Albany – New York, Sept. 30, 2015 (GLOBE NEWSWIRE) — Transparency Market Research has published a new report titled “Welding Consumables Market – Indonesia Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023.” According to the report, the Indonesia welding consumables market was valued at US$150.3 mn in 2014 and is anticipated to reach US$293 mn in 2023, expanding at a CAGR of 7.7% between 2015 and 2023. In terms of volume, the welding consumables market in Indonesia stood at 64.5 kilo tons in 2014.

Browse Market Research Report on Indonesia Welding Consumables Market: 

http://www.transparencymarketresearch.com/indonesia-welding-consumables-market.html

Welding, an effective and economical process, is employed widely in various industries such as automobile, building & construction, pipeline, and oil & gas. Growth of the welding industry is highly dependent on the consumption of steel in various end-use industries. Welding equipment and consumables are primarily used in the welding industry. Demand for welding consumables in Indonesia has been increasing significantly due to constant technology advancements and substantial growth in end-use industries.

Get Sample Report Copy of Indonesia Welding Consumables Market: 

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6739

Key end-use industries driving the welding consumables market in Indonesia include automobile, building & construction, power, and oil & gas. Furthermore, capacity addition and infrastructural development in power and oil & gas sectors are estimated to boost the demand for welding consumables in the country. Factors such as availability of raw materials and increasing competition from other countries in Asia, especially China, Japan, South Korea, and Malaysia, may hamper market growth. However, rise in investments resulting from the emerging scope of public-private partnership projects in Indonesia is likely to enhance the production and consumption of welding consumables in different end-user industries in Indonesia.

Browse Press Release of Indonesia Welding Consumables Market: http://www.transparencymarketresearch.com/pressrelease/indonesia-welding-consumables-market.htm

In terms of demand, stick electrodes accounted for more than 50% share of the welding consumables market in Indonesia in 2014. Flux-cored wires is anticipated to be one of the fastest growing product segments during the forecast period. Market shares of flux-cored wires and SAW wires and fluxes are estimated to increase during the forecast period due to rising implementation of emerging welding technologies in various end-user industries.

Other Reports Published by Transparency Market Research:

Automotive & transportation dominated the market for welding consumables in Indonesia in 2014 and accounted for over 20% of the share in the same year. Increase in domestic demand in the automotive industry coupled with growth in manufacturing activities for automotive and automotive parts in Indonesia is expected to further propel the demand for welding consumables in the near future. Automotive & transportation is estimated to be one of the fastest-growing segments of the welding consumables market in Indonesia from 2015 to 2023. Oil & gas, building & construction, and power sectors are the other major end-users of welding consumables in Indonesia.

The report includes profiles of leading companies such as Lincoln Electrical Holdings Inc., The Linde Group, Inc., PT. Ispat Indo, PT. Gapura Raya, PT. Alfa Metalindo Indonesia, P.T. Intan Pertiwi Industri, PT. Cahaya Las Mandiri, PT. Yontomo Sukses Abadi, Nikko Steel, and Voestalpine AG.

Browse Upcoming Market Research Reports:

The report segments the welding consumables market in Indonesia as follows:

Welding Consumables Market – Indonesia Product Analysis

  • Stick electrodes
  • Solid wires
  • Flux-cored wires
  • SAW wires & Fluxes
  • Others (Including gases, etc.)

Welding Consumables Market – Indonesia End User Analysis

  • Automotive & transportation
  • Building & construction
  • Marine
  • Power
  • Oil & gas
  • Others (Including maintenance and repair, etc.)

Browse All Other Chemical & Materials Research Reports: 

http://www.transparencymarketresearch.com/chemical-market-reports-2.html

About Us:

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

CONTACT: Mr. Nachiket Ghumare
         90 State Street, Suite 700
         Albany, NY 12207
         United States.
         Tel: +1-518-618-1030
         USA - Canada Toll Free: 866-552-3453
         Email: [email protected]
         Website: http://www.transparencymarketresearch.com
         Blog: http://www.tmrblog.com/