Product Code: ETC190761 | Publication Date: May 2022 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
United Kingdom (UK) Argon Gas market currently, in 2023, has witnessed an HHI of 5231, Which has increased moderately as compared to the HHI of 3248 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Kingdom (UK) Argon Gas Market is a growing industry driven by the increasing demand for industrial gases in various sectors such as manufacturing, healthcare, electronics, and automotive. Argon gas, known for its inert properties, is widely used in welding and metal fabrication processes, as well as in the production of semiconductors and lighting. The market is also influenced by the construction sector, where argon gas is used in insulating glass windows to improve energy efficiency. Key players in the UK market include Air Products and Chemicals Inc., Linde plc, and Praxair Inc., among others. The market is expected to see steady growth due to the rising industrial activities and the focus on sustainable practices, driving the adoption of argon gas for various applications.
In the United Kingdom, the Argon Gas Market is experiencing steady growth driven by increasing demand from various industries such as manufacturing, electronics, and healthcare. The construction industry, in particular, is a key driver of the market as Argon gas is widely used in energy-efficient windows and insulation materials. Additionally, the rise in metal fabrication activities and the growing electronics sector are contributing to the market`s expansion. Technological advancements and innovations in gas manufacturing and distribution processes are also shaping the market trends. Sustainability and environmental concerns are prompting an increasing number of industries to opt for Argon gas as a more eco-friendly alternative. Overall, the UK Argon Gas Market is expected to continue its growth trajectory in the coming years, driven by diverse industry applications and evolving consumer preferences.
In the United Kingdom`s Argon gas market, several challenges are prevalent. One key challenge is the fluctuating prices of raw materials, which can impact the overall cost of production and subsequently, the pricing of Argon gas for consumers. Additionally, there is a growing concern regarding the environmental impact of Argon gas production and its contribution to greenhouse gas emissions. This has led to increased pressure on companies to adopt more sustainable practices and invest in eco-friendly technologies. Another challenge is the competitive landscape within the market, with various suppliers vying for market share which can lead to pricing wars and margin erosion. Furthermore, regulatory changes and compliance requirements pose a challenge for companies operating in the Argon gas market, requiring them to stay abreast of evolving regulations to ensure continued business operations.
The United Kingdom Argon Gas market presents several investment opportunities due to its increasing demand across various industries such as manufacturing, electronics, healthcare, and automotive. With the growth in construction activities and the need for energy-efficient insulation materials, the demand for Argon Gas as a key component in thermal insulation windows and glass is expected to rise. Additionally, the expanding healthcare sector in the UK, particularly in medical imaging and laser surgery applications, further drives the demand for Argon Gas. Investing in Argon Gas production, distribution, or related technologies could be lucrative, considering the market`s steady growth trajectory. Furthermore, as the UK government focuses on reducing carbon emissions and promoting sustainable practices, investing in eco-friendly Argon Gas technologies could align with the country`s environmental goals and provide long-term returns for investors.
In the United Kingdom, the Argon Gas Market is primarily governed by regulations related to health and safety, environmental protection, and trade standards. The Health and Safety Executive (HSE) mandates guidelines for the safe handling and storage of argon gas to prevent accidents and ensure worker safety. Additionally, environmental regulations enforced by agencies such as the Environment Agency focus on reducing emissions and ensuring proper disposal of argon gas cylinders to minimize environmental impact. Trade standards and regulations set by organizations like the British Compressed Gases Association (BCGA) aim to maintain quality and safety standards for the production, distribution, and use of argon gas in the UK market. Compliance with these policies is essential for businesses operating in the Argon Gas Market in the UK.
The United Kingdom (UK) Argon Gas Market is expected to witness steady growth in the coming years due to the increasing demand from various industries such as manufacturing, electronics, and healthcare. The market is likely to be driven by the growth of key end-use industries requiring argon gas for applications such as welding, metal fabrication, and semiconductor manufacturing. Additionally, the rising focus on energy efficiency and sustainability in the UK is expected to drive the demand for argon gas in insulation and window manufacturing. Technological advancements and innovations in argon gas production and distribution processes are also anticipated to contribute to market growth. Overall, the UK Argon Gas Market is projected to experience moderate yet consistent growth in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Argon Gas Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Argon Gas Market - Industry Life Cycle |
3.4 United Kingdom (UK) Argon Gas Market - Porter's Five Forces |
3.5 United Kingdom (UK) Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 United Kingdom (UK) Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 United Kingdom (UK) Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 United Kingdom (UK) Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 United Kingdom (UK) Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Argon Gas Market Trends |
6 United Kingdom (UK) Argon Gas Market, By Types |
6.1 United Kingdom (UK) Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Argon Gas Market Revenues & Volume, By End-Use Industry, 2021 - 2031F |
6.1.3 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021 - 2031F |
6.1.4 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.1.5 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Energy, 2021 - 2031F |
6.1.6 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.1.7 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.1.8 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Food & beverage, 2021 - 2031F |
6.2 United Kingdom (UK) Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021 - 2031F |
6.2.3 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021 - 2031F |
6.2.4 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Tonnage, 2021 - 2031F |
6.3 United Kingdom (UK) Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021 - 2031F |
6.3.3 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021 - 2031F |
6.3.4 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Argon-Helium, 2021 - 2031F |
6.3.5 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021 - 2031F |
6.3.6 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021 - 2031F |
6.4 United Kingdom (UK) Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.4.3 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Illumination, 2021 - 2031F |
6.4.4 United Kingdom (UK) Argon Gas Market Revenues & Volume, By Cooling, 2021 - 2031F |
7 United Kingdom (UK) Argon Gas Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Argon Gas Market Export to Major Countries |
7.2 United Kingdom (UK) Argon Gas Market Imports from Major Countries |
8 United Kingdom (UK) Argon Gas Market Key Performance Indicators |
9 United Kingdom (UK) Argon Gas Market - Opportunity Assessment |
9.1 United Kingdom (UK) Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 United Kingdom (UK) Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 United Kingdom (UK) Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 United Kingdom (UK) Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 United Kingdom (UK) Argon Gas Market - Competitive Landscape |
10.1 United Kingdom (UK) Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |