Neon Gas Market was valued at US$ 235.85 Mn. in 2022. Global Neon Gas Market size is expected to grow at a CAGR of 7.6 % through the forecast period.
Neon Gas Market Report Overview
The primary goal of MMR’s Neon Gas Market report is to assist organizations in making informed business decisions. This aids them in identifying areas that require improvement, recognizing those that are already performing effectively, and guiding new entrants as they navigate and establish themselves within the competitive landscape. The inclusion of the competitive landscape, complete with revenue figures for each player, equips clients with insights to formulate strategies aimed at enhancing their footprint within the Neon Gas industry.
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Neon Gas Market Report Scope and Research Methodology
The primary goal of the Neon Gas market report is to offer a comprehensive analysis presented in an accessible language. The research encompasses key companies and critical factors within the Neon Gas market, evaluated across various metrics including volume, share, growth, and strategies. This research not only assists existing players in refining their business plans but also provides strategic insights for prospective entrants.
MMR’s research is a meticulous exploration of the Neon Gas market landscape, identifying the foremost global companies based on metrics such as volume, share, strategies, and growth. The report extends strategic guidance to both established industry participants and potential newcomers aiming to enter the Neon Gas market. At a global level, the report for the Neon Gas market provides a thorough breakdown of share distribution across regions, accompanied by a detailed analysis of demand growth factors specific to each region.
Neon Gas Market Regional Insights
The report provides a detailed analysis of Neon Gas market dynamics with market size and share in each region and country:
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- South America
Neon Gas Market Segmentation
by Application
Lighting and Imaging
Cryogenics
Television Tubes & Wave Meter Tubes
Lasers
According to the Application Neon gas is widely used in important fields like holography, spectroscopy, and barcode scanning; as a result, the image and lighting industry held a 42% share of the market in 2022. Neon gas is used in gas lasers, glow lamps, plasma research, fluorescent starting tubes, electron tubes, and cryogenic refrigeration. The reddish-orange hue produced by neon lights is frequently used in advertising banners. Neon was widely employed when many gasses were used to create distinct colors of light. The Market is therefore anticipated to expand quickly.
by Type
Low purity
High purity
Ultra- high purity
In 2022, High Purity neon gas holds the largest market share based on type. The application determines the necessary levels of purity for the gases. Neon is used as the active medium or as a buffer gas in a variety of gas laser types, including excimer, helium/neon, and copper vapour lasers. Additionally, neon is used in LCD screens and, for specific uses, as a carrier gas in chromatography.
by Supply Mode
Cylinders
Bulk and micro Bulk
Drum tank
On-site
by End Use
Aerospace and Aircraft
Automotive and Transportation Equipment
Electronics
Healthcare
Medical Field
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Neon Gas Market Key Players
1. Air Liquide
2. Linde group
3. Parxair
4. Messer group
5. Iceblick
6. Air products
7. Air Water
8. Core gas
9. Wuhan Steel Group
10. INGAS
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Key questions answered in the Neon Gas Market are:
- What are the Neon Gas Market segments?
- Which Neon Gas market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Neon Gas market during the forecast period?
- Who are the top players in the Neon Gas industry?
- What is the expected Neon Gas Market size by 2029?
- What was the Neon Gas Market size in 2022?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Neon Gas market share in 2022?
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