Uploaded on May 29, 2024
According to the latest research report by IMARC Group, The global argon market size reached US$ 415.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 637.5 Million by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032. More Info:- https://www.imarcgroup.com/argon-market
Argon Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
Global Argon Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
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las t ing resul ts .
Accord ing to the la tes t repor t by IMARC Group , t i t led "Argon Marke t : Globa l
Industry Trends, Share , S ize , Growth, Oppor tuni ty and Forecas t 2024 -
2032 ," t he g loba l a rgon marke t s ize reached US$ 415 .9 Mi l l ion in 2023 .
Argon is a chemica l ly ine r t , co lo r less , and odor less nob le gas found in the
Report Ear th ' s a tmosphe re . I t ho lds a c ruc ia l ro le in va r ious indust r ia l app l i ca t ions
due to i t s un ique p roper t i es .
Highlight and I t i s common ly emp loyed to c rea te con t ro l led a tmospheres in indus t r ies such
as meta lwo rk ing and e lec t ron ics manu fac tu r ing and is pa r t i cu la r ly va lued fo r
i t s ab i l i t y t o sh ie ld reac t i ve meta ls l i ke a luminum and t i t an ium f rom ox ida t ion
Description dur ing we ld ing and o ther h igh - tempera tu re p rocesses . As a resu l t , a rgon has
become an ind ispensab le componen t in many indus t r ia l opera t ions , ensur ing
the qua l i t y and in teg r i t y o f f in i shed p roduc ts .
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Report Description
G lo b a l A r g o n M a r k e t T r e n d s :
T h e g l o b a l a r g o n m a r k e t i s w i t n e s s i n g s i g n i f i c a n t g r o w th d r i v e n b y t h e e x p a n d i n g m e ta l f a b r i c a t i o n i n d u s t r y . T h e u s e o f a r g o n a s
a s h i e l d i n g g a s i n w e l d i n g e n h a n c e s t h e w e l d ' s s t r e n g th a n d r e d u c e s d e fe c t s , c o n t r i b u t i n g t o t h e m a r k e t ' s e x p a n s i o n .
F u r t h e r m o r e , t h e e l e c t r o n i c s s e c t o r r e l i e s o n a r g o n i n t h e p r o d u c t i o n o f s e m i c o n d u c t o r s a n d o t h e r s e n s i t i v e e l e c t r o n i c
c o m p o n e n t s , w h e r e m a i n t a i n i n g a c o n t a m i n a n t - f r e e e n v i r o n m e n t i s p a r a m o u n t . I n a d d i t i o n , t h e i n c r e a s e d a d o p t i o n o f a r g o n i n t h e
e n e r g y s e c t o r r e p r e s e n t s a n o t h e r m a j o r g r o w th - i n d u c i n g f a c to r . A r g o n f i n d s u s e i n t h e m a n u f a c t u r e o f e n e r g y - e f f i c i e n t w i n d o w s ,
e n h a n c i n g t h e i r i n s u l a t i n g p r o p e r t i e s .
A s s u s ta i n a b i l i t y g a i n s p r o m i n e n c e , a r g o n ' s r o l e i n i m p r o v i n g e n e r g y c o n s e r v a t i o n i s e x p e c t e d t o d r i v e i t s d e m a n d f u r t h e r .
M o r e o v e r , t h e m a r k e t i s w i t n e s s i n g a s h i f t t o w a r d s u s t a i n a b l e p r a c t i c e s , w i t h t h e d e v e l o p m e n t o f e c o - f r i e n d l y a r g o n p r o d u c t i o n
m e t h o d s t h a t r e d u c e v o l a t i l e o r g a n i c c o m p o u n d s ( V O C s ) . B e s i d e s , t h e a u t o m o t i v e i n d u s t r y r e p r e s e n t s a n o t h e r g r o w th a v e n u e f o r
t h e g l o b a l a r g o n m a r k e t . A s a u t o m a k e r s i n c r e a s i n g l y f o c u s o n f u e l e f f i c i e n c y a n d l i g h tw e i g h t m a t e r i a l s , a r g o n i s u t i l i z e d i n
m a n u f a c t u r i n g a i r b a g s a n d a s a c o m p o n e n t i n s p e c i a l i z e d a i r b a g i n f l a t i o n s y s te m s . F u r t h e r m o r e , a r g o n ' s u s e i n t h e m e d i c a l f i e l d
f o r c r y o p r e s e r v a t i o n a n d l a s e r s u r g e r i e s u n d e r s c o r e s i t s v e r s a t i l i t y a n d g r o w i n g s i g n i f i c a n c e i n m o d e r n h e a l t h c a r e .
