市場調査レポート
商品コード
1415554
アルゴンガスの世界市場の評価:用途別、最終用途産業別、貯蔵・供給方式別、地域別、機会、予測(2017年~2031年)Argon Gas Market Assessment, By Application, By End-use Industry, By Storage & Supply Mode By Region, Opportunities and Forecast, 2017-2031F |
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アルゴンガスの世界市場の評価:用途別、最終用途産業別、貯蔵・供給方式別、地域別、機会、予測(2017年~2031年) |
出版日: 2024年01月24日
発行: Market Xcel - Markets and Data
ページ情報: 英文 222 Pages
納期: 3~5営業日
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世界のアルゴンガスの市場規模は、2023年の81億2,000万米ドルから2031年までに134億4,000万米ドルに達し、2024年~2031年の予測期間にCAGRで6.5%の成長が見込まれています。冶金産業の収益拡大が市場成長を後押ししています。
アルゴンガス産業におけるアジア太平洋の優位性は、もう1つの成長促進要因として作用しています。例えば、国際自動車工業連合会(OICA)によると、2022年のアジア太平洋の自動車生産は7%の成長を記録しました。
慢性疾患の流行、先進の医療施設の開発、医療機器に関する近年の技術革新は、医療産業の成長を加速させる重要な変数の一部です。医療産業の拡大に伴い、アルゴンガスは手術器具に使用されるためその需要が高まっており、市場の収益拡大が加速しています。さらに、世界レベルでの冶金産業の成長は、工業製品に対する需要の増加、3Dプリンティングと積層造形の採用拡大、持続可能なコスト削減、技術の進歩といった主な要因によるものです。このように、アルゴンガスは金属の製造や加工に利用されるため、冶金産業がアルゴンガスの需要を高めており、市場成長を促進しています。
さらに、新しいアルゴンガス製造施設の開発に向けた近年の投資が、予測期間中の市場成長に有利な成長可能性を生み出す見込みです。例えば、 Air Water Inc.の子会社であるAir Water Americaは、ニューヨーク州ロチェスターに空気分離装置を建設し、アルゴンを含む工業用ガスの製造から販売までのガス供給ビジネスの展開を計画しています。2024年11月に着工し、2025年9月に経営を開始する計画です。この施設は240トン/日の製造能力を持ち、グループにとって北米初のガス製造拠点となります。しかし、アルゴンガスの代替となるさまざまな製品の利用可能性が、市場成長の主な抑制要因となっています。
建築、建設、自動車、航空宇宙、海事、工業製品などのさまざまな最終用途産業における鉄鋼の急速な採用が、鉄鋼産業の力強い成長の主な促進要因となっています。
例えば、世界鉄鋼協会(WSA)が近年発表したデータによると、2022年の粗鋼生産は世界全体で18億8,500万トンでした。粗鋼生産の上位5市場は、中国、インド、日本、米国、ロシアで、それぞれ10億1,800万トン、1億2,530万トン、8,920万トン、8,050万トン、7,150万トンです。アルゴンガスは製造プロセスで重要な役割を果たし、さまざまな金属加工工程に保護雰囲気を提供し、最終製品の品質に寄与することから、活況を呈する冶金部門がアルゴンガスの需要を促進しています。この決定要因が市場成長を促進しています。
アジア太平洋は急速な工業化を経験しており、アルゴンガスを含む工業用ガスの需要の増加につながっています。さらに、電子、製造、エネルギーなどの部門の成長が、同地域のアルゴンガス需要を促進しています。同様に、アジア太平洋における都市化の進行とインフラの成長は、アルゴンガス市場に新たな機会を生み出しています。
例えば、米国地質調査所(USGS)が発表した近年の統計によると、2021年のベトナムのチタン生産は12万2,000トンで、2022年に16万トンとなり、前年比成長率は31.1%でした。また、インドの鉄鋼生産は2021年に78千トンでしたが、2022年に8万3,000トンに達し、年間成長率は6.4%でした。以後、鉄鋼、チタンなどの冶金関連製品の生産の増加がアジア太平洋のアルゴンガス需要に拍車をかけ、同地域の市場成長をさらに増幅させています。
2020年に急増するCOVID-19患者を抑制するため、北米、欧州、アジア太平洋を含むさまざまな地域で厳格な指令が実施されました。自動車、冶金、建設向けの主要な製造ユニットが稼働を停止したため、アルゴンガスのサプライチェーンが混乱しました。2021年4月に発表された世界鉄鋼協会の短期の見通しでは、2020年の世界の鉄鋼消費は0.2%減少し、減少率がもっとも大きかったのは北米、EU、英国、アフリカでした。従って、最終用途産業の減収が2020年のアルゴンガス市場の成長を抑制しました。
しかし逆に、医療施設の需要は2020年に飛躍的に増加し、市場の当該セグメントの収益成長を押し上げました。さらに2020年末、各国政府が工業生産活動を促進する積極的な施策を実施し、アルゴンガス市場を大幅に後押ししました。
当レポートでは、世界のアルゴンガス市場について調査分析し、市場規模と予測、市場力学、主要企業情勢と見通しなどを提供しています。
Global argon gas market is projected to witness a CAGR of 6.5% during the forecast period 2024-2031, growing from USD 8.12 billion in 2023 to USD 13.44 billion in 2031. The revenue expansion of the metallurgy industry is boosting the growth of the argon gas market. For instance, as per United States Geological Survey (USGS), titanium production in Australia was 660 thousand tons in 2021, an increase of 10% as opposed to 2021.
