Brazing Consumables Market is projected to grow USD 15.57 billion by 2028 at a CAGR of 3.3 %
The Brazing Consumables Market is projected to grow from USD 11.33 billion in 2020 to USD 15.57 billion by 2028 at a CAGR of 3.3 % during the forecast period. The Brazing Consumables Market is surging with an increasing tendency toward combining two different metals, rising fabrication, demand for novel and bespoke metal shapes or designs, and utilization in other intensive industries such as automotive, manufacturing, and oil and gas. Other important reasons driving the market's growth include primarily resistance spot and plasma welding, the introduction of numerous welding technologies, as well as the widespread implementation of robotic welding solutions. In September 2019, Yaskawa Motoman announced the ArcWorld 50 Series, which is equipped with sophisticated welding functionalities such as weld inspection and process monitoring. Furthermore, the welding sector is being boosted by manufacturers' ongoing creation of improved grades of raw materials with novel properties. Re