Friction stir welding market predicted to grow at 7.1 percent CAGR through 2025

According to a new report from Dublin-based Research and Markets, the global friction stir welding market is expected to grow at a CAGR of 7.1 percent from 2017 to 2025.

The Asia Pacific region accounts for more than 42 percent of the global market revenue. Growth in the manufacturing industry, especially in China and India, is expected to have a positive effect on the overall market demand in the region.

In terms of equipment type, fixed friction stir welding machines dominated the overall demand, while adjustable friction stir welding machines are expected to grow in popularity because of their ability to weld materials of varied thickness with accuracy and less manual work.

For more information, visit www.researchandmarkets.com/publication/mpikvfk/4431938.