Egypt Noble Gas Market Size & Outlook, 2023-2030
Egypt noble gas market, 2018-2030 (US$M)
Related Markets
Egypt noble gas market highlights
- The Egypt noble gas market generated a revenue of USD 17.9 million in 2023 and is expected to reach USD 22.6 million by 2030.
- The Egypt market is expected to grow at a CAGR of 3.4% 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 17.9 million |
| Market revenue in 2030 | USD 22.6 million |
| Growth rate | 3.4% (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, Egypt accounted for 0.7% 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 Middle East & Africa, UAE noble gas market is projected to lead the regional market in terms of revenue in 2030.
- Egypt is the fastest growing regional market in Middle East & Africa and is projected to reach USD 22.6 million by 2030.
Helium was the largest segment with a revenue share of 46.93% in 2023. Horizon Databook has segmented the Egypt noble gas market based on helium, neon, argon, krypton, xenon, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The noble gases market in Egypt is anticipated to witness significant growth during the forecast period owing to the expansion of the country's healthcare sector. With the growing population of Egypt, the demand for high-quality healthcare facilities and services has evolved rapidly in the country. This has increased noble gas consumption for various medical and pharmaceutical applications in Egypt.
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Noble Gas Market Scope
Noble Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Egypt noble gas market size, by product, 2018-2030 (US$M)
Egypt Noble Gas Market Outlook Share, 2023 & 2030 (US$M)
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