Argon is a gas that is inert in nature. It is a chemical element that is naturally found in gaseous form and is placed in group 18 of the periodic table. The element is a noble gas with no color and is odorless and tasteless in nature. Argon is commercially prepared by distillation of liquid air, post which it is extracted, and then stored for several industrial applications. Its melting and boiling points are measured at around -190° C and -186° C, respectively. It is a non-flammable element that is chemically inert in nature and soluble in water. The element is primarily utilized where there is a requirement to maintain an inert atmosphere on an industrial scale.
Request for Real-Time Argon Prices: https://www.procurementresource.com/resource-center/argon-price-trends/pricerequest
Vietnam, the United States, and India are the key importing countries that import Argon. On the other hand, the key exporting countries include Vietnam, India, and the United States.
Key Details About the Argon Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Argon price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Argon Price chart, including India Argon price, USA Argon price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Argon Price Trend:
Argon is an inert gas that has several applications across the global market. It shows its associations with various sectors, including health care, food, and beverages, metallurgical, and paper mills. Argon is primarily used in manufacturing various alloys and metals, such as titanium. It is used in various mechanical activities such as welding and casting. It is also used to manufacture metals like aluminium and steel with large-scale industrial demands.
Additionally, Argon is used in manufacturing wines, protecting it from soaring and preventing oxidation in the barrels. It is used in other beverages as well, such as beers and alcoholic drinks that are manufactured in the beverages industry. Argon lights are famous for their illuminating ability that can be considered in different colors. The gas is filled in the neon tubes in lighting bars. The passing of electricity generates the emission of bright purple-blue light that is used for decorative purposes. It is durable as well as cost-effective way. In the healthcare industry, Argon lasers are extensively used to treat retinal disorders. It exhibits extreme precision and is highly used for operating several disorders.
Key Players:
- BASF
- Eurochem
- Praxair Air
- Messer Group
- American Gas Group
News & Recent Development:
- July 11, 2023: A leading air liquide company, Airgas, which is also one of the leading suppliers of industrial and medical specialty gases in the US, has recently installed two Argon storage nodes to strengthen the supply chain.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
