Indonesia Welding Consumables Market: Cheap Imports from Neighboring Countries Heating Up Competition, Finds TMR
The welding consumables market in Indonesia 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.
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