The Argon Gas Market Was Valued at USD 273.7 Million in 2014, and Is Projected to Grow at a CAGR of 4.92% From 2015 to 2020

Dec 01, 2015, 05:10 ET from Research and Markets

DUBLIN, Dec. 1, 2015 /PRNewswire/ -- Research and Markets ( has announced the addition of the "Argon Gas Market - Global Forecast to 2020" report to their offering.

Growth in infrastructure, technological developments, and rapid urbanization has fueled the growth for the argon gas market. The metal manufacturing & fabrication sector is the largest end-use industry for argon gas, especially in emerging markets such as China, Brazil, and India.

The argon gas market is projected to reach USD 362.9 Million by 2020, with a projected CAGR of 4.92% from 2015 to 2020.

The metal manufacturing & fabrication end-use industry segment is projected to grow at the highest CAGR of 5.61% 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 argon gas market is a highly fragmented one. Major companies rely on regional and local distributors to increase their share as well as geographical presence in the market. One of the major developments observed in the argon gas market is expansions & investments. Companies are adopting inorganic growth strategies such as acquisitions to cope with the increasing demand for argon gas in emerging markets. These strategies have aided companies to create a large customer and partner base in these markets.

Scope of the report:

This research categorizes the argon gas market based on end-use industry; storage, distribution & transportation; mixture; function; and region.


  • Metal manufacturing & fabrication
  • Chemicals
  • Energy
  • Healthcare
  • Electronics
  • Food & beverage
  • Others (scuba diving, automotive & transportation equipment)

Storage, distribution & transportation:

  • Cylinder & packaged gas
  • Merchant liquid/bulk
  • Tonnage


  • Argon-carbon dioxide
  • Argon-oxygen
  • Argon-Helium
  • Argon-Hydrogen
  • Others (argon-helium-carbon dioxide mixtures)


  • Insulation
  • Illumination
  • Cooling


  • Asia-Pacific
  • Europe
  • North America
  • Rest of the World (RoW)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Argon Gas Market, By End-Use Industry

8 Argon Gas Market, By Storage, Distribution & Transportation

9 Argon Gas Market, By Mixture

10 Argon Gas Market, By Function

11 Argon Gas Market, By Region

12 Competitive Landscape

13 Company Profiles

  • Advanced Specialty Gases Inc.
  • Air Liquide S.A.
  • Air Products And Chemicals, Inc.
  • Airgas Inc
  • Iceblick Ltd.
  • Iwatani Corporation
  • Matheson Tri-Gas Inc.
  • Messer Group
  • Praxair Inc.
  • The Linde Group

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SOURCE Research and Markets