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3 Introduction An electrode is a metal wire that is coated. It is made out of materials with a similar composition to the metal being welded. Welding electrodes are installed in the weld head to touch and maintain contact with the work pieces through the full weld schedule. The welding electrodes play three different roles in resistance welding: maintaining uniform current density, concentrating current at welding points, and maintaining thermal balance during welding.
4 Welding electrodes are used for Arc welding purposes. The electrode is coated with the flux. Although electrodes are produced in different gauges, for the purpose of calculation for financial implications of technical details, the assumption has been made for the production of electrodes of 4mm diacore rods. The electrodes are used for fabrication work for joining the steel, alloy steel and cast iron parts for hard facing of jobs etc.
5 Welding is used to joining two or more metals or thermoplastics permanently with help of coalescence. Many energy sources are used for weldings such as molten metal baths, electric arcs, gas flames, electric resistance, friction, lasers and ultrasound. There are solid states welding processes like friction welding or shielded active gas welding which is widely applied because in these processes metal does not melt. Welding products are used in various end-user industries like marine, building & contractions, automobile, offshore and others.
6 Market Outlook On the basis of welding consumables, the global welding consumables market can be segmented into stick electrodes, solid wires, flux cored wires, SAW wires & fluxes, and others. The stick electrodes segment accounted for 40.5% value share in 2016 and is expected to expand at a significant CAGR over the forecast period. On the basis of application, the global welding consumables market can be segmented into automotive & transportation, building & construction, marine applications, and others.
7 The building & construction segment accounted for 16.8% value share in 2016 and is expected to expand at a CAGR of 5.9% over the forecast period, due to increasing building and construction activities in emerging countries such as China and India. The welding industry in India comprises various large, medium and small companies that manufacture welding consumables.
8 Global Welding Consumables Market Value, By Welding Consumables, 2017 (US$ Mn)
9 Demand for welding consumables is directly proportional to steel production in the country. End-use industries such as transportation, building & construction, oil & gas, and power are likely to drive the welding consumables market in India in the near future. However, factors such as inconsistent supply of quality raw materials, shortage of skilled labor and competition from international companies may hamper market growth during the forecast period. Welding stick
10 Welding stick electrodes dominated the welding consumables market in India. Stick electrodes are primarily used in manual welding and are a low cost alternative to other types of welding consumables products. The demand for welding consumables in India is likely to experience strong growth owing to the incessant advancements in technology and extensive growth of the end-use industries. The Indian welding consumables market is likely to rise at a 5.6% CAGR between 2014 and The market was worth INR bn in 2013 and is likely to rise at a valuation of INR bn by the end of 2020.
11 The global welding products market size was estimated at USD billion in 2015 and is expected to witness significant growth over the forecast period. The factors can be attributed to rising demand from key application segments such as building and construction, transportation and automobiles, and marine.
12 During the period , the global market is expected to grow at a CAGR of 5.3% to reach USD billion by This growth can be credited to rapid urbanization and infrastructure development especially from emerging economies such as India, China, and others. Asia Pacific and Europe together account for more than 53% of global market size. Rapid infrastructural development and technological advancements in the automotive industry are expected to encourage demand over the forecast period.
13 U.S. Welding Products Market, By Product, (USD Million)
14 Cost Estimation: Capacity: Plant and Machinery cost: Cost of Project: 1200 MT/Annum (Welding Rods) 21 Lakhs 165 Lakhs Rate of Return (ROR): 49% Break Even Point (BEP): 40%
15 Major Queries/Questions Answered in the Report? 1. What is Welding Electrode Manufacturing industry? 2. How has the Welding Electrode Manufacturing industry performed so far and how will it perform in the coming years? 3. What is the Project Feasibility of Welding Electrode Manufacturing Plant? 4. What are the requirements of Working Capital for setting up Welding Electrode Manufacturing plant?
16 5. What is the structure of the Welding Electrode Manufacturing Business and who are the key/major players? 6. What is the total project cost for setting up Welding Electrode Manufacturing Business? 7. What are the operating costs for setting up Welding Electrode Manufacturing plant? 8. What are the machinery and equipment requirements for setting up Welding Electrode Manufacturing plant?
17 9. Who are the Suppliers and Manufacturers of Plant & Machinery for setting up Welding Electrode Manufacturing plant? 10. What are the requirements of raw material for setting up Welding Electrode Manufacturing plant? 11. Who are the Suppliers and Manufacturers of Raw materials for setting up Welding Electrode Manufacturing Business? 12. What is the Manufacturing Process of Welding Electrode?
