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The global blowing torch market size is calculated at USD 349 million in 2024 and is predicted to reach around USD 563.09 million by 2034, expanding at a CAGR of 4.9% from 2024 to 2034.
The blowing torch market refers to the production, distribution, and use of this torch, which is a tool used to heat metal or remove paint from a surface by producing an extremely hot flame. Picture of a blowtorch. It is a gas torch with an intensely hot oxidizing flame that is used to cut metal by burning it. It is a smaller burner with a device to intensify combustion by means of a blast of oxygen or air. These torches are used for applying flame and heat to many applications, generally in metalworking but occasionally for foods. There is a high demand for these torches in industrial, commercial, and residential applications, which is driving the growth of the blowing torch market.
However, the risk factors of the market include regulatory complexities, technological advancement, high initial investment, and lack of skilled professionals, which can slow down the growth of the market. The future scope of the market includes expansion, increasing incorrectness of markets, supportive government policies and regulations, increasing consumer awareness, and advancement in technologies, which will help the growth of the blowing torch market.
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Stats ID: | 7846 |
Format: | Databook |
Published: | January 2025 |
Price | US$ 1550 |
Immediate Delivery
Stats ID: | 7846 |
Format: | Databook |
Published: | January 2025 |
Price | US$ 1550 |
Immediate Delivery
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