Argon Production Cost Analysis Report 2022-2028: Manufacturing Process, Raw Materials Requirements and Cost Breakups

The latest report titled “Argon Production Cost Report” by Procurement Resource a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Argon.

Report FeaturesDetails
Product NameArgon
Process IncludedArgon Production From Atmospheric Air
Segments CoveredManufacturing Process: Process Flow, Material Flow, Material Balance
Raw Material and Product/s Specifications: Raw Material Consumption, Product and Co-Product Generation, Capital Investment
Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Cost, Contingency, Engineering and Consulting Charges, Working Capital
Variable Cost: Raw Material, Utilities
Fixed Cost: Labor Requirement & Wages, Overhead Expenses, Maintenance Charges
Financing Costs: Interest on Working Capital, Interest on Loans
Depreciation Charges
General Sales and Admin Costs
Production Cost Summary
CurrencyUS$ (Data can also be provided in local currency)
Pricing and purchase optionsBasic: US$ 1499
Premium: US$ 2999
Enterprise: US$ 4799
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Argon production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Argon Production Process:

1. Argon Production From Atmospheric Air: The report involves the cost analysis of the argon production across argon manufacturing plants through atmospheric air. The process is carried out in a cryogenic air separation unit via fractional distillation of liquid air. This method separates argon from nitrogen and oxygen because them having different boiling points.

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Product Definition:

Argon (Ar) is a colourless gas with the atomic number 18, which accounts for about 0.94% of the Earth’s atmosphere. It is one of the most common environmental gases excluding oxygen and nitrogen. Commercially, it is produced via the fractional distillation of liquid air. It is an odourless gas which is entirely inert to other substances. It has no biological role.

Market Drivers:

Argon is mainly used when the need for an inert atmosphere arises. Its market is being driven by its application as a non-reactive blanket in the production of titanium and other reactive elements. Furthermore, it helps shield the weld area and stops oxygen corrosion under high temperatures in the filament in incandescent light bulbs. In double-glazed windows, it helps fill the gap within the panes. In addition, it is used in luxury car tyres to protect the rubber and cancels noise on the road. In the metal industry, it finds use as an inert gas to protect arc welding and cutting. Also, other end-uses of the gas include ice coring in the SCUBA industry for inflating the drysuit and in making fluorescent glow starters.

Key Questions Answered in the Argon Production Cost Report:

  • What are the key drivers propelling the Argon market?
  • What are the various processes used for Argon production?
  • What are the raw materials required to produce Argon?
  • What are the different operations units involved in the production of Argon?
  • What are the manpower and utility requirements in the production process of Argon?
  • What are the various costs engaged in the production of Argon?
  • What are the construction costs involved in setting up a Argon production facility?
  • What are the working capital requirements?
  • What is the process of raw material procurement for Argon production?
  • What is the time frame for Argon plant start-up?
  • What is the pricing mechanism of Argon?

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