18 13. What is the total size of land required for setting up Welding Electrode Manufacturing plant? 14. What will be the income and expenditures for Welding Electrode Manufacturing Business? 15. What are the Projected Balance Sheets of Welding Electrode Manufacturing plant? 16. What are the requirement of utilities and overheads for setting up Welding Electrode Manufacturing plant? 17. What is the Built up Area Requirement and cost for setting up Welding Electrode Manufacturing Business?
19 18. What are the Personnel (Manpower) Requirements for setting up Welding Electrode Manufacturing Business? 19. What are Statistics of Import & Export for Welding Electrode? 20. What is the time required to break-even of Welding Electrode Manufacturing Business? 21.What is the Break-Even Analysis Welding Electrode Manufacturing plant? 22.What are the Project financials of Welding Electrode Manufacturing Business?
20 23. What are the Profitability Ratios of Welding Electrode Manufacturing Project? 24. What is the Sensitivity Analysis-Price/Volume of Welding Electrode Manufacturing plant? 25. What are the Projected Pay-Back Period and IRR of Welding Electrode Manufacturing plant? 26. What is the Process Flow Sheet Diagram of Welding Electrode Manufacturing project?
21 27. What are the Market Opportunities for setting up Welding Electrode Manufacturing plant? 28. What is the Market Study and Assessment for setting up Welding Electrode Manufacturing Business? 29. What is the Plant Layout for setting up Welding Electrode Manufacturing Business?
22 Table of Contents of the Project Report
23 1. DISTRICT PROFILE & GEOTECHNICAL SITE CHARACTERIZATION 1.1. GENERAL 1.2. PHYSICAL CHARACTERISTICS 1.3. CLIMATE 1.4. TRANSPORTATION AND COMMUNICATIONS 1.5. MAP 1.6. ECONOMY 1.7. CULTURE & ATTITUDES 2. INTRODUCTION 2.1. BASIC WELDING CIRCUIT 3. USES & APPLICATIONS 4. PROPERTIES AND CHEMICAL INGREDIENTS 5. ELECTRODE IDENTIFICATION, SIZES & AMPS USED 6. WELDING ELECTRODE CLASSIFICATIONS
24 6.1. MILD STEEL COATED ELECTRODES 6.2. CLASSIFICATION TABLE 6.3. LOW ALLOY STEEL COATED ELECTRODES 6.4. ELECTRODE TYPES 7. B.I.S. SPECIFICATION 7.1. IS : SPECIFIES METAL POWDERS FOR WELDING ELECTRODES IS : WELDING ELECTRODES & RODS FOR ARC WELDING OF STRUCTURAL STEEL 7.3. IS : COVERED ELECTRODES FOR METAL ARC WELDING OF STRUCTURAL STEEL. 8. MARKET SURVEY 8.1. WELDING MACHINERY AND ELECTRODES 8.2. WELDING ELECTRODES AND ACCESSORIES 8.3. MARKET STRUCTURE 8.4. GLOBAL MARKET
25 9. FINANCIALS & COMPARISON OF MAJOR INDIAN PLAYERS/COMPANIES 9.1. ABOUT FINANCIAL STATEMENTS OF CMIE DATABASE 9.2. PROFITS & APPROPRIATIONS 9.3. TOTAL LIABILITIES 9.4. TOTAL ASSETS 9.5. NET CASH FLOW FROM OPERATING ACTIVITIES 9.6. SECTION I Name of Company with Contact Details Name of Director(s) Plant Capacity Location of Plant Name of Raw Material(s) Consumed with Quantity & Cost 9.7. SECTION II Assets Cash Flow Cost as % Ge of Sales Forex Transaction Growth in Assets & Liabilities Growth in Income & Expenditure
26 Income & Expenditure Liabilities Liquidity Ratios Profitability Ratio Profits Return Ratios Structure of Assets & Liabilities (%) Working Capital & Turnover Ratios 10. EXPORT & IMPORT STATISTICS DATA EXPORT STATISTICS DATA FOR WELDING ELECTRODE IMPORT STATISTICS DATA FOR WELDING ELECTRODE 11. PRESENT MANUFACTURERS 12. SPECIFICATIONS FOR WELDING RODS AND ELECTRODES LIST OF RAW MATERIALS 13. SPECIFICATION FOR THE BASE META 14. DIFFERENT WELDING PROCESS
27 15. MANUFACTURING PROCESS 16. THE PROCESS DESCRIPTION 17. PROCESS FLOW DIAGRAM 18. LABORATORY AND TESTING SECTION 19. SUPPLIERS OF RAW MATERIAL 20. SUPPLIERS OF PLANT & MACHINERY COMPLETE MACHINERY SUPPLIERS 21. PLANT LAYOUT 22. PRODUCT & MACHINERY PHOTOGRAPHS PRODUCT PHOTOGRAPHS MACHINERY PHOTOGRAPHSS 23. QUOTATION OF PLANT, MACHINERY AND EQUIPMENTS FROM SUPPLIER
28 Project Financials Project at a Glance Annexure Assumptions for Profitability workings..1 Plant Economics..2 Production Schedule 3 Land & Building. 4 Factory Land & Building Site Development Expenses
29 Plant & Machinery....5 Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.) Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies Working Capital Requirement Per Month. 7 Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
30 Overheads Required Per Month and Per Annum.. 8 Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses Salary and Wages Turnover Per Annum Share Capital...11 Equity Capital Preference Share Capital
31 Annexure 1 :: Cost of Project and Means of Finance Annexure 2 :: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
