The global liquid argon market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for argon in various industries such as welding and cutting, semiconductor industry, photovoltaic industry, and smelting. The increasing demand for argon in these industries is due to its properties such as inertness and non-toxicity which make it suitable for various applications.
The global liquid argon market has been segmented on the basis of type into pure grade, high purity grade, and ultra pure grade; on the basis of application into welding & cutting, semiconductor industry, photovoltaic industry, smelting; and by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- Liquid argon is a non-radioactive isotope of argon that is used in the production of semiconductors, as well as in the manufacture of high-quality steel and other alloys.
- Argon gas is used to create a protective atmosphere for welding and cutting metals, such as stainless steel, titanium, and aluminum.
- Argon gas can be used to create an inert environment for welding or cutting metals without risk of sparks or explosions from oxygen or nitrogen in the air.
- Liquid argon can be used to produce high-quality steel by removing impurities from molten iron.
- Liquid argon can also be used to produce high-quality steel by removing impurities from molten iron.
Industry Growth Insights published a new data on “Liquid Argon Market”. The research report is titled “Liquid Argon Market research by Types (Pure Grade, High Purity Grade, Ultra Pure Grade), By Applications (Welding & Cutting, Semiconductor Industry, Photovoltaic Industry, Smelting, Others), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Argon Market Research Report
By Type
Pure Grade, High Purity Grade, Ultra Pure Grade
By Application
Welding & Cutting, Semiconductor Industry, Photovoltaic Industry, Smelting, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Argon Market Report Segments:
The global Liquid Argon market is segmented on the basis of:
Types
Pure Grade, High Purity Grade, Ultra Pure Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Welding & Cutting, Semiconductor Industry, Photovoltaic Industry, Smelting, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Liquid Argon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pure Grade
- High Purity Grade
- Ultra Pure Grade
- By Application:
- Welding & Cutting
- Semiconductor Industry
- Photovoltaic Industry
- Smelting
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquid Argon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Liquid Argon is a cryogenic gas that has a boiling point of -269.15 degrees Celsius (-452.67 degrees Fahrenheit). It is used in scientific and industrial applications because it does not react with other substances, making it an ideal gas for use in cryogenics.
Some of the major companies in the liquid argon market are 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.
The liquid argon market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid Argon Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liquid Argon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquid Argon Market - Supply Chain
4.5. Global Liquid Argon Market Forecast
4.5.1. Liquid Argon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid Argon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid Argon Market Absolute $ Opportunity
5. Global Liquid Argon Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liquid Argon Market Size and Volume Forecast by Type
5.3.1. Pure Grade
5.3.2. High Purity Grade
5.3.3. Ultra Pure Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid Argon Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liquid Argon Market Size and Volume Forecast by Application
6.3.1. Welding & Cutting
6.3.2. Semiconductor Industry
6.3.3. Photovoltaic Industry
6.3.4. Smelting
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid Argon Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liquid Argon Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Liquid Argon Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liquid Argon Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Liquid Argon Demand Share Forecast, 2019-2026
9. North America Liquid Argon Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liquid Argon Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liquid Argon Market Size and Volume Forecast by Application
9.4.1. Welding & Cutting
9.4.2. Semiconductor Industry
9.4.3. Photovoltaic Industry
9.4.4. Smelting
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid Argon Market Size and Volume Forecast by Type
9.7.1. Pure Grade
9.7.2. High Purity Grade
9.7.3. Ultra Pure Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liquid Argon Demand Share Forecast, 2019-2026
10. Latin America Liquid Argon Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liquid Argon Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liquid Argon Market Size and Volume Forecast by Application
10.4.1. Welding & Cutting
10.4.2. Semiconductor Industry
10.4.3. Photovoltaic Industry
10.4.4. Smelting
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid Argon Market Size and Volume Forecast by Type
10.7.1. Pure Grade
10.7.2. High Purity Grade
10.7.3. Ultra Pure Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liquid Argon Demand Share Forecast, 2019-2026
11. Europe Liquid Argon Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liquid Argon Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liquid Argon Market Size and Volume Forecast by Application
11.4.1. Welding & Cutting
11.4.2. Semiconductor Industry
11.4.3. Photovoltaic Industry
11.4.4. Smelting
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid Argon Market Size and Volume Forecast by Type
11.7.1. Pure Grade
11.7.2. High Purity Grade
11.7.3. Ultra Pure Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liquid Argon Demand Share, 2019-2026
12. Asia Pacific Liquid Argon Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liquid Argon Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liquid Argon Market Size and Volume Forecast by Application
12.4.1. Welding & Cutting
12.4.2. Semiconductor Industry
12.4.3. Photovoltaic Industry
12.4.4. Smelting
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid Argon Market Size and Volume Forecast by Type
12.7.1. Pure Grade
12.7.2. High Purity Grade
12.7.3. Ultra Pure Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liquid Argon Demand Share, 2019-2026
13. Middle East & Africa Liquid Argon Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liquid Argon Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liquid Argon Market Size and Volume Forecast by Application
13.4.1. Welding & Cutting
13.4.2. Semiconductor Industry
13.4.3. Photovoltaic Industry
13.4.4. Smelting
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquid Argon Market Size and Volume Forecast by Type
13.7.1. Pure Grade
13.7.2. High Purity Grade
13.7.3. Ultra Pure Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liquid Argon Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid Argon Market: Market Share Analysis
14.2. Liquid Argon Distributors and Customers
14.3. Liquid Argon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Linde
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Air Liquide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Prax Air
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Air Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Messer Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yingde Gases Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nippon Shokubai
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BAOWU
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EuroChem
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. HBIS Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Baosteel Gases
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sasol
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SHOUGANG OXYGEN PLANT
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SHANGONG IRON&STEEL GROUP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tangshan Tangsteel GGSES
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SABIC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
