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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Some of the major players in the market are increasingly investing in neon recycling technology and manufacturing facilities to diversify sources:
| Company | Year Established | Headquarters | Description |
| Linde plc | 1879 | United Kingdom | A global leader in industrial gases and engineering |
| L’Air Liquide S.A. (Air Liquide) | 1902 | France | Renowned for its expertise in gases, technologies, and services for industry and health |
| Ingas LLC | 1994 | Ukraine | Specialises in the production and supply of high-purity inert gases, calibration and technical gas mixtures |
| Cryoin Engineering Ltd. | 2013 | Ukraine | A key player in the rare gases market, dedicated to the separation, purification, and liquefaction of neon, argon, and other gases |
Other key players in the global neon gas market are Messer Group GmbH and others.
Companies in the neon gas market are increasingly investing in the development of neon gas manufacturing facilities to diversify supply sources. Given the concentration of neon production in politically sensitive regions, companies are increasingly focused on exploring alternative sources. This includes establishing production facilities in regions with stable political climates and developing partnerships with local suppliers to ensure a more reliable supply of neon gas.
Neon Gas Market Report Snapshots
Neon Gas Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of USD 367.59 million.
The major drivers of the market include rising disposable incomes, increasing applications in imaging and lighting, and the growing healthcare market.
The key trends in the market are the rapid growth of the semiconductor and consumer electronics sectors and the extensive applications in the aircraft and aerospace sectors.
The major regional markets are North America, Europe, the Asia Pacific, and the rest of the world.
The significant applications of neon gas include semiconductor, LCD, imaging and lighting, and laser, among others.
The different end uses of neon gas include aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others.
Neon is a non-toxic gas owing to its chemically inert nature. It is colourless, odourless, and noncombustible. However, it can act as an asphyxiant if inhaled in large quantities.
The key players in the market are Linde plc, L’Air Liquide S.A. (Air Liquide), Ingas LLC, Cryoin Engineering Ltd., and Messer Group GmbH, among others.
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India
C130 Sector 2 Noida, Uttar Pradesh 201301
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Philippines
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+63 287899028, +63 967 048 3306
United Kingdom
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+44-753-713-2163
Vietnam
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+84865399124