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.
Lincoln Electric Company is the biggest manufacturer of Stick Electrodes, occupies 6.34% of the global market share in 2015; While ESAB, with a market share of 5.69 %, comes the second; Air Liquide S.A. ranks the third globally. All three together consist of approximately 16% of the global market.
Bare Electrodes are very commonly utilized in basic welding, revenue generated from this one type only consists of 37.49% of the entire revenue generated from all types of stick electrodes in 2015, while light coated and heavy coated stick electrodes together occupies 46.82% of the revenue generated by the entire industry in the same year.
According to this study, over the next five years the Stick Electrode market will register a 0.1% CAGR in terms of revenue, the global market size will reach US$ 930 million by 2024, from US$ 920 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Stick Electrode business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Stick Electrode market by product type, application, key manufacturers and key regions and countries.
This study considers the Stick Electrode value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bare Electrodes
Light Coated Electrodes
Shielded Arc
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Building & Construction
Automotive & Transportation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Welding Alloys Ltd
Vorarc Welding CC.
ESAB
Air Liquide S.A.
African Oxygen Ltd. (AFROX)
Promax Welding Consumables (PTY)
Miller Electric Mfg. Co.
Lincoln Electric Company
Kobe Steel, Ltd.
ISAF S.p.A
Corodur Fülldraht GmbH
Castolin Eutectic
Arcsel LLC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Stick Electrode consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Stick Electrode market by identifying its various subsegments.
Focuses on the key global Stick Electrode manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Stick Electrode with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Stick Electrode submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Stick Electrode . Industry analysis & Market Report on Stick Electrode is a syndicated market report, published as Global Stick Electrode Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Stick Electrode market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.