Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
| 2022 –2029 | |
|
|
USD 684.68 Million |
| USD 1,295.73 Million | |
| % | |
|
Global Rare Gas Market By Type (Neon, Krypton, Xenon), Functions (Illumination, Insulation, Scanning, Anaesthesia, Semiconductors, and Satellites), Transportation (Cylinders & Liquid Containers, Tonnage Distribution, Bulk and Micro Bulk Delivery), End Use (Manufacturing & Construction, Electronics, Automotive and Transportation Equipment, Health Care) – Industry Trends and Forecast to 2029
Get Exclusive Sample Copy of this Report Here
Market Analysis and Size
Under normal conditions, noble gas is a chemically inert gas that finds use in a variety of industries including healthcare, aerospace, construction, energy & power, and electronics because it is non-combustible, noncorrosive, nontoxic, colourless, and odourless, and has the lowest boiling point, it is useful in cryogenic applications such as welding, insulation, lighting, and refrigeration.
Data Bridge Market Research analyses that the rare gas market was valued at USD 684.68 million in 2021 and is expected to reach the value of USD 1295.73 million by 2029, at a CAGR of 8.30% during the forecast period of 2022 to 2029.
Market Definition
Inert gases such as helium, neon, krypton, and xenon are classified as rare gases. These elements are abundant in the Earth's atmosphere, but due to their electron configuration, they are mostly inactive under normal conditions. Rare gases are non-metallic in nature, colourless or light blue in appearance, and have a very low reactivity to other atoms/molecules under normal conditions.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2019 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Neon, Krypton, Xenon), Functions (Illumination, Insulation, Scanning, Anaesthesia, Semiconductors, and Satellites), Transportation (Cylinders & Liquid Containers, Tonnage Distribution, Bulk and Micro Bulk Delivery), End Use (Manufacturing & Construction, Electronics, Automotive and Transportation Equipment, Health Care)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
|
|
Market Players Covered
|
Air Products Inc., (U.S), Linde Plc (Germany), Air Liquide (France), Ellenbarrie Industrial Gases (India), Praxair Technology, Inc., (U.S), TAIYO NIPPON SANSO CORPORATION, (Japan), AIMS INDUSTRIES PRIVATE LIMITED (India), scicalgas (U.S), SOL Group (Italy), Atlas Copco AB (Sweden), Zaburitz Pearl Energy Co., Ltd., (Myanmar), Rotarex (Luxembourg), Messer Group GmbH (Germany), Amico Group, (UAE) and GCE Group (Sweden)
|
|
Opportunities
|
|
Drivers
Noble gases are expected to gain popularity in the manufacturing industry around the world due to their inertness at high temperatures and use in metal melting applications. By performing cryogenic distillation of air, these gases are used to produce highly pure oxygen. The thriving global display market is critical in driving up the consumption of noble gases in electronic applications.
Noble gases are used as a delivery system for drugs that are inhaled because these gases are non-reactive with other elements and non-toxic to humans, they are ideal for use in medical applications. The healthcare sector is expanding as a result of rising life expectancy, rising population, and expanding urban wealth. Based on these considerations, the demand for noble gases is expected to rise over the forecasted period. Due to an increase in hospitalizations, the demand for noble gases has increased in the healthcare sector. The COVID-19 virus, which damages a patient's lungs, has resulted in many serious patients worldwide requiring respiratory support, increasing the demand for noble gases in the sector.
Opportunity
The increased demands for natural fossil fuels to power most industrial plants, as well as the development of nuclear fusion reactors for future renewable and environmentally friendly energy, are likely to provide opportunities for the rare gas market to grow. Hyperion's innovation and breakthrough in the development of a safe, small-scale nuclear fission reactor is contributing to the market's growth.
Restraints
High cost of manufacturing noble gases is a major impediment to the market growth. Huge expenses for shipping and high-priced investment for crude material are the reasons challenging the rare gas market growth.
This rare gas market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the rare gas market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 pandemic has increased demand for noble gases, which are widely used in the healthcare industry. To meet the demand during this period, industry manufacturers are establishing additional noble gas manufacturing facilities to increase capacity production of noble gases. However, demand from industrial and commercial end-users is expected to fall significantly in 2020 as a result of the global lockdown imposed in the majority of countries.
The rare gas market is segmented on the basis of type, functions, transportation and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Functions
Transportation
End user
The rare gas market is analysed and market size insights and trends are provided by country, type, functions, transportation and end-use as referenced above.
The countries covered in the rare gas market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Asia-Pacific (APAC) is expected to account for the largest market share due to initiatives undertaken by governments of various Asia Pacific countries to strengthen their manufacturing and electronics industries in the form of subsidies, trade promotion, and supportive policies, as well as increased foreign investments, which are expected to expand product demand over the forecast period. Because of the region's large-scale production of these gases, North America is one of the world's most important markets for noble gas. Massive investments in developing air separation techniques and production technologies in North America are expected to increase the region's demand for noble gas in the coming years.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The rare gas market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Rare Gas market.
Some of the major players operating in the rare gas market are:
SKU-
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL RARE GAS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL RARE GAS MARKET SIZE
2.3 VENDOR POSITIONING GRID
2.4 MARKETS COVERED
2.5 GEOGRAPHIC SCOPE
2.6 YEARS CONSIDERED FOR THE STUDY
2.7 RESEARCH METHODOLOGY
2.8 TECHNOLOGY LIFE LINE CURVE
2.9 MULTIVARIATE MODELLING
2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.11 DBMR MARKET POSITION GRID
2.12 MARKET APPLICATION COVERAGE GRID
2.13 DBMR MARKET CHALLENGE MATRIX
2.14 SECONDARY SOURCES
2.15 GLOBAL RARE GAS MARKET: RESEARCH SNAPSHOT
2.16 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 RAW MATERIAL COVERAGE
5.2 PRODUCTION CONSUMPTION ANALYSIS
5.3 IMPORT EXPORT SCENARIO
5.4 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS
5.5 PORTER’S FIVE FORCES
5.6 VENDOR SELECTION CRITERIA
5.7 PESTEL ANALYSIS
5.8 REGULATION COVERAGE
5.8.1 PRODUCT CODES
5.8.2 CERTIFIED STANDARDS
5.8.3 SAFETY STANDARDS
5.8.3.1. MATERIAL HANDLING & STORAGE
5.8.3.2. TRANSPORT & PRECAUTIONS
5.8.3.3. HARAD IDENTIFICATION
6 PRICE INDEX
7 PRODUCTION CAPACITY OVERVIEW
8 SUPPLY CHAIN ANALYSIS
8.1 OVERVIEW
8.2 LOGISTIC COST SCENARIO
8.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS
9 CLIMATE CHANGE SCENARIO
9.1 ENVIRONMENTAL CONCERNS
9.2 INDUSTRY RESPONSE
9.3 GOVERNMENT’S ROLE
9.4 ANALYST RECOMMENDATIONS
10 GLOBAL RARE GAS MARKET, BY PRODUCT TYPE, (2021-2030), (USD MILLION) (TONS)
(VALUE, VOLUME AND ASP FOR EACH SEGMENT WILL BE PROVIDED)
