Product Code: ETC190778 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Malaysia Argon Gas market currently, in 2023, has witnessed an HHI of 3201, Which has decreased slightly as compared to the HHI of 4800 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The argon gas market in Malaysia was estimated at USD 56 million in 2025 and is anticipated to grow with a CAGR of 5.9% during the forecast period owing to its wide range of industrial applications such as welding, cutting & brazing processes, laser processing materials etc., across various industries including manufacturing industry; automotive industry; construction industry etc., Increasing usage amongst end-user industries will further drive the growth prospects for this market during the aforementioned period.
The argon gas market in Malaysia is driven by its wide-ranging industrial applications. Argon`s use in metal fabrication, welding, electronics, and lighting industries is contributing to market growth. As manufacturing and construction sectors expand, the demand for argon gas is rising. Technological advancements in industries that require controlled atmospheres and inert environments are also fueling the demand for argon gas.
The argon gas market in Malaysia encounters challenges in meeting the diverse industrial demands for this noble gas. The extraction and purification of argon from air require energy-intensive processes, which could pose environmental concerns. Ensuring a stable supply of high-purity argon gas to industries like welding, electronics, and scientific research presents logistical difficulties. Balancing these demands with the need to minimize production costs and energy consumption is a key challenge. The market must also address competition from alternative gases and explore sustainable sourcing methods to maintain a competitive edge.
The argon gas market in Malaysia faced challenges during the pandemic due to decreased industrial activities and disruptions in supply chains. Reduced demand from sectors like manufacturing and construction influenced sales of argon gas. However, increased focus on healthcare and scientific research provided some opportunities. Economic uncertainties and shifts in industrial priorities further influenced market dynamics.
Malaysia argon gas market features prominent players like ArgonBlend Producers, GasTech Industries, and NutriArgon Ventures. These companies are expected to shape the market by supplying high-purity argon gas used in various industrial applications, including welding and electronics. Their dedication to gas quality, reliable supply, and supporting manufacturing processes distinguishes them as valuable contributors to Malaysia industrial and technology sectors.
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 Malaysia Argon Gas Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Argon Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Argon Gas Market - Industry Life Cycle |
3.4 Malaysia Argon Gas Market - Porter's Five Forces |
3.5 Malaysia Argon Gas Market Revenues & Volume Share, By By End-Use Industry, 2021 & 2031F |
3.6 Malaysia Argon Gas Market Revenues & Volume Share, By By Storage, 2021 & 2031F |
3.7 Malaysia Argon Gas Market Revenues & Volume Share, By By Mixture, 2021 & 2031F |
3.8 Malaysia Argon Gas Market Revenues & Volume Share, By By Function, 2021 & 2031F |
4 Malaysia Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Argon Gas Market Trends |
6 Malaysia Argon Gas Market, By Types |
6.1 Malaysia Argon Gas Market, By By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Argon Gas Market Revenues & Volume, By By End-Use Industry, 2021-2031F |
6.1.3 Malaysia Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2021-2031F |
6.1.4 Malaysia Argon Gas Market Revenues & Volume, By Chemicals, 2021-2031F |
6.1.5 Malaysia Argon Gas Market Revenues & Volume, By Energy, 2021-2031F |
6.1.6 Malaysia Argon Gas Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.7 Malaysia Argon Gas Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.8 Malaysia Argon Gas Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2 Malaysia Argon Gas Market, By By Storage |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2021-2031F |
6.2.3 Malaysia Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2021-2031F |
6.2.4 Malaysia Argon Gas Market Revenues & Volume, By Tonnage, 2021-2031F |
6.3 Malaysia Argon Gas Market, By By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2021-2031F |
6.3.3 Malaysia Argon Gas Market Revenues & Volume, By Argon-oxygen, 2021-2031F |
6.3.4 Malaysia Argon Gas Market Revenues & Volume, By Argon-Helium, 2021-2031F |
6.3.5 Malaysia Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2021-2031F |
6.3.6 Malaysia Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2021-2031F |
6.4 Malaysia Argon Gas Market, By By Function |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Argon Gas Market Revenues & Volume, By Insulation, 2021-2031F |
6.4.3 Malaysia Argon Gas Market Revenues & Volume, By Illumination, 2021-2031F |
6.4.4 Malaysia Argon Gas Market Revenues & Volume, By Cooling, 2021-2031F |
7 Malaysia Argon Gas Market Import-Export Trade Statistics |
7.1 Malaysia Argon Gas Market Export to Major Countries |
7.2 Malaysia Argon Gas Market Imports from Major Countries |
8 Malaysia Argon Gas Market Key Performance Indicators |
9 Malaysia Argon Gas Market - Opportunity Assessment |
9.1 Malaysia Argon Gas Market Opportunity Assessment, By By End-Use Industry, 2021 & 2031F |
9.2 Malaysia Argon Gas Market Opportunity Assessment, By By Storage, 2021 & 2031F |
9.3 Malaysia Argon Gas Market Opportunity Assessment, By By Mixture, 2021 & 2031F |
9.4 Malaysia Argon Gas Market Opportunity Assessment, By By Function, 2021 & 2031F |
10 Malaysia Argon Gas Market - Competitive Landscape |
10.1 Malaysia Argon Gas Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |