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Argon Global Market Report 2020

  • ID: 4977380
  • Report
  • February 2020
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Air Liquide
  • Airgas
  • Dongxiang Gas
  • JinHong Gas
  • Lutianhua
  • SABIC
Argon Market Global Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global argon market.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:
Where is the largest and fastest growing market for the argon? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Argon market global report from the publisher answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider argon market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
  • The argon market section of the report gives context. It compares the argon market with other segments of the argon market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, argon indicators comparison.
Scope
  • Markets Covered: 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)
  • Companies Mentioned: Airgas; Air Liquide; Linde; Messer Group; Praxair
  • Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia
  • Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
  • Time series: Five years historic and forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Air Liquide
  • Airgas
  • Dongxiang Gas
  • JinHong Gas
  • Lutianhua
  • SABIC
1. Executive Summary

2. Argon Market Characteristics

3. Argon Market Size And Growth
3.1. Global Argon Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Argon Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Argon Market Segmentation
4.1. Global Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Liquid
  • Gas
4.2. Global Argon Market, Segmentation By End-User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Metal manufacturing & fabrication
  • Chemicals
  • Energy
  • Healthcare
  • Electronics
  • Food & Beverages
  • Others (includes scuba diving, automotive & transportation equipment)
5. Argon Market Regional And Country Analysis
5.1. Global Argon Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Argon Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Argon Market
6.1. Asia-Pacific Argon Market Overview
6.2. Asia-Pacific Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Argon Market
7.1. China Argon Market Overview
7.2. China Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Argon Market
8.1. India Argon Market Overview
8.2. India Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Argon Market
9.1. Japan Argon Market Overview
9.2. Japan Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Argon Market
10.1. Australia Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Argon Market
11.1. Indonesia Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Argon Market
12.1. South Korea Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Argon Market
13.1. Western Europe Argon Market Overview
13.2. Western Europe Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Argon Market
14.1. UK Argon Market Overview
14.2. UK Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Argon Market
15.1. Germany Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Argon Market
16.3. France Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Argon Market
17.1. Eastern Europe Argon Market Overview
17.2. Eastern Europe Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Argon Market
18.1. Russia Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Argon Market
19.1. North America Argon Market Overview
19.2. North America Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Argon Market
20.1. USA Argon Market Overview
20.2. USA Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Argon Market
21.1. South America Argon Market Overview
21.2. South America Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Argon Market
22.1. Brazil Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Argon Market
23.1. Middle East Argon Market Overview
23.2. Middle East Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Argon Market
24.1. Africa Argon Market Overview
24.2. Africa Argon Market, Segmentation By Phase, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Argon Market Competitive Landscape And Company Profiles
25.1. Argon Market Competitive Landscape
25.2. Argon Market Company Profiles
25.2.1. Airgas
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Air Liquide
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Linde
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Messer Group
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Praxair
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Argon Market

27. Argon Market Trends And Strategies

28. Argon Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Air Liquide
  • Airgas
  • Dongxiang Gas
  • JinHong Gas
  • Lutianhua
  • SABIC
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.

The global argon market was worth $ 5.04 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10% and reach $7.27 billion by 2023.

The argon market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific accounts for around 39% of the market.

The argon market covered in the market is segmented by phase into liquid, gas. It is also segmented by end-user into metal manufacturing & fabrication, chemicals, energy, healthcare, electronics, food & beverage, others (includes scuba diving, automotive & transportation equipment).

The argon gas market is expected to be driven by the growing demand from the electronics industry. As argon gas provides inert atmosphere needed for rapid cooling and heating of materials it will be widely used for manufacturing semiconductors, flat panels, solar PV cells and microelectronic devices in electronics industry. The electronics industry has more scope due to the growth in the technology market especially in Asia Pacific, which is driving the requirement for advanced semiconductor components and high reliance on specialty gases such as argon.

Rising costs had a negative impact on the growth of the argon gas market. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily on marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins, while maintaining the quality of their products.

Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real time insights and locate gaps in the manufacturing process. The data obtained through these devices is processed, analyzed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers on possible machine breakdowns. Major industrial gas manufacturers adopting IoT technology include Praxair-Linde and Air Products.

In October 2018, The Linde Group and Praxair, Inc. merged to create a combined entity with a market capitalization of $90 billion. As part of the agreement, Praxair shareholders will receive one share of Linde plc for each Praxair share. Linde AG shareholders will receive 1.54 shares of Linde plc for each Linde AG share tendered. This merger is expected to further consolidate the market by creating a global leader in terms of both sales and geographic footprint. Praxair has a strong presence in Eastern Europe and The Middle East, whereas Linde has a strong presence in Europe and Asia. The merged company is expected to be a leader in each of these four regions, thus leaving only three companies to compete in the industrial gas market on a global basis. Linde AG is a Brazil-based producer and supplier of industrial, process and specialty gases. Paxair is a US-based atmospheric, process, and specialty gases, and surface coatings producer.

Major players in the market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, Buzwair
Note: Product cover images may vary from those shown
  • Airgas
  • Ho Tung Chemical
  • Markor
  • Lutianhua
  • Jiuce Group
  • Xinju Chemical
  • JinHong Gas
  • Xinlong Group
  • Dow Company
  • Dongxiang Gas
  • Sichuan Vinylon
  • Koatsu Gas
  • Air Products and Chemicals Inc
  • Airgas
  • Air Liquide
  • Linde
  • Messer Group
  • Praxair
  • Air Water
  • Air Products
  • American Gas Group
  • BASF
  • Buzwair
  • Eurochem
  • SABIC
Note: Product cover images may vary from those shown

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