| Product Code: ETC7556908 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s welding wire import shipments in 2024 were primarily sourced from Vietnam, South Korea, USA, China, and Malaysia, showcasing a diverse supplier base. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a moderate concentration level based on the Herfindahl-Hirschman Index (HHI). With a solid compound annual growth rate (CAGR) of 14.56% from 2020 to 2024, the welding wire market in India continues to exhibit promising expansion prospects supported by key importing countries.

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 Wire Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Welding Wire Market Revenues & Volume, 2021 & 2031F |
3.3 India Welding Wire Market - Industry Life Cycle |
3.4 India Welding Wire Market - Porter's Five Forces |
3.5 India Welding Wire Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Welding Wire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Welding Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India |
4.2.2 Growth in automotive and transportation sectors leading to higher demand for welding wire |
4.2.3 Adoption of advanced welding technologies in manufacturing industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Competition from substitute technologies such as adhesive bonding |
4.3.3 Stringent government regulations on emissions and safety standards affecting manufacturing processes |
5 India Welding Wire Market Trends |
6 India Welding Wire Market, By Types |
6.1 India Welding Wire Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Welding Wire Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Welding Wire Market Revenues & Volume, By Aluminum Welding Wire, 2021- 2031F |
6.1.4 India Welding Wire Market Revenues & Volume, By Carbon Steel Welding Wire, 2021- 2031F |
6.1.5 India Welding Wire Market Revenues & Volume, By Stainless Steel Welding Wire, 2021- 2031F |
6.1.6 India Welding Wire Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Welding Wire Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Welding Wire Market Revenues & Volume, By Construction and Bridge Industry, 2021- 2031F |
6.2.3 India Welding Wire Market Revenues & Volume, By Machinery Manufacturing Industry, 2021- 2031F |
6.2.4 India Welding Wire Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
7 India Welding Wire Market Import-Export Trade Statistics |
7.1 India Welding Wire Market Export to Major Countries |
7.2 India Welding Wire Market Imports from Major Countries |
8 India Welding Wire Market Key Performance Indicators |
8.1 Adoption rate of advanced welding technologies in key industries |
8.2 Percentage of infrastructure projects utilizing welding wire in their construction |
8.3 Rate of technological innovations in the welding wire industry |
8.4 Percentage of manufacturers implementing sustainable practices in welding wire production |
9 India Welding Wire Market - Opportunity Assessment |
9.1 India Welding Wire Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Welding Wire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Welding Wire Market - Competitive Landscape |
10.1 India Welding Wire Market Revenue Share, By Companies, 2024 |
10.2 India Welding Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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