Tungsten Electrode Market report is predicted to gain better growth in coming years 2019 to 2024. This Tungsten Electrode market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Tungsten Electrode market. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
About Tungsten Electrode
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.
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.
Covered in this report
According to this study, over the next five years the Tungsten Electrode market will register a 1.8% CAGR in terms of revenue, the global market size will reach US$ 100 million by 2024, from US$ 93 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tungsten Electrode business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tungsten Electrode market by product type, application, key manufacturers and key regions and countries.
This study considers the Tungsten Electrode value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Pure Tungsten
- Thoriated Tungsten
- Lanthanum Tungsten
- Cerium Tungsten
- Yttrium Tungsten
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- TIG Welding
- Plasma Welding
- Cutting
- Thermal Spray
- Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Diamond Ground Products
- E3
- Weldstone
- Winner Tungsten Product
- Huntingdon Fusion Techniques
- Wolfram Industrie
- Metal Cutting
- BGRIMM
- ATTL Advanced Materials
- SUNRAIN Tungsten
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Tungsten Electrode by Players
4 Tungsten Electrode by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Tungsten Electrode Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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