Welding Electrode Market: Trends, Growth, and Future Outlook
Welding Electrode Market size is valued as a USD 5.45 Bn. market in the year 2023 and is expected to grow at 7.9% CAGR to become a USD 8.69 Bn. market by the year 2030.
The welding electrode market is a segment of the broader welding industry. A welding electrode is a consumable metal rod or wire that conducts electricity and is used in various welding processes to join two pieces of metal together.