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堆焊市场－2018-2028年全球产业规模、份额、趋势、机会与预测，依焊接方法、基材、最终用户产业、地区、竞争细分
市场调查报告书
商品编码
1379532

堆焊市场－2018-2028年全球产业规模、份额、趋势、机会与预测，依焊接方法、基材、最终用户产业、地区、竞争细分

Hardfacing Welding Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Welding Method, By Base Material, By End-User Industry, By Region, By Competition, 2018-2028
出版日期: | 出版商: TechSci Research | 英文 190 Pages | 商品交期: 2-3个工作天内

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简介目录

全球硬面焊接市场近年来经历了巨大增长，并预计在 2028 年之前保持强劲势头。2022 年市场价值为 237.4 亿美元，预计在预测期内年复合成长率为 4.47%。

堆焊是全球堆焊市场中非常有益的工艺，涉及在各种表面上应用坚固耐磨的涂层。它擅长沉积緻密的耐磨材料层，具有卓越的黏合强度，使其成为多个行业的首选。

堆焊的突出优点之一是其精度和配置灵活性，使其在众多工业应用中不可或缺。此外，该工艺在防止腐蚀、热衝击和磨损等问题方面发挥关键作用，从而延长了关键部件和设备的使用寿命。

市场概况
预测期 2024-2028
2022 年市场规模 237.4亿美元
2028 年市场规模 324.1亿美元
2023-2028 年CAGR 4.47%
成长最快的细分市场 铸铁
最大的市场 北美洲

可用于表面硬化的焊接方法包括钨极气体保护焊、保护金属电弧焊、板状焊条、气体保护金属电弧焊、自保护电弧焊和埋弧焊。这些技术满足各种行业需求和基材，通常包括钢、不銹钢、碳钢、碳化钨和钴基合金。

主要市场驱动因素

延长设备使用寿命的需求增加

由于对延长设备使用寿命的需求不断增长，全球堆焊市场正在强劲成长。在采矿、建筑、农业和製造业等行业中，机械和零件会遭受严重的磨损。堆焊在透过应用耐磨涂层来保护这些资产方面发挥关键作用，从而显着延长其使用寿命。随着企业寻求最大化投资回报并降低维护成本，采用堆焊解决方案变得越来越必要。

此外，对永续性和资源节约的日益重视与硬面焊接减少频繁更换需求的能力一致，最终减少浪费和环境影响。随着各行业优先考虑设备的使用寿命，这一趋势预计将继续推动市场的成长。

扩大工业基础设施和建设项目

全球基础设施和建筑业正在快速成长，众多大型项目正在进行中。其中包括道路、桥樑、机场以及商业和住宅建筑的建设。由于重型机械和设备是这些项目的核心，对硬面焊接解决方案的需求正在激增。

堆焊对于保护建筑和基础设施领域重要部件免受磨损、衝击和腐蚀至关重要。随着城市化和工业化的不断扩大，在确保关键设备的耐用性和可靠性的需求的推动下，硬面焊接市场有望大幅成长。

技术进步和创新材料

由于持续的技术进步和创新材料的开发，堆焊市场正在经历显着的成长。製造商不断改进焊接技术并引入尖端材料，以提高硬面焊接应用的性能。这些创新使涂层具有卓越的耐磨性、更高的黏合强度和更高的耐用性。

此外，在堆焊製程中使用自动化和机器人技术可以简化生产、降低劳动成本并提高精度。这种自动化趋势对于需要高精度硬面的产业尤其有利，例如航空航太和汽车製造。

此外，包括先进合金和复合材料在内的新型材料的引入正在扩大硬面焊接的应用范围。为特定挑战寻求客製化解决方案的行业越来越多地转向这些创新材料，推动了市场的成长。

总之，由于延长设备使用寿命的迫切需求、工业基础设施项目的扩展以及焊接技术和材料的持续技术进步，堆焊市场正在蓬勃发展。这些驱动因素共同推动市场向前发展，为成长和创新创造肥沃的土壤。

主要市场挑战

原料成本上涨

近年来，全球硬面焊接市场许多关键原料的成本不断上涨。堆焊製程中使用的电极、焊丝和其他消耗品需要铬、镍和钴等金属，而这些金属的采购成本越来越高。这些贱金属受到全球大宗商品价格波动以及贸易争端的影响，有时会扰乱供应链。由于堆焊是一种专门的应用，因此当成本上升时替代替代材料的灵活性较小。设备製造商和表面硬化服务提供者一直在努力将这些增加的成本完全转嫁给客户。在原材料费用上涨的同时保持利润率是一项挑战。长期供应合约、库存或开发新合金配方等策略有助于降低风险，但并没有消除投入成本的波动。如果原材料价格继续上涨，它将威胁到某些应用和最终用途行业的堆焊焊接的可行性。

