Stick Electrode Market Growing at 0.30% CAGR Will Hit 950 Million US$ in 2025

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Los Angeles, CA -- (SBWire) -- 04/12/2019 --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 was 920 million US$ in 2018 and is expected to 950 million US$ by the end of 2025, growing at a CAGR of 0.3% between 2019 and 2025.

This report studies the Stick Electrode market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Stick Electrode in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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

By the product type, the market is primarily split into

Bare Electrodes

Light Coated Electrodes

Shielded Arc

By the end users/application, this report covers the following segments

Building & Construction

Automotive & Transportation

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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