Stick Electrode Market Size, Share Global Outlook and Forecast 2023-2029
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The global Stick Electrode market was valued at US$ 953.8 million in 2022 and is projected to reach US$ 1170.4 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 aims to provide a comprehensive presentation of the global market for Stick Electrode, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stick Electrode. This report contains market size and forecasts of Stick Electrode in global, including the following market information:
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Global Stick Electrode key players include ESAB, Lincoln Electric Company, Tianjin Golden Bridge, Vorarc Welding CC., etc. Global top four manufacturers hold a share about 15%.
North America is the largest market, with a share over 20%, followed by China, and Europe, both have a share over 40 percent.
In terms of product, Bare Electrodes is the largest segment, with a share over 35%. And in terms of application, the largest application is Building and construction, followed by Automobile and transportation, etc.
We 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, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Stick Electrode Market Segment Percentages, by Type, 2022 (%)
Global Stick Electrode Market Segment Percentages, by Application, 2022 (%)
Global Stick Electrode Market Segment Percentages, By Region and Country, 2022 (%)
The report also provides analysis of leading market participants including:
Chapter 1: Introduces the definition of Stick Electrode, market overview.
Chapter 2: Global Stick Electrode market size in revenue and volume.
Chapter 3: Detailed analysis of Stick Electrode manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Stick Electrode in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Stick Electrode capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
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1.1 Stick Electrode Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Stick Electrode Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Stick Electrode Overall Market Size
2.1 Global Stick Electrode Market Size: 2022 VS 2029
2.2 Global Stick Electrode Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Stick Electrode Sales: 2018-2029
3 Company Landscape
3.1 Top Stick Electrode Players in Global Market
3.2 Top Global Stick Electrode Companies Ranked by Revenue
3.3 Global Stick Electrode Revenue by Companies
3.4 Global Stick Electrode Sales by Companies
3.5 Global Stick Electrode Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Stick Electrode Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Stick Electrode Product Type
3.8 Tier 1, Tier 2 and Tier 3 Stick Electrode Players in Global Market
3.8.1 List of Global Tier 1 Stick Electrode Companies
3.8.2 List of Global Tier 2 and Tier 3 Stick Electrode Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Stick Electrode Market Size Markets, 2022 & 2029
4.1.2 Bare Electrod
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