The global Tungsten Electrode market was valued at US$ 103.1 million in 2022 and is projected to reach US$ 116.2 million by 2029, at a CAGR of 1.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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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. This report contains market size and forecasts of Tungsten Electrode in global, including the following market information:
- Global Tungsten Electrode Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Tungsten Electrode Market Sales, 2018-2023, 2024-2029, (MT)
- Global top five Tungsten Electrode companies in 2022 (%)
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.
We surveyed the Tungsten Electrode manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:
Global Tungsten Electrode Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Electrode Market Segment Percentages, by Type, 2022 (%)
- Pure Tungsten
- Thoriated Tungsten
- Lanthanum Tungsten
- Cerium Tungsten
- Yttrium Tungsten
- Others
Global Tungsten Electrode Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Electrode Market Segment Percentages, by Application, 2022 (%)
- TIG Welding
- Plasma Welding
- Cutting
- Thermal Spray
- Others
Global Tungsten Electrode Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Tungsten Electrode Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Tungsten Electrode revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Tungsten Electrode revenues share in global market, 2022 (%)
- Key companies Tungsten Electrode sales in global market, 2018-2023 (Estimated), (MT)
- Key companies Tungsten Electrode sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Diamond Ground Products
- E3
- Weldstone
- Winner Tungsten Product
- Huntingdon Fusion Techniques
- Wolfram Industrie
- Metal Cutting
- BGRIMM
- ATTL Advanced Materials
- SUNRAIN Tungsten
Chapter 1: Introduces the definition of Tungsten Electrode, market overview.
Chapter 2: Global Tungsten Electrode market size in revenue and volume.
Chapter 3: Detailed analysis of Tungsten Electrode manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tungsten Electrode capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Tungsten Electrode Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Tungsten Electrode Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Tungsten Electrode Overall Market Size
2.1 Global Tungsten Electrode Market Size: 2022 VS 2029
2.2 Global Tungsten Electrode Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Tungsten Electrode Sales: 2018-2029
3 Company Landscape
3.1 Top Tungsten Electrode Players in Global Market
3.2 Top Global Tungsten Electrode Companies Ranked by Revenue
3.3 Global Tungsten Electrode Revenue by Companies
3.4 Global Tungsten Electrode Sales by Companies
3.5 Global Tungsten Electrode Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Tungsten Electrode Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Tungsten Electrode Product Type
3.8 Tier 1, Tier 2 and Tier 3 Tungsten Electrode Players in Global Market
3.8.1 List of Global Tier 1 Tungsten Electrode Companies
3.8.2 List of Global Tier 2 and Tier 3 Tungsten Electrode Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Tungsten Electrode Market Siz
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