Market Research Logo

Global Xenon Gas Market - Market Research Report 2015-2019

About xenon gas

Xenon is naturally available in the atmosphere in trace amounts and is extremely expensive to produce. Xenon is commercially extracted through atmospheric air distillation while some of its compounds are sourced from certain igneous rocks and hot springs. With about eight stable isotopes and more than 40 unstable isotopes, the gas, despite the limited availability and high price, is used for certain exclusive applications some of which are listed as follows:

  • Used in high resolution IMAX screens and projector screens, where xenon arc lamps act as an excellent source of short wavelength UV radiation
  • Forms a range of chemical compounds such as xenon chloride and xenon fluoride that are widely used in excimer lasers
  • Used as an efficient alternate anesthetic to nitrous oxide; it is also used as a performance stimulant by athletes
Technavio's analysts forecast the global xenon gas market to grow at a CAGR of 6.12% over the period 2014-2019.

Covered in this report

Technavio’s report, Global Xenon Gas Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different end-user segments, demand-supply dynamics in various geographies, and distribution method. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.The report presents data on the following segments of the market:
  • End-user: aerospace and aircraft, healthcare, imaging and lightning, automotive and transportation, and other industrial uses
  • Geography: APAC, North America, MEA, Latin America, and Europe
  • Distribution method: tonnage, merchant, and packaged
Key vendors
  • Air Liquide
  • Airgas
  • Linde
  • Messer Group
  • Praxair
Other prominent vendors
  • Air Water
  • American Gas Group
  • BASF
  • Core Gas
  • Iceblick
  • Matheson Tri-gas
  • Proton Gas
Market drivers
  • Scientific research enhancing cryogenic usage of xenon
  • For a full, detailed list, view our report
Market challenges
  • Rise of LEDs and substitutable technologies
  • For a full, detailed list, view our report
Market trends
  • Growing prominence of repackaging and customized gas formulations
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the various end-uses and potential applications for the product?
  • 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 and what is the nature of competition between them?
  • What is the distribution channel structure in each geography?


Press Release

Technavio Announces the Publication of its Research Report – Global Xenon Gas Market - Market Research Report 2015-2019

Technavio recognizes the following companies as the key players in the Global Xenon Gas Market - Market Research Report: Airgas, Air Liquide, Linde, Messer, Praxair and Iceblick

Other Prominent Vendors in the market are: Air Water, American Gas, BASF, Core, Matheson, Tri-gas, and Proton Gas.

Commenting on the report, an analyst from Technavio’s team said: “Most noble gases are packaged into cylinders at pressures of up to 300 bar and are supplied to end-consumers in volume variants of 1-50 liters. These cylinders are made of high-strength steel and aluminum to withstand high pressures, avoid leakages, and ensure maximum safety. Distribution of noble gases through this route is a cost-intensive process as transportation of these heavy cylinders incurs a lot of energy in terms of fuel and packaging.”

According to the report, xenon gas is indispensable in the manufacture of helium-neon lasers that are used in barcode scanners, alignment tools, and photography transmission. These lasers are preferred due to various advantages such as cheaper cost of production, good coherence, and increased safety on account of low power output. Xenon gas lasers are also being used for precise measurements over long distances and also in holography. Growing consumer demand and rise in industrialization are driving the requirement for barcode scanners and laser-operated sensors, which in turn is contributing to the demand for xenon gas.

Further, the report states that, fluctuating energy prices and rising manpower expenses are severely affecting the profit margins of the major vendors in the market.

Companies Mentioned

Airgas, Air Liquide, Linde, Messer, Praxair, Iceblick, Air Water, American Gas, BASF, Core, Matheson, Tri-gas, Proton Gas.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Xenon gas
  • Market landscape
    • Market overview
      • Table Market overview of global xenon gas market
    • Market size and forecast by demand volume
      • Table Global xenon gas market by demand volume 2014-2019 (million liters)
      • Table Global xenon gas demand-supply 2014-2019 (million liters)
      • Table Global xenon gas market versus global LED market 2014-2019 (growth rate in %)
    • Supply volume forecast
      • Table Global xenon gas market by supply volume 2015-2019 (million liters)
    • Five forces analysis
      • Table Five forces analysis
  • End-user segmentation
    • Segmentation of global xenon gas market by end-user
      • Table Segmentation of global xenon gas market by end-user 2014
      • Table Segmentation of global xenon gas market by end-user 2019
    • Xenon gas in imaging and lighting sector
      • Table Global xenon gas market in imaging and lighting sector 2014-2019 (kiloliters)
    • Xenon gas in automotive and transportation sector
      • Table Global xenon gas market in automotive and transportation sector 2014-2019 (kiloliters)
    • Xenon gas in aviation and aerospace sector
      • Table Global xenon gas market in aviation and aerospace sector 2014-2019 (kiloliters)
    • Xenon gas in healthcare sector
      • Table Global xenon gas market in healthcare sector 2014-2019 (kiloliters)
    • Xenon gas in other industrial uses
      • Table Global xenon gas market in other industrial uses 2014-2019 (kiloliters)
  • Distribution segmentation
    • Market overview
      • Table Market segmentation by distribution mode 2014
    • Tonnage
    • Merchant
    • Packaged
      • Table Relative cost comparison for each distribution mode
  • Geographical segmentation
    • Segmentation of global xenon gas market by geography
      • Table Segmentation of global xenon gas market by geography 2014
      • Table Global xenon gas market by geography 2019
    • Xenon gas market in APAC
      • Table Xenon gas market in APAC 2014-2019 (kiloliters)
      • Table Xenon gas distribution mix in APAC 2014
    • Xenon gas market in EMEA
      • Table Xenon gas market in EMEA 2014-2019 (kiloliters)
      • Table Xenon gas distribution mix in Europe 2014
    • Xenon gas market in North America
      • Table Xenon gas market in North America 2014-2019 (kiloliters)
      • Table Xenon gas distribution mix in North America 2014
    • Xenon gas market in Latin America
      • Table Xenon gas market in Latin America 2014-2019 (kiloliters)
      • Table Xenon gas distribution mix in Latin America 2014
  • Market drivers
    • Table Global industrial growth outlook 2011-2016
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Growth chart for display technologies 2010-2015 (unit shipments)
    • Table Financial metrics of top vendors (average of top ten) 2010-2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key news and developments in the market
    • Mergers and acquisitions
    • Vendor analysis 2014
      • Table Global xenon market sourcing share analysis 2014
    • Other prominent vendors
  • Key vendor analysis
    • Airgas
      • Table The company operates through two business segments:
      • Table Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Geographical segmentation by earnings before interest and taxes (EBIT) 2015
    • Linde
      • Table Business segmentation by revenue 2014
      • Table Business segmentation by revenue 2013 and 2014
      • Table Geographical segmentation by revenue 2014
    • Messer Group
      • Table Products and solutions
      • Table Geographical segmentation by revenue 2014
    • Air Liquide
      • Table Business segmentation
      • Table Geographical segmentation gas and services by revenue 2014
    • Praxair
      • Table Business segmentation by revenue 2014
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Praxair: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report