10.1 OVERVIEW
10.2 HELIUM (HE)
10.3 NEON (NE)
10.4 ARGON (AR)
10.5 KRYPTON (KR)
10.6 XENON (XE)
10.7 RADON (RN)
11 GLOBAL RARE GAS MARKET, BY FUNCTION, (2021-2030), (USD MILLION)
11.1 OVERVIEW
11.2 ILLUMINATION
11.3 INSULATION
11.4 SCANNING
11.5 ANAESTHESIA
11.6 SEMICONDUCTORS
11.7 SATELLITES
12 GLOBAL RARE GAS MARKET, BY TRANSPORTATION, (2021-2030), (USD MILLION)
12.1 OVERVIEW
12.2 CYLINDERS & LIQUID CONTAINERS
12.3 DRUM TANKS
12.4 BULK AND MICRO BULK DELIVERY
12.5 OTHERS
13 GLOBAL RARE GAS MARKET, BY END-USE, (2021-2030), (USD MILLION)
13.1 OVERVIEW
13.2 MANUFACTURING & CONSTRUCTION
13.2.1 MANUFACTURING AND CONSTRUCTION, BY PRODUCT TYPE
13.2.1.1. HELIUM (HE)
13.2.1.2. NEON (NE)
13.2.1.3. ARGON (AR)
13.2.1.4. KRYPTON (KR)
13.2.1.5. XENON (XE)
13.2.1.6. RADON (RN)
13.3 ELECTRONICS
13.3.1 ELECTRONICS, BY PRODUCT TYPE
13.3.1.1. HELIUM (HE)
13.3.1.2. NEON (NE)
13.3.1.3. ARGON (AR)
13.3.1.4. KRYPTON (KR)
13.3.1.5. XENON (XE)
13.3.1.6. RADON (RN)
13.4 AUTOMOTIVE AND TRANSPORTATION EQUIPMENT
13.4.1 AUTOMOTIVE AND TRANSPORTATION EQUIPMENT, BY PRODUCT TYPE
13.4.1.1. HELIUM (HE)
13.4.1.2. NEON (NE)
13.4.1.3. ARGON (AR)
13.4.1.4. KRYPTON (KR)
13.4.1.5. XENON (XE)
13.4.1.6. RADON (RN)
13.5 HEALTH CARE
13.5.1 HEALTHCARE, BY PRODUCT TYPE
13.5.1.1. HELIUM (HE)
13.5.1.2. NEON (NE)
13.5.1.3. ARGON (AR)
13.5.1.4. KRYPTON (KR)
13.5.1.5. XENON (XE)
13.5.1.6. RADON (RN)
13.6 OTHERS
14 GLOBAL RARE GAS MARKET, BY REGION, (2021-2030), (USD MILLION) (TONS)
14.1 GLOBAL RARE GAS MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
14.2 NORTH AMERICA
14.2.1 U.S.
14.2.2 CANADA
14.2.3 MEXICO
14.3 EUROPE
14.3.1 ERMANY
14.3.2 U.K.
14.3.3 ITALY
14.3.4 FRANCE
14.3.5 SPAIN
14.3.6 RUSSIA
14.3.7 SWITZERLAND
14.3.8 TURKEY
14.3.9 BELGIUM
14.3.10 NETHERLANDS
14.3.11 DENMARK
14.3.12 SWEDEN
14.3.13 POLAND
14.3.14 NORWAY
14.3.15 FINLAND
14.3.16 REST OF EUROPE
14.4 ASIA-PACIFIC
14.4.1 JAPAN
14.4.2 CHINA
14.4.3 SOUTH KOREA
14.4.4 INDIA
14.4.5 SINGAPORE
14.4.6 THAILAND
14.4.7 INDONESIA
14.4.8 MALAYSIA
14.4.9 PHILIPPINES
14.4.10 AUSTRALIA
14.4.11 NEW ZEALAND
14.4.12 VIETNAM
14.4.13 TAIWAN
14.4.14 REST OF ASIA-PACIFIC
14.5 SOUTH AMERICA
14.5.1 BRAZIL
14.5.2 ARGENTINA
14.5.3 REST OF SOUTH AMERICA
14.6 MIDDLE EAST AND AFRICA
14.6.1 SOUTH AFRICA
14.6.2 EGYPT
14.6.3 BAHRAIN
14.6.4 UNITED ARAB EMIRATES
14.6.5 KUWAIT
14.6.6 OMAN
14.6.7 QATAR
14.6.8 SAUDI ARABIA
14.6.9 REST OF MEA
15 GLOBAL RARE GAS MARKET, COMPANY LANDSCAPE
15.1 COMPANY SHARE ANALYSIS: GLOBAL
15.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
15.3 COMPANY SHARE ANALYSIS: EUROPE
15.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
15.5 MERGERS AND ACQUISITIONS
15.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
