Argon Production Cost Analysis 2020
Argon is a noble gas and is the third-most widely available gas in the Earth's atmosphere at 0.934% (9340 ppmv). It is more than twice as abundant as water vapour and also 23 times as abundant as carbon dioxide. It is more than 500 times as abundant as neon. Argon is the most widely available noble gas in Earth's crust, comprising of 0.00015% of the crust.
Almost all of the argon in the Earth's atmosphere is radiogenic argon-40, which is obtained from the decay of potassium-40 in the Earth's crust. Argon-36 is by far the most abundant argon isotope, in the universe, as it is the most easily prepared by stellar nucleosynthesis in supernovas.
The complete octet is made up of eight electrons in the outer atomic shell that makes argon stable and resistant to bonding with other compounds. Its triple point temperature (83.8058 K) also acts as one defining fixed point in the Global Temperature Scale of 1990.
Argon is manufactured commercially by the fractional distillation of liquid air. It is mostly utilised as an inert shielding gas in welding as well as in the other high-temperature commercial methods where basic unreactive substances can become reactive. Argon is also utilised in incandescent and fluorescent lighting, as well as in other gas-discharge tubes. It creates a different blue-greenish gas laser. It is also utilised in fluorescent glow starters.
Procurement Resource provides an in-depth cost analysis of Argon production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer 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).