The welding industry encompasses a broad range of joining techniques that include solid state welding, fusion welding, weldbonding, brazing, diffusion welding and soldering.

A recent report by Transparency Market Research surrounding the global welding products market has identified that the market was worth $17.47 billion in 2013 and is estimated to be worth $23.78 by 2020.

As the welding industry constantly evolves and develops products with new welding techniques, which advance technology, it is no surprise that the welding products market is estimated to be growing at a substantial rate of 4.5% between 2014 and 2020.