Welding Products Market 2021-2030: A brief review of Trends, Share, Size, CAGR, Detailed Analysis (COVID-19), etc.
Welding Products Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the welding products industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected welding products market growth numbers 2021-2030.
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The Welding
Products Global Market Report 2020-30 by The Business Research Company provides
an in-depth analysis of the global welding products market and covers both the
historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The
report evaluates the market and major economies across the regions
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
The Welding
Products Global Market Report 2021 covers welding products market drivers, welding
products market trends, welding products market growth rate, welding products market
major players, player-adopted strategies in the market, and welding products market
size.
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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The report covers the welding products market segments-
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
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