Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- 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.

The global Tungsten Electrode market is valued at 93 million US$ in 2018 is expected to reach 110 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025.

Access Sample PDF version of this Report at: https://www.qyresearch.com/sample-form/form/964477/global-tungsten-electrode-development-overview

Based on types of Tungsten Electrode available in the market, the report mainly separates the market into Pure Tungsten, Thoriated Tungsten, Lanthanum Tungsten, Cerium Tungsten, Yttrium Tungsten and Others. The market for Thoriated Tungsten accounted for the largest market share in 2016.

At present, the major players of Tungsten Electrode are BGRIMM, ATTL Advanced Materials, Winner Tungsten Product, Weldstone, E3, Metal Cutting, Wolfram Industrie, Diamond Ground Products, SUNRAIN Tungsten, Huntingdon Fusion Techniques, etc. The top five of them is holding more than 57% sales market share in 2016.

This report focuses on Tungsten Electrode volume and value at global level, regional level and company level. From a global perspective, this report represents overall Tungsten Electrode market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Diamond Ground Products

E3

Weldstone

Winner Tungsten Product

Huntingdon Fusion Techniques

Wolfram Industrie

Metal Cutting

BGRIMM

ATTL Advanced Materials

SUNRAIN Tungsten

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Pure Tungsten

Thoriated Tungsten

Lanthanum Tungsten

Cerium Tungsten

Yttrium Tungsten

Others

Segment by Application

TIG Welding

Plasma Welding

Cutting

Thermal Spray

Others

Get Complete Report in your Inbox within 24 hours: https://www.qyresearch.com/settlement/pre/21f1a4f2a846c7fffbedaa29b1e5910a,0,1,Global%20Tungsten%20Electrode%20Development%20Overview%202019

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.