Market Overview:
The global electronic grade noble gases market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electronic grade noble gases in various applications such as electronic photovoltaic, semiconductor lithography, and fluorescent light bulbs. In addition, the growing demand for these gases in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, volatility in prices of raw materials used for manufacturing these gases may restrain the growth of this market during the forecast period.
Product Definition:
Noble gases are a group of elements that make up the periodic table's seventh column. They are known for their stability and lack of reactivity. Electronic grade noble gases have been purified to such an extent that they contain no other elements or compounds. This makes them ideal for use in electronic devices and other sensitive equipment.
Argon:
Argon is a colorless, tasteless, odorless gas. It has a boiling point of -infinity and a freezing point of 14.7 degrees Celsius. Argon is used in various applications such as argon plasma (plasma generated from liquid argon), laser pumping (laser beam induced into the liquid), inert gas filling (inert gases are used to fill the space within an object) and cryogenic storage tanks for extremely low temperatures (-150°C).
Neon:
Neon is a chemical element produced by the process ofoccurrence of sodium vapor at a normal temperature and pressure. It consists of a triple bond between the nuclei of carbon and the nitrogen atom. The Neonatal form has two common forms, namely neon gas and neon light, which are used in various applications including medical lighting equipment, signboards or traffic lights, etc.
Application Insights:
The market is segmented by application into electronic photovoltaic, semiconductor lithography, fluorescent light bulbs and others. The electronic photovoltaic application segment dominated the global market in terms of revenue in 2017. The growth can be attributed to rising demand for clean energy and rapid deployment of solar power plants across the globe.
Noble gases are used as a medium for low-temperature vacuum insulation in high-voltage electrical equipment such as transformers and switchgear because they have a lower thermal conductivity than other materials used for the same purpose. This factor is expected to drive their demand from various industries including power generation, oil & gas and medical over the forecast period due to increasing need for efficient equipment operation at low temperatures coupled with high voltage applications that require inert gases without any leaks or defects during transportation or installation procedures.
Regional Analysis:
Asia Pacific dominated the global electronic grade noble gases market in 2017 and is expected to continue its dominance over the forecast period. The presence of major electronics manufacturing countries such as China, Japan, South Korea, India and Taiwan has resulted in high demand for noble gas manufacturing equipment. Asia Pacific is also anticipated to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 owing to increasing demand from various end-use industries such as medical & healthcare (xenon), electronic (neon) and photovoltaic (krypton).
Europe was another significant regional segment accounting for more than 25% share in 2017 owing to rising neon production coupled with growing semiconductor lithography industry across Germany, U.K., France and other European countries.
Growth Factors:
- Increasing demand for electronic grade noble gases in semiconductor and flat panel display industries
- Rising demand for helium in medical and industrial applications
- Growing popularity of plasma technology in various end-use industries
- Proliferation of new gas separation technologies
- Stringent environmental regulations governing the use of traditional refrigerants
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Grade Noble Gases Market Research Report
By Type
Argon, Neon, Helium Gas, Krypton, Xenon
By Application
Electronic Photovoltaic, Semiconductor Lithography, Fluorescent Light Bulbs
By Companies
Linde Group, Air Liquide, Praxair, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Grade Noble Gases Market Report Segments:
The global Electronic Grade Noble Gases market is segmented on the basis of:
Types
Argon, Neon, Helium Gas, Krypton, Xenon
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Photovoltaic, Semiconductor Lithography, Fluorescent Light Bulbs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde Group
- Air Liquide
- Praxair
- Air Products and Chemicals
- Taiyo Nippon Sanso
- Air Water
- Messer
Highlights of The Electronic Grade Noble Gases Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Argon
- Neon
- Helium Gas
- Krypton
- Xenon
- By Application:
- Electronic Photovoltaic
- Semiconductor Lithography
- Fluorescent Light Bulbs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Grade Noble Gases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic grade noble gases are those that have been specifically manufactured to meet or exceed the performance and purity requirements of industrial and scientific applications.
