Informe de análisis del tamaño, la participación y las tendencias del mercado mundial de electrodos para soldadura con electrodo: descripción general de la industria y pronóstico hasta 2031

Análisis del mercado de electrodos para soldadura con varilla

El mercado de electrodos para soldadura con electrodo revestido se está expandiendo debido a los avances en las formulaciones de electrodos y la tecnología de soldadura. Los métodos más recientes incluyen recubrimientos de fundente mejorados para una mejor estabilidad y eficiencia del arco. Tecnologías como los sistemas de soldadura con electrodo revestido automatizados mejoran la precisión y la productividad. El crecimiento del mercado está impulsado por el auge de los sectores de la construcción y la fabricación, que demandan soluciones de soldadura duraderas y de alta calidad para la integridad estructural.

Tamaño del mercado de electrodos para soldadura con varilla

El tamaño del mercado global de electrodos de soldadura por varilla se valoró en USD 910,31 millones en 2023 y se proyecta que alcance los USD 1.284,67 millones para 2031, con una CAGR del 4,4% durante el período de pronóstico de 2024 a 2031. Además de la información sobre escenarios de mercado como el valor de mercado, la tasa de crecimiento, la segmentación, la cobertura geográfica y los principales actores, los informes de mercado seleccionados por Data Bridge Market Research también incluyen un análisis experto en profundidad, producción y capacidad por empresa representada geográficamente, diseños de red de distribuidores y socios, análisis de tendencias de precios detallado y actualizado y análisis de déficit de la cadena de suministro y la demanda.

Alcance del informe y segmentación del mercado

Stick Welding Electrode Market Definition

A stick welding electrode is a consumable rod used in manual arc welding processes. It serves as both the filler material and the electrical conduit for the welding current. The electrode's coating, which melts during welding, helps shield the weld pool from contaminants and stabilizes the arc. Commonly used in various industries, it ensures strong, durable welds.

Stick Welding Electrode Market Dynamics

Drivers

• Rising Automotive Industry Demand

The rising automotive industry demand drives the stick welding electrode market due to its crucial role in vehicle manufacturing and repair. For instance, stick welding is used to fabricate and repair components such as chassis and exhaust systems. As the automotive sector grows, particularly with the increase in electric vehicles and the need for robust, cost-effective welding solutions, the demand for stick welding electrodes continues to rise.

• Rising Maintenance and Repair Activities

Rising maintenance and repair activities drive the stick welding electrode market significantly. Stick welding is essential for repairing and maintaining industrial equipment due to its efficiency and cost-effectiveness. For instance, in manufacturing plants, frequent maintenance of machinery and structural components relies on stick welding for durable repairs. This widespread use in upkeep ensures a steady demand for electrodes, supporting market growth.

Opportunities

• Manufacturing Sector Expansion

The expansion of the manufacturing sector, particularly in machinery and equipment, creates significant opportunities in the stick welding electrode market. For instance, the rise in industrial equipment production and machinery assembly drives demand for durable welding solutions. This increased need for reliable welding processes in manufacturing fosters growth in electrode sales, as companies seek efficient and high-performance electrodes to meet their production needs.

• Rising Metal Fabrication

Rising metal fabrication in aerospace and energy sectors creates significant opportunities for the stick welding electrode market. For instance, the aerospace industry requires precise, high-strength welds for aircraft components, while the energy sector needs durable welds for pipelines and machinery. As these industries expand, the demand for reliable and efficient welding electrodes increases, driving market growth and innovation in electrode technology to meet these needs.

 Restraints/Challenges

• High Raw Material Costs

High raw material costs, including steel, alloys, and flux, pose a significant challenge for the stick welding electrode market. Volatile prices can disrupt production budgets and reduce profitability. For instance, a spike in steel prices directly increases production costs, making electrodes more expensive. This not only affects profit margins but also limits competitive pricing, potentially hindering market growth and customer adoption.

• Competition from Alternative Products

Competition from alternative welding methods, such as flux-cored wires, hinders the stick welding electrode market. These alternatives often deliver superior performance, including better weld quality and efficiency, and lower operational costs. As industries increasingly adopt these advanced methods for their benefits, the demand for traditional stick welding electrodes declines. This shift towards more efficient technologies limits market growth and reduces the competitiveness of stick welding electrodes.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In February 2021, Bohler Welding, a subsidiary of voestalpine AG, introduced a new range of low-hydrogen welding electrodes tailored for the oil and gas industry. These electrodes are engineered to excel in harsh environments, including sour gas and high-pressure conditions, enhancing performance and reliability in demanding applications
• In March 2021, Researchers at the Fraunhofer Institute for Laser Technology ILT unveiled an advanced laser welding process that facilitates the creation of lightweight components with exceptionally strong welds. This innovation promises significant improvements in manufacturing efficiency and component durability
• In September 2020, The Indian government launched the National Infrastructure Pipeline (NIP), a major initiative aiming to invest USD 1.4 trillion in diverse infrastructure projects by 2025. This ambitious plan is anticipated to drive increased demand for welding electrodes throughout India during the forecast period

Stick Welding Electrode Market Scope

The market is segmented on the basis of product type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Heat-resistant Steel Electrode
• Low Temperature Steel Electrode
• Others

Application

• Automobile Industry
• Construction Industry
• Aerospace and Defense Industry
• Shipbuilding Industry
• Pipeline Industry

Stick Welding Electrode Market Regional Analysis

The market is analysed and market size insights and trends are provided by product type and application as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the stick welding electrode market due to increased construction activities. The growing demand from both residential and commercial sectors is projected to further drive market growth in the region during the forecast period. This trend reflects the region's expanding infrastructure and development projects.

North America is projected to observe significant growth in the stick welding electrode market due to major manufacturers of stick welding electrodes in the region. Increased adoption of technologies such as lasers, plasma arcs, and resistance spot welding (RSW) across industries such as automotive, manufacturing, and construction is expected to drive market expansion in the coming years.

La sección de países del informe también proporciona factores de impacto de mercado individuales y cambios en la regulación en el mercado a nivel nacional que afectan las tendencias actuales y futuras del mercado. Los puntos de datos como el análisis de la cadena de valor aguas abajo y aguas arriba, las tendencias técnicas y el análisis de las cinco fuerzas de Porter, los estudios de casos son algunos de los indicadores utilizados para pronosticar el escenario del mercado para países individuales. Además, la presencia y disponibilidad de marcas globales y sus desafíos enfrentados debido a la competencia grande o escasa de las marcas locales y nacionales, el impacto de los aranceles nacionales y las rutas comerciales se consideran al proporcionar un análisis de pronóstico de los datos del país.   

Cuota de mercado de electrodos para soldadura con varilla

El panorama competitivo del mercado proporciona detalles por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento de productos, la amplitud y variedad de productos, y el dominio de las aplicaciones. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado.

Algunos de los principales actores que operan en el mercado son:

• voestalpine Böhler Welding Group GmbH (Austria)
• Ador Welding Limited (India)
• D&H Sécheron (Francia)
• Daido Steel Co., Ltd. (Japón)
• La Lincoln Electric Company (Estados Unidos)
• Miller Electric Mfg. LLC (Estados Unidos)
• KOBE STEEL, LTD. (Japón)
• FÁBRICA DE ELECTRODOS DE SOLDADURA ZULFI CO. LTD (Arabia Saudita)
• ESAB (Suecia)
• Corporación CS (Corea del Sur)
• RME ORIENTE MEDIO FZCO (EAU)
• capilla GmbH (Alemania)
• Grupo de materiales de soldadura Tianjin Golden Bridge Co., Ltd (China)

SKU-67650