Product Code: ETC352824 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India Welding Products Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.47% in 2025, the market peaks at 12.88% in 2027, and settles at 11.35% by 2029.
The market size of welding products in India was estimated at USD 1.30 billion in 2025 and is expected to reach a value of USD 2.14 billion, growing at a CAGR of 8.6% during the forecast period. The increasing demand from industrial sectors such as automotive, construction, energy & power and other industries has driven the growth of welding products in India over the years.
The India welding products market is driven by various factors that contribute to the country`s industrial and infrastructural development. One of the primary drivers is the growing demand from key end-user industries such as automotive, construction, and manufacturing. Welding products, including welding electrodes, wires, and consumables, are crucial in these sectors for joining and fabricating metal components, contributing to the expansion of the welding products market. Moreover, the government`s initiatives aimed at infrastructure development, such as the "Make in India" campaign, have further boosted the demand for welding products. The emphasis on building and upgrading infrastructure has created a surge in demand for welding equipment and consumables, driving market growth. Additionally, advancements in welding technologies and the increasing adoption of automation and robotics in manufacturing processes have led to a demand for specialized welding products that cater to these modern techniques. The constant innovation and development of welding products to meet the evolving industry needs are driving market growth in India.
The India welding products market faces several challenges that impact its growth and development. One of the primary challenges is the fluctuating raw material prices. The cost of metals and alloys used in welding electrodes, wires, and other consumables can be volatile, leading to uncertainty in manufacturing costs and pricing strategies. Manufacturers need to navigate these price fluctuations while ensuring product affordability and competitiveness. Moreover, the availability of skilled labor is a significant challenge in the welding products market. Welding requires expertise and precision, and the shortage of skilled welders can hinder production capacity and quality. Companies often invest in training and skill development programs to address this challenge and maintain a skilled workforce.
The India welding products market witnessed both challenges and opportunities amidst the COVID-19 pandemic. During the initial stages of the pandemic, the market experienced disruptions in supply chains due to restrictions on transportation and manufacturing activities. This led to shortages of raw materials and welding consumables, affecting production capacity. Additionally, the lockdown measures and social distancing guidelines hampered construction and manufacturing projects, leading to reduced demand for welding products. However, as the economy gradually reopened, the construction and manufacturing sectors started recovering, driving the demand for welding products. Moreover, the need for welding products in essential sectors such as healthcare, infrastructure, and energy remained steady, providing a lifeline for the market during the pandemic. Manufacturers also focused on developing innovative and automated welding solutions to address labor shortages and maintain efficiency. As the economy continues to recover, the welding products market is expected to witness steady growth with increasing industrial activities.
In the India welding products market, some key players have established themselves as prominent suppliers of welding equipment, consumables, and services. Companies such as Ador Welding Limited, Esab India Limited, Lincoln Electric India Pvt. Ltd., and Kemppi India Pvt. Ltd. are among the leading players in the industry. These companies offer a wide range of welding machines, electrodes, wires, and accessories catering to various welding applications in sectors like automotive, construction, energy, and manufacturing. Their strong distribution networks, technical expertise, and focus on product innovation have enabled them to maintain a competitive edge in the market.
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 Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Welding Products Market Revenues & Volume, 2021 & 2031F |
3.3 India Welding Products Market - Industry Life Cycle |
3.4 India Welding Products Market - Porter's Five Forces |
3.5 India Welding Products Market Revenues & Volume Share, By Product Analysis, 2021 & 2031F |
3.6 India Welding Products Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Welding Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Welding Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Welding Products Market Trends |
6 India Welding Products Market, By Types |
6.1 India Welding Products Market, By Product Analysis |
6.1.1 Overview and Analysis |
6.1.2 India Welding Products Market Revenues & Volume, By Product Analysis, 2021-2031F |
6.1.3 India Welding Products Market Revenues & Volume, By SAW wires fluxes, 2021-2031F |
6.1.4 India Welding Products Market Revenues & Volume, By Solid wires, 2021-2031F |
6.1.5 India Welding Products Market Revenues & Volume, By Flux-cored wires, 2021-2031F |
6.1.6 India Welding Products Market Revenues & Volume, By Stick electrodes, 2021-2031F |
6.2 India Welding Products Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Welding Products Market Revenues & Volume, By Oxy-fuel welding, 2021-2031F |
6.2.3 India Welding Products Market Revenues & Volume, By Arc welding, 2021-2031F |
6.2.4 India Welding Products Market Revenues & Volume, By Resistant welding, 2021-2031F |
6.2.5 India Welding Products Market Revenues & Volume, By Laser beam welding, 2021-2031F |
6.2.6 India Welding Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Welding Products Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Welding Products Market Revenues & Volume, By Building Construction, 2021-2031F |
6.3.3 India Welding Products Market Revenues & Volume, By Automobiles Transportation, 2021-2031F |
6.3.4 India Welding Products Market Revenues & Volume, By Marine, 2021-2031F |
6.3.5 India Welding Products Market Revenues & Volume, By Offshore, 2021-2031F |
6.3.6 India Welding Products Market Revenues & Volume, By Others, 2021-2031F |
7 India Welding Products Market Import-Export Trade Statistics |
7.1 India Welding Products Market Export to Major Countries |
7.2 India Welding Products Market Imports from Major Countries |
8 India Welding Products Market Key Performance Indicators |
9 India Welding Products Market - Opportunity Assessment |
9.1 India Welding Products Market Opportunity Assessment, By Product Analysis, 2021 & 2031F |
9.2 India Welding Products Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Welding Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Welding Products Market - Competitive Landscape |
10.1 India Welding Products Market Revenue Share, By Companies, 2024 |
10.2 India Welding Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |