About Argon Gas
Mirror coating is used for concentrating solar power, concentrating photovoltaic and solar thermal installations. Increasing use of mirror coating particularly in architectural and construction sectors have expected to grow mirror coating market with healthy CAGR. Hence, coating suppliers are investing more in research and development. For instance, in 2016, 3M had invested approximately 1.6 billion in research and development for coating segment only. Also, it has been observed that, rising demand from Asian countries and automotive sector for mirror coating is likely to boost market globally.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 7.12% |
Argon gas market is a fragmented market due to the presence of various players. Companies are focusing on increasing manufacturing capacity. The companies are coming up with partnerships or agreements along with planning strategic activities such as new product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Manufacturers having a strong hold in the market are Ferro Corporation, The Sherwin-Williams, Diamon-Fusion International, Inc, CASIX, INC. Analyst at AMA Research estimates that United States, Asian and European Manufacturers will contribute the maximum growth to Global Argon Gas market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FENZI S.p.A Via Trieste Zona Industriale (Italy), Vitro, S.A.B. De C.V. (Mexico), Ferro Corporation (United States), Arkema (France), The Sherwin-Williams (United States), Glas Trösch (Switzerland), Diamon-Fusion International, Inc (United States), CASIX, INC (China), Mader (Australia) and Pearl Nano (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tianjin Xin Lihua Color Materials Co., Ltd (China) and High Ding Industrial (China).
Segmentation Overview
AMA Research has segmented the market of Global Argon Gas market by Type (Liquid and Gas), Application (Architectural Applications, Automotive & Transportation Applications, Decorative Applications, Solar Power (Concentrated Solar Power Systems, CSP Considerations) and Other Applications) and Region.
On the basis of geography, the market of Argon Gas has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Substrate, the sub-segment i.e. Silver will boost the Argon Gas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by , the sub-segment i.e.
will boost the Argon Gas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Water-Based Coatings will boost the Argon Gas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resin Type, the sub-segment i.e. Polyurethane will boost the Argon Gas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use in Automotive & Transportation Sector
Market Growth Drivers:
Increasing Demand for Architectural Glass & Mirror particularly in Residential and Commercial Buildings, High Demand from APAC and Rising Focus on Concentrated Solar Power
Challenges:
Strict Rules and Policies and Environment Barriers
Restraints:
Disadvantages of Water Based Mirror Coatings
Opportunities:
Growing Demand for Natural, Low-Voc, and Sustainable Mirror Coatings
Key Target Audience
Mirror Manufacturers, Mirror Raw Material Suppliers, Coatings Raw Material Suppliers, Coating Formulation Technology Providers, Industry Associations, Nano Coating Technology Companies, Automotive Companies, Solar Panel Manufacturers, Decorative Mirror Manufacturers, Chemical Companies, Government, and Regional Agencies and Research Organizations and Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.