Soaring Construction Activities in Asia Pacific to Open Opportunities for Global Welding Products Market: TMR News
TMR states that the global welding products market was worth US$17.47 billion in 2013 and is estimated to be worth US$23.78 billion by 2020, displaying a 4.5% CAGR between 2014 and 2020.The burgeoning automotive industry, combined with the developing building and construction industry, predominantly in developing economies, is driving demand for welding products. Welding has extensive use in the automobile industry in the manufacture of numerous components and for complex operations. In the energy sector, wind energy holds a large...
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