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Global Stick Electrode Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 210 Pages
SKU # LOOK20514457

Description

Definition and Scope:

Stick Electrodes, are metal wires or rods with baked on chemical coatings, commonly used in welding activities. It is made out of materials with a similar composition to the metal being welded. Stick electrodes are consumable, meaning they become part of the weld, unlike the TIG electrodes, which are non-consumable as they do not melt and become part of the weld, requiring the use of a welding rod, therefore, it is under the category-Welding Consumables.

Stick electrode applications are no longer limited to traditional industries. For example, stick electrodes play an important role in the energy industry, especially in oil and gas exploration, extraction and processing. They are used to weld and repair oil Wells, pipelines, storage tanks and petroleum equipment. They provide high-strength, high-quality welds to meet the stringent safety and reliability requirements of the aerospace industry.

With the improvement of the automation level of welding industry, great changes have taken place in the overall structure of welding materials. The development of solid wire, flux-cored wire and efficient submerged arc welding products suitable for automatic welding has accelerated significantly due to the improvement of engineering demand for welding efficiency and the popularization of welding robots. Especially in recent years, for varieties with high added value and high technical performance, the global independent development and supporting supply capacity have gradually increased investment, and continue to improve the proportion of high-end welding structure.

The global Stick Electrode market size is projected to reach US$ 1183.12 Million by 2029 from US$ 955.50 million in 2022 at a CAGR of 3.07% during 2023-2029. Rising trend of retrofitting and refurbishing existing infrastructure is the Stick Electrode Market Growth core driving force. The increasing focus on sustainability and waste reduction is driving the demand for retrofitting and refurbishment of existing infrastructure. Some existing structures, such as buildings, Bridges and pipelines, require maintenance and repair to extend their service life and ensure safety. Welding is a common method for repairing or reinforcing damaged or degraded structures. For example, if a steel beam in a building shows signs of corrosion, it may need to be cut and replaced with a new beam, which requires welding. Similarly, pipes may need to be repaired due to leaks or other damage, and welding is usually the preferred repair method.

The automotive industry is one of the important drivers of the welding electrode market. Welding electrodes are widely used in the connection and assembly of automotive manufacturing processes. They can effectively connect various components of the vehicle, such as body structure, chassis components and engine components. The welding electrode provides a high-strength and reliable welded connection that can withstand vibration and shock during automotive use. The demand for welding electrodes in the Marine industry and maintenance sector is also increasing. A lot of welding work is needed in the process of ship construction and maintenance, and welding electrodes are widely used to connect hull structures and various equipment as common welding materials. In addition, repair and maintenance departments need to use welding electrodes to repair and improve equipment and structures.

At the same time, factors such as development of alternative products, environmental legislation, the adoption of automation and robotics, skilled labor shortage and raw material price fluctuation may hinder the rapid development of the Stick Electrode market.

Segment by Type, the Stick Electrode can be split into Bare Electrodes, Light Coated Electrodes, Shielded Arc, others. Current two types of Stick Electrode, Shielded Arc and Light Coated Electrodes, are the most used and already account for 59.07% and 21.72% of the market in 2022, respectively. Shielded arc has a wide range of applications. Shielded arc welding using stick electrodes is suitable for a wide range of welding applications. It can be used to weld various materials, including mild steel, stainless steel, cast iron, and certain non-ferrous metals. This versatility makes shielded arc welding with stick electrodes applicable in diverse industries, such as construction, automotive, shipbuilding, oil and gas, and manufacturing. Shielded arc welding with stick electrodes does not require an external shielding gas, unlike some other welding processes like gas metal arc welding (GMAW) or gas tungsten arc welding (GTAW). Light coated electrodes are known for their ability to produce high-quality welds with excellent mechanical properties. The composition of the light coating, typically containing cellulose or similar materials, contributes to the formation of a reducing gas shield during welding. This shield helps to protect the molten weld pool from atmospheric contamination, resulting in welds with low hydrogen content and improved toughness and ductility.

According to the application, the Stick Electrode can be split into Construction and Infrastructure, Manufacturing and Fabrication, Pipelines and Oil & Gas Industry, Others. In 2022, the three industries of Construction and Infrastructure, Manufacturing and Fabrication, Pipelines and Oil & Gas Industry have occupied 25.93%, 42.09% and 18.76% of the market share respectively. The manufacturing and fabrication industry plays a crucial role in the application of the stick electrode market, as they heavily rely on welding operations for joining and fabricating various metal components and structures. Stick electrodes are widely used in these operations, offering a versatile and cost-effective welding solution. They enable the fabrication of metal products, machinery, equipment, and structures used in diverse industries. Also, the manufacturing and fabrication industry often deals with the production of critical structures that require high structural integrity. Stick electrodes provide strong and reliable welds, ensuring the durability and safety of fabricated components. They enable the joining of metal parts, ensuring structural stability and integrity in applications such as buildings, bridges, and industrial equipment.

