The global Stick Electrode market size was valued at US$ 906.8 million in 2023. With growing demand in downstream market, the Stick Electrode is forecast to a readjusted size of US$ 1131.8 million by 2030 with a CAGR of 3.2% during review period.
The research report highlights the growth potential of the global Stick Electrode market. Stick Electrode are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Stick Electrode. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Stick Electrode market.
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).
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.
Key Features:
The report on Stick Electrode market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Stick Electrode market. It may include historical data, market segmentation by Type (e.g., Bare Electrodes, Light Coated Electrodes), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Stick Electrode market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Stick Electrode market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Stick Electrode industry. This include advancements in Stick Electrode technology, Stick Electrode new entrants, Stick Electrode new investment, and other innovations that are shaping the future of Stick Electrode.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Stick Electrode market. It includes factors influencing customer ' purchasing decisions, preferences for Stick Electrode product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Stick Electrode market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Stick Electrode market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Stick Electrode market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Stick Electrode industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Stick Electrode market.
Market Segmentation:
Stick Electrode market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Bare Electrodes
Light Coated Electrodes
Shielded Arc
Segmentation by application
Building and Construction
Automotive and Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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 F端lldraht
Castolin Eutectic
Arcsel LLC
Tianjin Golden Bridge
African Oxygen Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stick Electrode market?
What factors are driving Stick Electrode market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stick Electrode market opportunities vary by end market size?
How does Stick Electrode break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Stick Electrode Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Stick Electrode by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Stick Electrode by Country/Region, 2019, 2023 & 2030
2.2 Stick Electrode Segment by Type
2.2.1 Bare Electrodes
2.2.2 Light Coated Electrodes
2.2.3 Shielded Arc
2.3 Stick Electrode Sales by Type
2.3.1 Global Stick Electrode Sales Market Share by Type (2019-2024)
2.3.2 Global Stick Electrode Revenue and Market Share by Type (2019-2024)
2.3.3 Global Stick Electrode Sale Price by Type (2019-2024)
2.4 Stick Electrode Segment by Application
2.4.1 Building and Construction
2.4.2 Automotive and Transportation
2.4.3 Others
2.5 Stick Electrode Sales by Application
2.5.1 Global Stick Electrode Sale Market Share by Application (2019-2024)
2.5.2 Global Stick Electrode Revenue and Market Share by Application (2019-2024)
2.5.3 Global Stick Electrode Sale Price by Application (2019-2024)
3 Global Stick Electrode by Company
3.1 Global Stick Electrode Breakdown Data by Company
3.1.1 Global Stick Electrode Annual Sales by Company (2019-2024)
3.1.2 Global Stick Electrode Sales Market Share by Company (2019-2024)
3.2 Global Stick Electrode Annual Revenue by Company (2019-2024)
3.2.1 Global Stick Electrode Revenue by Company (2019-2024)
3.2.2 Global Stick Electrode Revenue Market Share by Company (2019-2024)
3.3 Global Stick Electrode Sale Price by Company
3.4 Key Manufacturers Stick Electrode Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Stick Electrode Product Location Distribution
3.4.2 Players Stick Electrode Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Stick Electrode by Geographic Region
4.1 World Historic Stick Electrode Market Size by Geographic Region (2019-2024)
4.1.1 Global Stick Electrode Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Stick Electrode Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Stick Electrode Market Size by Country/Region (2019-2024)
4.2.1 Global Stick Electrode Annual Sales by Country/Region (2019-2024)
4.2.2 Global Stick Electrode Annual Revenue by Country/Region (2019-2024)
4.3 Americas Stick Electrode Sales Growth
4.4 APAC Stick Electrode Sales Growth
4.5 Europe Stick Electrode Sales Growth
4.6 Middle East & Africa Stick Electrode Sales Growth
5 Americas
5.1 Americas Stick Electrode Sales by Country
5.1.1 Americas Stick Electrode Sales by Country (2019-2024)
5.1.2 Americas Stick Electrode Revenue by Country (2019-2024)
5.2 Americas Stick Electrode Sales by Type
5.3 Americas Stick Electrode Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Stick Electrode Sales by Region
6.1.1 APAC Stick Electrode Sales by Region (2019-2024)
6.1.2 APAC Stick Electrode Revenue by Region (2019-2024)
6.2 APAC Stick Electrode Sales by Type
6.3 APAC Stick Electrode Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Stick Electrode by Country
7.1.1 Europe Stick Electrode Sales by Country (2019-2024)
7.1.2 Europe Stick Electrode Revenue by Country (2019-2024)
7.2 Europe Stick Electrode Sales by Type
7.3 Europe Stick Electrode Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Stick Electrode by Country
8.1.1 Middle East & Africa Stick Electrode Sales by Country (2019-2024)
8.1.2 Middle East & Africa Stick Electrode Revenue by Country (2019-2024)
8.2 Middle East & Africa Stick Electrode Sales by Type
8.3 Middle East & Africa Stick Electrode Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Stick Electrode
10.3 Manufacturing Process Analysis of Stick Electrode
10.4 Industry Chain Structure of Stick Electrode
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Stick Electrode Distributors
11.3 Stick Electrode Customer
12 World Forecast Review for Stick Electrode by Geographic Region
12.1 Global Stick Electrode Market Size Forecast by Region
12.1.1 Global Stick Electrode Forecast by Region (2025-2030)
12.1.2 Global Stick Electrode Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Stick Electrode Forecast by Type
12.7 Global Stick Electrode Forecast by Application
13 Key Players Analysis
13.1 Welding Alloys Ltd
13.1.1 Welding Alloys Ltd Company Information
13.1.2 Welding Alloys Ltd Stick Electrode Product Portfolios and Specifications
13.1.3 Welding Alloys Ltd Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Welding Alloys Ltd Main Business Overview
13.1.5 Welding Alloys Ltd Latest Developments
13.2 Vorarc Welding CC.
13.2.1 Vorarc Welding CC. Company Information
13.2.2 Vorarc Welding CC. Stick Electrode Product Portfolios and Specifications
13.2.3 Vorarc Welding CC. Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Vorarc Welding CC. Main Business Overview
13.2.5 Vorarc Welding CC. Latest Developments
13.3 ESAB
13.3.1 ESAB Company Information
13.3.2 ESAB Stick Electrode Product Portfolios and Specifications
13.3.3 ESAB Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 ESAB Main Business Overview
13.3.5 ESAB Latest Developments
13.4 Air Liquide S.A.
13.4.1 Air Liquide S.A. Company Information
13.4.2 Air Liquide S.A. Stick Electrode Product Portfolios and Specifications
13.4.3 Air Liquide S.A. Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Air Liquide S.A. Main Business Overview
13.4.5 Air Liquide S.A. Latest Developments
13.5 Eureka
13.5.1 Eureka Company Information
13.5.2 Eureka Stick Electrode Product Portfolios and Specifications
13.5.3 Eureka Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Eureka Main Business Overview
13.5.5 Eureka Latest Developments
13.6 Promax Welding Consumables
13.6.1 Promax Welding Consumables Company Information
13.6.2 Promax Welding Consumables Stick Electrode Product Portfolios and Specifications
13.6.3 Promax Welding Consumables Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Promax Welding Consumables Main Business Overview
13.6.5 Promax Welding Consumables Latest Developments
13.7 Miller Electric Mfg. Co.
13.7.1 Miller Electric Mfg. Co. Company Information
13.7.2 Miller Electric Mfg. Co. Stick Electrode Product Portfolios and Specifications
13.7.3 Miller Electric Mfg. Co. Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Miller Electric Mfg. Co. Main Business Overview
13.7.5 Miller Electric Mfg. Co. Latest Developments
13.8 Lincoln Electric Company
13.8.1 Lincoln Electric Company Company Information
13.8.2 Lincoln Electric Company Stick Electrode Product Portfolios and Specifications
13.8.3 Lincoln Electric Company Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Lincoln Electric Company Main Business Overview
13.8.5 Lincoln Electric Company Latest Developments
13.9 Kobe Steel, Ltd.
13.9.1 Kobe Steel, Ltd. Company Information
13.9.2 Kobe Steel, Ltd. Stick Electrode Product Portfolios and Specifications
13.9.3 Kobe Steel, Ltd. Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Kobe Steel, Ltd. Main Business Overview
13.9.5 Kobe Steel, Ltd. Latest Developments
13.10 ISAF S.p.A
13.10.1 ISAF S.p.A Company Information
13.10.2 ISAF S.p.A Stick Electrode Product Portfolios and Specifications
13.10.3 ISAF S.p.A Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 ISAF S.p.A Main Business Overview
13.10.5 ISAF S.p.A Latest Developments
13.11 Corodur F端lldraht
13.11.1 Corodur F端lldraht Company Information
13.11.2 Corodur F端lldraht Stick Electrode Product Portfolios and Specifications
13.11.3 Corodur F端lldraht Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Corodur F端lldraht Main Business Overview
13.11.5 Corodur F端lldraht Latest Developments
13.12 Castolin Eutectic
13.12.1 Castolin Eutectic Company Information
13.12.2 Castolin Eutectic Stick Electrode Product Portfolios and Specifications
13.12.3 Castolin Eutectic Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Castolin Eutectic Main Business Overview
13.12.5 Castolin Eutectic Latest Developments
13.13 Arcsel LLC
13.13.1 Arcsel LLC Company Information
13.13.2 Arcsel LLC Stick Electrode Product Portfolios and Specifications
13.13.3 Arcsel LLC Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Arcsel LLC Main Business Overview
13.13.5 Arcsel LLC Latest Developments
13.14 Tianjin Golden Bridge
13.14.1 Tianjin Golden Bridge Company Information
13.14.2 Tianjin Golden Bridge Stick Electrode Product Portfolios and Specifications
13.14.3 Tianjin Golden Bridge Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Tianjin Golden Bridge Main Business Overview
13.14.5 Tianjin Golden Bridge Latest Developments
13.15 African Oxygen Ltd
13.15.1 African Oxygen Ltd Company Information
13.15.2 African Oxygen Ltd Stick Electrode Product Portfolios and Specifications
13.15.3 African Oxygen Ltd Stick Electrode Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 African Oxygen Ltd Main Business Overview
13.15.5 African Oxygen Ltd Latest Developments
14 Research Findings and Conclusion
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