熟练劳动力短缺

缺乏有资格执行堆焊应用的熟练焊工和技术人员，对全球市场的持续成长构成了挑战。堆焊需要先进的焊接技能以及使用专门工艺和材料的经验。然而，在许多国家，一般焊接劳动力队伍正在老化，并且没有足够快地被新进入者取代。年轻一代对製造业和贸易职业兴趣较低。同时，采矿、能源、建筑和运输等行业对耐磨堆焊服务的需求不断增加，这些行业需要延长高磨损零件的使用寿命。如果没有足够的熟练堆焊劳动力供应，设备製造商就很难扩大生产能力。客户还面临更长的交货时间和更高的合约堆焊工作成本。如果无法透过培训计划和移民政策解决劳动力短缺问题，则可能会限制硬面焊接市场的潜在扩张。

主要市场趋势

石油和天然气产业的需求不断增加

石油和天然气产业一直是硬面焊接材料的最大最终用户之一。这是因为，油气探勘生产活动中使用的钻头、防喷器、阀门、管道等零件，由于泥浆的磨损、腐蚀等因素，受到严重磨损。堆焊可提供坚硬、耐磨的表面，有助于延长此类零件的使用寿命。随着全球能源需求的不断增长，石油和天然气公司一直在增加勘探和生产活动的资本支出。这推动了对石油管材和其他需要耐磨堆焊的设备的需求。此外，北美和欧洲老化的石油和天然气基础设施需要维护和修理工作，从而推动了对硬面焊材的需求。所有这些因素预计将推动石油和天然气产业领域全球硬面焊接市场的成长。

先进焊接材料的使用不断增加

硬面焊接材料製造商一直致力于开发先进的组合物，以在具有挑战性的操作条件下提供更好的性能。具有耐腐蚀、高耐磨性和承受热应力能力等特性的新材料越来越受欢迎。例如，钴基合金的使用正在增加，因为它们可以在高腐蚀性环境中生存，并在高温下提供出色的耐磨性。同样，由于镍基合金的高强度和形成光滑表面的能力，对镍基合金的需求也在增长。增材製造技术也被用来生产具有客製化微观结构的新型材料。堆焊产品製造商越来越多地采用 3D 列印技术，可以透过针对独特应用的客製化解决方案来扰乱市场。此外，使用奈米技术开发材料提供了增强微观水平性能的机会。先进焊接材料的日益广泛使用预计将在预测期内推动创新并提高全球硬面焊接市场价值。

自动化程度的提高和机器人焊接系统的使用

由于机器人系统相对于手动焊接方法的优势，自动化和机器人系统在堆焊应用中的使用呈现成长趋势。机器人堆焊具有降低营运成本、提高焊接沉积的一致性和可重复性、提高生产率、最大限度地减少人为错误和风险等优点。此外，机器人可以相对轻鬆地在有限空间和危险环境中工作。汽车、重型工程和造船等行业是机器人堆焊系统的早期采用者。甚至石油和天然气公司也越来越多地使用机器人履带车和堆焊工具来实现管道维护活动的自动化。不断上涨的劳动成本进一步鼓励更多製造业投资机器人硬面解决方案。此外，持续的技术进步使机器人变得更加经济实惠、用途广泛并且能够满足不同的焊接要求。所有这些因素预计将推动自动化堆焊设备和机器人领域的显着成长。

细分市场洞察

焊接方法见解

依焊接方法细分，电弧焊在2022年全球硬面焊接市场中占据主导地位，占据最大的市场份额。电弧焊，也称为棒焊，是一种手动焊接工艺，使用电弧在电极和基材之间产生电压来形成焊缝。它为焊接不同厚度的金属提供了一种简单且廉价的方法。在电弧焊中，焊条电弧焊 (SMAW) 通常用于堆焊应用。 SMAW 使用覆盖助焊剂涂层的自耗电极，在熔化和焊接时可保护焊接区域免受大气污染。助焊剂涂层分解形成保护性渣层，焊接处在其下方凝固。 SMAW 非常适合堆焊，因为它具有高沉积速率并且可以在任何位置使用。其他常用的堆焊方法包括药芯焊丝焊、熔化极气体保护焊 (GMAW) 和气体保护药芯焊丝焊。然而，电弧焊由于其焊接各种金属和合金的多功能性以及对薄材料和厚材料的适用性而占据了最大的市场份额。埋弧焊 (SAW) 也可用于表面硬化，但由于其仅限于较厚的材料，因此与电弧焊接相比应用程度较小。总体而言，由于电弧焊接在灵活性、易用性和成本效益方面优于其他焊接方法，预计在预测期内将继续主导全球硬面焊接市场。

基础材料见解

到 2022 年，钢铁业将在全球硬面焊接市场中占据主导地位，并预计在预测期内将保持其主导地位。由于其高强度、耐用性和成本效益，钢材在建筑、采矿、农业和製造业等行业中得到广泛应用。到2022年，它占全球市场份额超过50%。钢材被用作重型设备、采矿工具、挖掘铲、推土机刀片以及其他需要高耐磨性和抗衝击性的部件的基础材料。使用钢作为基材的硬面焊接使这些零件和设备的表面具有高度的耐磨性和耐腐蚀性，有助于延长这些零件和设备的使用寿命。此外，与铸铁和合金金属等其他材料相比，钢材在各地区以实惠的价格广泛供应。钢材的广泛可用性和成本优势进一步巩固了其在全球硬面焊接市场的领先地位。随着全球基础设施和製造活动的不断增长，对重型设备和工具的需求也在稳步增长，预计这将在预测期内推动钢材作为硬面焊接应用首选基材的消费。

区域洞察

北美在2022年主导全球硬面焊接市场，预计在2023年至2028年的预测期内将保持其主导地位。该地区占2022年整体市场收入的30%以上份额。这可以归因于美国和加拿大等国家的堆焊产品主要製造商和供应商。该地区在基础设施开发、石油和天然气勘探、采矿以及其他堆焊广泛应用的行业中进行了大量投资。这推动了北美对堆焊焊材和设备的需求。此外，该地区在采用新技术提高焊接生产率和品质处于领先地位。製造商不断进行研究和开发，开发适合关键应用的先进堆焊解决方案，这是支持北美市场成长的另一个因素。由于采用硬面焊接的行业计划进行稳定投资，预计在预测期内需求将保持在较高水平，使北美能够保持在全球硬面焊接市场的领先地位。

目录

第 1 章：产品概述

  • 市场定义
  • 市场范围
    • 涵盖的市场
    • 考虑学习的年份
    • 主要市场区隔

第 2 章：研究方法

  • 研究目的
  • 基线方法
  • 范围的製定
  • 假设和限制
  • 研究来源
    • 二次研究
    • 初步研究
  • 市场研究方法
    • 自下而上的方法
    • 自上而下的方法
  • 计算市场规模和市场份额所遵循的方法
  • 预测方法
    • 数据三角测量与验证

第 3 章：执行摘要

第 4 章：客户之声

第 5 章：全球堆焊市场概述

第 6 章：全球堆焊市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方法分类（电弧焊、药芯焊丝焊、熔化极气体保护焊（GMAW）、气体保护药芯焊丝焊、埋弧焊（SAW））
    • 依基材（钢、铸铁、合金金属）
    • 按最终用户产业（重型机械、石油和天然气、汽车、零售、製造、航太和国防）
    • 按地区
  • 按公司划分 (2022)
  • 市场地图

第 7 章：北美堆焊市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方式分
    • 按基材分类
    • 按最终用户产业
    • 按国家/地区
  • 北美：国家分析
    • 美国
    • 加拿大
    • 墨西哥

第 8 章：欧洲堆焊市场前景

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方式分
    • 按基材分类
    • 按最终用户产业
    • 按国家/地区
  • 欧洲：国家分析
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙

第 9 章：亚太地区堆焊市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方式分
    • 按基材分类
    • 按最终用户产业
    • 按国家/地区
  • 亚太地区：国家分析
    • 中国
    • 印度
    • 日本
    • 韩国
    • 澳洲

第 10 章：南美洲堆焊市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方式分
    • 按基材分类
    • 按最终用户产业
    • 按国家/地区
  • 南美洲：国家分析
    • 巴西
    • 阿根廷
    • 哥伦比亚

第 11 章：中东和非洲堆焊市场前景

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依焊接方式分
    • 按基材分类
    • 按最终用户产业
    • 按国家/地区
  • MEA：国家分析
    • 南非堆焊
    • 沙乌地阿拉伯硬面焊接
    • 阿联酋硬面焊接
    • 科威特堆焊
    • 土耳其堆焊
    • 埃及堆焊

第 12 章：市场动态

  • 司机
  • 挑战

第 13 章：市场趋势与发展

第 14 章：公司简介

  • 硬面合金公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 博迪科特公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • FW Gartner 热喷涂
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 海恩斯国际公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 欧瑞康美科公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 粉末合金公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 普莱克斯表面技术公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 肯纳金属公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 卡斯特林共晶。
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • CRS控股公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered

第 15 章：策略建议

第 16 章：关于我们与免责声明

简介目录
Product Code: 17014

Global Hardfacing Welding market has experienced tremendous growth in recent years and is poised to maintain strong momentum through 2028. The market was valued at USD 23.74 billion in 2022 and is projected to register a compound annual growth rate of 4.47% during the forecast period.

