Argon Gas Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Argon Gas Market covers analysis By End-Use (Metal Manufacturing and Fabrication, Healthcare, Food and Beverages, Energy, Chemicals, Electronics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00025283
  • Category : Chemicals and Materials
  • No. of Pages : 150

Argon Gas Market Strategies and Share 2031

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MARKET INTRODUCTION

Argon is a colorless, odorless, inert gas obtained through the fractional distillation of liquid air. The omnipresent argon gas exists in the form of various isotopes such as 36Ar, 38Ar, and 40Ar. Due to its inert reactivity, argon gas is extensively used for shielding metals from oxidation during welding. Also, it is utilized for joining numerous ferrous and nonferrous alloys. Further, argon gas finds applications in the aerospace, automotive, and aircraft industries where it is used for welding parts and frames.

MARKET DYNAMICS

The growth of the argon gas market is driven by the factors such as consumption and demand from the flourishing metal fabrication sector and increasing use of argon as a cryogenic inert gas. Argon is utilized during production and storage in the pharmaceutical and food & beverage packaging industry. Furthermore, the growing electronics sector is one of the crucial sectors supporting market growth. Argon gas is utilized for the production of flat panels, semiconductors, solar PV cells, and microelectronic devices in the electronics sector. Moreover, with rapid urbanization, the surge in infrastructural activities, and rising industrialization worldwide, there is expected to propel the argon gas market during the forecast period.

MARKET SCOPE

The "Global Argon Gas Market Analysis to 2031" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the argon gas market with detailed market segmentation by end-use. The global argon gas market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading argon gas market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global argon gas market is segmented into end-use. By end-use, the argon gas market is classified into Metal Manufacturing & Fabrication, Healthcare, Food & Beverages, Energy, Chemicals, Electronics, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global argon gas market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The argon gas market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the argon gas market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the argon gas market in these regions.

Argon Gas Market Report Analysis

Argon Gas Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Praxair Inc
  • Air Liquide S A
  • The Linde Group
  • Messer Group GmbH Airgas Inc
  • BASF
  • Matheson Tri Gas Inc
  • Air Products and Chemicals Inc
  • Advanced Specialty Gases Inc
  • Iwatani Corporation

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By End-Use
  • Metal Manufacturing and Fabrication
  • Healthcare
  • Food and Beverages
  • Energy
  • Chemicals
  • Electronics
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The report covers vital developments in the argon gas market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the argon gas market are anticipated to witness lucrative growth opportunities in the future with the rising demand for argon gas in the global market. Below mentioned is the list of few companies engaged in the argon gas market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the argon gas market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Praxair Inc.
  •   Air Liquide S.A.
  •   The Linde Group
  •   Messer Group GmbH
  •   Airgas Inc.
  •   BASF
  •   Matheson Tri-Gas Inc.
  •   Air Products and Chemicals Inc.
  •   Advanced Specialty Gases Inc.
  •   Iwatani Corporation
  •   - -
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Argon Gas Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By End-Use
  • Metal Manufacturing and Fabrication
  • Healthcare
  • Food and Beverages
  • Energy
  • Chemicals
  • Electronics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Praxair Inc
  • Air Liquide S A
  • The Linde Group
  • Messer Group GmbH Airgas Inc
  • BASF
  • Matheson Tri Gas Inc
  • Air Products and Chemicals Inc
  • Advanced Specialty Gases Inc
  • Iwatani Corporation
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

1.Praxair Inc.
2.Air Liquide S.A.
3.The Linde Group
4.Messer Group GmbH Airgas Inc.
5.BASF
6.Matheson Tri-Gas Inc.
7.Air Products and Chemicals Inc.
8.Advanced Specialty Gases Inc.
9.Iwatani Corporation

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