in fabrication technology and specialty gas solutions, offering advanced equipment, consumables, and digital tools for welding, cutting, and automation. Operating in over 150 countries and managing a portfolio of highly respected brands, ESAB serves a wide range of end markets, including shipbuilding, automotive, construction, oil & gas, power generation, general industry, and infrastructure. After separating from Colfax Corporation in 2022, the company became an independent, publicly traded entity focused solely on fabrication technologies. It has adopted an acquisition strategy to maintain its market position and has also invested in R&D to develop new products.

Air Liquide (France) is among the world’s leading producers and suppliers of industrial gases. It also offers technologies and services to various industries, with a major focus on the industrial and health sectors. The company operates in three segments: Gases and Services, Engineering and Construction, and Global Markets & Technologies. Air Liquide S.A. is a key player in advancing welding and cutting technologies. The company supplies different types of gases needed for welding and provides welding solutions to markets such as shipyards, automotive, transport equipment, infrastructure, boilers, distributors, machinery and equipment, and energy. Expanding its reach has become a central strategy to meet the rising demand from clients across multiple industries.

MARKET RANKING

ESAB (US), Air Liquide (France), Air Products and Chemicals, Inc. (US), Illinois Tool Works Inc. (US), and Linde plc (Germany) are the leading companies in the welding materials market. ESAB offers a wide range of welding materials and has made major acquisitions and partnerships to grow its business. Air Liquide has built a strong market presence by supplying various gases essential for welding. Air Products and Chemicals, Inc. also provides welding gases, comprehensive engineering, procurement, and construction (EPC) services, and system integration capabilities. Illinois Tool Works Inc. holds key patents and operates numerous facilities. Linde plc’s extensive geographic presence helps strengthen its brand and explore new growth opportunities.

Related Reports:

Welding Materials Market by Type (Electrodes & Filler Materials, Fluxes & Wires, Gases), Technology (Arc, Resistance, Oxy-Fuel Welding), End-use Industry (Transportation, Building & Construction, Heavy Industries), and Region - Global Forecast to 2030