Global Liquid Argon Market Growth 2023-2029

Global Liquid Argon Market Growth 2023-2029

Product Code:455351

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Chemical & Material

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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.

LPI (LP Information)' newest research report, the “Liquid Argon Industry Forecast” looks at past sales and reviews total world Liquid Argon sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Argon sales for 2023 through 2029. With Liquid Argon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Argon industry.

This Insight Report provides a comprehensive analysis of the global Liquid Argon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Argon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Argon market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Argon and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Argon.

The global Liquid Argon market size is projected to grow from US$ 3288.9 million in 2022 to US$ 4251.2 million in 2029; it is expected to grow at a CAGR of 4251.2 from 2023 to 2029.

Global Liquid Argon key players include Linde, Air Liquide, Prax Air, Air Products, Messer Group, etc. Global top five manufacturers hold a share about 60%.

Asia-Pacific is the largest market, with a share over 45%, followed by Europe and North America, both have a share about 45 percent. 
In terms of product, Pure Grade is the largest segment, with a share about 45%. And in terms of application, the largest application is Smelting, followed by Photovoltaic Industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Argon market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Pure Grade
    High Purity Grade
    Ultra Pure Grade

Segmentation by application
    Welding & Cutting
    Semiconductor Industry
    Photovoltaic Industry
    Smelting
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Liquid Argon market?
What factors are driving Liquid Argon market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Liquid Argon market opportunities vary by end market size?
How does Liquid Argon break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?