L o o k in g f o r w a r d , t h e m a r k e t t o r e a c h U S $ 6 3 7 . 5 M i l l i o n b y 2 0 3 2 , e x h ib i t i n g a g r o w t h r a t e ( C A G R ) o f 4 . 7 % d u r i n g 2 0 2 4 - 2 0 3 2 .
V ie w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / a r g o n - m a r k e t
Type Insights:
• Liquid Argon
• Gas Argon
End User Insights:
Report • Metal Manufactur ing and Fabr icat ion
• Chemicals
Segmentation • Energy
• Healthcare
• Electronics
• Food and Beverage
• Others
Regional Insights:
• North America
• Asia-Pacifi c
• Europe
• Latin America
Report
• Middle East and Afr ica
Segmentation
• Air Liquide India
• Air Products and Chemicals Inc.
• Amcs Corporat ion
Competitive • BASF SE
• Buzwair Industria l Gases Factories
Landscape • Iwatani Corporation
with Key • Linde plc
Players • Messer SE & Co. KGaA
• Wesfarmers Company
How has the global argon market performed so far,
and how will it perform in the coming years?
What are the drivers, restraints, and opportunities
in the global argon market?
Key What is the impact of each driver, restraint, and
opportunity on the global argon market?
Questions
Answered in What are the key regional markets?
the Report
Which countries represent the most attractive
argon market?
What is the breakup of the market based on the
type?
Which is the most attractive type in the argon
market?
What is the breakup of the market based on the
end user?
Which is the most attractive end user in the argon
market?
Key What is the competitive structure of the global
argon market?
Questions
Answered in Who are the key players/companies in the global argon market?
the Report
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l A r g o n M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y T y p e
6 . 1 L i q u i d A r g o n
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 G a s A r g o n
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y E n d U s e r
7 . 1 M e t a l M a n u f a c t u r i n g a n d F a b r i c a t i o n
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 C h e m i c a l s
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
7 . 3 E n e r g y
7 . 3 . 1 M a r k e t T r e n d s
7 . 3 . 2 M a r k e t F o r e c a s t
7 . 4 H e a l t h c a r e
7 . 4 . 1 M a r k e t T r e n d s
7 . 4 . 2 M a r k e t F o r e c a s t
7 . 5 E l e c t r o n i c s
7 . 5 . 1 M a r k e t T r e n d s
Table of 7 . 5 . 2 M a r k e t F o r e c a s t 7 . 6 F o o d a n d B e v e r a g e
7 . 6 . 1 M a r k e t T r e n d s
7 . 6 . 2 M a r k e t F o r e c a s t
Contents 7 . 7 O t h e r s 7 . 7 . 1 M a r k e t T r e n d s
7 . 7 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y R e g i o n
8 . 1 N o r t h A m e r i c a
8 . 1 . 1 U n i t e d S t a t e s
8 . 1 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 1 . 2 M a r k e t F o r e c a s t
8 . 1 . 2 C a n a d a
8 . 1 . 2 . 1 M a r k e t T r e n d s
8 . 1 . 2 . 2 M a r k e t F o r e c a s t
8 . 2 A s i a - P a c i f i c
8 . 2 . 1 C h i n a
8 . 2 . 1 . 1 M a r k e t T r e n d s
8 . 2 . 1 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / a rgo n - m a r ke t / t o c
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