SAN FRANCISCO, March 14, 2017 /PRNewswire/ --
The global welding products market is projected to reach a market size of USD 19.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to experience significant growth over the forecast period owing to rising demand from the Asia Pacific region.
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Welding products are consumed in various applications such as construction and building, transportation and automotive, marine, oil and gas, and others. Increasing investments in infrastructure development, especially in emerging economies, such as China and India, are fueling the demand for advanced technology, which in turn is leading to the growth of the market. Asia Pacific is expected to witness higher growth rates owing to rising demand from the automotive sector in these countries coupled with increased awareness pertaining to high- quality automotive components.
Building & construction industry dominated the market globally. The other key applications include transportation & automotive, marine, and others.
Browse full research report with TOC on "Welding Products Market Analysis, By Technology (Arc, Resistance, Oxy-fuel, Laser Beam), By Product (Stick Electrodes, Solid Wires, Flux-cored Wires), By End Use (Transportation & Automobiles, Building & Construction), And Segment Forecasts, 2013 - 2025" at: http://www.grandviewresearch.com/industry-analysis/global-welding-products-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global welding products market on the basis of technology, product, application and region:
Read Our Blog: http://www.grandviewresearch.com/blog/welding-products-market-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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