Welding Consumables Market Has Been Estimated to Account for US $8,295.4 Mn by 2026
The extensive use of arc welding and oxy-fuel welding processes in the manufacturing of automobiles and machinery has generated considerable demand for flux and filler metals as welding consumables. As a result, the global market for welding consumables is expected to witness a significant growth in 2016, reaching the market value of US$ 11,835.8 Mn at a y-o-y growth rate of 5.4% over 2015. Furthermore, the global demand for welding consumables will also be influenced by the rising trend of...
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