Global Argon Gas Market Size study, By Mixture (Argon-carbon dioxide, Argon-oxygen, Argon-Helium, Argon-Hydrogen, Others), By Storage & Distribution and Transportation (Cylinder & packaged gas, Merchant liquid/bulk, Tonnage), By Function (Insulation, Illumination, Cooling), By End-Use Industry (Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Others), and Regional Forecasts 2022-2028
- BIZ4950355
- 200 Pages
- February 2022
- Materials and Chemicals
Argon is an inert, odorless, and colorless gas that is obtained from the fractional distillation of liquid air. The ubiquitous argon gas presents in its natural form in the type of several elements such as 36Ar, 38Ar, and 40Ar. Argon gas is highly adopted for shielding materials from oxidation during welding because of its inert reactivity property. It is also utilized for the connection of some ferrous and nonferrous alloys. The growing demand for electronic goods, technological developments, and rising application of argon gases across various applications automotive, electronics, lighting, energy, metal fabrication, healthcare, and many others are the primary factors for the market growth across the globe. For instance, according to the Indian Brand Equity Foundation (IBEF), in 2019, the appliances and consumer electronics market reached nearly USD 10.93 billion in India and is likely to increase to USD 21.18 billion by the end of 2025. However, the high cost of transportation due to rising fuel prices impedes the growth of the market over the forecast period of 2022-2028. Also, the potential development of the chemical industry is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Argon Gas market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growth of the pharmaceuticals industry and rising demand by the food & beverage sector. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as infrastructural developments, technological advancements, as well as rising industrialization in emerging nations, would create lucrative growth prospects for the Argon Gas market across the Asia-Pacific region.
Major market players included in this report are:
Air Liquide
Air Products and Chemicals, Inc.
Iwatani Corporation.
Praxair Technology, Inc.
Linde, Advanced Specialty Gases.
Airgas, Inc.
Messer Group GmbH
Matheson Tri-Gas, Inc.
BASF SE
AMCS Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Mixture:
Argon-carbon dioxide
Argon-oxygen
Argon-Helium
Argon-Hydrogen
Others
By Storage & Distribution and Transportation:
Cylinder & packaged gas
Merchant liquid/bulk
Tonnage
By Function:
Insulation,
Illumination
Cooling
By End-Use Industry:
Metal manufacturing & fabrication
Chemicals
Energy
Healthcare
Electronics
Food & beverage
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Argon Gas Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Argon Gas Market, by Region, 2020-2028 (USD Million)
1.2.2. Argon Gas Market, by Mixture, 2020-2028 (USD Million)
1.2.3. Argon Gas Market, by Storage & Distribution and Transportation, 2020-2028 (USD Million)
1.2.4. Argon Gas Market, by Function, 2020-2028 (USD Million)
1.2.5. Argon Gas Market, by End-Use Industry, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Argon Gas Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Argon Gas Market Dynamics
3.1. Argon Gas Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing demand of the electronic goods
3.1.1.2. Rising application in end-use industry
3.1.2. Market Challenges
3.1.2.1. High transportation cost due to rising fuel prices
3.1.3. Market Opportunities
3.1.3.1. Potential growth and development of the chemical industry
Chapter 4. Global Argon Gas Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Argon Gas Market, by Mixture
6.1. Market Snapshot
6.2. Global Argon Gas Market by Mixture, Performance - Potential Analysis
6.3. Global Argon Gas Market Estimates & Forecasts by Mixture 2019-2028 (USD Million)
6.4. Argon Gas Market, Sub Segment Analysis
6.4.1. Argon-carbon dioxide
6.4.2. Argon-oxygen
6.4.3. Argon-Helium
6.4.4. Argon-Hydrogen
6.4.5. Others
Chapter 7. Global Argon Gas Market, by Storage & Distribution and Transportation
7.1. Market Snapshot
7.2. Global Argon Gas Market by Storage & Distribution and Transportation, Performance - Potential Analysis
7.3. Global Argon Gas Market Estimates & Forecasts by Storage & Distribution and Transportation 2019-2028 (USD Million)
7.4. Argon Gas Market, Sub Segment Analysis
7.4.1. Cylinder & packaged gas
7.4.2. Merchant liquid/bulk
7.4.3. Tonnage
Chapter 8. Global Argon Gas Market, by Function
8.1. Market Snapshot
8.2. Global Argon Gas Market by Function, Performance - Potential Analysis
8.3. Global Argon Gas Market Estimates & Forecasts by Function 2019-2028 (USD Million)
8.4. Argon Gas Market, Sub Segment Analysis
8.4.1. Insulation
8.4.2. Illumination
8.4.3. Cooling
Chapter 9. Global Argon Gas Market, by End-Use Industry
9.1. Market Snapshot
9.2. Global Argon Gas Market by End-Use Industry, Performance - Potential Analysis
9.3. Global Argon Gas Market Estimates & Forecasts by End-Use Industry 2019-2028 (USD Million)
9.4. Argon Gas Market, Sub Segment Analysis
9.4.1. Metal manufacturing & fabrication
9.4.2. Chemicals
9.4.3. Energy
9.4.4. Healthcare
9.4.5. Electronics
9.4.6. Food & beverage
9.4.7. Others
Chapter 10. Global Argon Gas Market, Regional Analysis
10.1. Argon Gas Market, Regional Market Snapshot
10.2. North America Argon Gas Market
10.2.1. U.S. Argon Gas Market
10.2.1.1. Mixture estimates & forecasts, 2019-2028
10.2.1.2. Storage & Distribution and Transportation estimates & forecasts, 2019-2028
10.2.1.3. Function estimates & forecasts, 2019-2028
10.2.1.4. End-Use Industry estimates & forecasts, 2019-2028
10.2.2. Canada Argon Gas Market
10.3. Europe Argon Gas Market Snapshot
10.3.1. U.K. Argon Gas Market
10.3.2. Germany Argon Gas Market
10.3.3. France Argon Gas Market
10.3.4. Spain Argon Gas Market
10.3.5. Italy Argon Gas Market
10.3.6. Rest of Europe Argon Gas Market
10.4. Asia-Pacific Argon Gas Market Snapshot
10.4.1. China Argon Gas Market
10.4.2. India Argon Gas Market
10.4.3. Japan Argon Gas Market
10.4.4. Australia Argon Gas Market
10.4.5. South Korea Argon Gas Market
10.4.6. Rest of Asia Pacific Argon Gas Market
10.5. Latin America Argon Gas Market Snapshot
10.5.1. Brazil Argon Gas Market
10.5.2. Mexico Argon Gas Market
10.6. Rest of The World Argon Gas Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Air Liquide
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Air Products and Chemicals, Inc.
