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Middle East MIG welding and Flux Cored Welding Wire Market Trends

Report ID: GMI10975
Published Date: Aug 2024
Report Format: PDF

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Middle East MIG welding and Flux Cored Welding Wire Market Trends

In the Middle East, the MIG welding and flux-cored welding wire market is seeing major technological advancements, especially with more automation and robotics. Automated welding systems are becoming more popular because they improve precision, consistency, and productivity in manufacturing and construction. These systems help meet the growing demand for high-quality welds in sectors like automotive, aerospace, and heavy machinery. According to the International Federation of Robotics, the use of industrial robots in the Middle East increased by 12% in 2023.

Along with automation, the market is moving towards energy-efficient and eco-friendly welding solutions. Manufacturers are developing MIG and flux-cored welding wires that use less energy and produce fewer emissions, aligning with global sustainability goals. For example, the World Bank reports that energy-efficient technologies can reduce energy consumption by up to 30%. These green advancements not only meet regulatory requirements but also help reduce the environmental impact of welding operations.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.