The dominance of the Asia-Pacific region in the argon gas industry is acting as another growth-inducing factor. For instance, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2022, the Asia Pacific region production of automobiles in the Asia-Pacific region registered a growth of 7%.
The increasing prevalence of chronic diseases, the development of advanced healthcare facilities, and the recent innovations related to medical equipment are some of the crucial variables accelerating the growth of the healthcare industry. In line with the healthcare industry expansion, the argon gas demand is booming as it is deployed in surgical instruments, thereby accelerating the revenue advancement of the market. In addition, the growth of the metallurgy industry at the global level is attributed to prime factors such as increasing demand for manufactured goods, growing adoption of 3D printing and additive manufacturing, sustainable cost reduction, and technological advancements. Thus, the bolstering metallurgy industry is boosting the demand for argon gas since the gases are utilized in metal manufacturing and processing activities, which, in turn, is propelling the growth of the market.
Moreover, recent investments in the development of new argon gas manufacturing facilities will create a favorable growth potential for the market growth during the projected forecast period. For instance, Air Water Inc.'s subsidiary, Air Water America, is planning to construct an air separation unit in Rochester, New York, to develop an integrated gas supply business from manufacturing to sales of industrial gases, including argon. The plan is to begin construction in November 2024 and start operations in September 2025. This facility will have a manufacturing capability of 240 tons/day and will be the group's first gas manufacturing base in North America. However, the availability of various substitute products for argon gas is a prime restraint limiting the growth of the market.
In the healthcare sector, argon gas is used for procedures such as retinal phototherapy, retinal realignment, and tumor ablation. Additionally, it is used in pure form or mixtures for analysis and quality control in hospitals, as well as in plasma gas for inductive coupled plasma (ICP) emission spectrometry and other medical applications. The key players having a significant share in the global argon market are offering argon gas for application in the healthcare industry.
For illustration, Air Liquide Healthcare, a subsidiary company of Air Liquide, a global player in the argon gas industry, is offering Air Liquide Healthcare argon gas for the healthcare industry. Argon gas is employed as a blanket gas in graphite furnace atomic absorption spectrometry (GFAAS) and as a carrier gas in gas chromatography for a wide range of detectors. Henceforth, the inert properties of argon make it beneficial for performance quality improvement in the healthcare industry. As a result, the increasing adoption of argon gas in the healthcare industry is proliferating the market growth.
Argon gas is a colorless, odorless, non-flammable, and non-toxic gas, which makes it ideal for use in the metallurgy industry. Argon gas is utilized as a blowing gas during the manufacturing process of higher-quality metals to avoid the formation of nitrides. As a result, argon gas is often deployed in the manufacturing and processing of metals such as steel, titanium, and others. In steel production, argon gas is deployed in ladle metallurgy, vacuum degassing, and continuous casting to stir the metal and facilitate refining steps, along with stream shrouding and tundish inerting. The rapid adoption of steel across various end-use industries, including building and construction, automotive, aerospace, marine, and industrial products are some of the prime factors facilitating the robust growth of the steel industry.
For instance, according to the recent data published by the World Steel Association (WSA), in 2022, the global production of crude steel was 1,885 million tons. The top 5 markets for crude steel production were China, India, Japan, the United States, and Russia with a volume of 1,018 million tons, 125.3 million tons, 89.2 million tons, 80.5 million tons, and 71.5 million tons, respectively. Hence, the booming metallurgy sector is fueling the demand for argon gas since it plays a vital role in the manufacturing process, providing a protective atmosphere for various metalworking steps and contributing to the quality of the final products. This determinant is augmenting the market growth.
The various technical properties associated with the argon gas include melting point at -189°C, boiling point at -185.7°C, 0.00178 grams per centimeter cube density, and molecular weight/molar mass at 39.948 u. The above-mentioned characteristics make argon gas less conductive than regular air, promoting its use as a better thermal insulating gas. As a result, argon gas is ideal for a range of end-use industries such as metallurgy, electrical and electronics, healthcare, food & beverage, and energy and power generation. Thus, the argon gas manufacturers at the global level are targeting to develop new manufacturing facilities to cater to a wide range of end-use industries. For instance, in October 2022, Air Liquide invested USD 539.72 million (EURO 500 million) in three new plants in Taiwan to supply ultra-pure nitrogen, oxygen, and argon gas, with the first plant expected to be operational in 2024. Therefore, beneficial technical properties related to argon gas are prompting the leading players to develop new manufacturing facilities, which, in turn, is supplementing the growth of the argon gas market.
