Latest research report on “Stick Electrode Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Stick Electrodes, are metal wires or rods with baked on chemical coatings, commonly used in welding activities. It is made out of materials with a similar composition to the metal being welded. Stick electrodes are consumable, meaning they become part of the weld, unlike the TIG electrodes, which are non-consumable as they do not melt and become part of the weld, requiring the use of a welding rod, therefore, it is under the category-Welding Consumables.
These welding consumables are mainly used in arc welding and oxy-fuel welding process. In arc welding technology, consumables are widely used in shielded metal arc welding (SMAW), gas metal arc welding (GMAW), flux-cored arc welding (FCAW), and submerged arc welding (SAW). Moreover, shielded gases are primarily used in oxy-fuel welding, gas tungsten arc welding (GTAW), and gas metal arc welding (GMAW).
This report contains market size and forecasts of Stick Electrode in global, including the following market information:
Global Stick Electrode Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Stick Electrode Market Sales, 2017-2022, 2023-2028, (M MT)
Global top five Stick Electrode companies in 2021 (%)
The global Stick Electrode market was valued at 953.8 million in 2021 and is projected to reach US$ 1170.4 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bare Electrodes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Stick Electrode include Welding Alloys Ltd, Vorarc Welding CC., ESAB, Air Liquide S.A., Eureka, Promax Welding Consumables, Miller Electric Mfg. Co., Lincoln Electric Company and Kobe Steel, Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Stick Electrode manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stick Electrode Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Stick Electrode Market Segment Percentages, by Type, 2021 (%)
– Bare Electrodes
– Light Coated Electrodes
– Shielded Arc
Global Stick Electrode Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Stick Electrode Market Segment Percentages, by Application, 2021 (%)
– Building and Construction
– Automotive and Transportation
– Others
Global Stick Electrode Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M MT)
Global Stick Electrode Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stick Electrode revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Stick Electrode revenues share in global market, 2021 (%)
Key companies Stick Electrode sales in global market, 2017-2022 (Estimated), (M MT)
Key companies Stick Electrode sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Welding Alloys Ltd
– Vorarc Welding CC.
– ESAB
– Air Liquide S.A.
– Eureka
– Promax Welding Consumables
– Miller Electric Mfg. Co.
– Lincoln Electric Company
– Kobe Steel, Ltd.
– ISAF S.p.A
– Corodur Fülldraht
– Castolin Eutectic
– Arcsel LLC
– Tianjin Golden Bridge
– African Oxygen Ltd
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