The Welding Electrodes Industry was estimated to be worth USD 3.3 billion in 2022 and is projected to reach USD 4.21 billion by 2030, with a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2023 to 2030.This industry plays a vital role in various sectors, including construction, automotive, and manufacturing, where welding is a fundamental process. The steady growth in demand for welding electrodes can be attributed to the increasing need for infrastructure development, the expansion of the automot...
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