Welding Consumables Market - Forecast(2022 - 2027) - PowerPoint PPT Presentation

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Welding Consumables Market - Forecast(2022 - 2027)

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Welding Consumables Market size is forecast to reach $13.9 million by 2025, after growing at a CAGR of 5.9% during 2020-2025, owing to the increasing demand for welding equipment and consumables from various end-use industries such as automotive & transportation, aerospace & defense, building & construction, and more. The demand for welding consumables is increasing in varied industries as it is the most efficient method to obtain reliable, precise, cost-effective joints in manufacturing industries. – PowerPoint PPT presentation

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Title: Welding Consumables Market - Forecast(2022 - 2027)


1
Welding Consumables Market - Forecast(2022 -
2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Welding Consumables Market size is forecast
    to reach 13.9 million by 2025, after growing at
    a CAGR of 5.9 during 2020-2025, owing to the
    increasing demand for welding equipment and
    consumables from various end-use industries such
    as automotive transportation, aerospace
    defense, building construction, and more. The
    demand for welding consumables is increasing in
    varied industries as it is the most efficient
    method to obtain reliable, precise,
    cost-effective joints in manufacturing
    industries.
  • All these factors are anticipated to drive the
    welding consumables market substantially during
    the forecast period.

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3
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  • Key Takeaways from this Report
  • Asia Pacific dominates the welding consumables
    market, owing to the increasing demand for
    welding from the automotive industries to
    manufacture parts of the automobiles. According
    to OICA, the production of light commercial
    vehicles has augmented by 10.2  in 2018 in the
    APAC region.
  • Welding is a reliable, precise, high-tech, and
    cost-effective method for joining materials, such
    as metals and alloys, efficiently in various
    manufacturing industries.

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By Distribution Channel- Segment Analysis The
automotive and transportation application held
the largest share in the welding consumables
market in 2019 and is growing at a CAGR of 7.5,
owing to the wide usage of welding consumables in
the automotive industry for nearly every new
vehicle design. In the automobile industry,
welding consumables are used in the production of
lightweight and high-quality vehicle parts.
Improvements in the safety features of vehicles,
along with evolving automobile designs, have
escalated the sales of automobiles, thereby
bolstering the growth of the welding consumables
market. 
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  • Welding Consumables Market Industry Outlook
  • Ador Welding Ltd.,
  • Arcon Welding Equipment, LLC.,
  • AV Weldtech Pvt. Ltd.,
  • Denyo Co., Ltd., EWAC Alloys Ltd., GEE Limited,
  • INOX Air Products Private Limited,
  • Ketan Corporation,
  • Praxair Incorporated,
  • Precision Weldarc Limited,
  • The Linde Group,
  • Welmet Technologies Private Limited

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Welding Consumables Market - Forecast(2022 -
2027) Learn More
About the Report _at_ https//www.industryarc.com/
Report/16413/welding-consumables-market.html
Inquiry Before Buying
Email sales_at_industryarc.com
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.co
    m/purchasereport.php?id16413

Inquiry Before Buying
Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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