According to the latest report of IMARC Group entitled "Indian Welding Consumables Market: Industry Trends, Share, Scale, Growth, Opportunities and Forecasts 2021-2026", the size of the Indian welding consumables market is currently showing a moderate growth during 2015-2020. Looking ahead, IMARC Group expects that the market will experience moderate growth during the period 2021-2026. Welding consumables refer to various fluxes and filler metals used to join metals and thermoplastics through welding. The flux prevents the metal from oxidizing, and the filler material is melted to fix the joint of the object. Some commonly used welding consumables include flux cored wire, welding rod, and submerged arc welding (SAW) wire. These are usually made of nickel, iron, steel, copper, aluminum, brass, bronze, rutile and other coating materials. Welding consumables are widely used in construction, energy, automotive, transportation and marine industries.
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India's booming manufacturing industry has mainly promoted the growth of the welding consumables market. This can be attributed to rapid industrialization and urbanization, which has led to an increasing demand for improved infrastructure throughout the country. Accompanying this is the increase in car sales that has strengthened the use of laser and ultrasonic welding technology in the manufacture of electric, lightweight and high-quality auto parts, which is supporting market growth. In addition, the material is widely used in the expanding energy sector for power plant maintenance activities and manufacturing on-site storage tanks, creating positive prospects for the country's market.
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