Product Code: ETC190777 | 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 Thailand Argon Gas Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 3.74% in 2025, the growth rate steadily ascends to 13.76% in 2029.
By 2027, the Argon Gas market in Thailand is anticipated to reach a growth rate of 4.94%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The argon gas market size was valued at around USD 40 million in 2018 and is expected to grow significantly during 2025-2031 due to an increase factory automation coupled with rising safety protocols necessitating increased usage of inert gases such as argon within a wide range of applications ranging from electronics industry to food processing sector amongst other major end use industries operating within Thailand?s economy today along with an increase focus on technological advancements leading towards more efficient utilization of argon gas resources available currently within Thai markets today resulting into overall high potential business opportunity outlook associated with it going forward.
The Thailand argon gas market`s expansion is attributed to its wide range of industrial applications, including use in welding, electronics, and manufacturing, leading to increased demand from these sectors.
In the Thailand argon gas market, ensuring a reliable supply of high-purity argon gas for various industrial applications is a challenge. Balancing the demand from industries such as manufacturing, electronics, and healthcare while maintaining product quality and availability can be complex.
As economic activities slowed down during lockdowns, the demand for argon gas, used in various industrial processes, was affected. Reduced manufacturing activities led to fluctuations in argon gas consumption.
In the Thailand argon gas market, companies like Air Products (Thailand) Ltd., play a significant role in producing and supplying argon gas used in welding, electronics, and various manufacturing processes.
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 Thailand Argon Gas Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Argon Gas Market - Industry Life Cycle |
3.4 Thailand Argon Gas Market - Porter's Five Forces |
3.5 Thailand Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Thailand Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Thailand Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 Thailand Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Thailand Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for argon gas in the electronics industry for manufacturing semiconductors and LEDs. |
4.2.2 Increasing use of argon gas in metal fabrication, welding, and automotive industries. |
4.2.3 Rise in healthcare applications of argon gas, such as in cryosurgery and diagnostic applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in argon gas production. |
4.3.2 Stringent regulations related to the production and handling of industrial gases. |
4.3.3 Competition from substitute gases like helium and nitrogen in certain applications. |
5 Thailand Argon Gas Market Trends |
6 Thailand Argon Gas Market, By Types |
6.1 Thailand Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Thailand Argon Gas Market Revenues & Volume, By End-Use Industry, 2021-2031F |
6.1.3 Thailand Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.4 Thailand Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.5 Thailand Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.6 Thailand Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.7 Thailand Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.8 Thailand Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Thailand Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Thailand Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Thailand Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Thailand Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Thailand Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Thailand Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Thailand Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Thailand Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Thailand Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Thailand Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Thailand Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Thailand Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Thailand Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Thailand Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Thailand Argon Gas Market Import-Export Trade Statistics |
7.1 Thailand Argon Gas Market Export to Major Countries |
7.2 Thailand Argon Gas Market Imports from Major Countries |
8 Thailand Argon Gas Market Key Performance Indicators |
8.1 Average selling price of argon gas in the Thailand market. |
8.2 Number of new applications or industries adopting argon gas. |
8.3 Volume of argon gas imports and exports in Thailand. |
8.4 Adoption rate of argon gas technology in key industries. |
8.5 Investments in research and development for argon gas applications. |
9 Thailand Argon Gas Market - Opportunity Assessment |
9.1 Thailand Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Thailand Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Thailand Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 Thailand Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Thailand Argon Gas Market - Competitive Landscape |
10.1 Thailand Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Thailand Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |