Report overview
Thorium tungsten electrode is the first rare earth tungsten electrode used, and it is also the tungsten electrode with the best welding performance so far. Therefore, this type of tungsten electrode has the highest market share in the world. However, because of the radioactive contamination of thorium tungsten electrode in the process of powder metallurgy, rolling, grinding and polishing, European and American countries restrict the production of this type of electrode, but because of its excellent welding performance, its use is not restricted.
This report aims to provide a comprehensive presentation of the global market for Thorium Tungsten Electrode, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thorium Tungsten Electrode. This report contains market size and forecasts of Thorium Tungsten Electrode in global, including the following market information:
Global Thorium Tungsten Electrode Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Thorium Tungsten Electrode Market Sales, 2018-2023, 2024-2032, (Tons)
Global top five Thorium Tungsten Electrode companies in 2022 (%)
The global Thorium Tungsten Electrode market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
(2N) 99% Tungsten Thorium Tungsten Electrode Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Thorium Tungsten Electrode include Oxyturbo, GCE, Eagle Alloys, Midwest Tungsten Service?MTS?, Diamond Ground Products, UNIMIG, American Elements, Wolfram Industrie and Weldstone, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Thorium Tungsten Electrode manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thorium Tungsten Electrode Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Thorium Tungsten Electrode Market Segment Percentages, by Type, 2022 (%)
(2N) 99% Tungsten Thorium Tungsten Electrode
(3N) 99.9% Tungsten Thorium Tungsten Electrode
(4N) 99.99% Tungsten Thorium Tungsten Electrode
(5N) 99.999% Tungsten Thorium Tungsten Electrode
Global Thorium Tungsten Electrode Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Thorium Tungsten Electrode Market Segment Percentages, by Application, 2022 (%)
Plasma Welding
Argon Arc Welding
DC Welding
Others
Global Thorium Tungsten Electrode Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Thorium Tungsten Electrode Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thorium Tungsten Electrode revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thorium Tungsten Electrode revenues share in global market, 2022 (%)
Key companies Thorium Tungsten Electrode sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Thorium Tungsten Electrode sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Oxyturbo
GCE
Eagle Alloys
Midwest Tungsten Service?MTS?
Diamond Ground Products
UNIMIG
American Elements
Wolfram Industrie
Weldstone
Dynaweld
Poly Metal India
Washington Alloy
Beijing BTM Science&Technology Co.,Ltd
Winner Tungsten Product Co.,Ltd
Shandong Mailke Tungsten Molybdenum Technology Co.,Ltd
Dezhou Huarui Tungsten and Molybdenum Technology Co., Ltd
Jiangsu BTMMF Advanced Materials Science & Technology Co., Ltd
Advanced Technology & Materials Co.,Ltd
Shandong Huaye Tungsten Molybdenum Technology Co., Ltd
Xiamen Tungsten Co.,Ltd
Chongyi Zhangyuan Tungsten Co.,Ltd
China Tungsten And Hightech Materials Co.,Ltd
Guangdong Xianglu Tungsten Co.,Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thorium Tungsten Electrode, market overview.
Chapter 2: Global Thorium Tungsten Electrode market size in revenue and volume.
Chapter 3: Detailed analysis of Thorium Tungsten Electrode manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thorium Tungsten Electrode in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thorium Tungsten Electrode capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
