| Product Code: ETC4856288 | 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 |
In 2024, Lithuania continued to heavily rely on imports of argon gas, with top exporting countries including Latvia, Estonia, and Finland. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 12.54%, showcasing a steady expansion in demand. Additionally, the impressive growth rate of 21.51% from 2023 to 2024 suggests a rapid acceleration in the import shipments of argon gas into Lithuania, reflecting a thriving market for this essential industrial gas.

In the Europe region, the Argon Gas market in Lithuania is projected to expand at a stable growth rate of 0.63% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Lithuania Argon Gas Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Argon Gas Market - Industry Life Cycle |
3.4 Lithuania Argon Gas Market - Porter's Five Forces |
3.5 Lithuania Argon Gas Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Lithuania Argon Gas Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Lithuania Argon Gas Market Revenues & Volume Share, By Mixture, 2021 & 2031F |
3.8 Lithuania Argon Gas Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Lithuania Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the metal fabrication industry in Lithuania |
4.2.2 Increasing demand for argon gas in the healthcare sector for medical applications |
4.2.3 Rise in the adoption of argon gas for industrial applications such as welding and metal processing |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in argon gas production |
4.3.2 Regulatory challenges related to environmental standards and safety measures for handling argon gas |
4.3.3 Competition from alternative gases used in similar applications |
5 Lithuania Argon Gas Market Trends |
6 Lithuania Argon Gas Market Segmentations |
6.1 Lithuania Argon Gas Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.3 Lithuania Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.4 Lithuania Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.5 Lithuania Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.6 Lithuania Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.7 Lithuania Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Lithuania Argon Gas Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Lithuania Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Lithuania Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Lithuania Argon Gas Market, By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Lithuania Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Lithuania Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Lithuania Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Lithuania Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Lithuania Argon Gas Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Lithuania Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Lithuania Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Lithuania Argon Gas Market Import-Export Trade Statistics |
7.1 Lithuania Argon Gas Market Export to Major Countries |
7.2 Lithuania Argon Gas Market Imports from Major Countries |
8 Lithuania Argon Gas Market Key Performance Indicators |
8.1 Average selling price of argon gas in Lithuania |
8.2 Number of new contracts or partnerships with key industries in the region |
8.3 Percentage increase in the utilization rate of argon gas in different sectors |
9 Lithuania Argon Gas Market - Opportunity Assessment |
9.1 Lithuania Argon Gas Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Lithuania Argon Gas Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Lithuania Argon Gas Market Opportunity Assessment, By Mixture, 2021 & 2031F |
9.4 Lithuania Argon Gas Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Lithuania Argon Gas Market - Competitive Landscape |
10.1 Lithuania Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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