Home » Profiles » Mig Welding Wire - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue

Mig Welding Wire - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue

MIG Wire is Copper coated strong wire. MIG wires are applied to weld numerous ferrous and non-ferrous materials and give sound results Solid copper coated welding wire for welding in gas shielding atmospheres. The high silicon contents and manganese alloyed in this wire. The higher contains of silicon and manganese increases the yield stress and tensile strength of weld metal. The high silicon content promotes a low sensitivity to surface impurities and contributes to smooth weld. Suitable for welding unalloyed and low alloyed construction steels with tensile strength below 640N/mm2 like boiler plate, fine–grained steels, pipe steels, shipbuilding steels and cast steels. MIG copper coated welding wire has excellent synthetic technological properties when corresponding welding flux is used, with a higher deposition efficiency, high quality and low intensity of labor. Wire diameter: 2.0mm, 2.5mm, 3.2mm, 4.0mm, 5.0mm.The use of wire makes MIG process a rapid one as compared to other welding processes. It is used in pressure Vessels, Heat Exchangers (Stainless Steel, Duplex Stainless Steel, carbon steel), Cryogenic (low temperature) as well as High temperature applications, automotive parts, transport Industries, copper base alloys and Nickel base alloys and Shipbuilding industry. The market for welding segment is divided into welding equipment and consumables in the ratio of 1:3. The welding market is divided between manual metal arc welding and automatic and semi-automatic equipment again in the ratio of 3:1. More than half of the market is in the organised sector. The welding machinery and electrodes market is basically served by two leading players, Advani-Oerlikon and Esab with sizable contributions from Ewac Alloys and Modi Industries. Indal and Ahura are other major players. New entrants in the industry are the MNCs: D&H Welding, Levicon Electric (USA), and Hyundai Corp of South Korea. Due to rapid growth of Industrial activities in Large/Medium and Small Scale Sector, the demand of mig welding Wire is in increasing order as the product is consumable.The product is widely demanded by railways, Ship building, chemical fertilizer, cement, petrochemical industries. There is demand in production of water pipe line also. The advantages of S A AND MIG welding is lesser labour cost, lesser rejection and perfect welding, hence the market.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under Ador Welding Ltd. B M W Ventures Ltd. D & H India Ltd. Dwekam Electrodes Pvt. Ltd. Esab India Ltd. Ewac Alloys Ltd. Indian Steel & Wire Products Ltd. Orde Industries Ltd. Superon Schweisstechnik India Ltd. Victor Electrodes Ltd. Weld Alloy Products Ltd.
Plant capacity: MIG Welding Wire : 12000 MT/annumPlant & machinery: 921 lakhs
Working capital: -T.C.I: Cost of Project: 2052 lakhs
Return: 27.00%Break even: 56.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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  • T.C.I is Total Capital Investment
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