Market Overview

Welding electrodes are used to generate a current through a workpiece to shield two pieces together. Welding electrodes market stands to gain success globally due to the production of quality electrodes, and better financial planning. The rise in the welding electrodes market is directly proportional to the automotive & transportation, construction, and steel production in any country. The increment in refurbishing and renovation activities across the globe is anticipated to develop the growth of the welding electrodes market significantly.

The significant growth of the automotive & transportation, and construction industry, due to the rise in the number of applications across various end-user industries utilizing welding electrodes for repair and maintenance purposes will lead to pave lucrative opportunities and growth to the welding electrodes market. The increasing demand for hybrid cars and electric cars globally is anticipated to witness the lucrative growth opportunity for the welding electrodes market.

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Welding Electrodes Market Key Players

The manufacturers are increasing alliances with end-users to maintain hegemony in the welding electrodes market. The leading players are engaged. The key players in the Welding electrodes market are mentioned below:

• Weld Atlantic
• Kobelco
• Golden Bridge
• Shandong Solid Soldier
• Wuhan Temo Welding
• Colfax Corporation
• Tianjin Bridge
• Shandong Juli Welding
• Lincoln Electric
• Zhujiang Xiangjiang Welding

Welding Electrodes Market Segmentation

Welding electrodes market can be segmented on the basis of type and application

On the basis of type welding electrodes market is segmented as;

• Low Temperature Steel Electrode
• Heat-resistant Steel Electrode

On the basis of end-user industry welding electrodes market is segmented as;

• Oil and Gas industry
• Aerospace & Defense
• Building and Construction
• Automotive
• Pipe
• Shipbuilding
• Transportation