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Middle East MIG welding and Flux Cored Welding Wire Market Share
The Middle East MIG welding and flux cored welding wire industry, with prominent players, such as ESAB Middle East FZE, Lincoln Electric Company and Ador Welding Limited, holding a market share of ~5-10%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
Middle East MIG welding and Flux Cored Welding Wire Market Companies
Major players operating in the Middle East MIG welding and flux cored welding wire industry include:
- ESAB Middle East FZE
- Lincoln Electric Company
- ITW Welding Middle East FZE
- Magmaweld Middle East
- Hyundai Welding Co., Ltd.
- Kiswel Middle East FZE
- Ador Welding Limited
- Fronius Middle East FZE
- Jasic Technology Middle East
- Hobart Welding Products
- Pan Gulf Welding Solutions
- Saudi Electrodes Factory Co. Ltd.
- Techweld Middle East
- Weldman Middle East FZE
- National Welding Equipment (NWE) Middle East
How much is the Middle East MIG welding and flux cored welding wire market worth?
The market size of Middle East MIG welding and flux cored welding wire was worth over USD 177.2 million in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032, driven by big investments in various sectors, especially in infrastructure development.
Why is the demand for solid MIG welding wires rising in the Middle East?
The solid MIG welding wires segment generated a revenue of USD 117.4 million in 2023 and is expected to grow at 5.2% CAGR during 2024 to 2032, due to their extensive use in automotive, construction, and manufacturing sectors.
Why is the MIG welding and flux cored welding wire industry growing rapidly in Saudi Arabia?
Saudi Arabia MIG welding and flux cored welding wire market held a revenue share of 22.8% in 2023 and is expected to grow rapidly through 2032, because of the large infrastructure projects under the Vision 2030 initiative.
Who are the major Middle East MIG welding and flux cored welding wire industry players?
ESAB Middle East FZE, Lincoln Electric Company, ITW Welding Middle East FZE, Magmaweld Middle East, Hyundai Welding Co., Ltd, and Kiswel Middle East FZE among others.