Sri Lanka News Search:
Stay Connected
Sponsored Links
Sri Lanka Explorer
Subscribe our Newsletter and receive great deals.


Indonesia Welding Consumables Market: Cheap Imports from Neighboring Countries Heating Up Competition, finds TMR

The Indonesia welding consumables market is a moderately consolidated one. The top five players in the market accounted for 57.3% share in the market in 2014. Those top five names are LincolnElectricalHoldings,Inc., NikkoSteel, Voestalpine Bohler Welding GmbH, P.T. Intan Pertiwi Industri, and PT. Ispat Indo. Among them, Lincoln Electrical Holding, Inc. was the ahead of all in terms of market share in 2014.


In the Indonesia welding consumables market, the companies compete strongly against each other through product differentiation, joint ventures, and strategic alliances. The market is also characterized by the presence of numerous small regional players. This coupled with cheap imports from neighboring countries such as China, Japan, and South Korea has further intensified the competitive atmosphere in Indonesia market. Another major factor responsible for heating up the competition is the high threat of new entrants, who have it relatively easy due to comparatively lower amount of capital required in the business.


Get Free PDF Research Brochure for more Professional and Technical Insights:


Expanding at a CAGR of 7.7% from 2015 to 2023, the Indonesia welding consumables market is slated to clock in a revenue of US$293 mn in 2023 from US$150.3 mn in 2014.


Substantial Capacity Addition in Power Sector Boosting Growth


One of the main drivers in the market is the extensive capacity addition in the power sector in Indonesia, which is anticipated to generate substantial demand for welding consumables in the country. The swiftly reviving manufacturing sector in the nation is also upping demand in the market significantly. The analyst of the report explains, “The manufacturing sector in Indonesia is being driven by a strong domestic consumer base despite the unfavorable global economic environment. The manufacturing sector accounted for the major share of 25.54% of the country’s GDP in 2014. Manufacturing output is increasing due to the rising population and expansion in the middle class population in Indonesia.


Growth in the manufacturing sector in the country is estimated to drive the domestic welding consumables market driven by cheap labor and strong trade relations with other ASEAN economies and key economies such as China, Japan, and South Korea.”


Stick Electrodes to Pare Market Share due to Looming Product Life Cycle Maturity


The welding consumables market in Indonesia can be segmented on the basis of product into stick electrodes, flux-cored wires, SAW wires and fluxes, solid wires, and others such as gases, rods, etc. Among them, stick electrodes dominates the market with slightly over half the share in it. Going forward, however, it would likely pare its market share marginally as it has almost reached its product life cycle maturity. In terms of revenue, the Indonesia stick electrode market was worth US$83.6 mn in 2015.


Browse Market Research Report with ToC & Free Analysis :


Among end users, automotive and transportation dominates the market for Indonesia welding consumables. In the next couple of years, it is slated to exhibit maximum pace of growth too. It is followed by the oil and gas sector, which in the near future is anticipated to trim its share in the market on account of declining oil drilling activities in the nation. Building and construction comes in third vis-à-vis market share. In terms of growth rate, however, the power sector would clock maximum rate after automotive and transportation sector on the back of robust domestic demand for electricity.


This review is based on the findings of a TMR report titled “Welding Consumables - Indonesia Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023.”


Indonesia Welding Consumables Market, by Product

  • Stick electrodes

  • Solid wires

  • Flux-cored wires

  • SAW wires & Fluxes

  • Others (Including gases, etc.)


Indonesia Welding Consumables Market, by End User

  • Automotive & transportation

  • Building & construction

  • Marine

  • Power

  • Oil & gas

  • Others (Including maintenance and repair, etc.)


About Us


Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



 TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Add comment

Security code

AddThis Social Bookmark Button

Event Calendar

May 2021
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5
Select Category
No events
No events
No events