In 2022, the global market value of argon industrial gas amounted to nearly 505 million U.S. dollars. Argon is extensively used as a protective gas in the welding, casting, and manufacturing of metal; as a filler gas in light bulbs, fluorescent tubes, and glow tubes; and as an inert gas in scientific and medical applications such as gas chromatography. It is projected that the market value of the global argon industry will increase further, reaching up to 649.2 million U.S. dollars in 2028.
Market value of argon industrial gas worldwide in 2022, with a forecast for 2028
(in million U.S. dollars)
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Market value in million U.S. dollars
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Research Reports World. (January 18, 2023). Market value of argon industrial gas worldwide in 2022, with a forecast for 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/
Research Reports World. "Market value of argon industrial gas worldwide in 2022, with a forecast for 2028 (in million U.S. dollars)." Chart. January 18, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/
Research Reports World. (2023). Market value of argon industrial gas worldwide in 2022, with a forecast for 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/
Research Reports World. "Market Value of Argon Industrial Gas Worldwide in 2022, with a Forecast for 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 18 Jan 2023, https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/
Research Reports World, Market value of argon industrial gas worldwide in 2022, with a forecast for 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/ (last visited July 03, 2024)
Market value of argon industrial gas worldwide in 2022, with a forecast for 2028 (in million U.S. dollars) [Graph], Research Reports World, January 18, 2023. [Online]. Available: https://www.statista.com/statistics/1413573/global-market-value-of-argon-gas/