Hardfacing welding is a highly beneficial process within the global Hardfacing Welding market, involving the application of robust and wear-resistant coatings on various surfaces. It excels in depositing dense layers of wear-resistant material with exceptional bond strength, making it the preferred choice across multiple industries.

One of the standout advantages of hardfacing welding is its precision and configurational flexibility, making it indispensable in numerous industrial applications. Furthermore, this process plays a pivotal role in safeguarding against issues like corrosion, thermal shock, and abrasion, thereby extending the lifespan of critical components and equipment.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 23.74 billion
Market Size 2028USD 32.41 billion
CAGR 2023-20284.47%
Fastest Growing SegmentCast Iron
Largest MarketNorth America

The array of welding methods available for hardfacing includes gas tungsten arc, shielded metal arc, tabular electrode, gas-shielded metal arc, self-shielded arc, and submerged arc welding. These techniques cater to various industry needs and substrates, which often encompass steel, stainless steel, carbon steel, tungsten carbide, and cobalt-based alloys.

In essence, hardfacing welding involves overlaying base materials with tougher or harder metals through welding or thermal spraying techniques. This process significantly mitigates wear and tear on the underlying materials, enhancing their durability and performance. The burgeoning demand for hardfacing welding arises from its expanding application spectrum and continuous advancements in the tools and technologies used throughout the process.

In summary, the outlook for the global Hardfacing Welding market remains exceedingly positive. Its pivotal role in asset protection, operational optimization, and regulatory compliance underscores its significance in commercial real estate and facility portfolio management worldwide. As technological innovations continue to advance, hardfacing welding solutions will remain central to ensuring the efficiency, compliance, and security of industrial operations across the globe.

Key Market Drivers

Increased Demand for Extended Equipment Lifespan

The global Hardfacing Welding market is witnessing robust growth driven by the escalating demand for extended equipment lifespan. In industries such as mining, construction, agriculture, and manufacturing, machinery and components are subjected to severe wear and tear. Hardfacing welding plays a pivotal role in safeguarding these assets by applying wear-resistant coatings, thereby significantly extending their operational life. As businesses seek to maximize their return on investment and reduce maintenance costs, the adoption of hardfacing welding solutions becomes increasingly imperative.

Moreover, the growing emphasis on sustainability and resource conservation aligns with hardfacing welding's ability to reduce the need for frequent replacements, ultimately reducing waste and environmental impact. This trend is expected to continue driving the market's growth as industries prioritize equipment longevity.

Expanding Industrial Infrastructure and Construction Projects

The global infrastructure and construction sectors are experiencing rapid growth, with numerous large-scale projects underway. These include the construction of roads, bridges, airports, and commercial and residential buildings. With heavy machinery and equipment at the heart of these projects, the demand for hardfacing welding solutions is surging.

Hardfacing welding is essential in protecting vital components from abrasion, impact, and corrosion in the construction and infrastructure sectors. As urbanization and industrialization continue to expand, the market for hardfacing welding is poised for substantial growth, driven by the need to ensure the durability and reliability of critical equipment.

Technological Advancements and Innovative Materials

The Hardfacing Welding market is experiencing a notable boost from ongoing technological advancements and the development of innovative materials. Manufacturers are continually improving welding techniques and introducing cutting-edge materials to enhance the performance of hardfacing welding applications. These innovations result in coatings that offer superior wear resistance, improved bond strength, and increased durability.

Additionally, the use of automation and robotics in hardfacing welding processes is streamlining production, reducing labor costs, and enhancing precision. This automation trend is especially beneficial for industries requiring high precision hardfacing, such as aerospace and automotive manufacturing.

Furthermore, the introduction of novel materials, including advanced alloys and composites, is expanding the range of applications for hardfacing welding. Industries seeking tailored solutions for specific challenges are increasingly turning to these innovative materials, driving the market's growth.

In conclusion, the Hardfacing Welding market is thriving due to the imperative need to prolong equipment lifespan, the expansion of industrial infrastructure projects, and continuous technological advancements in welding techniques and materials. These drivers collectively propel the market forward, creating a fertile ground for growth and innovation.

