Welding Consumables Market - Indonesia Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023
Welding is a sculptural process, wherein thermoplastics or metals are joined together with the help of coalescence. Filler metals are used during the course of welding. Flux is commonly employed to produce a shield of gas around the weld. This prevents oxidation of metals. Electrodes, filler metals, and fluxes are collectively known as welding consumables. Commonly used welding consumables for different welding processes in Indonesia include stick electrodes, flux-cored wires, solid wires, SAW wires & fluxes, and various welding gases and rods. Stick electrodes dominate the welding consumables market in Indonesia. These are designed for mild alloy and low alloy steel welding applications. Stick electrodes are used extensively in oil & gas and power sectors. Welding consumables are primarily employed in building & construction, automobiles & transportation, and marine industries. Together, these applications account for nearly 50% of the welding consumables market.
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This report provides detailed analysis and forecast of the welding consumables market in Indonesia from 2015 to 2023. On the country level, the market has been segmented based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023. Demand for welding consumables has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023 to provide in-depth understanding of the market at the country level. The report includes drivers and restraints along with their impact on the market growth during the forecast period. Furthermore, the study encompasses various opportunities for growth of the market at the country level.
The report thoroughly analyzes the value chain to provide detailed understanding of the market. Additionally, it covers Porter’s Five Forces Model, which offers an insight into the intensity of competition in the market. The study also comprises market attractiveness analysis, wherein various end-user industries are benchmarked based on their market size, growth rate, and general attractiveness.
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conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of our research efforts coupled with extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases, and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trade, Internet sources, trade associations, and statistical data from government websites as well as associated and authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants’ insights, and recognizing opportunities and growth.
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The market has been forecast based on constant currency rates. This report provides the size of the welding consumables market for 2014 and forecast for the next eight years. The size of the welding consumables market in Indonesia has been presented in terms of volume and revenue. Market volume and revenue have been estimated and forecast in kilo tons and US$ Mn, respectively. Various key products and end-user industries have been taken into consideration to estimate market numbers. Market size and forecast for each segment have been provided in the context of the market in Indonesia. The market has been segmented based on various products. Each segment has been analyzed and forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023. Additionally, segments have been analyzed and forecast based on current trends at the country level.
The report includes profiles of leading manufacturers and distributors operating in the welding consumables market in Indonesia. These include Lincoln Electrical Holdings Inc., The Linde Group, Inc., PT. Ispat Indo, PT. Gapura Raya, PT. Alfa Metalindo Indonesia, P.T. Intan Pertiwi Industri, PT. Cahaya Las Mandiri, PT. Yontomo Sukses Abadi, Nikko Steel, and Voestalpine AG.
The report segments the welding consumables market in Indonesia as follows:
Welding Consumables Market - Indonesia Product Analysis
- Stick electrodes
- Solid wires
- Flux-cored wires
- SAW wires & Fluxes
- Others (Including gases, etc.)
Welding Consumables Market - Indonesia End User Analysis
- Automotive & transportation
- Building & construction
- Oil & gas
- Others (Including maintenance and repair, etc.)
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