Brazil Argon Market Size & Outlook, 2022-2030
The argon market in Brazil is expected to reach a projected revenue of US$ 699.8 million by 2030. A compound annual growth rate of 5.9% is expected of Brazil argon market from 2023 to 2030.
Revenue, 2022 (US$M)
$443.0
Forecast, 2030 (US$M)
$699.8
CAGR, 2023 - 2030
5.9%
Report Coverage
Brazil
Brazil argon market, 2018-2030 (US$M)
Related Markets
Brazil argon market highlights
- The Brazil argon market generated a revenue of USD 443.0 million in 2022 and is expected to reach USD 699.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.9% 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 2022 | USD 443.0 million |
| Market revenue in 2030 | USD 699.8 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Healthcare |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages, Electronics, Healthcare, Manufacturing |
| Key market players worldwide | Linde PLC, Basf SE, Air Liquide SA, KBR Inc, Messer Group, AMCS Corporation, Praxair |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.7% 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 Latin America, Brazil argon market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 659.2 million by 2030.
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Argon Market Scope
Argon market segmentation & scope
Food & Beverages
Chemicals
Pharmaceuticals
Electronics
Oil Refining
Ammonia
Transportation
Oil & Gas
Medical
Fire Suppressant
Metals & Mining
Water Treatment
Healthcare
Manufacturing
Metal working
Lamps
Others
Methanol
Steel
Argon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 34.99% in 2022. Horizon Databook has segmented the Brazil argon market based on food & beverages, electronics, healthcare, manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
- Brazil Argon Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Chemicals
- Pharmaceuticals
- Electronics
- Oil Refining
- Ammonia
- Transportation
- Oil & Gas
- Medical
- Fire Suppressant
- Metals & Mining
- Water Treatment
- Healthcare
- Manufacturing
- Metal working
- Lamps
- Others
- Methanol
- Steel
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil argon market , including forecasts for subscribers. This country databook contains high-level insights into Brazil argon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil argon market size, by application, 2018-2030 (US$M)
Brazil Argon Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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