The global Argon Gas Market revenue was USD 10.38 Billion in 2022 and is expected to register a revenue CAGR of 6.5% during the forecast period. Growing demand for packaged food with long shelf life, growing demand for argon lasers in treating eye defects, rising popularity of cryosurgery, surging popularity of argon glow lights for lighting and entertainment, increasing demand for cost-effective disposable argon gas cylinders are some factors expected to drive the revenue growth of the market over the forecast period.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Argon Gas market include:

Air Liquide, Praxair Technology, Inc., Linde plc, Messer SE & Co. KGaA, Airgas, Inc., Matheson Tri-Gas, Inc., Air Products and Chemicals, Inc., Advanced Specialty Gases, Iwatani Corporation, and Sutton-Garten Co

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Argon Gas market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Argon Gas Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Argon Gas Market Segmentation:

• Storage, Distribution & Transportation Outlook (Revenue, USD Million; 2019-2032)

  • Cylinders & Packaged Gas
  • Merchant Liquid/Bulk
  • Tonnage

• Mixture Outlook (Revenue, USD Million; 2019-2032)

  • Argon-Carbon Dioxide
  • Argon-Oxygen
  • Argon-Helium
  • Argon-Hydrogen
  • Other Mixture

• Application Outlook (Revenue, USD Million; 2019-2032)

  • Illumination
  • Insulation
  • Cooling

Argon Gas Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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