27-29 August, 2020
10th International Exhibition on
Cutting and Welding Materials
Equipment, Laser Technology,
Machine Tools and Allied Products

Pragati Maidan, New Delhi,
India

 

News

05 June 2018

The welding consumables market in India is expected to rise INR 45,366.6 mn by 2020

The welding consumables market in India is expected to rise INR 45,366.6 mn by 2020. On the basis of product, the stick electrodes segment is expected to lead and account for 46.6% of the market by 2020 in terms of volume. The self-shielding property of stick electrodes helps cut down on the cost of the equipment and this is driving their demand. By application, the automobile and transportation segment will lead and account for 26.9% of the market by volume.

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