Use of Argon Gas in a Wide Range of Applications to Drive the Market Growth
Argon gas is formed by fractional distillation by extracting it from liquid air in a cryogenic air separation unit and exists as charged ion molecules. It is a noble gas and, therefore, is considered an essential gas due to its wide range of applications across various industries, helping to increase the demand for this gas and driving the market growth.
Argon gas is majorly used in the metal fabrication sector for shielding metals from oxidation during welding, because of its properties like non-toxic, non-flammability, non-reactive under extreme temperature conditions, and many others, due to which the demand for this gas is increasing in this industry. Metal fabrication is a subsector of the manufacturing industry and is linked with many other sectors such as pharmaceuticals, food, and beverages, automotive, aerospace, energy, construction, shipbuilding, etc. (Use of Argon Gas)
Metal fabrication has boosted the use of this gas in the steel industry, which is continuously booming in all sectors across the globe. The figure below shows the use of steel in different sectors in 2018 (%).
Use of Steel, In Different Sectors, 2018
Use of Argon gas
In addition, it is also used on a large scale in solar and insulated windows to increase the energy efficiency and general performance of these windows, which is expanding its demand in this sector and driving the market growth. Furthermore, it is used in excimer lasers and fluorine and helium, which produce microelectronic devices. It is also used in incandescent lamps and phosphorescent tubes, propelling its demand due to the increasing number of malls, shopping complexes, hotels, etc.
Moreover, argon gas finds its applications in a variety of other purposes as well, such as in the manufacturing of titanium and other reactive elements as a non-reactive blanket, for growing silicon as well as germanium crystals as a protective atmosphere, for filling the dry suits that are used for scuba diving, and as a filler gas in fire extinguishers and airbag inflation which are the factors responsible for the growth of this market.
Argon gas condenses to a colourless liquid at −185.8 °C (−302.4 °F) and to a crystalline solid at −189.4 °C (−308.9 °F). The gas cannot be liquefied by pressure above a temperature of −122.3 °C (−188.1 °F), and at this point a pressure of at least 48 atmospheres is required to make it liquefy.