Material Insights · Understanding the Material World

Argon: Production

A gas whose world output nobody publishes

What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.
MeasureFigureDetailSource
World capacitynot publishedUSGS: world production of argon 'was large', no figure
World outputworld not published; US sales 1.1 billion m3 (about 2.0 Mt) in 2025, with imports of 35 million m3 and exports of 60 million m3USGS MCS 2026
Capacity utilisationnot publishedFour new US ASUs able to produce argon started in 2025 (Louisiana, Ohio, Tennessee, Texas). Supply tightens when steel-plant ASUs or ammonia plants shut.USGS MCS 2026
Concentrationtop-5 gas companies about 80-84% of industrial gasesArgon sales are dominated by the same majors, plus captive steel ASUs in China and India.MarketsandMarkets (2024)
New capacitynew argon-capable ASUs mostly in AsiaFour US argon-capable ASUs started in 2025; several new rare-gas ASUs are under development, mostly in Asia (USGS 2026).USGS MCS 2026

Top producing countries

  • China: not published; largest steel (980 Mt) and solar ingot base
  • United States: about 2.0 Mt sold (2025); net exporter
  • India: not published; 160 Mt steel
  • Japan: not published; 81 Mt steel
  • Russia: not published; rare gas supply from Russia and Ukraine limited since 2022
USGS MCS 2026 (steel); USGS MCS 2026

Largest producers: global

CompanyCountryVolumeYearSource
Linde argon volume not disclosed UK/US/Germany33.99 $ billion sales, all gases 2025Linde 2025 Annual Report
Air Liquide not retrieved Francenot published 2025company
Air Products not retrieved USnot published FY2025company
Airgas (Air Liquide) largest US cylinder distributor USnot published 2014gasworld (2014 price increases of up to 25% and 15%)
Nippon Sanso Holdings not retrieved Japannot published 2025MarketsandMarkets top-5

Largest producers: India

CompanyCountryVolumeYearSource
INOX Air Products argon volume not published India456 $ million commercial gas revenue, all gases 2024gasworld India report (2025)
Linde India argon volume not published India466 $ million commercial gas revenue, all gases 2024gasworld India report (2025)
Air Liquide IndiaIndianot published 2024gasworld India report (2025)

India makes argon at steel-plant and merchant ASUs; national volumes are not published. Indian bulk argon was priced about 13% above Chinese export argon in August 2026 ($786/t CIF against $695/t FOB), which points to some import dependence at the margin (Procurement Resource).

Position by region

RegionPosition
USNet exporter: exports 60 million m3 against imports 35 million m3 (2025); 90% of imports from Canada (USGS).
EUSelf-sufficient in normal years; ASU closures at idled steel and ammonia plants in 2022 tightened supply (indicative).
IndiaDomestic supply from steel ASUs; prices above China's export level in 2026.
ChinaLargest producer and user; solar ingot growth is a major demand source (indicative).
JapanSelf-sufficient; electronics demand.
Middle EastLarge ASUs at GTL and petrochemical sites can recover argon.