The argon gas market was valued at USD 273.7 Million in 2014, and is projected to grow at a CAGR of 4.92% from 2015 to 2020. The merchant liquid/bulk segment is the fastest-growing, by storage, distribution & transportation in the argon gas market. The Asia-Pacific market is projected to grow at the highest rate. In terms of end-use industry, the metal manufacturing & fabrication sector is the fastest-growing segment, followed by the chemicals sector.
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The report is segmented on the basis of end-use industry; storage, distribution & transportation; mixture; function; and region. On the basis of end-use industry, the market is segmented into metal manufacturing & fabrication, chemicals, energy, healthcare, electronics, food & beverage, and others. The metal manufacturing & fabrication segment is projected to witness the highest growth based on end-use industry from 2015 to 2020. The storage, distribution & transportation of argon gas include cylinder & packaged gas, merchant liquid/bulk, and tonnage. The cylinder & packaged gas segment accounted for the largest share of the total argon gas market in 2014.
The argon gas market is projected to register a CAGR of 4.92% from 2015 to 2020. Factors such as increasing demand for electronic products, growing need for convenience food, and increasing construction activities drive the argon gas market. However, high equipment cost acts as a restraint for the market. Growth of the chemical end-use industry in developing and under-developed regions provides an opportunity to the argon gas market to grow even further.
Leading players in the argon gas market include Praxair Inc. (U.S.), Air Liquide S.A. (France), The Linde Group (Germany), Messer Group GmbH (Germany), Airgas Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), Advanced Specialty Gases Inc. (U.S.) and Iwatani Corporation (Japan). The main strategies adopted by these companies are expansions and investments. The requirements of manufacturers to adhere to the standards set by governments for argon gas make it essential for them to continually invest in research & development activities for innovative solutions. Companies are adopting inorganic growth strategies such as acquisitions to cope with the increasing demand for argon gas in key emerging markets. These strategies have helped companies to create a large customer and partner base in key markets.
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Data Bridge Market Research Published Best growth report on Global Argon Gas Market report delivers comprehensive investigation about the business growth enhancers and obstructers, earlier and current Argon Gas trends being followed by the Market, and the comparison between the worldwide as well as regional Size will escalate rapidly in the Near Future with Argon Gas Trends and Revenue Growth Rate.
The Global Argon Gas Market report offers a detailed review of commercial intelligence at global level with extensive research and analysis capabilities.
The major players covered in the argon gas market 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, TAIYO NIPPON SANSO CORPORATION, Gulf CryoArgon gas market will reach an estimated valuation of USD 513.65 Million by 2027, while registering this growth at a rate of 5.0% for the forecast period of 2020 to 2027.Up to 30% Discount Only available here, Click Here For Complete Sample Copy of Argon Gas Market: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-argon-gas-marketGlobal Argon Gas Market Dynamics:The market study provides details of drivers and restraints for the Argon Gas Market with the help of SWOT analysis, along with the impact they have on the demand over the forecast period.
This report makes you focus on the more important aspects of the market like what the market recent trends are.Global Argon Gas Market Trends:Global Argon Gas Market By Gas Phase (Liquid, Gas)Grade (Food Grade, Industrial Grade, Scientific Grade, Others)Storage, Transportation & Distribution (Cylinders & Packaged Gas, Merchant Liquid/Bulk, Tonnage)Mixture (Argon-Carbon Dioxide, Argon-Oxygen, Argon-Helium, Argon-Hydrogen, Other Mixtures)Function (Insulation, Illumination, Cooling)End-Use Industry (Metal Manufacturing & Fabrication, Food & Beverages, Healthcare, Energy, Chemicals, Electronics, Others)The geometric data brought together to generate this Argon Gas report is mostly denoted with the graphs, tables and charts which make this report more user-friendly.
Additionally, this report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs or media, selling methods and the best way of distributing the goods to the eventual consumers.
Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services.Read Detailed Index of Global Argon Gas Market @ https://www.databridgemarketresearch.com/toc/?dbmr=global-argon-gas-marketCompetitive Landscape:The Argon Gas Market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.What’s keeping “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, TAIYO NIPPON SANSO CORPORATION, Gulf Cryo, Coregas, Buzwair Industrial Gases Factories” Ahead in the Argon Gas Market.How can Argon Gas report research study help your business?The information presented in the report helps your decision makers to become prudent and make the best business choices.The report enables you to see the future of the Argon Gas Market and accordingly take decisions that will be in the best interest of your business.It offers you a forward-looking perspective of the Argon Gas Market drivers and how you can secure significant market gains in the near future.It provides SWOT analysis of the Argon Gas Market along with useful graphics and detailed statistics providing quick information about the market’s overall progress throughout the forecast period.It also assesses the changing competitive dynamics of the Argon Gas Market using pin-point evaluation.Any query?
The global argon gas market held USD 471.802 million in 2020 and is to grow with a CAGR of 9.5% from 2020-2030.
As urban environments evolve at breakneck speed, the sector has seen a spike in demand for speciality chemicals and diverse types of materials.A chemical compound is a separate substance or combination that has been created or refined intentionally, whereas a material is a compound that is used to make more complicated materials.
With a renewed focus on broadening product portfolios, end-user applications have become the major focus for most chemical firms, and they may take advantage of the current crisis to make product portfolio adjustments.
Chemical businesses may consider aligning their product strategy with market movements, prioritising demand, and leveraging existing and near-term trends to profit on new sources of demand, such as hygiene goods and services such as antibacterial coatings.
As a result, the chemicals and materials industry has a very favourable environment to expand in.Browse Full report on Global Argon Gas Market at https://www.decisionforesight.com/reports/argon-gas-market Market Segmentation:Based on gas phase, the global argon gas market is segmented into gas and liquid.
In order to manage volatility on a playing field where trade flows change direction gradually, fragile economic circumstances must be managed.
Argon Gas Market by End-Use Industry (Metal Manufacturing & fabrication, Chemicals), Storage, Distribution & Transportation (Cylinder & packaged gas, Merchant liquid), Mixture (Ar-CO2, Ar-O2), Function (Insulation) & Region - Global Forecast to 2020Browse 161 market data tables with 56 figures across 226 pages and in-depth TOC on “Argon Gas Market”.The argon gas market is projected to register a CAGR of 4.92% from 2015 to 2020.
Growth of the chemical end-use industry in developing and under-developed regions provides an opportunity to the argon gas market to grow even further.Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=99838454The metal manufacturing & fabrication end-use industry segment is projected to grow at the highest CAGR of 5.61% from 2015 to 2020.
The metal manufacturing & fabrication end-use industry segment is projected to grow at the highest CAGR of 5.61% from 2015 to 2020.
The key players of the argon gas market implement different strategies such as expansions & investments, new product launches, agreements, partnerships, contracts, and joint ventures to gain a larger share in the market.Leading players in the argon gas market include Praxair Inc. (U.S.), Air Liquide S.A. (France), The Linde Group (Germany), Messer Group GmbH (Germany), Airgas Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), Advanced Specialty Gases Inc. (U.S.) and Iwatani Corporation (Japan).
Major companies rely on regional and local distributors to increase their share as well as geographical presence in the market.
Companies are adopting inorganic growth strategies such as acquisitions to cope with the increasing demand for argon gas in emerging markets.
