Trends and prospects of the welding materials market development

The presented scientific study analyzes trends and prospects for the development of the welding materials market using the example of a leading manufacturer of welding electrodes in Russia and the North-West. The author of the article analyzes the dynamics of growth in demand for welding equipment and weldin gmaterials in Russia and the world, identifies the drivers of market growth, calculates cost indicators, projected revenues and performance indicators of the welding wire production project of JSC "Electrode Plant". The results of the study can be used by welding materials market companies to make decisions on similar projects, including to form a strategy for the development of the welding materials market in the Russian Federation.