Under normal conditions, noble gas is a chemically inert gas that finds use in a variety of industries including healthcare, aerospace, construction, energy & power, and electronics because it is non-combustible, noncorrosive, nontoxic, colourless, and odourless, and has the lowest boiling point, it is useful in cryogenic applications such as welding, insulation, lighting, and refrigeration.

Data Bridge Market Research analyses that the rare gas market was valued at USD 684.68 million in 2021 and is expected to reach the value of USD 1295.73 million by 2029, at a CAGR of 8.30% during the forecast period of 2022 to 2029.

Market Definition

Inert gases such as helium, neon, krypton, and xenon are classified as rare gases. These elements are abundant in the Earth's atmosphere, but due to their electron configuration, they are mostly inactive under normal conditions. Rare gases are non-metallic in nature, colourless or light blue in appearance, and have a very low reactivity to other atoms/molecules under normal conditions.

Get sample Copy of the Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-rare-gas-market

Opportunity

The increased demands for natural fossil fuels to power most industrial plants, as well as the development of nuclear fusion reactors for future renewable and environmentally friendly energy, are likely to provide opportunities for the rare gas market to grow. Hyperion's innovation and breakthrough in the development of a safe, small-scale nuclear fission reactor is contributing to the market's growth.

Some of the major players operating in the rare gas market are:

  • Air Products Inc., (U.S)
  • Linde Plc (Germany)
  • Air Liquide (France)
  • Ellenbarrie Industrial Gases (India)
  • Praxair Technology, Inc., (U.S)
  • TAIYO NIPPON SANSO CORPORATION, (Japan)
  • AIMS INDUSTRIES PRIVATE LIMITED (India)
  • scicalgas (U.S)
  • SOL Group (Italy)
  • Atlas Copco AB (Sweden)
  • Zaburitz Pearl Energy Co., Ltd., (Myanmar)
  • Rotarex (Luxembourg)
  • Messer Group GmbH (Germany)
  • Amico Group, (UAE)
  • GCE Group (Sweden)
 

Global Rare Gas Market Scope

The rare gas market is segmented on the basis of type, functions, transportation and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Neon
  • Krypton
  • Xenon

Functions

  • Illumination
  • Insulation
  • Scanning
  • Anaesthesia
  • Semiconductors
  • Satellites

Transportation

  • Cylinders & Liquid Containers
  • Tonnage Distribution
  • Bulk and Micro Bulk Delivery

End user

  • Manufacturing & Construction
  • Electronics
  • Automotive and Transportation Equipment
  • Health Care

Rare Gas Market Regional Analysis/Insights

The rare gas market is analysed and market size insights and trends are provided by country, type, functions, transportation and end-use as referenced above.

The countries covered in the rare gas market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.

Asia-Pacific (APAC) is expected to account for the largest market share due to initiatives undertaken by governments of various Asia Pacific countries to strengthen their manufacturing and electronics industries in the form of subsidies, trade promotion, and supportive policies, as well as increased foreign investments, which are expected to expand product demand over the forecast period. Because of the region's large-scale production of these gases, North America is one of the world's most important markets for noble gas. Massive investments in developing air separation techniques and production technologies in North America are expected to increase the region's demand for noble gas in the coming years.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

 

Major TOC of the Rare Gas Market Report
• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Integrated Passive Device Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS

Get Full TOC(Table of the Contents ) Here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-rare-gas-market

Explore More Related Reports@

https://www.databridgemarketresearch.com/reports/global-poultry-intestinal-health-market

https://www.databridgemarketresearch.com/reports/global-barium-market

https://www.databridgemarketresearch.com/reports/global-hot-dip-galvanized-steel-products-market

https://www.databridgemarketresearch.com/reports/global-oleic-acid-market

https://www.databridgemarketresearch.com/reports/global-coco-coir-market

https://www.databridgemarketresearch.com/reports/global-turf-grass-and-turf-solution-market

https://www.databridgemarketresearch.com/reports/global-powder-coatings-equipment-market

https://www.databridgemarketresearch.com/reports/global-seedless-watermelon-seed-market

https://www.databridgemarketresearch.com/reports/global-corn-hybrids-seeds-market

https://www.databridgemarketresearch.com/reports/global-benzalkonium-chloride-market

https://www.databridgemarketresearch.com/reports/global-investment-casting-market

 

https://www.databridgemarketresearch.com/reports/global-pitch-based-carbon-fiber-market

About Data Bridge Market Research (DBMR):

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

 

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.

Contact Us

US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com