15.7 EXPANSIONS
15.8 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
16 SWOT AND DATA BRIDGE MARKET RESEARCH ANALYSIS
17 GLOBAL RARE GAS MARKET - COMPANY PROFILES
17.1 AIR PRODUCTS AND CHEMICALS, INC.
17.1.1 COMPANY SNAPSHOT
17.1.2 PRODUCT PORTFOLIO
17.1.3 PRODUCTION CAPACITY OVERVIEW
17.1.4 SWOT ANALYSIS
17.1.5 REVENUE ANALYSIS
17.1.6 RECENT UPDATES
17.2 LINDE PLC
17.2.1 COMPANY SNAPSHOT
17.2.2 PRODUCT PORTFOLIO
17.2.3 PRODUCTION CAPACITY OVERVIEW
17.2.4 SWOT ANALYSIS
17.2.5 REVENUE ANALYSIS
17.2.6 RECENT UPDATES
17.3 AIR LIQUIDE
17.3.1 COMPANY SNAPSHOT
17.3.2 PRODUCT PORTFOLIO
17.3.3 PRODUCTION CAPACITY OVERVIEW
17.3.4 SWOT ANALYSIS
17.3.5 REVENUE ANALYSIS
17.3.6 RECENT UPDATES
17.4 ELLENBARRIE INDUSTRIAL GASES
17.4.1 COMPANY SNAPSHOT
17.4.2 PRODUCT PORTFOLIO
17.4.3 PRODUCTION CAPACITY OVERVIEW
17.4.4 SWOT ANALYSIS
17.4.5 REVENUE ANALYSIS
17.4.6 RECENT UPDATES
17.5 PRAXAIR TECHNOLOGY, INC.
17.5.1 COMPANY SNAPSHOT
17.5.2 PRODUCT PORTFOLIO
17.5.3 PRODUCTION CAPACITY OVERVIEW
17.5.4 SWOT ANALYSIS
17.5.5 REVENUE ANALYSIS
17.5.6 RECENT UPDATES
17.6 TAIYO NIPPON SANSO CORPORATION
17.6.1 COMPANY SNAPSHOT
17.6.2 PRODUCT PORTFOLIO
17.6.3 PRODUCTION CAPACITY OVERVIEW
17.6.4 SWOT ANALYSIS
17.6.5 REVENUE ANALYSIS
17.6.6 RECENT UPDATES
17.7 AIMS INDUSTRIES PRIVATE LIMITED
17.7.1 COMPANY SNAPSHOT
17.7.2 PRODUCT PORTFOLIO
17.7.3 PRODUCTION CAPACITY OVERVIEW
17.7.4 SWOT ANALYSIS
17.7.5 REVENUE ANALYSIS
17.7.6 RECENT UPDATES
17.8 SCICALGAS
17.8.1 COMPANY SNAPSHOT
17.8.2 PRODUCT PORTFOLIO
17.8.3 PRODUCTION CAPACITY OVERVIEW
17.8.4 SWOT ANALYSIS
17.8.5 REVENUE ANALYSIS
17.8.6 RECENT UPDATES
17.9 MESSER GROUP GMBH
17.9.1 COMPANY SNAPSHOT
17.9.2 PRODUCT PORTFOLIO
17.9.3 PRODUCTION CAPACITY OVERVIEW
17.9.4 SWOT ANALYSIS
17.9.5 REVENUE ANALYSIS
17.9.6 RECENT UPDATES
17.1 SPECGAS, INC.
17.10.1 COMPANY SNAPSHOT
17.10.2 PRODUCT PORTFOLIO
17.10.3 PRODUCTION CAPACITY OVERVIEW
17.10.4 SWOT ANALYSIS
17.10.5 REVENUE ANALYSIS
17.10.6 RECENT UPDATES
17.11 INTERGAS
17.11.1 COMPANY SNAPSHOT
17.11.2 PRODUCT PORTFOLIO
17.11.3 PRODUCTION CAPACITY OVERVIEW
17.11.4 SWOT ANALYSIS
17.11.5 REVENUE ANALYSIS
17.11.6 RECENT UPDATES
17.12 CRYOIN ENGINEERING LTD.
17.12.1 COMPANY SNAPSHOT
17.12.2 PRODUCT PORTFOLIO
17.12.3 PRODUCTION CAPACITY OVERVIEW
17.12.4 SWOT ANALYSIS
17.12.5 REVENUE ANALYSIS
17.12.6 RECENT UPDATES
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
18 RELATED REPORTS
19 QUESTIONNAIRE
20 CONCLUSION
21 ABOUT DATA BRIDGE MARKET RESEARCH
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Rare Gas Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Rare Gas Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.