Global Argon Market to Grow at a CAGR of 6.47% by Volume During the Period 2016-2020

The Report Global Argon Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

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Albany, NY -- (SBWire) -- 07/07/2016 --About the Argon Market

Argon belongs to the group of chemical elements that exhibit chemical inertness on account of their unique atomic structures. These elements are called the inert gases or noble gases. There are six naturally occurring noble gases helium, neon, argon, krypton, xenon, and radon. These gases are highly unreactive and are therefore widely used in non-reactive applications. Argon gas is extensively employed in electronics, imaging and lighting, metal fabrication and manufacturing, chemicals and food and beverages.

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Technavios analysts forecast the Global Argon Market to grow at a CAGR of 6.47% by volume during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global argon market for 2016-2020. To calculate the market size, the report considers revenue generated from several applications of argon gas across different end-user segments.

The market is divided into the following segments based on geography:
APAC
EMEA
North America
Central and South America

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Technavio's report, Global Argon Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Airgas
Air Liquide
Linde
Messer Group
Praxair

Other prominent vendors
Air Water
Air Products
American Gas Group
BASF
Buzwair
Coregas
Gulf Cryo
Iwatani
Taiyo Nippon Sanso

Market driver
Use of argon as a potential neuroprotectant
For a full, detailed list, view our report

Market challenge
Rise of substitutable technologies
For a full, detailed list, view our report

Market trend
Use of argon in chromatography and electrosurgery
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/704788