On basis of geography, the Stick Electrode market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. Currently, the Asia-Pacific region contributes the highest revenue to the market. The Asia-Pacific region has experienced significant industrial growth and rapid industrialization in recent decades. Countries like China, India, Japan, South Korea, and Southeast Asian nations have witnessed substantial development in manufacturing, construction, infrastructure, and automotive sectors. This industrialization has created a substantial demand for stick electrodes in welding applications. The Asia-Pacific region has a significant energy demand and is witnessing rapid growth in the energy and oil & gas sectors. Infrastructure development, pipeline construction, and exploration and production activities in the oil & gas industry require welding operations, creating a substantial market for stick electrodes.

According to our calculations, in 2022, the two indicators used to measure market concentration, CR5 and HHI, will be 27.78% and 1.67% respectively. These two indicators show that the current Stick Electrode market is very unconcentrated, and companies in the market are in a stage of fierce competition. The existence of multiple manufacturers competing for market share prevents high concentration and fosters a competitive environment. Major players in the market include Lincoln Electric Company, ESAB, voestalpine Böhler Welding, ITW Welding, Tianjin Bridge Welding Materials, Castolin Eutectic, Kobe Steel, Ltd., Hyundai Welding, African Oxygen Ltd, Tianjin Golden Bridge, Shandong Juli Welding, Corodur Flux Wire GmbH, Welding Alloys Ltd, HIT Welding Industry Co. Ltd, Eureka.

This report offers a comprehensive analysis of the global Stick Electrode market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Stick Electrode market.

Global Stick Electrode Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Stick Electrode market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Stick Electrode Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Lincoln Electric Company

ESAB

voestalpine B?hler Welding

ITW Welding

Tianjin Bridge Welding Materials

Castolin Eutectic

Kobe Steel, Ltd.

Hyundai Welding

African Oxygen Ltd

Tianjin Golden Bridge

Shandong Juli Welding

Miller Electric Mfg. Co.

Corodur Flux Wire GmbH

Welding Alloys Ltd

HIT Welding Industry Co. Ltd

Market Segmentation by Type

Bare Electrodes

Light Coated Electrodes

Shielded Arc

Others

Market Segmentation by Application

Construction and Infrastructure

Manufacturing and Fabrication

Pipelines and Oil & Gas Industry

Other

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Stick Electrode Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

