EMEA Welding Consumables Market Will Be Worth of US$ 4.55 Bn in 2020, Expanding at a CAGR of 4.3% by 2020
The EMEA welding consumables market is moderately consolidated and the top four players accounted for nearly 40% of the overall market in 2013. The top four players are ESAB, Lincoln Electric, ITW, and Voestalpine AG. To stay ahead in the competition, companies are investing in the innovation and development of new grades of welding consumables, finds Transparency Market Research (TMR) in a new study.
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