Some of the key players operating in the electronic grade noble gases market are Linde Group, Air Liquide, Praxair, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer.
The electronic grade noble gases market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Grade Noble Gases Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Grade Noble Gases Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Grade Noble Gases Market - Supply Chain
4.5. Global Electronic Grade Noble Gases Market Forecast
4.5.1. Electronic Grade Noble Gases Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Grade Noble Gases Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Grade Noble Gases Market Absolute $ Opportunity
5. Global Electronic Grade Noble Gases Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Grade Noble Gases Market Size and Volume Forecast by Type
5.3.1. Argon
5.3.2. Neon
5.3.3. Helium Gas
5.3.4. Krypton
5.3.5. Xenon
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Grade Noble Gases Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Grade Noble Gases Market Size and Volume Forecast by Application
6.3.1. Electronic Photovoltaic
6.3.2. Semiconductor Lithography
6.3.3. Fluorescent Light Bulbs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Grade Noble Gases Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Grade Noble Gases Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Grade Noble Gases Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Grade Noble Gases Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Grade Noble Gases Demand Share Forecast, 2019-2026
9. North America Electronic Grade Noble Gases Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Grade Noble Gases Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Grade Noble Gases Market Size and Volume Forecast by Application
9.4.1. Electronic Photovoltaic
9.4.2. Semiconductor Lithography
9.4.3. Fluorescent Light Bulbs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Grade Noble Gases Market Size and Volume Forecast by Type
9.7.1. Argon
9.7.2. Neon
9.7.3. Helium Gas
9.7.4. Krypton
9.7.5. Xenon
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Grade Noble Gases Demand Share Forecast, 2019-2026
10. Latin America Electronic Grade Noble Gases Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Grade Noble Gases Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Grade Noble Gases Market Size and Volume Forecast by Application
10.4.1. Electronic Photovoltaic
10.4.2. Semiconductor Lithography
10.4.3. Fluorescent Light Bulbs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Grade Noble Gases Market Size and Volume Forecast by Type
10.7.1. Argon
10.7.2. Neon
10.7.3. Helium Gas
10.7.4. Krypton
10.7.5. Xenon
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Grade Noble Gases Demand Share Forecast, 2019-2026
11. Europe Electronic Grade Noble Gases Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Grade Noble Gases Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Grade Noble Gases Market Size and Volume Forecast by Application
11.4.1. Electronic Photovoltaic
11.4.2. Semiconductor Lithography
11.4.3. Fluorescent Light Bulbs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Grade Noble Gases Market Size and Volume Forecast by Type
11.7.1. Argon
11.7.2. Neon
11.7.3. Helium Gas
11.7.4. Krypton
11.7.5. Xenon
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Grade Noble Gases Demand Share, 2019-2026
12. Asia Pacific Electronic Grade Noble Gases Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Grade Noble Gases Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Grade Noble Gases Market Size and Volume Forecast by Application
12.4.1. Electronic Photovoltaic
12.4.2. Semiconductor Lithography
12.4.3. Fluorescent Light Bulbs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Grade Noble Gases Market Size and Volume Forecast by Type
12.7.1. Argon
12.7.2. Neon
12.7.3. Helium Gas
12.7.4. Krypton
12.7.5. Xenon
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Grade Noble Gases Demand Share, 2019-2026
13. Middle East & Africa Electronic Grade Noble Gases Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Grade Noble Gases Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Grade Noble Gases Market Size and Volume Forecast by Application
13.4.1. Electronic Photovoltaic
13.4.2. Semiconductor Lithography
13.4.3. Fluorescent Light Bulbs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Grade Noble Gases Market Size and Volume Forecast by Type
13.7.1. Argon
13.7.2. Neon
13.7.3. Helium Gas
13.7.4. Krypton
13.7.5. Xenon
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Grade Noble Gases Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Grade Noble Gases Market: Market Share Analysis
14.2. Electronic Grade Noble Gases Distributors and Customers
14.3. Electronic Grade Noble Gases Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Linde Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Air Liquide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Praxair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Air Products and Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Taiyo Nippon Sanso
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air Water
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Messer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook