Middle East MIG welding and Flux Cored Welding Wire Market Analysis

Middle East MIG welding and Flux Cored Welding Wire Market Analysis

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Based on Product Type, the solid MIG welding wires segment was worth over USD 117.4 million in 2023 and is expected to grow at a CAGR of 5.2% from 2024 to 2032, due to their extensive use in automotive, construction, and manufacturing sectors. They offer high welding efficiency with minimal spatter, making them ideal for clean and fast welds. Their cost-effectiveness and ease of use, along with the growing demand from regional infrastructure projects, have made them the preferred choice. According to the American Welding Society, the demand for welding consumables, including MIG welding wires, is expected to grow by 4.5% annually through 2028, driven by infrastructure development and industrial growth.
 

Based on End-User, the automotive & transportation segment accounted for over 25.1% of the market share in 2023 and is set to grow at a CAGR of 5.6% through 2032, because adults have strong buying power. This dominance is driven by the region's expanding automotive sector, which benefits from increasing consumer purchasing power and demand for vehicles. Additionally, the growing focus on domestic manufacturing and assembly in countries like the UAE and Saudi Arabia, alongside investments in transportation infrastructure, further boosts the need for high-quality welding solutions.
 

Saudi Arabia dominated about 22.8% share of the Middle East MIG welding and flux cored welding wire market in 2023. Saudi Arabia leads the market because of its large infrastructure projects under the Vision 2030 initiative, which include construction, industrial development, and transportation expansion. The growing oil and gas industry and the increasing demand for automotive and heavy machinery manufacturing also drive the need for advanced welding technologies. These factors make Saudi Arabia a key market, with growth expected to continue during the forecast period.