Technological Advancements and Workforce Skill Modernization Drive Welding Consumables Industry Performance Worldwide
The global welding equipment, accessories, and consumables market was valued at USD 16.61 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% through 2034. While this moderate expansion reflects structural maturity in developed economies, regional disparities reveal stark contrasts shaped by industrial policy, supply chain resilience, and infrastructure...
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