According to Cognitive Market Research, The Global Welding Wire Market size is USD 10.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030.
The Welding Wire market flourishes as it plays a pivotal role in global industrial and infrastructure growth, supporting construction, manufacturing, and repair processes amid increased urbanization and substantial investments in mega projects.
Solid Gas Metal Arc Welding (GMAW) Wire emerges as the dominant force in the Welding Wire market.
Fabrication stands as the dominant category in the Welding Wire market
Asia Pacific Welding Wire will continue to lead, whereas the North American Welding Wire Market will experience the most substantial growth until 2030.
