Product Code: ETC046864 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India welding consumables market is projected to reach a CAGR of 6.4% during the forecast period (2025-2031). The growth in this market can be attributed to the increasing demand for welding consumables from various end-use industries such as automotive, construction, and energy & power. An increase in infrastructure projects across India is also expected to propel the market growth over the forecast period.
Growing Infrastructure Projects: The Government of India has been pushing for more investments into infrastructure development in order to boost economic activity and improve connectivity between cities and rural areas. This has resulted in an increased demand for welding consumables from various sectors like manufacturing, transport, and communication. Increasing Industrial Automation: With technological advancements across industries, there has been an increased focus on maximizing efficiency through industrial automation by using robotic welders which require high quality welding consumables with superior properties that are resistant to corrosion and oxidation at different temperatures. This factor is expected to drive the demand for welding consumables over the coming years.
High Cost Associated with Welding Consumable Products: Welding products are expensive due to their advanced features such as corrosion resistance or high temperature stability required depending upon application requirements thus making them difficult for certain small scale companies/organizations which makes it difficult for them spread rapidly throughout all sectors of industry resulting in hindrance on sales volume of these products.
Some key players operating in this space include Lincoln Electric Company , Illinois Tool Works Inc., Voestalpine AG , Air Liquide S A , ITW Nippon Oil & Gas Pipe Co Ltd., Kobe Steel Limited , ESAB AB etc.
Due to pandemic lockdown imposed by government worldwide have disrupted supply chain activities across major markets including India causing decreased production output leading lack significant profits recorded by manufacturers coupled with decrease consumer spending pattern due inadequate job opportunities caused dip new orders thereby negatively impacting overall setup.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Welding Consumables Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Welding Consumables Market Revenues & Volume, 2021 & 2031F |
3.3 India Welding Consumables Market - Industry Life Cycle |
3.4 India Welding Consumables Market - Porter's Five Forces |
3.5 India Welding Consumables Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Welding Consumables Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.7 India Welding Consumables Market Revenues & Volume Share, By Welding Technique, 2021 & 2031F |
4 India Welding Consumables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Welding Consumables Market Trends |
6 India Welding Consumables Market, By Types |
6.1 India Welding Consumables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Welding Consumables Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Welding Consumables Market Revenues & Volume, By Stick Electrodes, 2021-2031F |
6.1.4 India Welding Consumables Market Revenues & Volume, By Solid Wires, 2021-2031F |
6.1.5 India Welding Consumables Market Revenues & Volume, By Flux Cored Wires, 2021-2031F |
6.1.6 India Welding Consumables Market Revenues & Volume, By SAW Wires & Fluxes, 2021-2031F |
6.2 India Welding Consumables Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 India Welding Consumables Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.3 India Welding Consumables Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 India Welding Consumables Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 India Welding Consumables Market Revenues & Volume, By Energy, 2021-2031F |
6.2.6 India Welding Consumables Market Revenues & Volume, By Heavy Machinery, 2021-2031F |
6.2.7 India Welding Consumables Market Revenues & Volume, By Shipbuilding, 2021-2031F |
6.3 India Welding Consumables Market, By Welding Technique |
6.3.1 Overview and Analysis |
6.3.2 India Welding Consumables Market Revenues & Volume, By Arc Welding, 2021-2031F |
6.3.3 India Welding Consumables Market Revenues & Volume, By Resistance Welding, 2021-2031F |
6.3.4 India Welding Consumables Market Revenues & Volume, By Oxy-fuel Welding, 2021-2031F |
6.3.5 India Welding Consumables Market Revenues & Volume, By Laser-beam Welding, 2021-2031F |
6.3.6 India Welding Consumables Market Revenues & Volume, By Others, 2021-2031F |
7 India Welding Consumables Market Import-Export Trade Statistics |
7.1 India Welding Consumables Market Export to Major Countries |
7.2 India Welding Consumables Market Imports from Major Countries |
8 India Welding Consumables Market Key Performance Indicators |
9 India Welding Consumables Market - Opportunity Assessment |
9.1 India Welding Consumables Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Welding Consumables Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.3 India Welding Consumables Market Opportunity Assessment, By Welding Technique, 2021 & 2031F |
10 India Welding Consumables Market - Competitive Landscape |
10.1 India Welding Consumables Market Revenue Share, By Companies, 2024 |
10.2 India Welding Consumables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |