Market Report

Argon gas is in the group 18 of the periodic table and is a noble gas. It is a colorless, odorless, inert gas in nature. Gas industry has been on the growth and because of its cheap and inert nature Argon gas has replaced many of the other gases in the Industry and hence experienced a tremendous market growth and demand. Ever increasing need for fabrication, welding and chemical analysis is the main reason for the growth of argon gas industrial value and its revenue generating aspect. In the present global context, argon gas industry is segmented on the basis of grade, outlook for major applications/end user industries and mixtures. On the basis of grade it is divided into mainly three types; food grade, industrial grade and scientific grade. The chemical mixture divisions include Argon – Carbon Dioxide Mixture, Argon Nitrogen mixture, Argon Hydrogen, Argon Helium and other mixtures. Argon helium is the most used mixture in argon market . It is used as a welding gas for copper alloys...