Industrial Gases & Cryogenic · Direct
Monitoring · monthlyProcurement Category Intelligence
Industrial Argon
Overview
Market size
$7.8B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$9.1B
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Europe demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Electricity and power45%
Distribution and logistics20%
Capital depreciation20%
Labor and maintenance15%
share of delivered cost (analyst estimate)