Market Forecast By Type (Stick Electrodes, Solid Wires, Flux Cored Wires, SAW Wires & Fluxes), By End-user Industry (Aerospace & Defense, Automotive & Transportation, Construction, Energy, Heavy Machinery, Shipbuilding, Process & Others), By Welding Technique (Arc Welding, Resistance Welding, Oxy-fuel Welding, Laser-beam Welding, Others) And Competitive Landscape
Product Code: ETC046892 | Publication Date: Jan 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Egypt Welding Consumables Market |
Forecast Period | 2025-2031 |
CAGR | 5.9% |
Growing Sector | Construction |
Egypt Welding Consumables Market report thoroughly covers the market by type, by end user industry, and by welding technique. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Welding consumables are essential components in the welding process, used to join two or more metals together. These include materials such as electrodes, filler wires, fluxes, and shielding gases. The welding industry in Egypt has been experiencing significant growth in recent years due to the increasing demand for infrastructure development and industrialization. The country's strategic location and favorable government policies have also contributed to the growth of the welding consumables market.
According to 6Wresearch, the Egypt Welding Consumables Market size is estimated to reach at a CAGR of 5.9% during the forecast period 2025-2031. One of the main drivers for growth in the Egypt welding consumables market is the rising demand from various sectors such as construction, automotive, and oil & gas. Despite the steady Egypt Welding Consumables Market growth, there are some challenges that the industry faces. One of the key challenges is the shortage of skilled labor in the welding sector and another is the fluctuations in raw material costs and limited availability of certain types of welding consumables. However, some aspects are leaving a positive impact on the market growth. One of the significant aspects is the country’s government has been actively investing in infrastructure projects, including building new roads, bridges, and railways, which has led to an increase in demand for welding consumables. Additionally, the country's growing industrialization has also created a need for welding consumables in various industries such as manufacturing and fabrication.
The Egyptian government has launched several initiatives aimed at bolstering the welding consumables market and the broader manufacturing sector. These include the Industrial Development Strategy 2020-2031, which targets comprehensive industrial growth and sustainable development. Additionally, investment in infrastructure projects, such as the construction of new cities and transport networks, directly impacts the demand for welding consumables by creating more opportunities for construction and manufacturing projects.
The welding consumables market in Egypt is characterized by the presence of both local and international manufacturers. Leading players include ESAB, Lincoln Electric, and ITW Welding. These companies have established a strong foothold in the market by offering a wide range of products tailored to various industrial needs, from automotive to construction.
The future of the Egypt Welding Consumables industry looks promising, with several factors contributing to its growth. The country's government has implemented various initiatives to promote industrialization and attract foreign investments, which will likely lead to an increase in demand for welding consumables. The rising focus on renewable energy sources in Egypt is expected to create opportunities for the welding consumables market. The government's efforts towards increasing solar and wind power generation have created a need for specialized welding techniques and materials, leading to a higher demand for welding consumables.
According to Dhaval, Research Manager, 6Wresearch, the Flux Cored Wires segment is experiencing growth in the Egypt Welding Consumables Market. This trend can be attributed to their versatility and superior performance in outdoor applications, where they offer enhanced penetration, higher welding speed, and improved weld quality over traditional stick electrodes. Their increasing popularity is also supported by advancements in welding technologies and a growing preference for automated welding in various industrial sectors.
Based on the end user industry, the Construction sector stands out as the only industry experiencing consistent growth. This surge is primarily due to Egypt's significant investments in infrastructural development and urbanization projects. The government's commitment to modernizing the country's infrastructure, including transportation networks, housing, and commercial buildings, has created a robust demand for welding consumables.
The report offers a comprehensive study of the subsequent market segments:
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 Egypt Welding Consumables Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Welding Consumables Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Welding Consumables Market - Industry Life Cycle |
3.4 Egypt Welding Consumables Market - Porter's Five Forces |
3.5 Egypt Welding Consumables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Egypt Welding Consumables Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.7 Egypt Welding Consumables Market Revenues & Volume Share, By Welding Technique, 2021 & 2031F |
4 Egypt Welding Consumables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Welding Consumables Market Trends |
6 Egypt Welding Consumables Market, By Types |
6.1 Egypt Welding Consumables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Welding Consumables Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Egypt Welding Consumables Market Revenues & Volume, By Stick Electrodes, 2021 - 2031F |
6.1.4 Egypt Welding Consumables Market Revenues & Volume, By Solid Wires, 2021 - 2031F |
6.1.5 Egypt Welding Consumables Market Revenues & Volume, By Flux Cored Wires, 2021 - 2031F |
6.1.6 Egypt Welding Consumables Market Revenues & Volume, By SAW Wires & Fluxes, 2021 - 2031F |
6.2 Egypt Welding Consumables Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Egypt Welding Consumables Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.2.3 Egypt Welding Consumables Market Revenues & Volume, By Automotive & Transportation, 2021 - 2031F |
6.2.4 Egypt Welding Consumables Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.5 Egypt Welding Consumables Market Revenues & Volume, By Energy, 2021 - 2031F |
6.2.6 Egypt Welding Consumables Market Revenues & Volume, By Heavy Machinery, 2021 - 2031F |
6.2.7 Egypt Welding Consumables Market Revenues & Volume, By Shipbuilding, 2021 - 2031F |
6.3 Egypt Welding Consumables Market, By Welding Technique |
6.3.1 Overview and Analysis |
6.3.2 Egypt Welding Consumables Market Revenues & Volume, By Arc Welding, 2021 - 2031F |
6.3.3 Egypt Welding Consumables Market Revenues & Volume, By Resistance Welding, 2021 - 2031F |
6.3.4 Egypt Welding Consumables Market Revenues & Volume, By Oxy-fuel Welding, 2021 - 2031F |
6.3.5 Egypt Welding Consumables Market Revenues & Volume, By Laser-beam Welding, 2021 - 2031F |
6.3.6 Egypt Welding Consumables Market Revenues & Volume, By Others, 2021 - 2031F |
7 Egypt Welding Consumables Market Import-Export Trade Statistics |
7.1 Egypt Welding Consumables Market Export to Major Countries |
7.2 Egypt Welding Consumables Market Imports from Major Countries |
8 Egypt Welding Consumables Market Key Performance Indicators |
9 Egypt Welding Consumables Market - Opportunity Assessment |
9.1 Egypt Welding Consumables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Egypt Welding Consumables Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.3 Egypt Welding Consumables Market Opportunity Assessment, By Welding Technique, 2021 & 2031F |
10 Egypt Welding Consumables Market - Competitive Landscape |
10.1 Egypt Welding Consumables Market Revenue Share, By Companies, 2024 |
10.2 Egypt Welding Consumables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |