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Global Rare Gases Market 2017-2021

Global Rare Gases Market 2017-2021

About Rare Gases

Rare gases are also known as noble gases. They are odorless and colorless monatomic gases with low chemical reactivity. The noble gases that occur naturally are helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and the radioactive radon (Rn). The noble gases are the members of the group 18 of the periodic table. They are typically unreactive except when under extreme conditions. The inertness of noble gases makes them suitable for several applications.

Technavio’s analysts forecast the global Rare Gases market to grow at a CAGR of 7.64% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global rare gases market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Rare Gases Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Air Liquide
  • Air Products and Chemicals
  • Messer Group
  • Praxair Technology
  • The Linde Group
Other prominent vendors
  • Advanced Specialty Gases
  • Bhuruka Gases
  • Iceblick
  • Iwatani
  • Universal Industrial Gases (UIG)
  • Matheson Tri-Gas
Market driver
  • Increasing demand for energy-efficient lighting and laser solutions
  • For a full, detailed list, view our report
Market challenge
  • Shortage of neon gas
  • For a full, detailed list, view our report
Market trend
  • Demand from lighting application in automotive industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Rare Gases Market 2017-2021

Technavio recognizes the following companies as the key players in the global rare gases market: Air Liquide, Air Products and Chemicals, Messer Group, Praxair Technology, and The Linde Group.

Other Prominent Vendors in the market are: Advanced Specialty Gases, Bhuruka Gases, Iceblick, Iwatani, Universal Industrial Gases (UIG), and Matheson Tri-Gas.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is demand from lighting application in automotive industry. Rare gases find major use in lighting applications as they emit light upon applying an electric field. These gases such as krypton, neon, and xenon are used in lighting applications such as design lights and LEDs used in vehicles. With the number of automotive vehicles increasing during the forecast period, it is expected that the application of rare gases will increase. LEDs used in automotive vehicles such as SUVs and heavy vehicles will have high demand because of low cost and the power-saving ability of these products.”

According to the report, one of the major drivers for this market is increasing demand for energy-efficient lighting and laser solutions. Rare gases are used in lighting applications as they emit light upon applying an electric field. They are used in CFLs (compact fluorescent lamps), HIDs (high-Intensity discharge lamps), and other lighting applications. Rapid advancements in technology for semiconductors have led to the emergence of LED (light emitting diode) lights, which emit light using semiconductor diodes without using any glasses.

Further, the report states that one of the major factors hindering the growth of this market is shortage of neon gas. Neon is known to emit a distinct reddish-orange glow when it is used in either high-voltage discharge tubes or low-voltage neon glow lamps or neon advertising signs. Neon is extracted by the fractional distillation of liquid air. It is generally more expensive than helium since air is its only source.

Air Liquide, Air Products and Chemicals, Messer Group, Praxair Technology, The Linde Group, Advanced Specialty Gases, Bhuruka Gases, Iceblick, Iwatani, Universal Industrial Gases (UIG), and Matheson Tri-Gas.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
      • Table Physical and chemical property of neon
      • Table Physical and chemical property of xenon
      • Table Physical and chemical property of krypton
  • Market landscape
    • Market size and forecast
      • Table Global rare gases market 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by types
    • Global rare gases market by type
      • Table Global rare gases market by type 2016
      • Table Global rare gases market by type 2021
    • Global rare gases market by neon gas
      • Table Global rare gases market by neon gas 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by neon gas 2016-2021
    • Global rare gases market by krypton gas
      • Table Global rare gases market by krypton gas 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by krypton gas 2016-2021
    • Global rare gases market by xenon gas
      • Table Global rare gases market by xenon gas 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by xenon gas 2016-2021
  • Market segmentation by end user
    • Global rare gases market by end user
      • Table Global rare gases market by end user 2016
      • Table Global rare gases market by end user 2021
    • Global rare gases market for electronics
      • Table Global rare gases market for electronics 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market for electronics 2016-2021
    • Global rare gases market for construction
      • Table Global rare gases market for construction 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market for construction 2016-2021
    • Global rare gases market for healthcare
      • Table Global rare gases market for healthcare 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market for healthcare 2016-2021
    • Global rare gases market for automobile and aerospace
      • Table Global rare gases market for automobile and aerospace 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market for automobile and aerospace 2016-2021
  • Market segmentation by transport mode
    • Global rare gases market by transport mode
      • Table Global rare gases market by transport mode 2016
      • Table Global rare gases market by transport mode 2021
    • Global rare gases market by cylinders and liquid containers
      • Table Global rare gases market by cylinders and liquid containers 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by cylinders and liquid containers 2016-2021
    • Global rare gases market by bulk and micro bulk delivery
      • Table Global rare gases market by bulk and micro bulk delivery 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by bulk and micro bulk delivery 2016-2021
    • Global rare gases market by tonnage distribution
      • Table Global rare gases market by tonnage distribution 2016 and 2021 ($ millions)
      • Table Market forecast: Global rare gases market by tonnage distribution 2016-2021
  • Geographical segmentation
    • Global rare gases market by geography
      • Table Global rare gases market by geography 2016
      • Table Global rare gases market by geography 2021
    • Rare gases market in APAC
      • Table Rare gases market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Rare gases market in APAC 2016-2021
    • Rare gases market in EMEA
      • Table Rare gases market in EMEA 2016 and 2021 ($ millions)
      • Table Market forecast: Rare gases market in EMEA 2016-2021
    • Rare gases market in Americas
      • Table Rare gases market in Americas 2016 and 2021 ($ millions)
      • Table Market forecast: Rare gases market in Americas 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers in key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges in key regions
      • Table Impact of challenges
  • Market trends
    • Demand from lighting application in automotive industry
      • Table Global automotive industry market 2016-2021 (million units)
    • Use of neon as cryogenic refrigerant
  • Vendor landscape
    • Competitive scenario
    • Mergers and acquisitions
      • Table Mergers and acquisitions
    • Key market vendors
      • Table Key vendors in global rare gases market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Air Liquide
      • Table Air Liquide: Business segmentation for gas and service by revenue 2016
      • Table Air Liquide: Business segmentation for gas and service by geography 2016
    • Air Products and Chemicals
      • Table Air Products and Chemicals: Business segmentation by revenue 2015
      • Table Air Products and Chemicals: Business segmentation by geography 2015
    • Messer Group
      • Table Messer Group: Segmentation by product groups 2015
      • Table Messer Group: Business segmentation by geography 2015
    • Praxair Technology
      • Table Praxair Technology: Segmentation by end users 2016
      • Table Praxair Technology: Business segmentation by revenue 2016
    • The Linde Group
      • Table The Linde Group: Business segmentation by revenue 2016
      • Table The Linde Group: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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