32 Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process Annexure 4 :: Sources and Disposition of Funds
33 Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets) Annexure 6 :: Profitability Ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
34 Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Variable/Semi-Fixed Expenses Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
35 Annexure 8 to 11 :: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
36 Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
37 Annexure 14 :: Product wise Domestic Sales Realisation Annexure 15 :: Total Raw Material Cost Annexure 16 :: Raw Material Cost per unit Annexure 17 :: Total Lab & ETP Chemical Cost Annexure 18 :: Consumables, Store etc. Annexure 19 :: Packing Material Cost Annexure 20 :: Packing Material Cost Per Unit
38 Annexure 21 :: Employees Expenses Annexure 22 :: Fuel Expenses Annexure 23 :: Power/Electricity Expenses Annexure 24 :: Royalty & Other Charges Annexure 25 :: Repairs & Maintenance Expenses Annexure 26 :: Other Manufacturing Expenses Annexure 27 :: Administration Expenses Annexure 28 :: Selling Expenses
39 Annexure 29 :: Depreciation Charges as per Books (Total) Annexure 30 :: Depreciation Charges as per Books (P & M) Annexure 31 :: Depreciation Charges - as per IT Act WDV (Total) Annexure 32 :: Depreciation Charges - as per IT Act WDV (P & M) Annexure 33 :: Interest and Repayment - Term Loans Annexure 34 :: Tax on Profits Annexure 35 :: Projected Pay-Back Period and IRR
40 Reasons for Buying our Report: This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product This report provides vital information on the product like it s characteristics and segmentation This report helps you market and place the product correctly by identifying the target customer group of the product
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43 Scope of the Report The report titled Market Survey cum Detailed Techno Economic Feasibility Report on Welding Electrode provides an insight into Welding Electrode market in India with focus on uses and applications, Manufacturing Process, Process Flow Sheets, Plant Layout and Project Financials of Welding Electrode project. The report assesses the market sizing and growth of the Indian Welding Electrode Industry. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line. And before diversifying/venturing into any product, they wish to study the following aspects of the identified product:
44 Good Present/Future Demand Export-Import Market Potential Raw Material & Manpower Availability Project Costs and Payback Period We at NPCS, through our reliable expertise in the project consultancy and market research field, have demystified the situation by putting forward the emerging business opportunity in the Welding Electrode sector in India along with its business prospects. Through this report we have identified Welding Electrode project as a lucrative investment avenue.
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46 Welding Electrodes Production Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Electrode Manufacturing Industry in India, Stick Electrodes Production, Manufacturing of Stick Electrodes, Stick Electrodes Manufacturing industry, How to Start Stick Electrodes Manufacturing Business, Weld Rods Production, Manufacturing Plant of Weld Rods, How to Start Weld Rods Manufacturing Industry, Production of Weld Rods, How to Manufacture of Weld Rods? Manufacturing of Weld Rods, Weld Rods Production Plant, Weld Rods Manufacturing Plant, Stick Electrodes Manufacturing Plant, Stick Electrodes Manufacture, Welding Rods Production Plant, Welding Rods Manufacturing Plant, Manufacturing of Welding Rods, Production of Welding Rods, How to Start Production of Welding Rods, How to Start Welding Rods Manufacturing Business, Electrode Manufacturing Projects, New project profile on Welding Electrodes Production industries, Project Report on Electrode Manufacturing Industry, Detailed Project Report on Welding Electrodes Production, Project Report on Welding Electrodes Production, Pre-Investment Feasibility Study on Welding Electrodes Production, Techno-Economic feasibility study on Welding Electrodes Production, Feasibility report on Welding Electrodes Production, Free Project Profile on Welding Electrodes Production, Project profile on Welding Electrodes Production, Download free project profile on Welding Electrodes Production, Startup Project for Welding Electrodes Production
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