MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Welding Consumables - TIG Filler
Overview
Market size
$2.9B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
5
tracked players
Signals
12
6 high severity
Market outlook
2031$3.6B
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Europe demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Raw Materials (Stainless Steel, Carbon Steel, Aluminum)55%
Manufacturing and Energy20%
Logistics and Packaging15%
Labor and Overhead10%
share of delivered cost (analyst estimate)