Argon Market (2022 - 2031) Industry Trends, Share, Size, Growth, Opportunity, and Forecast

The global argon market report by the business research company identifies growing demand from the electronics industry to be a major growth driver for the argon market. As argon gas provides an 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 the electronics industry. The electronics industry has more scope due to the growth in the technology market, especially in the Asia Pacific, which is driving the requirement for advanced semiconductor components and high reliance on specialty gases such as argon.

The global argon market report is expected to grow from $5.27 billion in 2021 to $6.06 billion in 2022 at a compound annual growth rate (CAGR) of 15.1%. The global argon market report is expected to grow to $9.32 billion in 2026 at a CAGR of 11.4%.

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Asia Pacific was the largest region in the argon market in 2021. North America was the second-largest region in the global argon market. The regions covered in the global argon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the argon market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, Buzwair, and Eurochem.

The global argon market is segmented -
1) By Phase: Liquid, Gas
2) By Function: Cooling, Illumination, Illusion
3) By End Userr: Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Other End-Users (includes scuba diving, automotive & transportation equipment)

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The Argon Market Report Contents Include
1. Executive Summary
2. Argon Market Characteristics
3. Argon Market Size And Growth
4. Argon Market Segmentation
5. Argon Market Regional And Country Analysis
....
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

This report covers the trends and market dynamics of the argon market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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