Global Welding Products Market Boosted by Booming Construction Industry; Market to Reach Us$23.8 Bn by 2020.Pdf

Transparency Market

Research

Welding Products Market- Global Industry Analysis,

Size, Share, Growth, Trends, Forecasts 2014 - 2020

Published Date

09-Sep-2014

122 Page Report

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Press Release

Global Welding Products Market Boosted by Booming Construction Industry;

Market to Reach US$23.8 bn by 2020:TMR

Transparency Market Research

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REPORT DESCRIPTION

Welding Products Market by Consumables (Stick Electrode, Solid Wires,

Flux-cored Wires, SAW Wires & Fluxes and Others) and Technology (Arc

Welding, Resistance welding, Oxy-fuel Welding, Laser-beam Welding and

Others) for Automobile & Transportation, Building & Construction, Marine

and Other Applications - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 - 2020

The global welding products market is progressing at a CAGR of 4.50% between 2014 and 2020. The market

was valued at US$17.4 bn in 2013 and is expected to reach US$23.8 bn by the end of 2020, according to a

research report released by Transparency Market Research, titled “Welding Products Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. The research reference is available on the

company website, along with the report for sale.

According to the report, the global welding products market is primarily driven by the booming construction

industry. Another end-use industry that has ramped up its demand for welding products is the growing

automotive industry. Both construction and automotive industries are rapidly expanding in developing

economies, giving rise to a bumper growth rate for the global welding products market in the coming years.

Both industries make extensive use of welding products. The global welding products market is also expected

to witness growth in demand from the energy sector, specifically...