Argon gas is in the group 18 of the periodic table and is a noble gas. It is a colorless, odorless gas that is inert in nature. Gas industry has been on the growth and because of its cheap and inert nature Argon gas has replaced many of the other gases in the Industry. Ever increasing need for fabrication, welding and chemical analysis is the main reason for the growth of argon gas industry.
In the present global context, argon gas industry is segmented on the basis of grade, end user industries and mixtures. On the basis of grade it is divided into mainly three types; food grade, industrial grade and scientific grade. The chemical mixture divisions include Argon Carbon Dioxide Mixture, Argon Helium Carbon Dioxide Mixture and other mixtures.
The industries that utilize argon gases include welding and fabrication, food and beverages and chemical industry. Fabrication sector is the fastest growing industry followed by the chemical sector. The global market for argon gas is estimated to grow multifold owing to the increasing demand from the end user industries. The metal manufacturing & fabrication end-use industry segment is projected to grow at the highest CAGR from 2015 to 2020. The key players of the argon gas market implement different strategies such as expansions & investments, new product launches, agreements, partnerships, contracts, and joint ventures to gain a larger share in the market.
The major market for the argon gas is North American region, while Europe and APAC also contribute a good fraction of the share. In North America U.S. is the dominant market while in Europe it is led by Germany.
The argon gas market is dominated by five major companies namely:
- Praxair Inc (The U.S.)
- Linde group (Germany)
- Air Liquide SA (France)
- Messer Group (Germany)
- Airgas Inc(The U.S.)
These companies have shown their dominant presence in various fields of the gas industry.
The other key players in the market are
- Airtec Gases Inc (U.S.),
- Matheson Trigas, Inc (the U.S.)
1. Market Overview
2. Executive Summary
3. Argon Gas Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profile
3.2.3. Top Five Financial Analysis
4. Argon Gas Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness Of The Gas Industry
4.3.1. Power Of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power Of Buyers
4.3.4. Threat From Substitute Product
4.3.5. Degree Of Competition
5. Argon Gas Market Strategic Analysis
5.1. Argon Gas Market Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis
6. Argon Gas Market By Grade
6.2. Food grade
6.3. Industrial Grade
6.4. Scientific Grade
6.4.1. High Purity Grade
6.4.2. Ultra High Purity Grade
7. Argon Gas Industry By Mixtures
7.2. Argon Carbon Dioxide Mixture
7.3. Argon - Oxygen Mixture
7.4. Argon Nitrogen
8. Argon Gas Industry By End User
8.2. Welding and Fabrication Industry
8.3. Food and Beverages Industry
8.4. Chemical Industry
8.5. Medical Industry
8.6. Electrical Industry
9. Argon Gas Market By Geography
9.1. North America
9.2.4. Eastern Europe
9.3. Asia Pacific
9.3.2. Australia & New Zealand
9.4.1. Middle - East
9.4.3. South Africa
10. Argon Gas Market - Entropy
11. Company Profiles
11.1. Praxair, Inc.
11.2. Air Liquide S.A.
11.3. Linde AG
11.4. Air Products and Chemicals, Inc.
11.5. Messer Group
11.6. Airgas, Inc.
11.7. Matheson Tri-gas Inc.
11.8. The Lincoln Electric Company
11.9. Airtec Gases, LLC
11.10. Universal Industrial Gases, Inc.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research methodology
12.5. Compilation of Expert Insights