11.2.3. Iwatani Corporation.
11.2.4. Praxair Technology, Inc.
11.2.5. Linde, Advanced Specialty Gases.
11.2.6. Airgas, Inc.
11.2.7. Messer Group GmbH
11.2.8. Matheson Tri-Gas, Inc.
11.2.9. BASF SE
11.2.10. AMCS Corporation
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
TABLE 1. Global Argon Gas Market, report scope
TABLE 2. Global Argon Gas Market estimates & forecasts by Region 2019-2028 (USD Million)
TABLE 3. Global Argon Gas Market estimates & forecasts by Mixture 2019-2028 (USD Million)
TABLE 4. Global Argon Gas Market estimates & forecasts by Storage & Distribution and Transportation 2019-2028 (USD Million)
TABLE 5. Global Argon Gas Market estimates & forecasts by Function 2019-2028 (USD Million)
TABLE 6. Global Argon Gas Market estimates & forecasts by End-Use Industry 2019-2028 (USD Million)
TABLE 7. Global Argon Gas Market by segment, estimates & forecasts, 2019-2028 (USD Million)
TABLE 8. Global Argon Gas Market by region, estimates & forecasts, 2019-2028 (USD Million)
TABLE 9. Global Argon Gas Market by segment, estimates & forecasts, 2019-2028 (USD Million)
TABLE 10. Global Argon Gas Market by region, estimates & forecasts, 2019-2028 (USD Million)
TABLE 11. Global Argon Gas Market by segment, estimates & forecasts, 2019-2028 (USD Million)
TABLE 12. Global Argon Gas Market by region, estimates & forecasts, 2019-2028 (USD Million)
TABLE 13. Global Argon Gas Market by segment, estimates & forecasts, 2019-2028 (USD Million)
TABLE 14. Global Argon Gas Market by region, estimates & forecasts, 2019-2028 (USD Million)
TABLE 15. Global Argon Gas Market by segment, estimates & forecasts, 2019-2028 (USD Million)
TABLE 16. Global Argon Gas Market by region, estimates & forecasts, 2019-2028 (USD Million)
TABLE 17. U.S. Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 18. U.S. Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 19. U.S. Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 20. Canada Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 21. Canada Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 22. Canada Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 23. UK Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 24. UK Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 25. UK Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 26. Germany Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 27. Germany Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 28. Germany Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 29. RoE Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 30. RoE Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 31. RoE Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 32. China Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 33. China Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 34. China Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 35. India Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 36. India Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 37. India Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 38. Japan Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 39. Japan Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 40. Japan Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 41. RoAPAC Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 42. RoAPAC Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 43. RoAPAC Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 44. Brazil Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 45. Brazil Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 46. Brazil Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 47. Mexico Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 48. Mexico Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 49. Mexico Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 50. RoLA Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 51. RoLA Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 52. RoLA Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 53. Row Argon Gas Market estimates & forecasts, 2019-2028 (USD Million)
TABLE 54. Row Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 55. Row Argon Gas Market estimates & forecasts by segment 2019-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Argon Gas Market
TABLE 57. List of primary sources, used in the study of global Argon Gas Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered
Similar Reports
Photonic Crystals are attractive optical materials for controlling and manipulating the flow of light. The global market for components and modules using Photonic Crystals indicates a CAGR of 33.1% and is estimated to reach $20.4 billion in 2017.
Nanomaterials possess nanoscale dimensions ranging from 1 to 100 nanometers. They occur naturally or can be engineered with specific properties such as size, shape, surface, and chemistry. Volcanic ash and forest fibers are some of the examples of natural nano...
- Publish Date: September 10, 2016
- $5820
Global molded plastics market was valued at $529,845 million in 2016, and is expected to garner $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. Molded plastics are synthetically produced non-metallic compounds, which can be molded ...
- Publish Date: July 4, 2017
- $5370
