| Product Code: ETC5332416 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland witnessed a steady increase in welding electrodes import shipments, with the UK, Turkey, Sweden, China, and the Netherlands emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a market concentration, suggesting strong competition among these key players. With a compound annual growth rate (CAGR) of 6.32% from 2020 to 2024 and a notable growth rate of 20.14% in 2023-24, the welding electrodes market in Ireland is displaying resilience and potential for further expansion.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Welding Electrodes Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Welding Electrodes Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Welding Electrodes Market - Industry Life Cycle |
3.4 Ireland Welding Electrodes Market - Porter's Five Forces |
3.5 Ireland Welding Electrodes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Welding Electrodes Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Ireland Welding Electrodes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for welding in construction and infrastructure projects |
4.2.2 Increasing adoption of automation in welding processes |
4.2.3 Technological advancements in welding electrode materials and designs |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like steel and alloys |
4.3.2 Stringent regulatory standards and certifications for welding electrodes |
4.3.3 Increasing competition from substitute technologies like adhesives and fasteners |
5 Ireland Welding Electrodes Market Trends |
6 Ireland Welding Electrodes Market Segmentations |
6.1 Ireland Welding Electrodes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Welding Electrodes Market Revenues & Volume, By Stick Electrodes, 2021-2031F |
6.1.3 Ireland Welding Electrodes Market Revenues & Volume, By Coiled Wires, 2021-2031F |
6.2 Ireland Welding Electrodes Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Ireland Welding Electrodes Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Ireland Welding Electrodes Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Ireland Welding Electrodes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Ireland Welding Electrodes Market Revenues & Volume, By Others, 2021-2031F |
7 Ireland Welding Electrodes Market Import-Export Trade Statistics |
7.1 Ireland Welding Electrodes Market Export to Major Countries |
7.2 Ireland Welding Electrodes Market Imports from Major Countries |
8 Ireland Welding Electrodes Market Key Performance Indicators |
8.1 Average selling price of welding electrodes |
8.2 Adoption rate of new welding technologies |
8.3 Percentage of skilled welders in the workforce |
8.4 RD investment in developing innovative welding electrode materials |
8.5 Customer satisfaction levels with welding electrode performance |
9 Ireland Welding Electrodes Market - Opportunity Assessment |
9.1 Ireland Welding Electrodes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Welding Electrodes Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Ireland Welding Electrodes Market - Competitive Landscape |
10.1 Ireland Welding Electrodes Market Revenue Share, By Companies, 2024 |
10.2 Ireland Welding Electrodes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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