NEW YORK, Aug. 17, 2016 /PRNewswire/ -- About the Argon Market
Argon belongs to the group of chemical elements that exhibit chemical inertness on account of their unique atomic structures. These elements are called the inert gases or noble gases. There are six naturally occurring noble gases — helium, neon, argon, krypton, xenon, and radon. These gases are highly unreactive and are therefore widely used in non-reactive applications. Argon gas is extensively employed in electronics, imaging and lighting, metal fabrication and manufacturing, chemicals and food and beverages.
Technavio's analysts forecast the global argon market to grow at a CAGR of 6.47% by volume during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global argon market for 2016-2020. To calculate the market size, the report considers revenue generated from several applications of argon gas across different end-user segments.
The market is divided into the following segments based on geography:
• APAC
• EMEA
• North America
• Central and South America
Technavio's report, Global Argon Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Airgas
• Air Liquide
• Linde
• Messer Group
• Praxair
Other prominent vendors
• Air Water
• Air Products
• American Gas Group
• BASF
• Buzwair
• Coregas
• Gulf Cryo
• Iwatani
• Taiyo Nippon Sanso
Market driver
• Use of argon as a potential neuroprotectant
• For a full, detailed list, view our report
Market challenge
• Rise of substitutable technologies
• For a full, detailed list, view our report
Market trend
• Use of argon in chromatography and electrosurgery
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03952857-summary/view-report.html
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