World Market for Argon Gas: Steady Growth Reaching 353.1 Million USD by 2031
The global argon gas market is experiencing steady growth, with sales reaching approximately \$220 million in 2022. Supported by a forecasted compound annual growth rate (CAGR) of 5.4%, this market is expected to reach \$353.1 million by 2031. Argon is a versatile and essential industrial gas that plays a crucial role in various fields, driving its demand and market expansion. Argon gas, with its non-reactive and non-flammable properties, has become an indispensable element in various industries, providing a stable environment for numerous industrial processes. As the manufacturing and technology sectors continue to evolve, the demand for argon gas is expected to increase, making the future of the global argon gas market promising. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global argon gas market is classified based on supply mode, application, and region. By Supply Mode - Cylinders - Bulk tanks and micro tanks - Drum tanks - On-site By Application - Metal manufacturing and processing - Electronics - Lighting - Others Major Companies: - Air Products and Chemicals Inc - Gulf Cryo - Universal Industrial Gases Inc - nexAir - Southern Industrial Gas - Praxair - Taiyo Nippon Sanso - Axcel Gases - Linde Plc - Omega Air - Ellenbarrie Industrial Gases Ltd - Messer Group - Parker Hannifin Corp - Dubai Industrial Gases - Yingde Gases Group
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