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Ar Gas-Global Market Insights and Sales Trends 2025
Synopsis
Argon is a chemical element with the chemical symbol Ar and atomic number 18. Argon is a rare gas that is part of the Earth's atmosphere. It is a colorless, tasteless and odorless inert gas. It is a monatomic molecular gas under normal temperature and pressure and is chemically very stable. The main application areas of argon include:
Welding: Argon is a commonly used protective gas, used for argon arc welding, TIG (Tungsten Inert Gas) welding and MIG (Metal Inert Gas) welding. It protects molten metal from oxygen and other impurities in the air.
Electronic equipment manufacturing: Argon is used as a filling gas in electronic equipment manufacturing, such as the manufacture of electron tubes, semiconductor devices and lasers.
Preservation and Refrigeration: Liquefied argon is often used to freeze and refrigerate foods and pharmaceuticals to extend their shelf life.
Medical Applications: Argon is used in the medical field as a gas in operating rooms and wards, often for surgical anesthesia and other medical applications.
The global Ar Gas market size is expected to reach US$ 6133.6 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Ar Gas in various end use industries. The expanding demands from the Metal manufacturing, Chemicals and Others,, are propelling Ar Gas market. Cylinder & Packaged Gas, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Merchant Liquid/Bulk segment is estimated at % CAGR for the next seven-year period.
The Asia-Pacific region is the largest market for argon, with China being the largest consumer. The region is also expected to witness the highest growth rate during the forecast period owing to the expansion of end-use industries such as welding and metal fabrication in the region. The North American market is mature and expected to grow at a moderate pace during the forecast period. The United States is the largest consumer of argon in North America and has a well-established industrial gas industry. However, declining oil and gas production activities in Canada are expected to restrain the market growth in the country. Europe is another important market for argon gas and is expected to grow steadily over the forecast period. Argon consumption in welding and metal fabrication applications is high in European countries such as Germany, France, Italy and Spain.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ar Gas, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ar Gas market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ar Gas market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ar Gas sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ar Gas covered in this report include Messer Group, Praxair, Air Liquide S.A., Linde Group, Airgas, Matheson Tri-Gas, Air Products and Chemicals, Iwatani and Chengdu Taiyu, etc.
The global Ar Gas market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Messer Group
Praxair
Air Liquide S.A.
Linde Group
Airgas
Matheson Tri-Gas
Air Products and Chemicals
Iwatani
Chengdu Taiyu
Global Ar Gas market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ar Gas market, Segment by Type:
Cylinder & Packaged Gas
Merchant Liquid/Bulk
Global Ar Gas market, by Application
Metal manufacturing
Chemicals
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ar Gas manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ar Gas in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Argon is a chemical element with the chemical symbol Ar and atomic number 18. Argon is a rare gas that is part of the Earth's atmosphere. It is a colorless, tasteless and odorless inert gas. It is a monatomic molecular gas under normal temperature and pressure and is chemically very stable. The main application areas of argon include:
Welding: Argon is a commonly used protective gas, used for argon arc welding, TIG (Tungsten Inert Gas) welding and MIG (Metal Inert Gas) welding. It protects molten metal from oxygen and other impurities in the air.
Electronic equipment manufacturing: Argon is used as a filling gas in electronic equipment manufacturing, such as the manufacture of electron tubes, semiconductor devices and lasers.
Preservation and Refrigeration: Liquefied argon is often used to freeze and refrigerate foods and pharmaceuticals to extend their shelf life.
Medical Applications: Argon is used in the medical field as a gas in operating rooms and wards, often for surgical anesthesia and other medical applications.
The global Ar Gas market size is expected to reach US$ 6133.6 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Ar Gas in various end use industries. The expanding demands from the Metal manufacturing, Chemicals and Others,, are propelling Ar Gas market. Cylinder & Packaged Gas, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Merchant Liquid/Bulk segment is estimated at % CAGR for the next seven-year period.
The Asia-Pacific region is the largest market for argon, with China being the largest consumer. The region is also expected to witness the highest growth rate during the forecast period owing to the expansion of end-use industries such as welding and metal fabrication in the region. The North American market is mature and expected to grow at a moderate pace during the forecast period. The United States is the largest consumer of argon in North America and has a well-established industrial gas industry. However, declining oil and gas production activities in Canada are expected to restrain the market growth in the country. Europe is another important market for argon gas and is expected to grow steadily over the forecast period. Argon consumption in welding and metal fabrication applications is high in European countries such as Germany, France, Italy and Spain.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ar Gas, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ar Gas market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ar Gas market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ar Gas sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ar Gas covered in this report include Messer Group, Praxair, Air Liquide S.A., Linde Group, Airgas, Matheson Tri-Gas, Air Products and Chemicals, Iwatani and Chengdu Taiyu, etc.
The global Ar Gas market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Messer Group
Praxair
Air Liquide S.A.
Linde Group
Airgas
Matheson Tri-Gas
Air Products and Chemicals
Iwatani
Chengdu Taiyu
Global Ar Gas market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ar Gas market, Segment by Type:
Cylinder & Packaged Gas
Merchant Liquid/Bulk
Global Ar Gas market, by Application
Metal manufacturing
Chemicals
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ar Gas manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ar Gas in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ar Gas Market Overview
1.1 Ar Gas Product Overview
1.2 Ar Gas Market Segment by Type
1.2.1 Cylinder & Packaged Gas
1.2.2 Merchant Liquid/Bulk
1.3 Global Ar Gas Market Size by Type
1.3.1 Global Ar Gas Market Size Overview by Type (2018-2029)
1.3.2 Global Ar Gas Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ar Gas Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ar Gas Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ar Gas Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ar Gas Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ar Gas Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ar Gas Sales Breakdown by Type (2018-2023)
2 Global Ar Gas Market Competition by Company
2.1 Global Top Players by Ar Gas Sales (2018-2023)
2.2 Global Top Players by Ar Gas Revenue (2018-2023)
2.3 Global Top Players by Ar Gas Price (2018-2023)
2.4 Global Top Manufacturers Ar Gas Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ar Gas Market Competitive Situation and Trends
2.5.1 Ar Gas Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ar Gas Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ar Gas as of 2022)
2.7 Date of Key Manufacturers Enter into Ar Gas Market
2.8 Key Manufacturers Ar Gas Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ar Gas Status and Outlook by Region
3.1 Global Ar Gas Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ar Gas Historic Market Size by Region
3.2.1 Global Ar Gas Sales in Volume by Region (2018-2023)
3.2.2 Global Ar Gas Sales in Value by Region (2018-2023)
3.2.3 Global Ar Gas Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ar Gas Forecasted Market Size by Region
3.3.1 Global Ar Gas Sales in Volume by Region (2024-2029)
3.3.2 Global Ar Gas Sales in Value by Region (2024-2029)
3.3.3 Global Ar Gas Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ar Gas by Application
4.1 Ar Gas Market Segment by Application
4.1.1 Metal manufacturing
4.1.2 Chemicals
4.1.3 Others
4.2 Global Ar Gas Market Size by Application
4.2.1 Global Ar Gas Market Size Overview by Application (2018-2029)
4.2.2 Global Ar Gas Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ar Gas Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ar Gas Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ar Gas Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ar Gas Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ar Gas Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ar Gas Sales Breakdown by Application (2018-2023)
5 North America Ar Gas by Country
5.1 North America Ar Gas Historic Market Size by Country
5.1.1 North America Ar Gas Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ar Gas Sales in Volume by Country (2018-2023)
5.1.3 North America Ar Gas Sales in Value by Country (2018-2023)
5.2 North America Ar Gas Forecasted Market Size by Country
