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The increasing demand in various applications such as metal fabrication, electronics, energy, automotive, lighting, and healthcare is the major factor driving the growth of the argon gas industry. Additionally, with rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe, there is a rapidly increasing need for argon gas.
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Argon Gas Market Argon Gas Market by End-Use Industry, Storage, Distribution & Transportation, Mixture, Function ,& Region - Global Forecast to 2020 View Full Report @ https://bit.ly/2TpBed7
Introduction • The report “Argon Gas Market by End-Use Industry (Metal Manufacturing & fabrication, Chemicals), Storage, Distribution & Transportation(Cylinder & packaged gas, Merchant liquid), Mixture (Ar-CO2, Ar-O2), Function (Insulation) & Region - Global Forecast to 2020” defines and segments the argon gas market with analysis and forecasting of global revenue. • It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges. • 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. View Full Report @ https://bit.ly/2TpBed7
Drivers • The increasing demand in various applications such as metal fabrication, electronics, energy, automotive, lighting, and healthcare is the major factor driving the growth of the argon gas industry. • Additionally, with rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe, there is a rapidly increasing need for argon gas. View Full Report @ https://bit.ly/2TpBed7
Industry Insights • The industrial gases market in the glass industry is segmented on the basis of type, glass type, function, transportation mode, and region. • On the basis of type, the hydrogen segment held the largest market share, in terms of value, while oxygen was the most widely used industrial gas, in terms of volume. • The container glass segment accounted for the largest share of the market, in terms of both, volume and value, among all glass types. • The transportation mode segment was dominated by the cylinder & packaged gas distribution segment. In terms of function, the market is segmented into forming & melting, atmospheric control, finishing & polishing, and others. • The forming & melting function segment is projected to grow at the highest rate, during the forecast period. View Full Report @ https://bit.ly/2TpBed7
Regional Insights • 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 Asia-Pacific market is projected to grow at the highest rate. In terms of end-use industry, the metal manufacturing & fabrication sector is the fastest-growing segment, followed by the chemicals sector. View Full Report @ https://bit.ly/2TpBed7
Key Players • This report provides an analysis of key companies and a competitive analysis of developments recorded in the industry in the last five years. • 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. • Leading players of the market which include Praxair Inc. (U.S.), Air Liquide S.A. (France), The Linde Group (Germany), Airgas Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), and Iwatani Corporation (Japan) have been profiled to provide an insight into the competitive scenario in the market. View Full Report @ https://bit.ly/2TpBed7
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