Gas liquid argon market | Trend Shows A Rapid Growth By 2032
Gas Liquid Argon Market Overview The global gas liquid argon market has experienced significant growth over the past decade, driven by the increasing demand across industries such as metal manufacturing, healthcare, electronics, and chemicals. Liquid argon, a colorless, odorless, and inert gas, is primarily obtained through the fractional distillation of air and is used in both liquid and gaseous forms. Its unique chemical and physical properties, such as non-reactivity, low thermal conductivity, and excellent insulation capabilities, make it a versatile component in numerous applications. Market Drivers 1. Growth in Metal Manufacturing: Liquid argon plays a crucial role in the metal manufacturing sector, particularly in steel production, where it is used as a shielding gas to prevent oxidation during welding and casting processes. The global expansion of the construction and automotive industries has led to increased steel production, thereby boosting the demand for liquid argo...