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Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.


MIG Welding Wire Manufacturing Business

MIG Welding Wire Manufacturing Business

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs

Description:

MIG Welding Wire Manufacturing Business. Production of Metal Inert Gas (MIG) Welding Wire. Welding Consumables Manufacturing Industry

Metal Inert Gas (MIG) Welding (also known as Gas Metal Arc Welding [GMAW]) is an arc welding technique in which a consumable electrode is used to weld two or more work pieces. Welding wires are primarily used in arc welding and oxy-fuel welding technologies.

MIG Welding Wire is widely used in petrochemical industry. This welding wire is broadly demanded in the market for its wide usage & quality. This MIG Welding Wires is fitted with genuine parts to ensure higher durability and efficiency. These are designed to be used for various industrial applications. Known for their easy usage technique, these MIG Wires are appreciated for their superior quality.

Mild steel solid wires are usually plated with copper to prevent oxidation, aid in electrical conductivity and help increase the life of the welding contact tip.

Following are the application areas of MIG Welding Wires:

·         Automobile Body

·         LPG Gas Cylinders

·         Boilers

·         Pressure Vessels, Heat Exchangers (Stainless Steel, Duplex Stainless Steel, carbon steel)

·         Cryogenic (low temperature) as well as High temperature applications

·         Automotive parts

·         Transport Industries

·         Poles & Steel Towers

·         Steel furniture

·         Scaffoldings

·         Gratings & all other welding in steel fabrication

·         Copper base alloys and Nickel base alloys

·         Shipbuilding industry

·         Steel and pressure vessel construction

·         Pipeline work

·         Automobile industry

·         Construction industry

·         Mechanical Engineering industry

·         Fire Works Industry

·         Automobile Silencers

·         Petrol/Diesel/Gas Tanks, Scooter

·         Cycle spare parts & accessories

The global welding wires market is expected to experience steady growth during the forecast period owing to demand from the automotive and construction sector. The global welding wires market is expected to be impacted significantly due to the positive outlook of the construction industry.

Global welding wires market by the automotive segment: The automotive sector has been a major determinant behind various technological upgrades in welding equipment and the overall process. The presence of stringent requirements for quality, reliability, and precision has led to the incorporation of robotics and automation technologies in welding processes in the automotive sector, resulting in the growth of the global welding wires market by the automotive segment.

The worldwide market for Welding Wires & Welding Electrode is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 21700 million US$ in 2024, from 18700 million US$ in 2019. Welding Wires & Welding Electrode downstream application is very wide. Welding Wires & Welding Electrode has acquired increasing significance in fields of Automotive. The Welding Wires & Welding Electrode market is mainly driven by growing demand for Automotive and Construction.

One driver in the market is positive outlook of the global construction sector. The global welding wires market is expected to be impacted significantly due to a positive outlook of the overall construction industry. Welding consumables, such as wires and stick electrodes, are used extensively in the construction industry, especially for the welding of structural steel.

Some of key manufacturers included are Colfax, Hyundai Welding, Illinois Tool Works (ITW), Lincoln Electric, Sandvik, National Standard, Hobart Brothers, Jiangsu ZhongJiang Welding Wire, Saarstahl, Sumitomo Electric, Luvata, Haynes International, LaserStar, Harris Products, BOC, Ador Fontech, Magmaweld, The Indian Steel & Wire Products (ISWPL), WeldWire, Voestalpine, IABCO, Gedik Welding, Ceweld Nederland, KEI, Kobe, Daido, D&H Secheron & Ador Welding

The Indian Welding Consumables Market:

In India, welding contributes significantly to the GDP in several ways, such as welding intensive industries, auxiliary products, complementary goods, employment, and user industries.

The Indian welding consumables market will be worth INR 45.37 bn by 2020. On the basis of type of welding consumables, the demand for wires and fluxes is expected to be high on account of their high performance. They also have several benefits including suitability for outdoor work, use in automatic welding systems, low wastage, and high productivity. The flux cored wires segment is predicted to be the fastest growing segment in the years to come. By application, the automotive and transportation sector has been leading. However, it is the power sector which will expand at the fastest pace. Moderate growth is also forecasted for marine and wear plate applications.

As welding consumables have their applications across industries such as oil and gas, marine, power generation, construction and building, transportation, and automobile, their demand is witnessing a steady increase with the growth of these industries. In fact it can be said that the welding consumables market is highly dependent on consumption of steel by several industries.

In India, the welding industry is composed of numerous large, medium and small manufacturers of welding consumables. The international players in the welding consumables market in India are: ESAB India Limited, Lincoln Electric Company Pvt. Ltd and Voestalpine AG.

Welding Consumables Market Overview:

The Global Welding Consumables Market was valued at $12,405 million in 2016, and is expected to reach at $18,286 million by 2023, registering a CAGR of 5.7% from 2017 to 2023. Welding is a reliable, precise, high-tech, and cost-effective method for joining materials, such as metals and alloys, efficiently in various manufacturing industries. These consumables are flux & filler materials used in welding industry and are generally used in arc welding processes.

Rapid growth in automobile industry, technological advancements in marine and power generation sectors, rising demand for efficient welding consumables owing to increasing infrastructure in industrial processes are some of the key factors expected to pave the market growth for the welding consumables market in near future.

Wide-scale applications of welding consumables in various industries such as automotive, construction and building infrastructure, oil and gas industries are swelling the demand for welding consumables across the globe. Further, introduction of various advanced welding techniques and rise in adoption of these techniques by various end-use industries to offer the products with high-strength and load-bearing capacity. Emergence of industrial automation and automobile industries, huge investment in automotive sector and rising concern towards quality product, thus increase the demand for welding consumables in this sector. Global Welding Consumable Market is classified, by equipment into welding electrode and filler metal equipment and oxy-fuel gas equipment.

 

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Information

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

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Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. 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, wish to study the following aspects of the identified product:


• 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, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


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• This report provides vital information on the product like its definition, 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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• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

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• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             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

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    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

  •   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

  •    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

   •     Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   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

  •    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   

  •    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

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    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