South America Welding Equipment & Consumables Market Outlook, 2028

The welding and consumables market in South America is a significant industry that comprises various products and services related to welding. This market includes welding consumables such as electrodes, wires, fluxes, and gases, as well as welding equipment such as power sources, torches, and accessories. The market in South America is driven by various factors, including the increasing demand for welding and consumables in the region's automotive, construction, and infrastructure industries. The infrastructure sector is expected to be the fastest-growing end-use industry for welding and consumables in South America, owing to the region's focus on developing its infrastructure. The COVID-19 pandemic has had a significant impact on the welding and consumables market in South America, with the temporary shutdown of manufacturing plants and disruptions in the supply chain affecting market growth. However, the growing trend towards sustainable development is driving the demand for eco-friendly welding consumables in South America, which is expected to create new opportunities for market players in the region. The adoption of advanced welding technologies, such as laser welding and automation, is expected to increase in South America, driven by the need for improved efficiency, quality, and productivity. The availability of raw materials, such as steel and aluminium, is a key factor influencing the growth of the welding and consumables market in South America. The region has significant reserves of these materials, which are used in various welding applications.

According to the research report, South America Welding Equipments & Consumables Market Outlook, 2028 the market is projected to add USD 353.60 million in size from 2023 to 2028. South America is experiencing rapid industrialization, particularly in countries like Brazil and Argentina. As a result, there is an increasing demand for welding and consumables in various industries, such as automotive, construction, and infrastructure. The welding industry is constantly evolving, with new technologies and equipment being developed to improve efficiency, productivity, and quality. The adoption of these advanced technologies is increasing in South America, driving demand for welding and consumables. Also, the region is investing heavily in infrastructure development to support economic growth and improve the quality of life for its citizens. This includes the construction of roads, bridges, buildings, and other infrastructure projects, which require welding and consumables. In addition to that, South America has significant reserves of raw materials such as steel and aluminium, which are used in various welding applications. The availability of these materials is a key factor influencing the growth of the welding and consumables market in the region. The repair and maintenance of existing infrastructure and equipment is an on-going requirement in South America, which drives the demand for welding services and consumables.

The welding equipment and consumables market in South America can be segmented into various categories, including electrodes and filler metal equipment, oxy-fuel gas equipment, and other equipment. Electrodes and filler metal equipment includes consumables such as welding electrodes, wires, and filler metals, which are used in various welding processes. The demand for electrodes and filler metal equipment in South America is highly driven by the growing construction, automotive, and infrastructure industries. On the other hand, oxy-fuel gas equipment includes welding and cutting equipment that uses a mixture of oxygen and fuel gas, such as acetylene, to create a flame for welding and cutting operations. This equipment is commonly used in metal fabrication, shipbuilding and repair, and other heavy industries. Other equipment includes various welding equipment and accessories such as power sources, torches, and welding helmets. The demand for other welding equipment in South America is driven by the adoption of advanced technologies and the need for improved efficiency, quality, and safety in the welding process. South America is likely to grow at a modest rate due to the adoption of modern welding technologies, the government's concentration on infrastructure development, and the expansion of large manufacturers' production facilities across the area to serve the unattended market.

According to the report, the market is segmented into three major countries, including Brazil, Argentina, and Colombia. Among them, Brazil is leading the market with over 40% market share. Brazil's welding and consumables market is poised for strong growth in the coming years, driven by the growing demand from various industries and the increasing adoption of advanced welding technologies. Brazil has been investing heavily in infrastructure development, such as the construction of highways, ports, airports, and energy infrastructure. The growth of infrastructure development is driving the demand for welding equipment and consumables for construction and maintenance projects. Also, the Brazilian government has been implementing policies to promote the growth of various industries, including the welding industry. These policies include tax incentives, subsidies, and investment in research and development, which is driving the growth of the welding and consumables market.

The South American welding and consumables market can be segmented based on the types of consumables used in welding. Stick electrodes are one of the most commonly used welding consumables in South America. They are used in shielded metal arc welding (SMAW) or stick welding, which is widely used in construction, pipelines, and repair and maintenance applications. However, solid wires are used in gas metal arc welding (GMAW) or MIG welding, which is widely used in the automotive and manufacturing industries for metal fabrication. Flux-cored wires are used in flux-cored arc welding (FCAW) and are commonly used in shipbuilding, construction, and repair and maintenance applications. The segment is expected to grow at a higher CAGR by 2028. The automotive industry is a significant end-use segment for welding and consumables in South America. The growing demand for vehicles in the region is driving the demand for welding and consumables for manufacturing and repair purposes.

The construction industry in South America is also a major consumer of welding and consumables, primarily for the construction of buildings, bridges, and other infrastructure projects. The oil and gas industry is another important end-use segment for welding and consumables in South America. The industry requires welding for the construction, maintenance, and repair of oil rigs, pipelines, and other equipment. The demand for welding and consumables in South America is also driven by the repair and maintenance of existing infrastructure and equipment, which requires welding services and consumables. The market for welding and consumables in South America is highly fragmented, with several small and medium-sized players operating in the region. However, there are also several multinational companies that have a significant presence in the market. The adoption of advanced welding technologies, such as laser welding and automation, is expected to increase in South America, driven by the need for improved efficiency, quality, and productivity.

There are many companies that demonstrate the growing demand for welding equipment and consumables in South America, as well as the commitment of leading manufacturers to expand their operations in the region and offer new products and solutions to meet the needs of customers. For instance, Lincoln Electric, a leading manufacturer of welding equipment and consumables, opened a new manufacturing facility in Brazil in 2021. The new facility will produce welding consumables, including stick electrodes, flux-cored wires, and metal-cored wires, to meet the growing demand in the South American market. ESAB, a global manufacturer of welding equipment and consumables, launched a new range of welding consumables specifically designed for the South American market in 2020. The new range includes stick electrodes, solid wires, and flux-cored wires, which offer high productivity and quality for various welding applications. Further, Air Liquide, a leading provider of gases and welding equipment, acquired the Brazilian company TMC, a manufacturer and supplier of welding and cutting equipment, in 2019. The acquisition will enable Air Liquide to expand its product offerings in the South American market and strengthen its presence in the welding and consumables markets. Also, Welding Alloys Group, a global manufacturer of welding consumables, expanded its operations in Brazil in 2020 by opening a new welding consumables production plant. The new plant will produce a range of welding consumables, including flux-cored wires and metal-cored wires, to meet the growing demand in Brazil and other South American markets.

Welding equipment and consumables trade shows in South America:

• The Welding Show is one of the largest trade shows for welding equipment and consumables in South America. It is held annually in So Paulo, Brazil, and features exhibitors from various countries showcasing the latest welding equipment, consumables, and technologies.
• ExpoFerretera is a biennial trade show for the hardware and construction industries held in Buenos Aires, Argentina. The show features exhibitors from various sectors, including welding equipment and consumables, and attracts visitors from Argentina and other South American countries.
• FIMAQH is a biennial trade show for the machine tool, capital goods, and services industries held in Buenos Aires, Argentina. The show features exhibitors from various sectors, including welding equipment and consumables, and attracts visitors from Argentina and other South American countries.
• EMAF is an annual trade show for the metalworking industry held in Porto, Portugal, but it also attracts exhibitors and visitors from South America. The show features exhibitors from various sectors, including welding equipment and consumables, and provides a platform for networking, knowledge exchange, and business opportunities.

Companies Mentioned in this Report:

Lincoln Electric Holdings Inc, 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: South America
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• South America 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:

• Brazil
• Argentina
• Colombia

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.