"Executive Summary Stick Welding Electrode Market: Share, Size & Strategic Insights
CAGR Value
The global stick welding electrode market size was valued at USD 950.36 million in 2024 and is expected to reach USD 1341.20 million by 2032, at a CAGR of 4.4% during the forecast period
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Stick Welding Electrode Industry Statistics Overview
The global stick welding electrode market is segmented based on coating type, material, diameter, and end-use industry. Coating type includes rutile, basic, cellulosic, and others. Among these, rutile electrodes are known for their ease of use, suitable for thin materials, and provide good welding results. Basic electrodes are ideal for high-strength welding applications, whereas cellulosic electrodes are commonly used in the construction industry due to their high deposition rates. Materials for stick welding electrodes mainly consist of mild steel, low alloy steel, stainless steel, cast iron, and others. Mild steel electrodes are extensively used for general fabrication, while stainless steel electrodes are preferred for corrosion-resistant applications. The market also differentiates by diameter, with options like 2.5mm, 3.2mm, 4.0mm, and others. Moreover, end-use industries driving the demand for stick welding electrodes include construction, automotive, shipbuilding, repair & maintenance, among others.