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Introduction
Argon is a gas which is odourless, colourless, non-toxic, and inflammable. It exists in a large amount in the Earth's atmosphere. Argon is created when potassium-40 on the Earth's crust begins to decay. It's an inert gas and hence, does not go through any chemical reactions with the other elements of the atmosphere that it comes across.
For commercial purposes, Argon is created by distilling liquid air with the assistance of friction. There are various types of argon gas available like -40Ar, 38Ar and 36Ar.
It is a useful gas that is utilised thoroughly in industries, lighting and laboratories, wielding and preservatives. The demand for Argon is growing rapidly across different continents. Urbanisation in developing economies seek possession of Argon for lighting. The next years might witness a major boom in demand for Argon. It is commonly used for purposes that aren't harmful to the environment. But when humans being come in contact with Argon, it can result in lethal repercussions.
The global market of Argon has been studied in great detail in this report. The uses, needs and wants of consumers have been meticulously analysed and presented in an understandable manner.
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Key Players of Global Argon Market =>
Air Liquide S.A.
Air Products and Chemicals, Inc
Praxair Inc.
The Linde Group
Advanced Specialty Gases Inc.
Airgas Inc
Messer Group
Matheson Tri-Gas Inc.
Iceblick Ltd.
Iwatani Corporation
Segmentation
This report has been divided into three major segments - Types (Liquid Argon, Gas Argon), Applications (Electronics, Metal Manufacturing and Fabrication, Imaging and Lighting, Food and Beverages, Chemicals) and Regions (Europe, Japan, China, Japan, South East Asia, Middle East, & Africa).
Regional Analysis
The increasing level of urbanisation in growing economies like Asia Pacific, South America and Africa will be the major drivers of the Argon market in the world. Various continents and their sub-regions have been surveyed for concrete facts and figures that will help you understand the market behaviour of Argon.
The profit and loss of this market are inspected thoroughly, and the reasons have been discussed objectively. This study gives you significant information which can be considered before making business decisions.
Industry News
Brazil, China, India and Russia are some of the countries which will definitely give rise to the demand and supply of argon. The primary utilization of argon is in lighting. The rise in commercial places, malls and shopping destinations is leading to a rise in the economy. These institutions rely on creative and innovative lighting to pull in customers. Argon has a high aesthetic factor and hence, is used the most in the decor sector. Their non-toxic property is also why most prefer using argon in lighting.
This study enlightens you about the market size, share, factors limiting market growth, present market trends, market structure, and market predictions for the next few years.
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Major Key Points of Global Argon Market
Chapter 1 About the Argon Industry
Chapter 2 World Market Competition Landscape
Chapter 3 World Argon Market share
Chapter 4 Supply Chain Analysis
Chapter 5 Company Profiles
Chapter 6 Globalisation & Trade
Chapter 7 Distributors and Customers
Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
Chapter 9 World Argon Market Forecast through 2024
Chapter 10 Key success factors and Market Overview
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