The International Stick Electrode market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
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.
As the report focuses on global Stick Electrode market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
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
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
Bare Electrodes
Light Coated Electrodes
Shielded Arc
In market segmentation by applications :
Building & Construction
Automotive & Transportation
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Stick Electrode market for the forecast period 2020 - 2025?
• What are the driving forces in the Stick Electrode market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Stick Electrode industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?