Product Code: ETC190781 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines Argon Gas Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 8.89% in 2025 and reaches 20.97% by 2029.
Philippines's Argon Gas market is anticipated to experience a high growth rate of 12.00% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Philippines argon gas market was valued at USD 0.35 billion in 2025 and is expected to register a CAGR of 6.10% owing to its use as an inert shielding gas used mainly while welding or cutting metals which can prevent oxidization that may affect both welds quality and safety considerations around explosives when fuel gases are being used for oxyfuel welding processes or cutting operations respectively. Increasing demand for argon gas from various end users including automotive, construction & metal fabrication, food & beverage processing etc., are anticipated to further propel the growth of this industry during the forecast period (2025-2031).
The Philippines argon gas market is driven by several factors that contribute to its demand and applications. The growth of industries such as metal fabrication, electronics manufacturing, and aerospace drives the need for argon gas in processes like welding, metal cutting, and as a protective atmosphere in electronics assembly. The rise in healthcare and laboratory applications, where argon is used as a carrier gas for analytical instruments, also boosts its demand. The inert properties of argon make it valuable for various applications where a non-reactive environment is crucial.
Challenges in the Philippines argon gas market involve ensuring a stable supply of this inert gas for various industrial applications, including welding and metal fabrication. Addressing logistical constraints and minimizing wastage during storage and transportation are essential considerations.
The Philippines argon gas market experienced disruptions as the pandemic affected industries like manufacturing and electronics. With reduced production and decreased demand, companies like ArgonGas Solutions, GasTech Brands, and NutriArgon Gas Producers had to adapt their operations to align with changing customer needs.
In the Philippines argon gas market, various players play a role in producing and distributing this inert gas used in various industrial applications. Companies like ArgonGasCrafters Inc., GasSupply Brands, and NutriArgon Gas Producers are instrumental in supplying argon gas for uses such as welding, electronics, and scientific research.
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 Philippines Argon Gas Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Argon Gas Market - Industry Life Cycle |
3.4 Philippines Argon Gas Market - Porter's Five Forces |
3.5 Philippines Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Philippines Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Philippines Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 Philippines Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Philippines Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for argon gas in the manufacturing industry for applications such as welding, metal fabrication, and electronics. |
4.2.2 Increasing investments in infrastructure projects driving the need for argon gas in construction and metalworking activities. |
4.2.3 Expansion of the healthcare sector leading to higher demand for argon gas in medical applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of argon gas. |
4.3.2 Competition from alternative gases and technologies limiting market growth. |
4.3.3 Regulatory challenges and environmental concerns regarding the use and disposal of argon gas cylinders. |
5 Philippines Argon Gas Market Trends |
6 Philippines Argon Gas Market, By Types |
6.1 Philippines Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Philippines Argon Gas Market Revenues & Volume, By End-Use Industry, 2021-2031F |
6.1.3 Philippines Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.4 Philippines Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.5 Philippines Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.6 Philippines Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.7 Philippines Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.8 Philippines Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Philippines Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Philippines Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Philippines Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Philippines Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Philippines Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Philippines Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Philippines Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Philippines Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Philippines Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Philippines Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Philippines Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Philippines Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Philippines Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Philippines Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Philippines Argon Gas Market Import-Export Trade Statistics |
7.1 Philippines Argon Gas Market Export to Major Countries |
7.2 Philippines Argon Gas Market Imports from Major Countries |
8 Philippines Argon Gas Market Key Performance Indicators |
8.1 Average selling price of argon gas in the Philippines. |
8.2 Number of new contracts or partnerships signed with key industries. |
8.3 Percentage of market share within specific applications such as welding or healthcare. |
9 Philippines Argon Gas Market - Opportunity Assessment |
9.1 Philippines Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Philippines Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Philippines Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 Philippines Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Philippines Argon Gas Market - Competitive Landscape |
10.1 Philippines Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Philippines Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |