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Stick Electrode Market Size, Share, Development by 2024– Top Key players like Welding Alloys,Vorarc Welding CC,ESAB,Inc.
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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.
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.
The global Stick Electrode market is valued at 920 million US$ in 2018 is expected to reach 950 million US$ by the end of 2025, growing at a CAGR of 0.3% during 2019-2025.
Market Segment by Manufacturers, this report covers
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
Market Segment by Type, covers
Bare Electrodes
Light Coated Electrodes
Shielded Arc
Market Segment by Applications, can be divided into
Building & Construction
Automotive & Transportation
Others
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Related Information:
North America Stick Electrode Market Growth 2019-2024
United States Stick Electrode Market Growth 2019-2024
Asia-Pacific Stick Electrode Market Growth 2019-2024
Europe Stick Electrode Market Growth 2019-2024
EMEA Stick Electrode Market Growth 2019-2024
Global Stick Electrode Market Growth 2019-2024
China Stick Electrode Market Growth 2019-2024
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