U.S. Welding Consumables Market Size Projected To Reach USD 2.39 Billion By 2028
San Francisco, 11 Oct 2021: The Report U.S. Welding Consumables Market Size, Share & Trends Analysis Report By Technology (Arc Welding, Oxy-fuel Welding), By Product (Stick Electrodes, Flux-cored Wires), And Segment Forecasts, 2021 - 2028 The U.S. welding consumables market size is expected to reach USD 2.39 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 2.3% from 2021 to 2028. The growing demand for the product due to rising automation in welding primarily in the automotive industry is expected to emerge as the primary growth driver for the market over the forecast period. The market is fragmented with the presence of a number of global and regional players due to the vast potential of consumable sales in the country. Several manufacturers in the market operate their businesses as integrated entities to cut down the overhead costs. This is expected to be a major barrier for new player...