Global Chemical Industry Current and Future Scenario
The unprecedented COVID-19 outbreak has caused disruptions in almost every industry across the world. The global chemical industry has experienced a significant decline in the past 1 year, due to the restriction in movement and unstable supply chains.
The new report by “Fact.MR, A Market Research and Competitive Intelligence Provider” tracks High Purity Argon Demand and Sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyses the impact of COVID-19 on chemicals industry in general and gives crucial insights on High Purity Argon market.
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Demand to Remain Concentrated in Welding Applications
With the growing need for shielded arc processes during industrial processes such as wielding stainless steel, copper, aluminum, and bronze, demand for high purity argon continues to remain high. Leading manufacturers across industries utilize high purity argon as a shielding gas as it maintains an inert atmosphere and prevents instances of chemical changes and oxidation, which would be detrimental for the weld. Plasma cutting, arc welding, and root shielding are some of the prominent industrial applications that are witnessing robust demand for high purity and ultra-high purity argon gas.
* Full Segmentation Available on Demand*
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Essential Takeaways from the Market Report
- Comparison of prominent players operating in the market.
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the market.
- Identification of market drivers, restraints and other forces impacting the Global High Purity Argon Market
- Evaluation of current High Purity Argon market size and forecast and technological advancements within the industry.
Key Regions Analyzed
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/07/29/1892956/0/en/Increasing-Manufacturer-Focus-towards-Innovative-Performance-Spurring-Sales-of-Excavators-reports-Fact-MR-study.html
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