Global Welding Electrode market cagr 8.5%

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Welding Electrode Market

Welding Electrode Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Welding Electrode Market Size and Growth

The global welding electrode market is projected to reach a size of USD 4.5 billion by 2025, as per recent market research reports. Factors such as increasing demand from industries such as construction and automotive, coupled with technological advancements in welding techniques, are driving the market growth.

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Companies Covered (Covid 19 Impact Covered)

◍ Gloden Bridge

◍ Tianjin Bridge

◍ Weld Atlantic

◍ Shandong Solid Solider

◍ Shandong Juli Welding

◍ Zhujiang Xiangjiang Welding

◍ Wuhan Temo Welding

◍ Changzhou Huatong Welding

◍ Colfax Corporation

◍ ITW

◍ Kobelco

◍ Lincoln Electric

◍ Voestalpine

◍ Sandvik

◍ Gedik Welding

◍ CORODUR

◍ Jinglei Welding

The Welding Electrode Market is highly competitive with key players such as Golden Bridge, Tianjin Bridge, Weld Atlantic, Shandong Solid Soldier, and more. These companies offer a wide range of welding electrode products and services to meet the demands of various industries, which helps drive the growth of the market.

- Golden Bridge: Revenue of $800 million

- Tianjin Bridge: Revenue of $650 million

- Lincoln Electric: Revenue of $3.1 billion

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Market Segmentation

By Application

◍ Automotive

◍ Construction

◍ Aerospace & Defense

◍ Shipbuilding

◍ Pipe

By Product

◍ Heat-resistant Steel Electrode

◍ Low Temperature Steel Electrode

◍ Others

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$ X Billion USD
Market Growth
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