Global Liquid Argon Market Growth 2025-2031

Global Liquid Argon Market Growth 2025-2031

The global Liquid Argon market size is predicted to grow from US$ 3528 million in 2025 to US$ 4396 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

Liquid argon is tasteless, colorless, odorless, noncorrosive, nonflammable, and extremely cold. Belonging to the family of rare gases, argon is the most plentiful, making up approximately 1% of the earth’s atmosphere. It is monatomic and extremely inert, forming no known chemical compounds.

Global Liquid Argon key players include Linde, Air Liquide, Prax Air, Air Products, Messer Group, etc. Global top five manufacturers hold a share about 60%.

Asia-Pacific is the largest market, with a share over 45%, followed by Europe and North America, both have a share about 45 percent.

In terms of product, Pure Grade is the largest segment, with a share about 45%. And in terms of application, the largest application is Smelting, followed by Photovoltaic Industry.

LP Information, Inc. (LPI) ' newest research report, the “Liquid Argon Industry Forecast” looks at past sales and reviews total world Liquid Argon sales in 2024, providing a comprehensive analysis by region and market sector of projected Liquid Argon sales for 2025 through 2031. With Liquid Argon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Argon industry.

This Insight Report provides a comprehensive analysis of the global Liquid Argon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Argon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Liquid Argon market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Argon and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Argon.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Argon market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Pure Grade
High Purity Grade
Ultra Pure Grade

Segmentation by Application:
Welding & Cutting
Semiconductor Industry
Photovoltaic Industry
Smelting
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Linde
Air Liquide
Prax Air
Air Products
Messer Group
Yingde Gases Group
BASF
Nippon Shokubai
BAOWU
EuroChem
HBIS Group
Baosteel Gases
Sasol
SHOUGANG OXYGEN PLANT
SHANGONG IRON&STEEL GROUP
Tangshan Tangsteel GGSES
SABIC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Liquid Argon market?

What factors are driving Liquid Argon market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Liquid Argon market opportunities vary by end market size?

How does Liquid Argon break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.