Market Overview:
The global high purity neon gas (Ne) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high purity neon gas in electronics and semiconductor applications. Additionally, the growing demand for LED lighting is also contributing to the growth of this market. North America dominates the global high purity neon gas (Ne) market, followed by Europe and Asia Pacific.
 Industry Outlook.svg)
Product Definition:
A gas that is 99.998% pure, used in fluorescent lamps and other devices.
＜99.9%:
The global High Purity Neon Gas (Ne) market size was valued at USD 5.0 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing usage in lighting applications. The growing demand for energy-efficient lighting systems is anticipated to propel the industry growth over the next seven years.
Increasing concerns regarding carbon emissions from conventional sources of light are likely to drive innovation.
99.9%~99.99%:
99.9% is a very high purity neon gas which has almost the same amount of neon as compared to air and it's commercially available in two forms: liquid and dry. 99.9%~99.99%ne is used for producing laser material, plasma & arc lights, welding & cutting gases along with other industrial processes like metal extraction from ores or coal liquefaction process where there is requirement of very high purity neon gas (Ne).
Application Insights:
The electronics segment accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high purity neon gas owing to its usage as a carrier gas in various processes such as ion implantation, plasma etch, and sputtering is projected to drive the market growth over the coming years.
Ne used in semiconductor applications has two functions; it acts as an etch agent by providing clean room environment for integrated circuits (IC) chips during their production and also provides an inert atmosphere required by equipment functioning at high temperatures. The rising demand for advanced technology products coupled with increasing production of electronic devices across the globe is anticipated to propel product consumption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global high purity neon gas market in 2016. The region is expected to witness significant growth over the forecast period owing to increasing demand for electronic products and semiconductors. China, India, Japan, South Korea and Taiwan are some of the major manufacturers of electronics & electrical products as well as semiconductor devices in Asia Pacific region. These countries have a huge potential for neon production due to availability of raw materials such as neodymium and yttrium along with low labor cost compared to other developed regions such as North America or Europe.
Growth Factors:
- Increasing demand for High Purity Neon Gas (Ne) in the semiconductor and electronics industry for manufacturing of advanced electronic devices.
- Rising demand from the lighting industry for use in neon signs, tubes, and other decorative applications.
- Growing popularity of High Purity Neon Gas (Ne) as a carrier gas in chromatography and other analytical techniques.
- Increasing use of High Purity Neon Gas (Ne) as a tracer gas in leak detection systems across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Neon Gas (Ne) Market Research Report
By Type
＜99.9%, 99.9%~99.99%, 99.99%~99.999%
By Application
Electronics, Semiconductor
By Companies
Air Liquide, Linde Group, Messer Group, Iceblick, Air Products, Air Water, Core Gas, Wuhan Steel Group, INGAS, Matheson Tri-gas, Baosteel
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Neon Gas (Ne) Market Report Segments:
The global High Purity Neon Gas (Ne) market is segmented on the basis of:
Types
＜99.9%, 99.9%~99.99%, 99.99%~99.999%
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
Electronics, Semiconductor
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:
- Air Liquide
- Linde Group
- Messer Group
- Iceblick
- Air Products
- Air Water
- Core Gas
- Wuhan Steel Group
- INGAS
- Matheson Tri-gas
- Baosteel
 Market Overview.svg)
Highlights of The High Purity Neon Gas (Ne) 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:
- ＜99.9%
- 99.9%~99.99%
- 99.99%~99.999%
- By Application:
- Electronics
- Semiconductor
- 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 High Purity Neon Gas (Ne) 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
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
High purity neon gas is a type of neon that has a higher than average concentration of argon. It is used in industrial and medical applications, as well as in the manufacture of light bulbs and other electronic equipment.
Some of the major players in the high purity neon gas (ne) market are Air Liquide, Linde Group, Messer Group, Iceblick, Air Products, Air Water, Core Gas, Wuhan Steel Group, INGAS, Matheson Tri-gas, Baosteel.
The high purity neon gas (ne) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Neon Gas (Ne) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Neon Gas (Ne) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Neon Gas (Ne) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Neon Gas (Ne) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Neon Gas (Ne) Market Size & Forecast, 2020-2028
4.5.1 High Purity Neon Gas (Ne) Market Size and Y-o-Y Growth
4.5.2 High Purity Neon Gas (Ne) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ＜99.9%
5.2.2 99.9%~99.99%
5.2.3 99.99%~99.999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Semiconductor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Neon Gas (Ne) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Neon Gas (Ne) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ＜99.9%
9.6.2 99.9%~99.99%
9.6.3 99.99%~99.999%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Semiconductor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ＜99.9%
10.6.2 99.9%~99.99%
10.6.3 99.99%~99.999%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Semiconductor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ＜99.9%
11.6.2 99.9%~99.99%
11.6.3 99.99%~99.999%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Semiconductor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ＜99.9%
12.6.2 99.9%~99.99%
12.6.3 99.99%~99.999%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Semiconductor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ＜99.9%
13.6.2 99.9%~99.99%
13.6.3 99.99%~99.999%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Semiconductor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Neon Gas (Ne) Market: Competitive Dashboard
14.2 Global High Purity Neon Gas (Ne) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Liquide
14.3.2 Linde Group
14.3.3 Messer Group
14.3.4 Iceblick
14.3.5 Air Products
14.3.6 Air Water
14.3.7 Core Gas
14.3.8 Wuhan Steel Group
14.3.9 INGAS
14.3.10 Matheson Tri-gas
14.3.11 Baosteel
