Neon Gas Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
21598 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
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.
In consumption market, the growth rate of global consumption is smooth relatively with the 1.65% of average growth rate. USA and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
Neon gas can be classified into three types: low-purity product, high-purity product and ultra-high purity product. High-purity product is the most widely used products. Survey results showed that 56% of the neon gas market is neon lamp, 15% is laser industry, 15% is refrigerant industry, 10% is medical field and 4% divided among other industries. With the development of economy, these industries will need more neon gas. So, neon gas has a huge market potential in the future.
The cost of electricity is the largest single operating cost incurred in air separation plants. It is usually between one third and two thirds of the operating costs associated with producing neon gas.
The Global Neon Gas Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Neon Gas Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Air Liquide
Linde Group
Parxair
Messer Group
Iceblick
Air Products
Air Water
Core Gas
Wuhan Steel Group
INGAS
Airgas
Matheson Tri-gas
Baosteel
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Low-purity Product
High-purity Product
Ultra-high Purity Product In Market segmentation by applications :
Neon Lamp
Medical Field
Refrigerant
Laser
Other Application
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Neon Gas Market for the forecast period 2023 - 2030?
• What are the driving forces in the Neon Gas Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Neon Gas industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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