Noble Gas Market Size, Share & Trends Analysis Report By Product (Helium, Neon, Argon, Krypton, Xenon), By Application (Healthcare, Electronics, Aerospace, Construction), By Distribution, By Region, And Segment Forecasts, 2023 - 2030
- Report ID: GVR-4-68038-969-2
- Number of Report Pages: 200
- Format: PDF, Horizon Databook
- Historical Range: 2018 - 2021
- Forecast Period: 2023 - 2030
- Industry: Bulk Chemicals
Market Segmentation
- Noble Gas Product Outlook (Revenue, USD Million, 2018 - 2030)
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Noble Gas Application Outlook (Revenue, USD Million, 2018 - 2030)
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Noble Gas Distribution Outlook (Revenue, USD Million, 2018 - 2030)
- Bulk
- Cylinder
- Others
- Noble Gas Regional Outlook (Revenue, USD Million, 2019 - 2030)
- North America
- North America Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- North America Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- North America Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- U.S.
- U.S. Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- U.S. Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- U.S. Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- U.S. Noble Gas Market, By Product
- Canada
- Canada Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Canada Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Canada Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Canada Noble Gas Market, By Product
- Mexico
- Mexico Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Mexico Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Mexico Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Mexico Noble Gas Market, By Product
- North America Noble Gas Market, By Product
- Europe
- Europe Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Europe Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Europe Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Germany
- Germany Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Germany Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Germany Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Germany Noble Gas Market, By Product
- Russia
- Russia Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Russia Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Russia Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Russia Noble Gas Market, By Product
- Italy
- Italy Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Italy Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Italy Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Spain
- Spain Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Spain Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Spain Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Spain Noble Gas Market, By Product
- France
- France Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- France Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- France Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- France Noble Gas Market, By Product
- Europe Noble Gas Market, By Product
- Asia Pacific
- Asia Pacific Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Asia Pacific Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Asia Pacific Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- China
- China Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- China Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- China Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- China Noble Gas Market, By Product
- India
- India Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- India Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- India Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- India Noble Gas Market, By Product
- Japan
- Japan Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Japan Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Japan Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Japan Noble Gas Market, By Product
- South Korea
- South Korea Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- South Korea Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- South Korea Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- South Korea Noble Gas Market, By Product
- Australia
- Australia Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Australia Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Australia Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Australia Noble Gas Market, By Product
- Asia Pacific Noble Gas Market, By Product
- Central & South America
- Central & South America Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Central & South America Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Central & South America Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Brazil
- Brazil Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Brazil Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Brazil Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Brazil Noble Gas Market, By Product
- Colombia
- Colombia Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Colombia Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Colombia Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- Colombia Noble Gas Market, By Product
- Central & South America Noble Gas Market, By Product
- Middle East and Africa
- Middle East and Africa Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Middle East and Africa Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Middle East and Africa Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- South Africa
- South Africa Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- South Africa Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- South Africa Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- South Africa Noble Gas Market, By Product
- U.A.E
- U.A.E Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- U.A.E Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- U.A.E Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Others
- U.A.E Noble Gas Market, By Product
- Egypt
- Egypt Noble Gas Market, By Product
- Helium
- Neon
- Argon
- Krypton
- Xenon
- Others
- Egypt Noble Gas Market, By Application
- Healthcare
- Electronics
- Aerospace
- Construction
- Energy & Power
- Others
- Egypt Noble Gas Market, By Distribution
- Bulk
- Cylinder
- Egypt Noble Gas Market, By Product
- Middle East and Africa Noble Gas Market, By Product
- North America
Noble Gas Market Dynamics
Driver: Increasing adoption in the healthcare industry
Increasing government expenditure in different countries for the utilization of advanced medical technologies is accelerating the applicability rate of noble gases in various medical devices, such as nuclear magnetic resonance imaging, magnetic resonance imaging, and ophthalmology. Noble gases are used in the manufacturing of drugs administered by inhalation. These gases are suitable for healthcare applications, as they are non-reactive and non-toxic to humans. The healthcare sector is growing on account of the rising population and increasing healthcare awareness among people, which is driving the demand for noble gases globally. The healthcare industry consumes substantial amounts of noble gases in analytical & imaging equipment, diagnostics, home & institutional respiratory therapies, instrument & equipment sterilization, dental & general surgical anesthesia, and imaging contrasts, among other applications. Continuous research in new applications has enhanced the demand for noble gases in the healthcare industry.
Driver: Rising end-use industry growth
Advancements in technology and manufacturing capabilities are expected to increase the application scope of noble gases, such as in semiconductor production, in the industrial sector in the coming years. Manufacturing industries are using different types of noble gases, which include custom-blended mixtures of gases, based on the preferences and requirements of the end user. Government initiatives across the world such as offering subsidies, increasing foreign direct investments, trade promotions, and supportive policies, are taken to strengthen the manufacturing industry. For instance, the Make in India initiative in India, Belt and Road initiative in China, and the Buy American Hire American initiative in the U.S. are expected to generate massive opportunities and create a supportive environment for manufacturing industries in the coming years.
Restraint: Declining use of noble gas in lighting
Noble gases, such as neon, krypton, and argon, are used in lighting, as they are non-reactive and non-flammable. Noble gases are used as a filler material in lighting, due to their non-reactive nature. Noble gases being non-reactive at high temperatures reduces the threat of explosion. Tungsten bulbs or filament lamps heat a quartz tube containing tungsten filament to generate light. The tube can heat up to about 2800–3300 K and ignite surrounding elements. Argon is used as a filler material to prevent rapid heating, as it does not react at high temperatures. Compact fluorescent lamps, or CFLs, work by heating argon and mercury together, which creates light. Neon lights also work on a similar principle and generate various light colors. The need for noble gases has reduced, as lighting technology has advanced. LED lights have seen widespread adoption, as they do not generate heat while illumination and, hence, do not require noble gases as a filler material. LED lights are more energy-friendly and safer than their alternatives, hence, they are witnessing high market adoption. This factor is expected to restrain the market over the forecast period.
What Does This Report Include?
This section will provide insights into the contents included in this noble gas market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Noble gas market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Noble gas market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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