| Product Code: ETC4856270 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s import of argon gas in 2024 saw significant contributions from top exporting countries such as Trinidad and Tobago, USA, UK, Hong Kong, and China. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a dominant presence of these key exporters. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 52.36%, highlighting the robust expansion of the market. Although the growth rate slightly decelerated from 2023 to 2024 at 0.3%, the overall trend suggests a thriving import market for argon gas in Guyana.

The Argon Gas market in Guyana is projected to grow at a exponential growth rate of 24.90% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Guyana Argon Gas Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Argon Gas Market - Industry Life Cycle |
3.4 Guyana Argon Gas Market - Porter's Five Forces |
3.5 Guyana Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Guyana Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Guyana Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 Guyana Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Guyana Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector, leading to increased demand for argon gas in welding and metal fabrication processes. |
4.2.2 Rising investments in infrastructure development projects, such as construction and automotive industries, driving the need for argon gas for various applications. |
4.2.3 Technological advancements in healthcare and electronics sectors, boosting the demand for argon gas in laser cutting and semiconductor manufacturing processes. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall cost of producing argon gas. |
4.3.2 Regulatory challenges related to environmental concerns and safety standards in handling and storing argon gas. |
4.3.3 Intense competition from alternative gases and technologies affecting the market penetration of argon gas. |
5 Guyana Argon Gas Market Trends |
6 Guyana Argon Gas Market Segmentations |
6.1 Guyana Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Guyana Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.3 Guyana Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.4 Guyana Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.5 Guyana Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.6 Guyana Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.7 Guyana Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Guyana Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Guyana Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Guyana Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Guyana Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Guyana Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Guyana Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Guyana Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Guyana Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Guyana Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Guyana Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Guyana Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Guyana Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Guyana Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Guyana Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Guyana Argon Gas Market Import-Export Trade Statistics |
7.1 Guyana Argon Gas Market Export to Major Countries |
7.2 Guyana Argon Gas Market Imports from Major Countries |
8 Guyana Argon Gas Market Key Performance Indicators |
8.1 Average selling price of argon gas in the Guyana market. |
8.2 Number of new contracts or partnerships with key industries for the supply of argon gas. |
8.3 Percentage increase in the adoption of argon gas in emerging applications and industries. |
9 Guyana Argon Gas Market - Opportunity Assessment |
9.1 Guyana Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Guyana Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Guyana Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 Guyana Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Guyana Argon Gas Market - Competitive Landscape |
10.1 Guyana Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Guyana Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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