France Noble Gas Market Size & Outlook, 2023-2030
France noble gas market, 2018-2030 (US$M)
Related Markets
France noble gas market highlights
- The France noble gas market generated a revenue of USD 100.5 million in 2023 and is expected to reach USD 144.0 million by 2030.
- The France market is expected to grow at a CAGR of 5.3% 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 100.5 million |
| Market revenue in 2030 | USD 144.0 million |
| Growth rate | 5.3% (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, France accounted for 3.7% 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 Europe, Russia noble gas market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 197.5 million by 2030.
Helium was the largest segment with a revenue share of 44.98% in 2023. Horizon Databook has segmented the France 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 growth of the noble gas market in France can be attributed to the presence of major noble gas end use industries such as aerospace, healthcare, and energy. Technological advancements in the medical industry and supportive government investments contribute to the production of noble gas in France. The rising usage of noble gas in nuclear energy projects in the country is also fueling the growth of the market in France.
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Noble Gas Market Scope
Noble Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
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France noble gas market size, by product, 2018-2030 (US$M)
France Noble Gas Market Outlook Share, 2023 & 2030 (US$M)
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