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Tungsten Welding Electrodes Market, Global Outlook and Forecast 2023-2032

Tungsten Welding Electrodes Market, Global Outlook and Forecast 2023-2032

  • Published on : 03 October 2023
  • Pages :76
  • Report Code:SMR-7821860

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Report overview

The global Tungsten Welding Electrodes market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Tungsten welding 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.
This report aims to provide a comprehensive presentation of the global market for Tungsten Welding Electrodes, 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 Welding Electrodes. This report contains market size and forecasts of Tungsten Welding Electrodes in global, including the following market information:

  • Global Tungsten Welding Electrodes Market Revenue, 2018-2023, 2024-2032, ($ millions)
  • Global Tungsten Welding Electrodes Market Sales, 2018-2023, 2024-2032, (K Units)
  • Global top five Tungsten Welding Electrodes companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Pure Tungsten Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Tungsten Welding Electrodes include Diamond Ground Products, E3, Weldstone, Winner Tungsten Product, Huntingdon Fusion Techniques, Wolfram Industrie, Metal Cutting, BGRIMM and ATTL Advanced Materials, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Tungsten Welding Electrodes 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 Welding Electrodes Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Tungsten Welding Electrodes Market Segment Percentages, by Type, 2022 (%)
  • Pure Tungsten
  • Thoriated Tungsten
  • Lanthanum Tungsten
  • Cerium Tungsten
  • Yttrium Tungsten
  • Others
Global Tungsten Welding Electrodes Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Tungsten Welding Electrodes Market Segment Percentages, by Application, 2022 (%)
  • TIG Welding
  • Plasma Welding
  • Cutting
  • Thermal Spray
  • Others
Global Tungsten Welding Electrodes Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Tungsten Welding Electrodes 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 Welding Electrodes revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Tungsten Welding Electrodes revenues share in global market, 2022 (%)
  • Key companies Tungsten Welding Electrodes sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Tungsten Welding Electrodes sales share in global market, 2022 (%)

key players include:

  • Diamond Ground Products
  • E3
  • Weldstone
  • Winner Tungsten Product
  • Huntingdon Fusion Techniques
  • Wolfram Industrie
  • Metal Cutting
  • BGRIMM
  • ATTL Advanced Materials
  • SUNRAIN Tungsten
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tungsten Welding Electrodes, market overview.
Chapter 2: Global Tungsten Welding Electrodes market size in revenue and volume.
Chapter 3: Detailed analysis of Tungsten Welding Electrodes 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 Welding Electrodes 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 Welding Electrodes 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.