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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.
Scope of the Report:
Tungsten Electrode downstream is wide and recently Tungsten Electrode has acquired increasing significance in various fields of TIG Welding, Plasma Welding, Cutting, Thermal Spray and Other Application. The Tungsten Electrode market is mainly driven by growing demand for TIG Welding which account for nearly 41.09% of total downstream consumption of Tungsten Electrode in global in 2016.
Based on types of Tungsten Electrode available in the market, the report mainly separates the market into Pure Tungsten, Thoriated Tungsten, Lanthanum Tungsten, Cerium Tungsten, Yttrium Tungsten and Others. The market for Thoriated Tungsten accounted for the largest market share in 2016.
At present, the major players of Tungsten Electrode are BGRIMM, ATTL Advanced Materials, Winner Tungsten Product, Weldstone, E3, Metal Cutting, Wolfram Industrie, Diamond Ground Products, SUNRAIN Tungsten, Huntingdon Fusion Techniques, etc. The top five of them is holding more than 57% sales market share in 2016.
The worldwide market for Tungsten Electrode is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 100 million US$ in 2024, from 93 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Tungsten Electrode in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Diamond Ground Products
- E3
- Weldstone
- Winner Tungsten Product
- Huntingdon Fusion Techniques
- Wolfram Industrie
- Metal Cutting
- BGRIMM
- ATTL Advanced Materials
- SUNRAIN Tungsten
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Pure Tungsten
- Thoriated Tungsten
- Lanthanum Tungsten
- Cerium Tungsten
- Yttrium Tungsten
- Others
Market Segment by Applications, can be divided into
- TIG Welding
- Plasma Welding
- Cutting
- Thermal Spray
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tungsten Electrode product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Tungsten Electrode, with price, sales, revenue and global market share of Tungsten Electrode in 2017 and 2018.
Chapter 3, the Tungsten Electrode competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tungsten Electrode breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Tungsten Electrode market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Tungsten Electrode sales channel, distributors, customers, research findings and conclusion, appendix and data source.