Product Code: ETC190791 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Saudi Arabia Argon Gas market currently, in 2023, has witnessed an HHI of 7978, Which has decreased moderately as compared to the HHI of 10000 in 2017. The market is moving towards Highly 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.
Argon gas is a vital component in various industrial processes, including metal fabrication and welding.The market for argon gas in Saudi Arabia is influenced by manufacturing activities and the growing need for precise welding solutions.As industrialization continues to expand in the country, the argon gas market is expected to grow.
The Saudi Arabia argon gas market is poised for growth due to the demand for inert gases used in various industrial applications, including welding, electronics, and aerospace.Argon gas offers shielding and inert properties.The nation`s emphasis on manufacturing and technological advancements, the demand for precise and controlled atmospheres, and the incorporation of argon gas in welding, metal fabrication, and semiconductor industries will drive the demand for this gas.Additionally, the availability of different purity levels and the growth of industrial sectors will further contribute to market expansion.
The Saudi Arabia argon gas market faces challenges related to industrial applications, gas purity, and competition from alternative inert gases.Market players must ensure the purity and quality of argon gas for various industrial processes while addressing concerns about safety and gas handling.Additionally, competition from alternative inert gases and imported argon products adds complexity to the market dynamics.The need for gas quality assurance, safety measures, and research into alternative inert gases influences market growth.
The argon gas market in Saudi Arabia showed resilience during the COVID-19 pandemic, driven by demand from industries like metalworking and electronics.Argon is used in applications such as welding and semiconductor manufacturing.As industrial activities rebounded post-pandemic and technology sectors continued to advance, the market for argon gas sustained its growth.The pandemic underscored the importance of inert gases in various industrial processes.
In the Saudi Arabia argon gas market, companies like Air Liquide, Linde Saudi Arabia, and Air Products supply argon gas for various applications, including welding, metal fabrication, and electronics manufacturing.
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 Saudi Arabia Argon Gas Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Argon Gas Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Argon Gas Market - Industry Life Cycle |
3.4 Saudi Arabia Argon Gas Market - Porter's Five Forces |
3.5 Saudi Arabia Argon Gas Market Revenues & Volume Share, By By End-Use Industry, 2020 & 2030F |
3.6 Saudi Arabia Argon Gas Market Revenues & Volume Share, By By Storage, 2020 & 2030F |
3.7 Saudi Arabia Argon Gas Market Revenues & Volume Share, By By Mixture, 2020 & 2030F |
3.8 Saudi Arabia Argon Gas Market Revenues & Volume Share, By By Function, 2020 & 2030F |
4 Saudi Arabia Argon Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Argon Gas Market Trends |
6 Saudi Arabia Argon Gas Market, By Types |
6.1 Saudi Arabia Argon Gas Market, By By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Argon Gas Market Revenues & Volume, By By End-Use Industry, 2020-2030F |
6.1.3 Saudi Arabia Argon Gas Market Revenues & Volume, By Metal manufacturing & fabrication, 2020-2030F |
6.1.4 Saudi Arabia Argon Gas Market Revenues & Volume, By Chemicals, 2020-2030F |
6.1.5 Saudi Arabia Argon Gas Market Revenues & Volume, By Energy, 2020-2030F |
6.1.6 Saudi Arabia Argon Gas Market Revenues & Volume, By Healthcare, 2020-2030F |
6.1.7 Saudi Arabia Argon Gas Market Revenues & Volume, By Electronics, 2020-2030F |
6.1.8 Saudi Arabia Argon Gas Market Revenues & Volume, By Food & beverage, 2020-2030F |
6.2 Saudi Arabia Argon Gas Market, By By Storage |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Argon Gas Market Revenues & Volume, By Cylinder & packaged gas, 2020-2030F |
6.2.3 Saudi Arabia Argon Gas Market Revenues & Volume, By Merchant liquid/bulk, 2020-2030F |
6.2.4 Saudi Arabia Argon Gas Market Revenues & Volume, By Tonnage, 2020-2030F |
6.3 Saudi Arabia Argon Gas Market, By By Mixture |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Argon Gas Market Revenues & Volume, By Argon-carbon dioxide, 2020-2030F |
6.3.3 Saudi Arabia Argon Gas Market Revenues & Volume, By Argon-oxygen, 2020-2030F |
6.3.4 Saudi Arabia Argon Gas Market Revenues & Volume, By Argon-Helium, 2020-2030F |
6.3.5 Saudi Arabia Argon Gas Market Revenues & Volume, By Argon-Hydrogen, 2020-2030F |
6.3.6 Saudi Arabia Argon Gas Market Revenues & Volume, By Others (argon-helium-carbon dioxide mixtures), 2020-2030F |
6.4 Saudi Arabia Argon Gas Market, By By Function |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Argon Gas Market Revenues & Volume, By Insulation, 2020-2030F |
6.4.3 Saudi Arabia Argon Gas Market Revenues & Volume, By Illumination, 2020-2030F |
6.4.4 Saudi Arabia Argon Gas Market Revenues & Volume, By Cooling, 2020-2030F |
7 Saudi Arabia Argon Gas Market Import-Export Trade Statistics |
7.1 Saudi Arabia Argon Gas Market Export to Major Countries |
7.2 Saudi Arabia Argon Gas Market Imports from Major Countries |
8 Saudi Arabia Argon Gas Market Key Performance Indicators |
9 Saudi Arabia Argon Gas Market - Opportunity Assessment |
9.1 Saudi Arabia Argon Gas Market Opportunity Assessment, By By End-Use Industry, 2020 & 2030F |
9.2 Saudi Arabia Argon Gas Market Opportunity Assessment, By By Storage, 2020 & 2030F |
9.3 Saudi Arabia Argon Gas Market Opportunity Assessment, By By Mixture, 2020 & 2030F |
9.4 Saudi Arabia Argon Gas Market Opportunity Assessment, By By Function, 2020 & 2030F |
10 Saudi Arabia Argon Gas Market - Competitive Landscape |
10.1 Saudi Arabia Argon Gas Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Argon Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |