Press release
Welding Products Market Size, Growth Opportunities, Revenue Share Analysis And Forecast To 2030
‘Welding Products Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the welding products industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global welding products market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the global welding products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The welding products market consists of sales of welding products by entities (organizations, sole traders, and partnerships) that manufacture welding products that use a filler material in the welding process for joining metals such as stainless steel, aluminum, nickel, and copper alloys, cobalt, and titanium. Welding products are the materials or consumables that are used to carry out the welding process to create parts and finished products for a wide range of industries.
The global welding products market is expected to grow from $12.10 billion in 2020 to $13.31 billion in 2021 at a compound annual growth rate (CAGR) of 10%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The welding products market is expected to reach $18.08 billion in 2025 at a CAGR of 8%.
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Global welding products market segmentation in TBRC’s report is:
1) By Product: Stick Electrodes, Solid Wires, Flux Cored Wires, Saw Wires And Fluxes, Others
2) By Technology: Arc Welding, Resistance Welding, Oxy Fuel Welding, Laser Beam Welding, Others
3) By Application: Automotive And Transportation, Building And Construction, Marine, Others
Major players in the welding products market are The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works Inc, Kemppi Oy, Kiswel Inc., Obara Corporation, Senor Metals Pvt. Ltd., Tianjin Bridge Welding Materials Co. Ltd., ESAB, and Ador Welding Ltd.
Need More? Read Further On The Welding Products Market Here:
https://www.thebusinessresearchcompany.com/report/welding-products-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Welding Products Market Characteristics
3. Welding Products Market Trends And Strategies
4. Impact Of COVID-19 On Welding Products
5. Welding Products Market Size And Growth
.....
27. Welding Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Welding Products Market
29. Welding Products Market Future Outlook and Potential Analysis
30. Appendix
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