Key Market Challenges

Rising Cost of Raw Materials

The global hardfacing welding market has seen rising costs of many key raw materials in recent years. Electrodes, wire, and other consumables used in hardfacing welding processes require metals like chromium, nickel, and cobalt which have become more expensive to procure. These base metals are subject to global commodity price fluctuations as well as trade disputes that have disrupted supply chains at times. As hardfacing is a specialized application, there is less flexibility to substitute alternative materials when costs rise. Equipment manufacturers and hardfacing service providers have struggled to fully pass these increased costs onto customers. Maintaining profit margins while raw material expenses climb presents a challenge. Strategies like long-term supply contracts, stockpiling inventory, or developing new alloy formulations help mitigate risks but have not eliminated volatility in input costs. If raw material prices continue an upward trend, it threatens the viability of hardfacing welding for some applications and end use industries.

Skilled Labor Shortages

A shortage of skilled welders and technicians qualified to perform hardfacing welding applications poses a challenge to the continued growth of the global market. Hardfacing requires advanced welding skills and experience working with specialized processes and materials. However, the general welding labor pool is aging out of the workforce in many countries and not being replaced quickly enough by new entrants. Younger generations show less interest in manufacturing and trades careers. At the same time, demand for hardfacing services is increasing from industries like mining, energy, construction, and transportation that need to extend the life of high-wear components. Without an adequate supply of skilled hardfacing labor, equipment manufacturers have difficulty expanding production capacities. Customers also face longer lead times and higher costs for contract hardfacing work. If labor shortfalls cannot be addressed through training initiatives and immigration policies, it threatens to constrain the potential expansion of the hardfacing welding market.

Key Market Trends

Increasing Demand from Oil & Gas Industry

The oil and gas industry has been one of the largest end-users of hardfacing welding materials. This is because components such as drill bits, blowout preventers, valves, and pipelines used in oil and gas exploration and production activities are subjected to severe wear and tear due to factors like abrasion and corrosion from slurries. Hardfacing welding helps increase the service life of such components by providing a hard, wear-resistant surface. With rising energy demands globally, oil and gas companies have been increasing their capital expenditures on exploration and production activities. This is driving the demand for oil country tubular goods and other equipment that require hardfacing for durability. Additionally, aging oil and gas infrastructure in North America and Europe is requiring maintenance and repair works, thereby propelling the need for hardfacing welding consumables. All these factors are expected to boost the growth of the global hardfacing welding market in the oil and gas industry segment.

Rising Use of Advanced Welding Materials

Manufacturers of hardfacing welding materials have been focusing on developing advanced compositions that can deliver better performance in challenging operating conditions. New materials with properties like corrosion resistance, high abrasion resistance, and ability to withstand thermal stresses are gaining popularity. For instance, the use of cobalt-based alloys is increasing as they can survive in highly corrosive environments and provide excellent wear resistance at elevated temperatures. Similarly, the demand for nickel-based alloys is growing due to their high strength and ability to form smooth surfaces. Additive manufacturing techniques are also being used to produce novel materials with tailored microstructures. The rising adoption of 3D printing technologies by hardfacing welding product manufacturers can disrupt the market with custom solutions for unique applications. Furthermore, development of materials using nanotechnology offers opportunities to enhance properties at the micro-level. The growing use of advanced welding materials is expected to drive innovation and boost the global hardfacing welding market value over the forecast period.

Rising Automation and Use of Robotic Welding Systems

There is a growing trend of automation and use of robotic systems for hardfacing welding applications due to their advantages over manual welding methods. Robotic hardfacing welding provides benefits like reduced operational costs, improved consistency and repeatability of weld deposition, higher productivity, minimized human errors and risks. Additionally, robots can work in confined spaces and hazardous environments with relative ease. Sectors like automotive, heavy engineering, and shipbuilding have been early adopters of robotic hardfacing systems. Even oil and gas companies are increasingly automating their pipeline maintenance activities using robotic crawlers and hardfacing tools. The rising labor costs are further encouraging more fabrication industries to invest in robotic hardfacing solutions. Additionally, ongoing technology advancements are making robots more affordable, versatile and compatible with diverse welding requirements. All these factors are expected to drive significant growth in the automated hardfacing welding equipment and robotics segment.

Segmental Insights

Welding Method Insights

Segmented by welding method, arc welding dominated the global hardfacing welding market in 2022, holding the largest market share. Arc welding, also known as stick welding, is a manual welding process that uses an arc producing a voltage between an electrode and the base material to create a weld. It provides an easy and inexpensive way for welding metals of varying thicknesses. Within arc welding, shielded metal arc welding (SMAW) is commonly used for hardfacing applications. SMAW uses a consumable electrode covered by a flux coating which, upon melting and welding, protects the weld area from atmospheric contamination. The flux coating decomposes to form a protective slag blanket under which the weld solidifies. SMAW is well suited for hardfacing because it allows for high deposition rates and can be used in any position. Other commonly used hardfacing welding methods include flux-cored wire welding, gas metal arc welding (GMAW), and gas shielded flux-cored wire welding. However, arc welding held the largest market share due to its versatility for welding a variety of metals and alloys as well as its suitability for both thin and thick materials. Submerged arc welding (SAW) also has applications in hardfacing but to a lesser extent compared to arc welding due to its limitation to thicker materials. Overall, arc welding is expected to continue dominating the global hardfacing welding market during the forecast period owing to its advantages over other welding methods in terms of flexibility, ease of use, and cost effectiveness.

