Argon Gas Market - Forecast(2021 - 2026)
Argon Gas Market Overview Argon Gas Market is forecast to reach $487.9 million by 2026 , after growing at a CAGR of 5.2% during 2021-2026 . Cryogenic fractional distillation and gas chromatography are the most common methods for the production of argon gas. Rising consumption and demand from the growing metal manufacturing industry for argon gas, coupled with increasing industrialization, especially in emerging economies are the major factors expected to drive the growth of the global argon gas market. Due to the rising demand for argon gas in numerous application segments such as electronics, stainless steel, and fabricated metalworking the argon gas market is expected to grow globally. Furthermore, technological innovation such as the increasing use of electrospray ionization mass spectrometry in the healthcare industry is anticipated to create new opportunities for the growth of the global argon gas industry in the forecast era. Impact of Covid-19 The consequences of the pa