Gas Welding Rods Market
The market for Gas Welding Rods was estimated at $465 million in 2024; it is anticipated to increase to $679 million by 2030, with projections indicating growth to around $930 million by 2035.
Global Gas Welding Rods Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Gas Welding Rods industry revenue is expected to be around $495.3 million in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. The increasing need for gas welding rods is being boosted by the growth of the manufacturing sector and ongoing infrastructure developments along with technological advancements driving this market upward across various industries like automotive and construction among others like shipbuilding and aerospace too are benefitting from this trend which highlights the growing importance of gas welding rods in these sectors as seen in the projected strong growth rates over the next decade suggesting promising market opportunities align, with changing user needs.
Gas welding rods made mainly from brass or bronze are known for their conductivity and strength as well as their ability to resist wear effectively. They are widely used in gas welding processes such, as braze welding and oxy acetylene welding.
Market Key Insights
- The Gas Welding Rods market is projected to grow from $465.1 million in 2024 to $873 million in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Automotive Industry, Repair and Maintenance Services and Industrial Fabrication.
- Lincoln Electric, ESAB, Miller Electric are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Gas Welding Rods market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Ukraine are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Transition like Transition to Automated Welding Processes has greater influence in United States and Germany market's value chain; and is expected to add $20 million of additional value to Gas Welding Rods industry revenue by 2030.
- The Gas Welding Rods market is set to add $408 million between 2024 and 2034, with manufacturer targeting Automotive & Construction End-User Industry projected to gain a larger market share.
- With Expansion in infrastructure development, and Technological advancements in welding techniques, Gas Welding Rods market to expand 88% between 2024 and 2034.