5.2.1 North America Ar Gas Sales in Volume by Country (2024-2029)
5.2.2 North America Ar Gas Sales in Value by Country (2024-2029)
6 Europe Ar Gas by Country
6.1 Europe Ar Gas Historic Market Size by Country
6.1.1 Europe Ar Gas Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ar Gas Sales in Volume by Country (2018-2023)
6.1.3 Europe Ar Gas Sales in Value by Country (2018-2023)
6.2 Europe Ar Gas Forecasted Market Size by Country
6.2.1 Europe Ar Gas Sales in Volume by Country (2024-2029)
6.2.2 Europe Ar Gas Sales in Value by Country (2024-2029)
7 Asia-Pacific Ar Gas by Region
7.1 Asia-Pacific Ar Gas Historic Market Size by Region
7.1.1 Asia-Pacific Ar Gas Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ar Gas Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ar Gas Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ar Gas Forecasted Market Size by Region
7.2.1 Asia-Pacific Ar Gas Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ar Gas Sales in Value by Region (2024-2029)
8 Latin America Ar Gas by Country
8.1 Latin America Ar Gas Historic Market Size by Country
8.1.1 Latin America Ar Gas Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ar Gas Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ar Gas Sales in Value by Country (2018-2023)
8.2 Latin America Ar Gas Forecasted Market Size by Country
8.2.1 Latin America Ar Gas Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ar Gas Sales in Value by Country (2024-2029)
9 Middle East and Africa Ar Gas by Country
9.1 Middle East and Africa Ar Gas Historic Market Size by Country
9.1.1 Middle East and Africa Ar Gas Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ar Gas Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ar Gas Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ar Gas Forecasted Market Size by Country
9.2.1 Middle East and Africa Ar Gas Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ar Gas Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Messer Group
10.1.1 Messer Group Company Information
10.1.2 Messer Group Introduction and Business Overview
10.1.3 Messer Group Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Messer Group Ar Gas Products Offered
10.1.5 Messer Group Recent Development
10.2 Praxair
10.2.1 Praxair Company Information
10.2.2 Praxair Introduction and Business Overview
10.2.3 Praxair Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Praxair Ar Gas Products Offered
10.2.5 Praxair Recent Development
10.3 Air Liquide S.A.
10.3.1 Air Liquide S.A. Company Information
10.3.2 Air Liquide S.A. Introduction and Business Overview
10.3.3 Air Liquide S.A. Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Air Liquide S.A. Ar Gas Products Offered
10.3.5 Air Liquide S.A. Recent Development
10.4 Linde Group
10.4.1 Linde Group Company Information
10.4.2 Linde Group Introduction and Business Overview
10.4.3 Linde Group Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Linde Group Ar Gas Products Offered
10.4.5 Linde Group Recent Development
10.5 Airgas
10.5.1 Airgas Company Information
10.5.2 Airgas Introduction and Business Overview
10.5.3 Airgas Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Airgas Ar Gas Products Offered
10.5.5 Airgas Recent Development
10.6 Matheson Tri-Gas
10.6.1 Matheson Tri-Gas Company Information
10.6.2 Matheson Tri-Gas Introduction and Business Overview
10.6.3 Matheson Tri-Gas Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Matheson Tri-Gas Ar Gas Products Offered
10.6.5 Matheson Tri-Gas Recent Development
10.7 Air Products and Chemicals
10.7.1 Air Products and Chemicals Company Information
10.7.2 Air Products and Chemicals Introduction and Business Overview
10.7.3 Air Products and Chemicals Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Air Products and Chemicals Ar Gas Products Offered
10.7.5 Air Products and Chemicals Recent Development
10.8 Iwatani
10.8.1 Iwatani Company Information
10.8.2 Iwatani Introduction and Business Overview
10.8.3 Iwatani Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Iwatani Ar Gas Products Offered
10.8.5 Iwatani Recent Development
10.9 Chengdu Taiyu
10.9.1 Chengdu Taiyu Company Information
10.9.2 Chengdu Taiyu Introduction and Business Overview
10.9.3 Chengdu Taiyu Ar Gas Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chengdu Taiyu Ar Gas Products Offered
10.9.5 Chengdu Taiyu Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ar Gas Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Ar Gas Industrial Chain Analysis
11.4 Ar Gas Market Dynamics
11.4.1 Ar Gas Industry Trends
11.4.2 Ar Gas Market Drivers
11.4.3 Ar Gas Market Challenges
11.4.4 Ar Gas Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ar Gas Distributors
12.3 Ar Gas Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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