Colombia Noble Gas Market Size & Outlook, 2023-2030
The noble gas market in Colombia is expected to reach a projected revenue of US$ 58.7 million by 2030. A compound annual growth rate of 5.7% is expected of Colombia noble gas market from 2024 to 2030.
Revenue, 2023 (US$M)
$39.9
Forecast, 2030 (US$M)
$58.7
CAGR, 2024 - 2030
5.7%
Report Coverage
Colombia
Colombia noble gas market, 2018-2030 (US$M)
Related Markets
Colombia noble gas market highlights
- The Colombia noble gas market generated a revenue of USD 39.9 million in 2023 and is expected to reach USD 58.7 million by 2030.
- The Colombia market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, helium was the largest revenue generating product in 2023.
- Argon is the most lucrative product segment registering the fastest growth during the forecast period.
Noble gas market data book summary
| Market revenue in 2023 | USD 39.9 million |
| Market revenue in 2030 | USD 58.7 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Helium |
| Fastest growing segment | Argon |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Helium, Neon, Argon, Krypton, Xenon, Other Products |
| Key market players worldwide | Air Liquide SA, Air Products & Chemicals Inc, Basf SE, Linde PLC, Nippon Sanso Holdings Corp, Northrop Grumman Corp, Iwatani Corp, Resonac Holdings Corp |
Other key industry trends
- In terms of revenue, Colombia accounted for 1.5% of the global noble gas market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil noble gas market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 89.9 million by 2030.
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Noble Gas Market Scope
Noble gas market segmentation & scope
Noble Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia noble gas market size, by product, 2018-2030 (US$M)
Colombia Noble Gas Market Outlook Share, 2023 & 2030 (US$M)
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