Global Stick Electrode Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Stick Electrode Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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).

According to our (Global Info Research) latest study, the global Stick Electrode market size was valued at US$ 983 million in 2023 and is forecast to a readjusted size of USD 1209 million by 2030 with a CAGR of 3.0% during review period.

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.

This report is a detailed and comprehensive analysis for global Stick Electrode market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Stick Electrode market size and forecasts, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2019-2030

Global Stick Electrode market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2019-2030

Global Stick Electrode market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2019-2030

Global Stick Electrode market shares of main players, shipments in revenue ($ Million), sales quantity (M MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Stick Electrode

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Stick Electrode market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Bare Electrodes
Light Coated Electrodes
Shielded Arc

Market segment by Application
Building and Construction
Automotive and Transportation
Others

Major players covered
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 Fülldraht
Castolin Eutectic
Arcsel LLC
Tianjin Golden Bridge
African Oxygen Ltd

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Stick Electrode product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Stick Electrode, with price, sales quantity, revenue, and global market share of Stick Electrode from 2019 to 2024.

Chapter 3, the Stick Electrode competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Stick Electrode breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Stick Electrode market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Stick Electrode.

Chapter 14 and 15, to describe Stick Electrode sales channel, distributors, customers, research findings and conclusion.