U.S. Welding Consumables Market to Reach USD 3.35 Billion by 2028; High Demand for Welding Solutions from Shipbuilding and Railway Industries to Propel Growth: Fortune Business Insights
Pune, India, May 20, 2021 (GLOBE NEWSWIRE) -- The U.S. welding consumables market is set to gain momentum from the need to reduce the weight of vehicles. Hence, manufacturers are employing fabric materials instead of metal parts to minimize sound pollution, lower emissions, and fuel consumption. Lincoln Electric, for instance, unveiled GTAW (TIG) cut lengths in September 2019. These would enable high-quality, clean welds with reduced welding fume and spatter. This information is given by Fortune Business Insights in a new report, titled, " U.S. Welding Consumables Market, 2021-2028 ." As per the report, the market size was USD 2.37 billion in 2020. It is projected to grow from USD 2.43 billion in 2021 to USD 3.35 billion in 2028 at a CAGR of 4.7 % in the forecast period. Request To Sample PDF Brochure : https:||www.fortunebusinessinsights.com|enquiry|request-sample-pdf|u-s-welding-consumables-market-105150 COVID-19 Pandemic: Declining Manufacturing Activities May Hamper Growth The outbreak of the COVID-19 pandemic has impacted the economy of the U.S. severely since January 2020.
U.S. Welding Consumables Market to Reach USD 3.35 Billion by 2028; High Demand for Welding Solutions from Shipbuilding and Railway Industries to Propel Growth: Fortune Business Insights
Pune, India, May 20, 2021 (GLOBE NEWSWIRE) -- The U.S. welding consumables market is set to gain momentum from the need to reduce the weight of vehicles. Hence, manufacturers are employing fabric materials instead of metal parts to minimize sound pollution, lower emissions, and fuel consumption. Lincoln Electric, for instance, unveiled GTAW (TIG) cut lengths in September 2019. These would enable high-quality, clean welds with reduced welding fume and spatter. This information is given by Fortune Business Insights in a new report, titled, " U.S. Welding Consumables Market, 2021-2028 ." As per the report, the market size was USD 2.37 billion in 2020. It is projected to grow from USD 2.43 billion in 2021 to USD 3.35 billion in 2028 at a CAGR of 4.7 % in the forecast period. Request To Sample PDF Brochure : https:||www.fortunebusinessinsights.com|enquiry|request-sample-pdf|u-s-welding-consumables-market-105150 COVID-19 Pandemic: Declining Manufacturing Activities May Hamper Growth The outbreak of the COVID-19 pandemic has impacted the economy of the U.S. severely since January 2020.