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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 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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Neon Gas Market Analysis
8.1 Key Industry Highlights by Volume
8.2 Global Neon Gas Historical Market by Volume (2018-2023)
8.3 Global Neon Gas Market Forecast by Volume (2024-2032)
8.4 Key Industry Highlights by Value
8.5 Global Neon Gas Historical Market by Value (2018-2023)
8.6 Global Neon Gas Market Forecast by Value (2024-2032)
8.7 Global Neon Gas Market by Application
8.7.1 Semiconductor
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 LCD
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Imaging and Lighting
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Laser
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Neon Gas Market by End Use
8.8.1 Aerospace and Aircraft
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Automotive and Transportation Equipment
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Electronics
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Healthcare
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Others
8.9 Global Neon Gas Market by Region
8.9.1 North America
8.9.2 Europe
8.9.3 Asia Pacific
8.9.4 Rest of the World
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 The Netherlands
9.2.3.4 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 Korea
9.3.3.4 Taiwan
9.3.3.5 Others
9.4 Rest of the World
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Price Analysis
11.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Linde plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 L’Air Liquide S.A. (Air Liquide)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Ingas LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Cryoin Engineering Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Messer Group GmbH
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Neon Gas Market: Key Industry Highlights by Volume, 2018 and 2032
2. Global Neon Gas Market: Key Industry Highlights by Value, 2018 and 2032
3. Global Neon Gas Historical Market: Breakup by Application (USD Million), 2018-2023
4. Global Neon Gas Market Forecast: Breakup by Application (USD Million), 2024-2032
5. Global Neon Gas Historical Market: Breakup by End Use (USD Million), 2018-2023
6. Global Neon Gas Market Forecast: Breakup by End Use (USD Million), 2024-2032
7. Global Neon Gas Historical Market: Breakup by Region (USD Million), 2018-2023
8. Global Neon Gas Market Forecast: Breakup by Region (USD Million), 2024-2032
9. North America Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2023
10. North America Neon Gas Market Forecast: Breakup by Country (USD Million), 2024-2032
11. Europe Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2023
12. Europe Neon Gas Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Asia Pacific Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2023
14. Asia Pacific Neon Gas Market Forecast: Breakup by Country (USD Million), 2024-2032
15. Neon Historical Price Trends and Forecast 2018-2032
16. Global Neon Gas Market Structure
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.
The global neon gas market attained a value of USD 367.59 million in 2023. The market is expected to be driven by the growing demand for chip manufacturing in the semiconductor industry.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the global neon gas market can be segmented into semiconductor, LCD, imaging and lighting, and laser, among others. On the basis of end use, the end use the market can be divided into aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others. The major regional markets for neon gas are North America, Europe, the Asia Pacific, and the rest of the world. The key players in the above market include Linde plc, L’Air Liquide S.A. (Air Liquide), Ingas LLC, Cryoin Engineering Ltd., Messer Group GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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