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Liquid Argon Market to Witness Robust Expansion by 2024– Top Key players like Linde,BASF,BAOWU,Inc.
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Liquid argon is tasteless, colorless, odorless, noncorrosive, nonflammable, and extremely cold. Belonging to the family of rare gases, argon is the most plentiful, making up approximately 1% of the earth’s atmosphere. It is monatomic and extremely inert, forming no known chemical compounds.
In the industry, Linde profits most in 2018 and recent years, while Air Liquide and Prax Air ranked 2 and 3.The market share of them is 17.72%, 15.62% and 11.76% in 2018.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Liquid Argon, including Pure Grade, High Purity Grade and Ultra Pure Grade. And Pure Grade is the main type for Liquid Argon, and the Pure Grade reached a sales volume of approximately 5826 K MT in 2017, with 65.88% of global sales volume.
According to this study, over the next five years the Liquid Argon market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 3487.1 million by 2024, from US$ 2904.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Liquid Argon business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Linde
Air Liquide
Prax Air
Air Products
Messer Group
Yingde Gases Group
BASF
Nippon Shokubai
BAOWU
EuroChem
HBIS Group
Baosteel Gases
Sasol
SHOUGANG OXYGEN PLANT
SHANGONG IRON&STEEL GROUP
Tangshan Tangsteel GGSES
SABIC
Market Segment by Type, covers
Pure Grade
High Purity Grade
Ultra Pure Grade
Market Segment by Applications, can be divided into
Welding & Cutting
Semiconductor Industry
Photovoltaic Industry
Smelting
Others
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Related Information:
North America Liquid Argon Market Growth 2019-2024
United States Liquid Argon Market Growth 2019-2024
Asia-Pacific Liquid Argon Market Growth 2019-2024
Europe Liquid Argon Market Growth 2019-2024
EMEA Liquid Argon Market Growth 2019-2024
Global Liquid Argon Market Growth 2019-2024
China Liquid Argon Market Growth 2019-2024
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