Global market for welding products to reach $25.1 billion by 2019

 While a very mature market, the global welding equipment and consumables market is poised for growth—particularly in the Asia-Pacific region. With many major companies from North America and Europe relocating to this region as well as setting up new joint ventures in various manufacturing fields, the Asia-Pacific market is booming. A steadily improving global economy, increasing R&D spending and a growing focus on automation will shape steady growth in this market for the foreseeable future.
  
BCC Research provides an in-depth analysis of the global welding products market through its report Welding Equipment and Supplies: The Global Market. According to the report, this market was valued at nearly $18.4 billion in 2013 and is expected to increase to $19.3 billion in 2014. BCC Research projects the market to grow to $25.1 billion by 2019, and register a five-year compound annual growth rate of 5.3% from 2014 to 2019.

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Use this report to:

• Gain an overview of the global market for welding products and related consumables.
• Analyze global market trends, with data from 2012 and 2013, estimates for 2014, and projections of CAGRs through 2019.
• Examine key information pertaining to machinery, filler materials, and accessories for various welding processes.
• Assess how the value of shipments at the manufacturing level fluctuates with the volume of metals consumed in the global industry.
• Review comprehensive company profiles of major players in the industry.

SAMPLE FIGURE

GLOBAL MARKET FOR WELDING PRODUCTS, 2012-2019

($ MILLIONS)

 

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