Welding Consumables (Stick Electrode, Solid Wires, Flux-cored Wires, SAW Wires & Fluxes and Others) - India Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

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Oct 29, 2015, 05:20 ET

LONDON, Oct. 29, 2015 /PRNewswire/ -- The welding industry in India has been expanding due to growth in end-use industries such as automobile & transportation, and building & construction. The welding consumables market accounts for a significant share in the welding industry compared to welding equipment and welding services.

The research study analyzes, estimates and forecasts the welding consumables market in India. The market estimates and forecasts are provided in terms of volume (Kilo Tons) and revenue (INR Mn). The study segments the welding consumables market based on product type, applications and key regions. Major product types included are stick electrodes, solid wires, magnesium, flux cored wires, SAW wires and fluxes, and others such as gases. Key application segments included are automobile & transportation, building & construction, marine applications, power sector, oil & gas, wear plate and other applications such as repair & maintenance, and pipelines among others.

Industry analysis in the research study provides a comprehensive understanding of each player in the value chain of the welding consumables market. Additionally, the study focuses on key driving and restraining factors in the welding consumables market in India, with impact analysis of each factor. Industry analysis of welding consumables also highlights key opportunities for the market in the near future. The research study analyzes the competition in the welding consumables industry with the help of Porter's Five Forces model. The study also includes a separate chapter on analysis of raw materials such as metals and ferro alloys.

The report profiles key companies in the welding consumables market such as ESAB, Lincoln Electric Company, Voestalpine AG, Ador Welding Ltd., Honavar Electrode, D & H Welding Electrode Ltd, and D&H Sécheron. The report also includes company profiles of key raw material suppliers such as Jayesh Group, Tata Steel Ltd, and Indian Metals & Ferro Alloy Ltd. Company profiles include parameters such as company overview, product portfolio, financial overview, business strategies and recent developments.

Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights and recognizing business opportunities. Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases, and relevant patent, regulatory databases, national government documents, statistical databases and market reports, news articles, press releases and webcasts specific to companies operating in the market. Secondary research sources referred for the study of welding consumables are Update Magazine, The Department of Scientific and Industrial Research (DSIR), The Indian Ferro Alloy Producers Association (IFAPA), Welding Design & Fabrication, Steel Manufacturers Association, and International Aluminum Institute among others.

The report segments the welding consumables market in India as:

Welding Consumables Market & India Product Segment Analysis

Stick electrodes
Solid wires
Flux-cored wires
SAW wires and fluxes
Others (Including gases, etc.)

Welding Consumables Market – India Application Analysis

Automobile & transportation
Building & construction
Marine
Power sector
Oil & gas
Wear plate
Others (Including repair and maintenance, etc.)
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