According to a new market report published by Transparency Market Research titled “ Welding Consumables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2026 ,” the global welding consumables market is expected to reach a value of US$ 25,245.37 Mn by 2026 at a CAGR of 10.6%. The Asia Pacific welding consumables market is projected to observe the highest growth during the forecast period.The market witnessed considerable growth due to increased demand in construction, manufacturing industries etc. The welding consumables market is influenced by market dynamics with the prime driving factor of increase in rapid growth of end-use industries such as construction, manufacturing, automotive & transportation, oil & gas, and power generation. Additionally, evolving automobile designs coupled with the addition of new safety features in them is offering significant opportunity to new welding techniques, thereb...