Australia Argon Market Size & Outlook, 2022-2030

The argon market in Australia is expected to reach a projected revenue of US$ 403.0 million by 2030. A compound annual growth rate of 7.1% is expected of Australia argon market from 2023 to 2030.
Revenue, 2022 (US$M)
$232.4
Forecast, 2030 (US$M)
$403.0
CAGR, 2023 - 2030
7.1%
Report Coverage
Australia

Australia argon market highlights

  • The Australia argon market generated a revenue of USD 232.4 million in 2022 and is expected to reach USD 403.0 million by 2030.
  • The Australia market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
  • In terms of segment, manufacturing was the largest revenue generating application in 2022.
  • Healthcare is the most lucrative application segment registering the fastest growth during the forecast period.


Argon market data book summary

Market revenue in 2022USD 232.4 million
Market revenue in 2030USD 403.0 million
Growth rate7.1% (CAGR from 2022 to 2030)
Largest segmentManufacturing
Fastest growing segmentHealthcare
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood & Beverages, Electronics, Healthcare, Manufacturing
Key market players worldwideLinde PLC, Basf SE, Air Liquide SA, KBR Inc, Messer Group, AMCS Corporation, Praxair


Other key industry trends

  • In terms of revenue, Australia accounted for 2.5% of the global argon market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China argon market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 660.8 million by 2030.

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Argon Market Scope

Argon market segmentation & scope

Argon Market Companies

Name Profile # Employees HQ Website

Australia argon market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to argon market will help companies and investors design strategic landscapes.


Manufacturing was the largest segment with a revenue share of 35.07% in 2022. Horizon Databook has segmented the Australia argon market based on food & beverages, electronics, healthcare, manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Australia argon market , including forecasts for subscribers. This country databook contains high-level insights into Australia argon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia argon market size, by application, 2018-2030 (US$M)

Australia Argon Market Outlook Share, 2022 & 2030 (US$M)

Australia argon market size, by application, 2018-2030 (US$M)

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