UK Argon Market Size & Outlook, 2022-2030

The argon market in UK is expected to reach a projected revenue of US$ 491.4 million by 2030. A compound annual growth rate of 7% is expected of UK argon market from 2023 to 2030.
Revenue, 2022 (US$M)
$286.8
Forecast, 2030 (US$M)
$491.4
CAGR, 2023 - 2030
7%
Report Coverage
UK

UK argon market highlights

  • The UK argon market generated a revenue of USD 286.8 million in 2022 and is expected to reach USD 491.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 7% 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 286.8 million
Market revenue in 2030USD 491.4 million
Growth rate7% (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, UK accounted for 3.1% 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 Europe, Germany argon market is projected to lead the regional market in terms of revenue in 2030.
  • Russia is the fastest growing regional market in Europe and is projected to reach USD 207.2 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

UK 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 36.92% in 2022. Horizon Databook has segmented the UK 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.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 UK argon market , including forecasts for subscribers. This country databook contains high-level insights into UK argon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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