Global Rare Gases Market Overview:
Rare Gases are also known as noble gas is an odorless, inflammable and colorless monatomic gases with low chemical reactivity. The noble gas are inert in nature and does not react with heat or any other element. This allows demand to rise in application where oxidation or other reaction are undesirable. The demand for rare gases is expected to rise in the forecasted period owing to energy efficient solution and growing demand in health care and automobile industries. The tremendous boost accounting rise in application for niche market such as laser technologies,window insulations electronics, energy-efficient lighting industry and semiconductors industry is propelling the market for noble gases. Some of the players profiled in the study are Praxair Inc. (United States), Airgas Inc. (United States), Iwatani Corporation (Japan), The Linde Group (Germany), Air Liquide S.A. (France), Air Products and Chemicals Inc. (United States), Messer Group (Germany), Iceblick Ltd. (Ukraine), Matheson Tri Gas Inc. (United States), Advanced Specialist Gases Inc. (United States), Ellenbarrie Industrial Gases Ltd. (India) and Noble Gas Solution (United States).
On the basis of geography, the market of Rare Gases has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Electronics will boost the Rare Gases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Transportation, the sub-segment i.e. Cylinders & liquid containers will boost the Rare Gases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rise in Demand For Laser Solutions and Energy Efficient Lightning
- Rise in Health Consciousness Coupled With Purchasing Power
- High Government Mandate Rules and Regulation
- Demand From Lighting Application in Automotive Industry
- High Cost for Transportations
- Shortage Of Rare Gases
- The Growth in Construction, Lighting and Laser Applications
- Proliferation in New Technologies
- High Demand In Automotive and Health Care Industry
- Intricate Manufacturing Process
- Shortage of Neon Gas
In October 2018, Praxair and Linde complete its merger creating the single biggest player in the global industrial gases business.
Target Audience:Rare Gases Producers, Rare Gases Importers and Exporters, Rare Gases Traders, Distributors and Suppliers, Market Research and Consulting Firms, Commercial R&D Institutions, Associations and Industry Bodies, Government and Regulatory Bodies and End Users
Major Objectives Focused through this Study To define, describe, and forecast the Global Rare Gases market on the basis of product [Xenon, Neon and Krypton] , application [Illumination, Insulation and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Rare Gases market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Rare Gases industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are The Linde Group (Germany), PGNiG (Poland), Nanjing Special Gas (China), RasGas (Quatar), Exxon (United States) and Gazprom (Russia).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Rare Gases market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.