Middle East & Africa Welding Equipment & Consumables Market Outlook, 2028

The population in the Middle East and Africa is growing, and this is driving demand for housing, transportation, and other infrastructure, all of which require welding and consumables. The region is expected to increase significantly as a result of the rising demand for automobiles and the availability of raw resources in the region's automobile and transportation sectors. The government of Saudi Arabia has launched a project named Vision 2030, under which various international investors are expected to invest in several sectors, including construction, IT, logistics, tourism, and many more. This results in the market growth of welding consumables in the region, which is ultimately influencing the regional growth of the market. The increasing market growth is attributed to increased government spending on infrastructure projects across countries. In addition, the growing oil and gas industry coupled with rising investments by companies for expanding their business operations are likely to support market growth during the forecast period. The Middle East and Africa are home to some of the world's largest oil and gas reserves. The oil and gas industry requires welding and consumables for drilling, refining, and transportation of oil and gas.

According to the research report, Middle East and Africa Welding Equipment and Consumables Market Outlook, 2028 the market is projected to reach over USD 2 billion by 2028. The growth in construction activities is a key factor boosting the demand for welding consumables. Industrialization and urbanisation in the Middle East and Africa region are expected to drive the welding consumables market in the coming years. The automobile industry is expanding rapidly in Europe and the Middle East, and because this is one of the key application areas for welding consumables, the market for the same will expand significantly. The advancement of advanced welding technologies and their widespread adoption in European countries will drive the growth of the welding consumables market. However, the slow adoption of advanced welding technologies in Africa's underdeveloped nations will pose a challenge to the market's growth.

There is a growing trend towards the adoption of advanced welding technologies in the Middle East and Africa. Companies are increasingly using automation, robotics, and artificial intelligence (AI) to improve productivity and reduce costs. The use of lightweight materials such as aluminium and titanium is becoming increasingly popular in the aerospace and automotive industries. This trend is driving the demand for welding and consumables that can be used on these materials. With the rising cost of energy and concerns about the environment, there is a growing focus on energy efficiency in the Middle East and Africa. Companies are investing in welding and consumables that can help reduce energy consumption and improve efficiency. There is a trend towards increasing local manufacturing in the Middle East and Africa, which is driving the demand for welding and consumables. This is particularly true in countries such as Saudi Arabia and the United Arab Emirates, where the government is investing heavily in developing local manufacturing capabilities.

According to the report, Saudi Arabia will lead the market in 2022. The welding and consumables market in Saudi Arabia is experiencing rapid growth, driven by the country's focus on developing its manufacturing sector and investing in infrastructure projects. Saudi Arabia is focusing on localising its manufacturing capabilities to reduce its reliance on imports and create jobs for its citizens. The government is investing heavily in developing local manufacturing capabilities, which is driving the demand for welding and consumables in the country. Also, there is a strong emphasis on quality and safety in the welding and consumable markets in Saudi Arabia. Companies are investing in training and certification programmes to ensure compliance with international standards and improve the skills of their workers. In July 2022, Saudi Arabia announced plans to raise US$132.82 billion in capital to strengthen the NEOM megaproject. In line with its Saudi Vision 2030, Saudi Arabia hopes to achieve exceptional liability, support thriving businesses, and reinvent conservation through the NEOM project. As a result, such investment opportunities for developing infrastructure capabilities in the Middle East and Africa are expected to drive demand for seam welding machines in the coming years. Furthermore, rising demand for passenger cars, commercial vehicles, and electric vehicles is propelling the region's automotive industry.

Based on the report, the market is segmented into electrodes and filler metal equipment, oxy-fuel gas equipment, and other equipment. Among them, the electrodes and filler metal equipment segment is expected to have the largest share of the market. Electrodes and filler metals are widely used in various welding processes, such as shielded metal arc welding (SMAW), gas tungsten arc welding (GTAW), and gas metal arc welding (GMAW). The growing demand for infrastructure development, construction, and manufacturing industries in the region is expected to drive the demand for electrodes and filler metals. However, the Oxy-fuel Gas Equipment segment includes equipment used in oxy-fuel gas welding, such as torches, regulators, and gas cylinders. Oxy-fuel welding is a popular method in the Middle East and Africa for welding and cutting applications in industries such as construction, automotive, and manufacturing. Other categories include equipment such as plasma cutters, laser welding machines, and resistance welding machines. The demand for this equipment is expected to increase due to the growing demand for automation and technological advancements in welding processes.

Further, there are many government regulations for welding equipment and consumables in the Middle East and Africa. Governments in the Middle East and Africa have recognised the importance of regulating the quality and safety of welding equipment and consumables. These regulations are put in place to protect consumers and ensure that welding equipment and consumables used in various industries meet the required standards. For instance, the Saudi Arabian Standards Organisation (SASO) regulates the quality and safety of welding equipment and consumables in the country. SASO has set mandatory standards for welding equipment and consumables, which must be met by manufacturers and importers. In the UAE, the Emirates Authority for Standardisation and Metrology (ESMA) is responsible for setting mandatory standards for welding equipment and consumables. ESMA has established specific standards for welding equipment and consumables, including welding machines, electrodes, and wires. On the other hand, the South African Bureau of Standards (SABS) sets standards for welding equipment and consumables in the country. SABS has established mandatory standards for welding equipment and consumables, including requirements for safety, quality, and performance.

Companies Mentioned in this Report:

Illinois Tool Worker Inc, Kobe Steel, ltd., Air Liquide, Linde Plc, Messer GMBH, Voestalpine Bohler Welding Group GmbH, Hyundai Welding Co., Ltd., Air Products and Chemicals, Inc., Fronius International GmbH, Kemppi Oy., Obera Group Inc., Amada Weld Tech, Swagelok Company, Carl clood Welding Technology Gmbh, Panasonic Corporation, Tianjin Bridge Welding Materials Group Co., Ltd, ESAB Corporation.

Considered in this report

• Geography: Middle East & Africa
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Middle East & Africa Welding Equipment & Consumables market with its value and forecast along with its segments
• Country-wise Welding Equipment & Consumables market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:

• UAE
• Saudi Arabia
• South Africa

By Equipment type:

• Electrodes & Filler Metal Equipment
• Oxy-fuel Gas Equipment
• Other Equipment

By Consumable Type:

• Stick electrodes
• Solid wires
• Flux-cored wires
• SAW wires and Fluxes
• Others (gases, rods, etc.)

By Technology Type:

• Arc Welding
• Oxy-fuel Welding
• Others (Resistance welding, Laser beam welding, plasma arc welding, electron beam welding, Atomic Hydrogen Welding, Forge Welding, Thermite Welding, Submerged Arc Welding (SAW), Flux-cored arc welding (FCAW))

By End-User:

• Automotive
• Fabrication
• Building & Construction
• Marine
• Power
• Oil & Gas
• Others (Maintenance & Repair, Offshore, Pipe Mill, Pipeline, Aerospace, etc.)

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Welding Equipment & Consumables industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.