Argon gas market was valued at USD 5.27 billion in 2021 and is expected to reach USD 16.81 billion by 2029, registering a CAGR of 15.60% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
The third noble gas in period 8, with an atomic number of 18, is argon gas. This gas has no flavour or color and is inert. It is separated from liquid air through a process called fractional distillation, and it exists in the form of natural isotopes like 40Ar, 36Ar, and 38Ar. It accounts for around 1% of the Earth's atmosphere.
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Some of the major players operating in the argon gas market are:
- Air Products Inc., (U.S.)
- Linde Plc (Germany)
- Air Liquide (France)
- Ellenbarrie Industrial Gases (India)
- Praxair Technology, Inc., (U.S.)
- TAIYO NIPPON SANSO CORPORATION, (Japan)
- AIMS INDUSTRIES PRIVATE LIMITED (India)
- scicalgas (U.S.)
- SOL Group (Italy)
- Atlas Copco AB (Sweden)
- Zaburitz Pearl Energy Co., Ltd., (Myanmar)
- Rotarex (Luxembourg)
Global Argon Gas Market Scope:
The argon gas market is segmented on the basis of gas phase, grade, storage, mixture, function and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Gas Phase
- Liquid
- Gas
Grade
- Food Grade
- Industrial Grade
- Scientific Grade
- High Purity Grade
- Ultra-High Purity Grade
- Others
Storage
- Cylinders and Packaged Gas
- Merchant Liquid/Bulk
- Tonnage
Mixture
- Argon-Carbon Dioxide
- Argon-Oxygen
- Argon-Helium
- Argon-Hydrogen
- Other Mixtures
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Argon Gas Market Regional Analysis/Insights:
The argon gas market is analyzed and market size insights and trends are provided by country, gas phase, grade, storage, mixture, function and end-use industry as referenced above.
The countries covered in the argon gas market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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