Argon Global Market Report 2022 – By Phase (Liquid, Gas), By Function (Cooling, Illumination, Illusion), By End-User (Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Other End-Users (includes scuba diving, automotive & transportation equipment) – Market Size, Trends, And Global Forecast 2022-2026
What is the definition of the argon market?
The argon market consists of sales of argon gas. Argon is a chemical element known as a Nobel gas (inert gas) isolated on a large scale by fractional distillation of liquid air and can be converted into colourless liquid form by lowering the temperature to below -186 degrees.
How will the argon market drivers and restraints affect argon market dynamics? What forces will shape the argon industry going forward?
The argon market growth is aided by growing demand from the electronics industry. However, some argon market restraints include rising costs
What is the forecast market size of the argon market?
The argon market forecast is expected to reach $7.27 billion in 2023 at a compound annual growth rate of 10%.
How is the argon market segmented?
The global argon market is segmented:
1) By Phase: Liquid, Gas
2) By End-User: Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Others (includes scuba diving, automotive & transportation equipment)
Which region has largest share, and what is the market size and growth by geography according to the argon global market report?
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Who are the key players of the global argon market?
Top competitors in the argon market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, and Buzwair
What are the key trends in the global argon market?
Major trends influencing the argon market include adoption of iot (internet of things) technologies to connect equipment and smart devices to garner real time insights and locate gaps in the manufacturing process
What are the major opportunities in the argon market and the approaches companies can take to take advantage of them?
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How does the argon market relate to the overall economy and other similar markets?
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