Base Material Insights

Steel segment dominated the global hardfacing welding market in 2022 and is expected to maintain its dominance during the forecast period. Steel finds widespread application across industries such as construction, mining, agriculture, and manufacturing due to its high strength, durability, and cost-effectiveness. It accounted for over 50% share of the global market in 2022. Steel is used as a base material in heavy-duty equipment, mining tools, excavating shovels, bulldozer blades, and other components that require high wear and impact resistance. Hardfacing welding using steel as the base material helps increase the service life of these components and equipment by making their surfaces highly resistant to abrasion and corrosion. Moreover, steel is widely available across regions at affordable prices as compared to other materials like cast iron and alloy metals. This widespread availability and cost advantage of steel further consolidates its leading position in the global hardfacing welding market. With growing infrastructure and manufacturing activities worldwide, the demand for heavy-duty equipment and tools is also rising steadily, which is expected to drive the consumption of steel as the preferred base material for hardfacing welding applications over the forecast period..

Regional Insights

North America dominated the global hardfacing welding market in 2022 and is expected to maintain its dominance during the forecast period from 2023 to 2028. The region accounted for more than 30% share of the overall market revenue in 2022. This can be attributed to the presence of major manufacturers and suppliers of hardfacing welding products in countries like the United States and Canada. The region has seen significant investments in infrastructure development, oil & gas exploration, mining, and other industries where hardfacing welding finds widespread application. This has driven the demand for hardfacing welding consumables and equipment in North America. Furthermore, the region is at the forefront in adopting new technologies for improving welding productivity and quality. Continuous research and development by manufacturers to develop advanced hardfacing welding solutions tailored for critical applications is another factor supporting the market growth in North America. With steady investments planned across industries that employ hardfacing welding, the demand is expected to remain high through the forecast period, allowing North America to retain its leading position in the global hardfacing welding market.

Key Market Players

  • Hardface Alloys Inc
  • Bodycote plc
  • F.W. Gartner Thermal Spraying
  • Haynes International, Inc
  • Oerlikon Metco, Inc
  • Praxair Surface Technologies, Inc
  • Kennametal Inc
  • Castolin Eutectic
  • Powder Alloy Corporation
  • CRS Holdings Inc

Report Scope:

In this report, the Global Hardfacing Welding Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Hardfacing Welding Market, By Welding Method:

  • Arc Welding
  • Flux-Cored Wire Welding
  • Gas Metal Arc Welding (GMAW)
  • Gas Shielded Flux-Cored Wire Welding
  • Submerged Arc Welding (SAW)

Hardfacing Welding Market, By Base Material:

  • Steel
  • Cast Iron
  • Alloy Metals

Hardfacing Welding Market, By End-User Industry:

  • Heavy Machinery
  • Oil and Gas
  • Automotive
  • Retail
  • Manufacturing
  • Aerospace and Defense

Hardfacing Welding Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Hardfacing Welding Market.

Available Customizations:

  • Global Hardfacing Welding Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Formulation of the Scope
  • 2.4. Assumptions and Limitations
  • 2.5. Sources of Research
    • 2.5.1. Secondary Research
    • 2.5.2. Primary Research
  • 2.6. Approach for the Market Study
    • 2.6.1. The Bottom-Up Approach
    • 2.6.2. The Top-Down Approach
  • 2.7. Methodology Followed for Calculation of Market Size & Market Shares
  • 2.8. Forecasting Methodology
    • 2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Hardfacing Welding Market Overview

6. Global Hardfacing Welding Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Welding Method (Arc Welding, Flux-Cored Wire Welding, Gas Metal Arc Welding (GMAW), Gas Shielded Flux-Cored Wire Welding, Submerged Arc Welding (SAW))
    • 6.2.2. By Base Material (Steel, Cast Iron, Alloy Metals)
    • 6.2.3. By End-User Industry (Heavy Machinery, Oil and Gas, Automotive, Retail, Manufacturing, Aerospace and Defense)
    • 6.2.4. By Region
  • 6.3. By Company (2022)
  • 6.4. Market Map

7. North America Hardfacing Welding Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Welding Method
    • 7.2.2. By Base Material
    • 7.2.3. By End-User Industry
    • 7.2.4. By Country
  • 7.3. North America: Country Analysis
    • 7.3.1. United States Hardfacing Welding Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Welding Method
        • 7.3.1.2.2. By Base Material
        • 7.3.1.2.3. By End-User Industry
    • 7.3.2. Canada Hardfacing Welding Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Welding Method
        • 7.3.2.2.2. By Base Material
        • 7.3.2.2.3. By End-User Industry
    • 7.3.3. Mexico Hardfacing Welding Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Welding Method
        • 7.3.3.2.2. By Base Material
        • 7.3.3.2.3. By End-User Industry

8. Europe Hardfacing Welding Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Welding Method
    • 8.2.2. By Base Material
    • 8.2.3. By End-User Industry
    • 8.2.4. By Country
  • 8.3. Europe: Country Analysis
    • 8.3.1. Germany Hardfacing Welding Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Welding Method
        • 8.3.1.2.2. By Base Material
        • 8.3.1.2.3. By End-User Industry
    • 8.3.2. United Kingdom Hardfacing Welding Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Welding Method
        • 8.3.2.2.2. By Base Material
        • 8.3.2.2.3. By End-User Industry
    • 8.3.3. Italy Hardfacing Welding Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecasty
        • 8.3.3.2.1. By Welding Method
        • 8.3.3.2.2. By Base Material
        • 8.3.3.2.3. By End-User Industry
    • 8.3.4. France Hardfacing Welding Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Welding Method
        • 8.3.4.2.2. By Base Material
        • 8.3.4.2.3. By End-User Industry
    • 8.3.5. Spain Hardfacing Welding Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Welding Method
        • 8.3.5.2.2. By Base Material
        • 8.3.5.2.3. By End-User Industry

9. Asia-Pacific Hardfacing Welding Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Welding Method
    • 9.2.2. By Base Material
    • 9.2.3. By End-User Industry
    • 9.2.4. By Country
  • 9.3. Asia-Pacific: Country Analysis
    • 9.3.1. China Hardfacing Welding Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Welding Method
        • 9.3.1.2.2. By Base Material
        • 9.3.1.2.3. By End-User Industry
    • 9.3.2. India Hardfacing Welding Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Welding Method
        • 9.3.2.2.2. By Base Material
        • 9.3.2.2.3. By End-User Industry
    • 9.3.3. Japan Hardfacing Welding Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Welding Method
        • 9.3.3.2.2. By Base Material
        • 9.3.3.2.3. By End-User Industry
    • 9.3.4. South Korea Hardfacing Welding Market Outlook
      • 9.3.4.1. Market Size & Forecast
        • 9.3.4.1.1. By Value
      • 9.3.4.2. Market Share & Forecast
        • 9.3.4.2.1. By Welding Method
        • 9.3.4.2.2. By Base Material
        • 9.3.4.2.3. By End-User Industry
    • 9.3.5. Australia Hardfacing Welding Market Outlook
      • 9.3.5.1. Market Size & Forecast
        • 9.3.5.1.1. By Value
      • 9.3.5.2. Market Share & Forecast
        • 9.3.5.2.1. By Welding Method
        • 9.3.5.2.2. By Base Material
        • 9.3.5.2.3. By End-User Industry

10. South America Hardfacing Welding Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Welding Method
    • 10.2.2. By Base Material
    • 10.2.3. By End-User Industry
    • 10.2.4. By Country
  • 10.3. South America: Country Analysis
    • 10.3.1. Brazil Hardfacing Welding Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Welding Method
        • 10.3.1.2.2. By Base Material
        • 10.3.1.2.3. By End-User Industry
    • 10.3.2. Argentina Hardfacing Welding Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Welding Method
        • 10.3.2.2.2. By Base Material
        • 10.3.2.2.3. By End-User Industry
    • 10.3.3. Colombia Hardfacing Welding Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Welding Method
        • 10.3.3.2.2. By Base Material
        • 10.3.3.2.3. By End-User Industry