The Asia-Pacific region is experiencing rapid industrialization, leading to an increased demand for industrial gases, including argon gas. Additionally, the growth in sectors, such as electronics, manufacturing, and energy, is driving the demand for argon gas in the region. Likewise, the increasing urbanization and infrastructural growth in the Asia-Pacific region are creating new opportunities for the argon gas market.
For instance, according to the recent statistics published by the United States Geological Survey (USGS), in 2021, titanium production in Vietnam was 122 thousand tons, and in 2022, it was 160 thousand tons, representing a year-on-year growth rate of 31.1%. In addition, India's iron & steel production was 78 thousand tons in 2021, and it reached 83 thousand tons in 2022, an annual growth rate of 6.4%. Henceforth, the increase in the production of metallurgy-related products, including iron, steel, and titanium, among others, is spurring the demand for argon gas in the Asia-Pacific region, which is further amplifying the growth of the market in the region.
Stringent protocols were implemented across various regions, including North America, Europe, and Asia-Pacific, to curb the surging COVID-19 cases in 2020. The supply chain of argon gas was disrupted as the leading manufacturing units for automotive, metallurgy, and construction halted their operation. The World Steel Association's Short Range Outlook released in April 2021 reported that global steel consumption declined by 0.2% in 2020, with the largest percentage decline recorded in North America, the European Union, the United Kingdom, and Africa. Hence, the decrease in the revenue of the end-use industries restricted the argon gas market growth in 2020.
However, on the contrary, the demand for healthcare facilities increased exponentially in 2020, which boosted the segmental revenue growth of the market. Furthermore, at the end of 2020, governments of various nations implemented aggressive measures to promote industrial manufacturing activities, which significantly accelerated the argon gas market.
The Russia-Ukraine war had a significant impact on the argon gas industry, as Ukraine is a major supplier of noble gases, including argon, which is essential for various applications, including semiconductor chip production. The conflict disrupted the supply of noble gases, leading to concerns about the structure and resilience of global supply chains, particularly for strategically sensitive technologies. The disruption in the supply chain further forced chipmakers to review their stockpiles, which led to a surge in wholesale prices of rare gases, including argon. The conflict also pushed European gas prices to record levels, affecting chemical producers and potentially leading to gas rationing and production cuts.
In addition, various argon gas manufacturers halted their production activities in Russia, which impacted the supply of gases in the global market. For instance, in September 2022, Air Liquide disengaged its production activities in Russia. Therefore, the war between Russia and Ukraine has had a substantial impact on the argon gas industry, affecting supply chains, prices, and the availability of noble gases essential for various applications, including chip manufacturing.
The key industry leaders involved in the manufacturing of argon gas in the global market are: Air Products and Chemicals, Inc., Air Liquide, Linde plc, Messer, Praxair Technology, Inc., MATHESON TRI-GAS, INC., Iwatani Corporation., Steelman Gases Pvt. Ltd., Bhuruka Gases Limited, and Ellenbarrie industrial Gases. These players have highly advanced modern infrastructure for developing, producing, storing, and supplying argon gas. Major players are deploying various strategies, entering mergers & acquisitions, formulating strategic agreements & contracts, and developing, testing, and introducing new solutions and services.
In July 2023, Sol India Pvt Ltd, an Indian industrial and medical gas manufacturer, commenced the development of a new gas manufacturing facility in India. The new gas manufacturing plant will produce & supply gases such as industrial oxygen, liquid medical gas, liquid nitrogen, and argon. Thus, the development of new manufacturing facilities related to argon gas will foster the supply of gases in the global market in the upcoming years.
In July 2023, a multi-year contract was awarded for the acquisition of a large cryogenic plant to cool tens of thousands of tons of liquid argon for DUNE detectors in South Dakota. This contract highlights the growing interest in argon gas and its applications in various industries, including aerospace and defense.
In December 2022, Air Liquide, a global player involved in the manufacturing and supply of argon gas, opened a new facility with a cylinder filling station (CFS) that fills 3000 cylinders per day and 70 tons per day capacity air separation unit (ASU) in Maharastra, India. This new facility will serve various small and medium organization customers of liquid argon, argon-CO2 mixtures, oxygen, liquid nitrogen, oxygen, and nitrogen in high-pressure cylinders. Hence, the inauguration of a new facility targeted to serve multiple end-use industries is augmenting the revenue growth of the argon gas market.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.