210 Pages
1 Introduction to Research & Analysis Reports
1.1 Stick Electrode Market Definition
1.2 Stick Electrode Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Stick Electrode Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Stick Electrode Market Competitive Landscape
4.1 Global Stick Electrode Sales by Manufacturers (2020-2025)
4.2 Global Stick Electrode Revenue Market Share by Manufacturers (2020-2025)
4.3 Stick Electrode Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Stick Electrode Market by Region
5.1 Global Stick Electrode Market Size by Region
5.1.1 Global Stick Electrode Market Size by Region
5.1.2 Global Stick Electrode Market Size Market Share by Region
5.2 Global Stick Electrode Sales by Region
5.2.1 Global Stick Electrode Sales by Region
5.2.2 Global Stick Electrode Sales Market Share by Region
6 North America Market Overview
6.1 North America Stick Electrode Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Stick Electrode Market Size by Type
6.3 North America Stick Electrode Market Size by Application
6.4 Top Players in North America Stick Electrode Market
7 Europe Market Overview
7.1 Europe Stick Electrode Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Stick Electrode Market Size by Type
7.3 Europe Stick Electrode Market Size by Application
7.4 Top Players in Europe Stick Electrode Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Stick Electrode Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Stick Electrode Market Size by Type
8.3 Asia-Pacific Stick Electrode Market Size by Application
8.4 Top Players in Asia-Pacific Stick Electrode Market
9 South America Market Overview
9.1 South America Stick Electrode Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Stick Electrode Market Size by Type
9.3 South America Stick Electrode Market Size by Application
9.4 Top Players in South America Stick Electrode Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Stick Electrode Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Stick Electrode Market Size by Type
10.3 Middle East and Africa Stick Electrode Market Size by Application
10.4 Top Players in Middle East and Africa Stick Electrode Market
11 Stick Electrode Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Stick Electrode Sales Market Share by Type (2020-2033)
11.3 Global Stick Electrode Market Size Market Share by Type (2020-2033)
11.4 Global Stick Electrode Price by Type (2020-2033)
12 Stick Electrode Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Stick Electrode Market Sales by Application (2020-2033)
12.3 Global Stick Electrode Market Size (M USD) by Application (2020-2033)
12.4 Global Stick Electrode Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Lincoln Electric Company
13.1.1 Lincoln Electric Company Company Overview
13.1.2 Lincoln Electric Company Business Overview
13.1.3 Lincoln Electric Company Stick Electrode Major Product Offerings
13.1.4 Lincoln Electric Company Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.1.5 Key News
13.2 ESAB
13.2.1 ESAB Company Overview
13.2.2 ESAB Business Overview
13.2.3 ESAB Stick Electrode Major Product Offerings
13.2.4 ESAB Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.2.5 Key News
13.3 voestalpine B?hler Welding
13.3.1 voestalpine B?hler Welding Company Overview
13.3.2 voestalpine B?hler Welding Business Overview
13.3.3 voestalpine B?hler Welding Stick Electrode Major Product Offerings
13.3.4 voestalpine B?hler Welding Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.3.5 Key News
13.4 ITW Welding
13.4.1 ITW Welding Company Overview
13.4.2 ITW Welding Business Overview
13.4.3 ITW Welding Stick Electrode Major Product Offerings
13.4.4 ITW Welding Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.4.5 Key News
13.5 Tianjin Bridge Welding Materials
13.5.1 Tianjin Bridge Welding Materials Company Overview
13.5.2 Tianjin Bridge Welding Materials Business Overview
13.5.3 Tianjin Bridge Welding Materials Stick Electrode Major Product Offerings
13.5.4 Tianjin Bridge Welding Materials Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.5.5 Key News
13.6 Castolin Eutectic
13.6.1 Castolin Eutectic Company Overview
13.6.2 Castolin Eutectic Business Overview
13.6.3 Castolin Eutectic Stick Electrode Major Product Offerings
13.6.4 Castolin Eutectic Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.6.5 Key News
13.7 Kobe Steel, Ltd.
13.7.1 Kobe Steel, Ltd. Company Overview
13.7.2 Kobe Steel, Ltd. Business Overview
13.7.3 Kobe Steel, Ltd. Stick Electrode Major Product Offerings
13.7.4 Kobe Steel, Ltd. Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.7.5 Key News
13.8 Hyundai Welding
13.8.1 Hyundai Welding Company Overview
13.8.2 Hyundai Welding Business Overview
13.8.3 Hyundai Welding Stick Electrode Major Product Offerings
13.8.4 Hyundai Welding Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.8.5 Key News
13.9 African Oxygen Ltd
13.9.1 African Oxygen Ltd Company Overview
13.9.2 African Oxygen Ltd Business Overview
13.9.3 African Oxygen Ltd Stick Electrode Major Product Offerings
13.9.4 African Oxygen Ltd Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.9.5 Key News
13.10 Tianjin Golden Bridge
13.10.1 Tianjin Golden Bridge Company Overview
13.10.2 Tianjin Golden Bridge Business Overview
13.10.3 Tianjin Golden Bridge Stick Electrode Major Product Offerings
13.10.4 Tianjin Golden Bridge Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.10.5 Key News
13.11 Shandong Juli Welding
13.11.1 Shandong Juli Welding Company Overview
13.11.2 Shandong Juli Welding Business Overview
13.11.3 Shandong Juli Welding Stick Electrode Major Product Offerings
13.11.4 Shandong Juli Welding Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.11.5 Key News
13.12 Miller Electric Mfg. Co.
13.12.1 Miller Electric Mfg. Co. Company Overview
13.12.2 Miller Electric Mfg. Co. Business Overview
13.12.3 Miller Electric Mfg. Co. Stick Electrode Major Product Offerings
13.12.4 Miller Electric Mfg. Co. Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.12.5 Key News
13.13 Corodur Flux Wire GmbH
13.13.1 Corodur Flux Wire GmbH Company Overview
13.13.2 Corodur Flux Wire GmbH Business Overview
13.13.3 Corodur Flux Wire GmbH Stick Electrode Major Product Offerings
13.13.4 Corodur Flux Wire GmbH Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.13.5 Key News
13.14 Welding Alloys Ltd
13.14.1 Welding Alloys Ltd Company Overview
13.14.2 Welding Alloys Ltd Business Overview
13.14.3 Welding Alloys Ltd Stick Electrode Major Product Offerings
13.14.4 Welding Alloys Ltd Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.14.5 Key News
13.15 HIT Welding Industry Co. Ltd
13.15.1 HIT Welding Industry Co. Ltd Company Overview
13.15.2 HIT Welding Industry Co. Ltd Business Overview
13.15.3 HIT Welding Industry Co. Ltd Stick Electrode Major Product Offerings
13.15.4 HIT Welding Industry Co. Ltd Stick Electrode Sales and Revenue fromStick Electrode (2020-2025)
13.15.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Stick Electrode Market
14.7 PEST Analysis of Stick Electrode Market
15 Analysis of the Stick Electrode Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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