A new industry report published by Research and Markets predicts the continued annual growth of the global welding materials market over the next 5 years.
The Welding Materials Market Research Report analyses data and trends, to give a global forecast to 2027, whilst also considering the cumulative impact which COVID-19 had on the industry.
The market, which was estimated to be worth $13.18bn USD in 2020, is projected to grow at a compound annual growth-rate (CAGR) of 6.42%, to reach $20.4bn USD by 2027.
In addition, the report provides further market insights, such as the increasing demand for welding operations across various industries; the effects of a significant rise in investments in infrastructure development; and the high adoption of welding robotics.
Asking such questions as ‘What is the competitive strategic window for opportunities in the market?’ and ‘What are the technology trends and regulatory frameworks affecting the market?’, this research examines 25 key global welding materials manufacturers and considers activity across the competitive landscape in the Americas, EMEA and APAC regions.
To purchase this report, visit https://www.researchandmarkets.com/r/9serkz