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.
In the industry, Linde profits most in 2018 and recent years, while Air Liquide and Prax Air ranked 2 and 3.The market share of them is 17.72%, 15.62% and 11.76% in 2018.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Liquid Argon, including Pure Grade, High Purity Grade and Ultra Pure Grade. And Pure Grade is the main type for Liquid Argon, and the Pure Grade reached a sales volume of approximately 5826 K MT in 2017, with 65.88% of global sales volume.
According to this study, over the next five years the Liquid Argon market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 3487.1 million by 2024, from US$ 2904.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Liquid Argon business, shared in Chapter 3.
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.
This study considers the Liquid Argon value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Purity Grade
Ultra Pure Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Welding & Cutting
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Yingde Gases Group
SHOUGANG OXYGEN PLANT
SHANGONG IRON&STEEL GROUP
Tangshan Tangsteel GGSES
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Liquid Argon consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Liquid Argon market by identifying its various subsegments.
Focuses on the key global Liquid Argon manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Liquid Argon with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Liquid Argon submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Follow us on Social Media: