- March 2020 |
- Chemicals And Materials / Chemicals and Materials
Argon Gas Market Size, By Application (Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & Beverage, Others), By Type (Argon-carbon dioxide, Argon-oxygen, Argon-Helium, Argon-Hydrogen, Others), By Function (Insulation, Illumination, Cooling), By storage, distribution & transportation (Cylinder & packaged gas, Merchant liquid/bulk, Tonnage), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Global Argon Gas Market Forecast and Trends
The global Argon Gas market has reached USD 277.4 million in 2019 and estimated to reach USD 358.1 million by 2026 at a CAGR of 3.7% during the forecast period from 2020-2026 due to the rising demand in various application such as electronics, automotive, metal fabrication, healthcare, and lighting is the key factor which driving the growth of argon gas industry.
The rising consumption and demand from the booming metal manufacturing industry for argon gas combined with increasing industrialization, especially in emerging economies, is...