The extensive use of arc welding and oxy-fuel welding processes in the manufacturing of automobiles and machinery has generated considerable demand for flux and filler metals as welding consumables. As a result, the global market for welding consumables is expected to witness significant growth in 2017, reaching a market value of US$ 14,091.9 Mn at a y-o-y growth rate of 5.3% over 2016. Furthermore, the global demand for welding consumables will also be influenced by the rising trend of ... Read more

As per the latest report by IMARC Group, titled “Welding Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global welding consumables market size reached US$ 13.9 Billion in 2018. Welding consumables are flux and filler metals that are employed during welding. In this process, filler metals are initially melted to form a strong joint between two metals and the flux helps in preventing the oxidation of hot metals. As ... Read more