Key Market Analysis of Handheld Welding Torch 2032
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The global handheld welding torch market size, estimated at USD 2.5 billion in 2023, is expected to reach USD 3.5 billion by 2032, growing at a CAGR of 4.2% from 2024 to 2032. Modern torches have been designed to be more efficient, lightweight, and user-friendly, making them popular across various industries. These torches are vital in construction projects, from small homes to large commercial buildings, and are essential in the automotive industry for manufacturing and repairing components, capable of welding various materials like stainless steel and aluminum.
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