Global Neon Gas Market Growth 2025-2031
Description
The global Neon Gas market size is predicted to grow from US$ 47.4 million in 2025 to US$ 61.2 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon gas is principally shipped and used in gaseous form for excimer lasers, plasma displays, light bulbs, neon signs, and R & D laboratories. Neon is obtained from liquid air and it is mainly used in lighting.
The neon market is influenced by its critical role in various high-tech and industrial applications, particularly in the electronics, lighting, and medical imaging sectors. Neon gas is essential in producing lighting solutions such as neon signs and high-voltage indicators, and it plays a key role in applications requiring inert environments. Additionally, neon is vital in the semiconductor industry, especially in the manufacturing of chips where it is used in excimer lasers for photolithography processes. The ongoing growth in demand for consumer electronics and advanced computing technologies is contributing to a steady need for neon.
Geopolitical factors and the limited number of neon production facilities globally have a significant impact on market dynamics, often causing fluctuations in supply and pricing. As neon is primarily extracted as a byproduct during the air separation process, its availability depends heavily on the output of larger industrial gas operations. This supply chain sensitivity has led manufacturers and governments to explore diversification strategies, including recycling and alternative sourcing methods. With increasing technological dependence and the push for resilient supply chains, the neon market is expected to gain strategic importance in the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Neon Gas Industry Forecast” looks at past sales and reviews total world Neon Gas sales in 2024, providing a comprehensive analysis by region and market sector of projected Neon Gas sales for 2025 through 2031. With Neon Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Neon Gas industry.
This Insight Report provides a comprehensive analysis of the global Neon Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Neon Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Neon Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neon Gas and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Neon Gas.
This report presents a comprehensive overview, market shares, and growth opportunities of Neon Gas market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low-purity Product
High-purity Product
Ultra-high Purity Product
Segmentation by Application:
Neon Lamp
Medical Field
Refrigerant
Laser
Other Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Air Liquide
Linde Group
Parxair
Messer Group
Iceblick
Air Products
Air Water
Core Gas
Wuhan Steel Group
INGAS
Airgas
Matheson Tri-gas
Baosteel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Neon Gas market?
What factors are driving Neon Gas market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Neon Gas market opportunities vary by end market size?
How does Neon Gas break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon gas is principally shipped and used in gaseous form for excimer lasers, plasma displays, light bulbs, neon signs, and R & D laboratories. Neon is obtained from liquid air and it is mainly used in lighting.
The neon market is influenced by its critical role in various high-tech and industrial applications, particularly in the electronics, lighting, and medical imaging sectors. Neon gas is essential in producing lighting solutions such as neon signs and high-voltage indicators, and it plays a key role in applications requiring inert environments. Additionally, neon is vital in the semiconductor industry, especially in the manufacturing of chips where it is used in excimer lasers for photolithography processes. The ongoing growth in demand for consumer electronics and advanced computing technologies is contributing to a steady need for neon.
Geopolitical factors and the limited number of neon production facilities globally have a significant impact on market dynamics, often causing fluctuations in supply and pricing. As neon is primarily extracted as a byproduct during the air separation process, its availability depends heavily on the output of larger industrial gas operations. This supply chain sensitivity has led manufacturers and governments to explore diversification strategies, including recycling and alternative sourcing methods. With increasing technological dependence and the push for resilient supply chains, the neon market is expected to gain strategic importance in the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Neon Gas Industry Forecast” looks at past sales and reviews total world Neon Gas sales in 2024, providing a comprehensive analysis by region and market sector of projected Neon Gas sales for 2025 through 2031. With Neon Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Neon Gas industry.
This Insight Report provides a comprehensive analysis of the global Neon Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Neon Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Neon Gas market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neon Gas and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Neon Gas.
This report presents a comprehensive overview, market shares, and growth opportunities of Neon Gas market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low-purity Product
High-purity Product
Ultra-high Purity Product
Segmentation by Application:
Neon Lamp
Medical Field
Refrigerant
Laser
Other Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Air Liquide
Linde Group
Parxair
Messer Group
Iceblick
Air Products
Air Water
Core Gas
Wuhan Steel Group
INGAS
Airgas
Matheson Tri-gas
Baosteel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Neon Gas market?
What factors are driving Neon Gas market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Neon Gas market opportunities vary by end market size?
How does Neon Gas break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
125 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Neon Gas by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Neon Gas by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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