Canada Argon Market Size & Outlook, 2022-2030
Canada argon market, 2018-2030 (US$M)
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Canada argon market highlights
- The Canada argon market generated a revenue of USD 478.1 million in 2022 and is expected to reach USD 878.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.9% 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 478.1 million |
| Market revenue in 2030 | USD 878.4 million |
| Growth rate | 7.9% (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, Canada accounted for 5.1% 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 North America, U.S. argon market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 878.4 million by 2030.
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Argon Market Scope
Argon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 36.73% in 2022. Horizon Databook has segmented the Canada 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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Our clientele includes a mix of argon market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada argon market , including forecasts for subscribers. This country databook contains high-level insights into Canada argon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada argon market size, by application, 2018-2030 (US$M)
Canada Argon Market Outlook Share, 2022 & 2030 (US$M)
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