Rise in the automotive and construction sector and surge in global energy infrastructure development drive the growth of the global welding consumables market. By geography, the region across Asia-Pacific contributed to the highest share in 2016, and will maintain its dominance throughout the forecast period. The restrictions on sales channels and supply chain due to …
Tag Archives: Welding Consumables
Welding Consumables Market Growth Drivers, Developments, Technology And Future Trends
Welding consumables are flux and filler materials that liquefy during welding to produce strong joints. The selection of welding consumables is dependent on the type of end use. Growth in construction and automotive industries, rise in the number of applications across various end-user industries, increase in usage of welding consumables for repair & maintenance purpose, …
Welding Consumables Market: Comprehensive Industry Report Offers Forecast and Analysis 2023
The global welding consumables market was valued at $12,405 million in 2016, and is projected to reach $18,286 million by 2023, growing at a CAGR of 5.7% from 2017 to 2023. The solid wires segment was dominant, accounting for around half of the market share in 2016. Welding consumables are flux and filler materials that …
Welding Consumables Market To Witness Exponential Rise in Revenue Share During Forecast Period
The global welding consumables market generated $12.40 billion in 2016, and is estimated to reach $18.28 billion by 2023, registering a CAGR of 5.7% from 2017 to 2023. The report offers an extensive analysis of the changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario. Rise in the automotive and construction …