11. Middle East and Africa Hardfacing Welding Market Outlook

  • 11.1. Market Size & Forecast
    • 11.1.1. By Value
  • 11.2. Market Share & Forecast
    • 11.2.1. By Welding Method
    • 11.2.2. By Base Material
    • 11.2.3. By End-User Industry
    • 11.2.4. By Country
  • 11.3. MEA: Country Analysis
    • 11.3.1. South Africa Hardfacing Welding Market Outlook
      • 11.3.1.1. Market Size & Forecast
        • 11.3.1.1.1. By Value
      • 11.3.1.2. Market Share & Forecast
        • 11.3.1.2.1. By Welding Method
        • 11.3.1.2.2. By Base Material
        • 11.3.1.2.3. By End-User Industry
    • 11.3.2. Saudi Arabia Hardfacing Welding Market Outlook
      • 11.3.2.1. Market Size & Forecast
        • 11.3.2.1.1. By Value
      • 11.3.2.2. Market Share & Forecast
        • 11.3.2.2.1. By Welding Method
        • 11.3.2.2.2. By Base Material
        • 11.3.2.2.3. By End-User Industry
    • 11.3.3. UAE Hardfacing Welding Market Outlook
      • 11.3.3.1. Market Size & Forecast
        • 11.3.3.1.1. By Value
      • 11.3.3.2. Market Share & Forecast
        • 11.3.3.2.1. By Welding Method
        • 11.3.3.2.2. By Base Material
        • 11.3.3.2.3. By End-User Industry
    • 11.3.4. Kuwait Hardfacing Welding Market Outlook
      • 11.3.4.1. Market Size & Forecast
        • 11.3.4.1.1. By Value
      • 11.3.4.2. Market Share & Forecast
        • 11.3.4.2.1. By Welding Method
        • 11.3.4.2.2. By Base Material
        • 11.3.4.2.3. By End-User Industry
    • 11.3.5. Turkey Hardfacing Welding Market Outlook
      • 11.3.5.1. Market Size & Forecast
        • 11.3.5.1.1. By Value
      • 11.3.5.2. Market Share & Forecast
        • 11.3.5.2.1. By Welding Method
        • 11.3.5.2.2. By Base Material
        • 11.3.5.2.3. By End-User Industry
    • 11.3.6. Egypt Hardfacing Welding Market Outlook
      • 11.3.6.1. Market Size & Forecast
        • 11.3.6.1.1. By Value
      • 11.3.6.2. Market Share & Forecast
        • 11.3.6.2.1. By Welding Method
        • 11.3.6.2.2. By Base Material
        • 11.3.6.2.3. By End-User Industry

12. Market Dynamics

  • 12.1. Drivers
  • 12.2. Challenges

13. Market Trends & Developments

14. Company Profiles

  • 14.1. Hardface Alloys Inc
    • 14.1.1. Business Overview
    • 14.1.2. Key Revenue and Financials
    • 14.1.3. Recent Developments
    • 14.1.4. Key Personnel/Key Contact Person
    • 14.1.5. Key Product/Services Offered
  • 14.2. Bodycote plc
    • 14.2.1. Business Overview
    • 14.2.2. Key Revenue and Financials
    • 14.2.3. Recent Developments
    • 14.2.4. Key Personnel/Key Contact Person
    • 14.2.5. Key Product/Services Offered
  • 14.3. F.W. Gartner Thermal Spraying
    • 14.3.1. Business Overview
    • 14.3.2. Key Revenue and Financials
    • 14.3.3. Recent Developments
    • 14.3.4. Key Personnel/Key Contact Person
    • 14.3.5. Key Product/Services Offered
  • 14.4. Haynes International, Inc
    • 14.4.1. Business Overview
    • 14.4.2. Key Revenue and Financials
    • 14.4.3. Recent Developments
    • 14.4.4. Key Personnel/Key Contact Person
    • 14.4.5. Key Product/Services Offered
  • 14.5. Oerlikon Metco, Inc
    • 14.5.1. Business Overview
    • 14.5.2. Key Revenue and Financials
    • 14.5.3. Recent Developments
    • 14.5.4. Key Personnel/Key Contact Person
    • 14.5.5. Key Product/Services Offered
  • 14.6. Powder Alloy Corporation
    • 14.6.1. Business Overview
    • 14.6.2. Key Revenue and Financials
    • 14.6.3. Recent Developments
    • 14.6.4. Key Personnel/Key Contact Person
    • 14.6.5. Key Product/Services Offered
  • 14.7. Praxair Surface Technologies, Inc
    • 14.7.1. Business Overview
    • 14.7.2. Key Revenue and Financials
    • 14.7.3. Recent Developments
    • 14.7.4. Key Personnel/Key Contact Person
    • 14.7.5. Key Product/Services Offered
  • 14.8. Kennametal Inc
    • 14.8.1. Business Overview
    • 14.8.2. Key Revenue and Financials
    • 14.8.3. Recent Developments
    • 14.8.4. Key Personnel/Key Contact Person
    • 14.8.5. Key Product/Services Offered
  • 14.9. Castolin Eutectic.
    • 14.9.1. Business Overview
    • 14.9.2. Key Revenue and Financials
    • 14.9.3. Recent Developments
    • 14.9.4. Key Personnel/Key Contact Person
    • 14.9.5. Key Product/Services Offered
  • 14.10. CRS Holdings Inc
    • 14.10.1. Business Overview
    • 14.10.2. Key Revenue and Financials
    • 14.10.3. Recent Developments
    • 14.10.4. Key Personnel/Key Contact Person
    • 14.10.5. Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer