Argon Gas Market is projected to grow 362.9 Million USD by 2020
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.
Browse 161 market data tables with 56 figures across 226 pages and in-depth TOC on “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".
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.
The report is segmented on the basis of end-use industry; storage, distribution & transportation; mixture; function; and region. On the basis of end-use industry, the market is segmented into metal manufacturing & fabrication, chemicals, energy, healthcare, electronics, food & beverage, and others.
The metal manufacturing & fabrication segment is projected to witness the highest growth based on end-use industry from 2015 to 2020. The storage, distribution & transportation of argon gas include cylinder & packaged gas, merchant liquid/bulk, and tonnage. The cylinder & packaged gas segment accounted for the largest share of the total argon gas market in 2014.
To Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=99838454
The argon gas market is projected to register a CAGR of 4.92% from 2015 to 2020. Factors such as increasing demand for electronic products, growing need for convenience food, and increasing construction activities drive the argon gas market. However, high equipment cost acts as a restraint for the market. Growth of the chemical end-use industry in developing and under-developed regions provides an opportunity to the argon gas market to grow even further.
Leading players in the argon gas market include Praxair Inc. (U.S.), Air Liquide S.A. (France), The Linde Group (Germany), Messer Group GmbH (Germany), Airgas Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), Advanced Specialty Gases Inc. (U.S.) and Iwatani Corporation (Japan). The main strategies adopted by these companies are expansions and investments.
The requirements of manufacturers to adhere to the standards set by governments for argon gas make it essential for them to continually invest in research & development activities for innovative solutions. Companies are adopting inorganic growth strategies such as acquisitions to cope with the increasing demand for argon gas in key emerging markets. These strategies have helped companies to create a large customer and partner base in key markets.
Request Sample@ https://www.marketsandmarkets.com/requestsample.asp?id=99838454
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
No comments:
Post a Comment