Air gases, namely oxygen, nitrogen, and argon, are the largest and most dynamic markets within the industrial gas industry. By volume and value, oxygen and nitrogen are our industry’s “bread and butter” products and together represent the biggest generator of total industrial gas revenues. Argon represents a smaller but still significant share of total industrial gas revenues, about 10 percent.
As argon is sourced from air separation units (ASU) as crude, concurrent with oxygen production, its supply is tied to demand for oxygen. In this report, we examine how the markets for these three air gases fared in 2009, and take a look ahead to see how they are likely to perform in 2010.
Air Gas Markets
... to continue reading you must be subscribed
