Product Code: ETC046869 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Welding Consumables Market is expected to grow at a CAGR of 7.8% during the forecast period (2025-2031). The welding consumables market in the Philippines is primarily driven by increasing demand for infrastructure development and rising investments in the shipbuilding sector. Moreover, stringent regulations regarding carbon emissions are encouraging manufacturers to invest heavily in order to reduce their carbon footprint, which further propels the growth of welding consumables market in this region.
With increasing global population, there is an increase in demand for ships and vessels due to expanding trade activities across countries. Hence, this has resulted into increased investments from companies into shipbuilding industry leading towards robust growth of welding consumable market as they are used for vessel construction purpose as well as repair & maintenance services over its life cycle. Additionally, rising disposable income levels and changing consumer preferences have led to an increase in sale volumes of automobile globally which further augmented demand for welding consumables such as electrodes and fluxes among others that are extensively employed during production processes like joining metal components used on chassis or body frames of vehicles thus driving growth prospects of welding consumables market over coming years. Further, robotic arc welding technology offers numerous benefits such as improved quality control , higher throughput with faster cycle time , reduced labor cost etc thereby creating potential growth opportunities for robotic arc welders worldwide . This technology helps manufacturers meet customer demands more efficiently by ensuring high product standards with consistent quality along with reducing operational costs.
High number government initiatives related to infrastructure developments coupled with emergence green architecture trend have significantly accelerated demand from construction industry providing significant boost upgrowth prospects for welding materials providers within country . Government???s ???Build Build Build Program??? launched March 2017 targeting investment US$180 billion towards developing ports , airports & other infrastructures will further drive need for these products throughout nation hence offering lucrative opportunity players operating space
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Welding Consumables Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Welding Consumables Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Welding Consumables Market - Industry Life Cycle |
3.4 Philippines Welding Consumables Market - Porter's Five Forces |
3.5 Philippines Welding Consumables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Welding Consumables Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.7 Philippines Welding Consumables Market Revenues & Volume Share, By Welding Technique, 2021 & 2031F |
4 Philippines Welding Consumables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Welding Consumables Market Trends |
6 Philippines Welding Consumables Market, By Types |
6.1 Philippines Welding Consumables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Welding Consumables Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Welding Consumables Market Revenues & Volume, By Stick Electrodes, 2021-2031F |
6.1.4 Philippines Welding Consumables Market Revenues & Volume, By Solid Wires, 2021-2031F |
6.1.5 Philippines Welding Consumables Market Revenues & Volume, By Flux Cored Wires, 2021-2031F |
6.1.6 Philippines Welding Consumables Market Revenues & Volume, By SAW Wires & Fluxes, 2021-2031F |
6.2 Philippines Welding Consumables Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Welding Consumables Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.3 Philippines Welding Consumables Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 Philippines Welding Consumables Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Philippines Welding Consumables Market Revenues & Volume, By Energy, 2021-2031F |
6.2.6 Philippines Welding Consumables Market Revenues & Volume, By Heavy Machinery, 2021-2031F |
6.2.7 Philippines Welding Consumables Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.3 Philippines Welding Consumables Market, By Welding Technique |
6.3.1 Overview and Analysis |
6.3.2 Philippines Welding Consumables Market Revenues & Volume, By Arc Welding, 2021-2031F |
6.3.3 Philippines Welding Consumables Market Revenues & Volume, By Resistance Welding, 2021-2031F |
6.3.4 Philippines Welding Consumables Market Revenues & Volume, By Oxy-fuel Welding, 2021-2031F |
6.3.5 Philippines Welding Consumables Market Revenues & Volume, By Laser-beam Welding, 2021-2031F |
6.3.6 Philippines Welding Consumables Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Welding Consumables Market Import-Export Trade Statistics |
7.1 Philippines Welding Consumables Market Export to Major Countries |
7.2 Philippines Welding Consumables Market Imports from Major Countries |
8 Philippines Welding Consumables Market Key Performance Indicators |
9 Philippines Welding Consumables Market - Opportunity Assessment |
9.1 Philippines Welding Consumables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Welding Consumables Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.3 Philippines Welding Consumables Market Opportunity Assessment, By Welding Technique, 2021 & 2031F |
10 Philippines Welding Consumables Market - Competitive Landscape |
10.1 Philippines Welding Consumables Market Revenue Share, By Companies, 2024 |
10.2 Philippines Welding Consumables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |