Tungsten Electrode Industry Research Report 2024

Tungsten Electrode Industry Research Report 2024


This report studies the Tungsten Electrode market. Tungsten electrodes are used when arc welding with the Tungsten Inert gas (TIG) process or when plasma welding. In both processes the electrode, arc and weld pool are protected from atmospheric contamination by an inert gas. A tungsten electrode is used because it can withstand very high temperatures with minimal melting or erosion. Tungsten electrodes are made by powder metallurgy and are formed to size after sintering.

Highlights

The global Tungsten Electrode market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
China is the largest market with about 77% market share. North America is follower, accounting for about 10% market share.
The key players are Diamond Ground Products, E3, Weldstone, Winner Tungsten Product, Huntingdon Fusion Techniques, Wolfram Industrie, Metal Cutting, BGRIMM, ATTL Advanced Materials, SUNRAIN Tungsten etc. Top 3 companies occupied about 46% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Tungsten 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 Tungsten Electrode.
The Tungsten Electrode market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tungsten Electrode market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tungsten Electrode manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Diamond Ground Products
E3
Weldstone
Winner Tungsten Product
Huntingdon Fusion Techniques
Wolfram Industrie
Metal Cutting
BGRIMM
ATTL Advanced Materials
SUNRAIN Tungsten

Product Type Insights

Global markets are presented by Tungsten Electrode type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Tungsten Electrode are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Tungsten Electrode segment by Type

Pure Tungsten
Thoriated Tungsten
Lanthanum Tungsten
Cerium Tungsten
Yttrium Tungsten
Others

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Tungsten Electrode market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Tungsten Electrode market.
Tungsten Electrode segment by Application

TIG Welding
Plasma Welding
Cutting
Thermal Spray
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Tungsten Electrode market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Tungsten Electrode market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Tungsten Electrode and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Tungsten Electrode industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Tungsten Electrode.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Tungsten Electrode manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Tungsten Electrode by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Tungsten 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, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Tungsten Electrode by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Pure Tungsten
1.2.3 Thoriated Tungsten
1.2.4 Lanthanum Tungsten
1.2.5 Cerium Tungsten
1.2.6 Yttrium Tungsten
1.2.7 Others
2.3 Tungsten Electrode by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 TIG Welding
2.3.3 Plasma Welding
2.3.4 Cutting
2.3.5 Thermal Spray
2.3.6 Others
2.4 Global Market Growth Prospects
2.4.1 Global Tungsten Electrode Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Tungsten Electrode Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Tungsten Electrode Production Estimates and Forecasts (2019-2030)
2.4.4 Global Tungsten Electrode Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Tungsten Electrode Production by Manufacturers (2019-2024)
3.2 Global Tungsten Electrode Production Value by Manufacturers (2019-2024)
3.3 Global Tungsten Electrode Average Price by Manufacturers (2019-2024)
3.4 Global Tungsten Electrode Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Tungsten Electrode Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Tungsten Electrode Manufacturers, Product Type & Application
3.7 Global Tungsten Electrode Manufacturers, Date of Enter into This Industry
3.8 Global Tungsten Electrode Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Diamond Ground Products
4.1.1 Diamond Ground Products Tungsten Electrode Company Information
4.1.2 Diamond Ground Products Tungsten Electrode Business Overview
4.1.3 Diamond Ground Products Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Diamond Ground Products Product Portfolio
4.1.5 Diamond Ground Products Recent Developments
4.2 E3
4.2.1 E3 Tungsten Electrode Company Information
4.2.2 E3 Tungsten Electrode Business Overview
4.2.3 E3 Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 E3 Product Portfolio
4.2.5 E3 Recent Developments
4.3 Weldstone
4.3.1 Weldstone Tungsten Electrode Company Information
4.3.2 Weldstone Tungsten Electrode Business Overview
4.3.3 Weldstone Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Weldstone Product Portfolio
4.3.5 Weldstone Recent Developments
4.4 Winner Tungsten Product
4.4.1 Winner Tungsten Product Tungsten Electrode Company Information
4.4.2 Winner Tungsten Product Tungsten Electrode Business Overview
4.4.3 Winner Tungsten Product Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Winner Tungsten Product Product Portfolio
4.4.5 Winner Tungsten Product Recent Developments
4.5 Huntingdon Fusion Techniques
4.5.1 Huntingdon Fusion Techniques Tungsten Electrode Company Information
4.5.2 Huntingdon Fusion Techniques Tungsten Electrode Business Overview
4.5.3 Huntingdon Fusion Techniques Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Huntingdon Fusion Techniques Product Portfolio
4.5.5 Huntingdon Fusion Techniques Recent Developments
4.6 Wolfram Industrie
4.6.1 Wolfram Industrie Tungsten Electrode Company Information
4.6.2 Wolfram Industrie Tungsten Electrode Business Overview
4.6.3 Wolfram Industrie Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Wolfram Industrie Product Portfolio
4.6.5 Wolfram Industrie Recent Developments
4.7 Metal Cutting
4.7.1 Metal Cutting Tungsten Electrode Company Information
4.7.2 Metal Cutting Tungsten Electrode Business Overview
4.7.3 Metal Cutting Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Metal Cutting Product Portfolio
4.7.5 Metal Cutting Recent Developments
4.8 BGRIMM
4.8.1 BGRIMM Tungsten Electrode Company Information
4.8.2 BGRIMM Tungsten Electrode Business Overview
4.8.3 BGRIMM Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 BGRIMM Product Portfolio
4.8.5 BGRIMM Recent Developments
4.9 ATTL Advanced Materials
4.9.1 ATTL Advanced Materials Tungsten Electrode Company Information
4.9.2 ATTL Advanced Materials Tungsten Electrode Business Overview
4.9.3 ATTL Advanced Materials Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 ATTL Advanced Materials Product Portfolio
4.9.5 ATTL Advanced Materials Recent Developments
4.10 SUNRAIN Tungsten
4.10.1 SUNRAIN Tungsten Tungsten Electrode Company Information
4.10.2 SUNRAIN Tungsten Tungsten Electrode Business Overview
4.10.3 SUNRAIN Tungsten Tungsten Electrode Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 SUNRAIN Tungsten Product Portfolio
4.10.5 SUNRAIN Tungsten Recent Developments
5 Global Tungsten Electrode Production by Region
5.1 Global Tungsten Electrode Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Tungsten Electrode Production by Region: 2019-2030
5.2.1 Global Tungsten Electrode Production by Region: 2019-2024
5.2.2 Global Tungsten Electrode Production Forecast by Region (2025-2030)
5.3 Global Tungsten Electrode Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Tungsten Electrode Production Value by Region: 2019-2030
5.4.1 Global Tungsten Electrode Production Value by Region: 2019-2024
5.4.2 Global Tungsten Electrode Production Value Forecast by Region (2025-2030)
5.5 Global Tungsten Electrode Market Price Analysis by Region (2019-2024)
5.6 Global Tungsten Electrode Production and Value, YOY Growth
5.6.1 North America Tungsten Electrode Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Tungsten Electrode Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Tungsten Electrode Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Tungsten Electrode Production Value Estimates and Forecasts (2019-2030)
6 Global Tungsten Electrode Consumption by Region
6.1 Global Tungsten Electrode Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Tungsten Electrode Consumption by Region (2019-2030)
6.2.1 Global Tungsten Electrode Consumption by Region: 2019-2030
6.2.2 Global Tungsten Electrode Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Tungsten Electrode Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Tungsten Electrode Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Tungsten Electrode Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Tungsten Electrode Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Tungsten Electrode Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Tungsten Electrode Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Tungsten Electrode Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Tungsten Electrode Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Tungsten Electrode Production by Type (2019-2030)
7.1.1 Global Tungsten Electrode Production by Type (2019-2030) & (MT)
7.1.2 Global Tungsten Electrode Production Market Share by Type (2019-2030)
7.2 Global Tungsten Electrode Production Value by Type (2019-2030)
7.2.1 Global Tungsten Electrode Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Tungsten Electrode Production Value Market Share by Type (2019-2030)
7.3 Global Tungsten Electrode Price by Type (2019-2030)
8 Segment by Application
8.1 Global Tungsten Electrode Production by Application (2019-2030)
8.1.1 Global Tungsten Electrode Production by Application (2019-2030) & (MT)
8.1.2 Global Tungsten Electrode Production by Application (2019-2030) & (MT)
8.2 Global Tungsten Electrode Production Value by Application (2019-2030)
8.2.1 Global Tungsten Electrode Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Tungsten Electrode Production Value Market Share by Application (2019-2030)
8.3 Global Tungsten Electrode Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Tungsten Electrode Value Chain Analysis
9.1.1 Tungsten Electrode Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Tungsten Electrode Production Mode & Process
9.2 Tungsten Electrode Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Tungsten Electrode Distributors
9.2.3 Tungsten Electrode Customers
10 Global Tungsten Electrode Analyzing Market Dynamics
10.1 Tungsten Electrode Industry Trends
10.2 Tungsten Electrode Industry Drivers
10.3 Tungsten Electrode Industry Opportunities and Challenges
10.4 Tungsten Electrode Industry Restraints
11 Report Conclusion
12 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings