Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Noble Gas Market by Type (Argon, Helium, Krypton, Neon, Xenon), By Application (Manufacturing & Construction, Electronics, Healthcare, Automotive) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Noble Gas Market by Type (Argon, Helium, Krypton, Neon, Xenon), By Application (Manufacturing & Construction, Electronics, Healthcare, Automotive) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 282568 4200 Chemical & Material 377 166 Pages 4.9 (48)

Market Overview:

The global noble gas market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for noble gases in various applications, such as manufacturing & construction, electronics, healthcare and automotive. In addition, the growing demand for helium in various end-use industries is also contributing to the growth of this market. Based on type, argon held a major share of the global noble gas market in 2017 and is projected to grow at a CAGR of 6.8% during the forecast period from 2018 to 2030. This can be attributed to its widespread use across various applications such as manufacturing & construction, electronics and healthcare among others.

Global Noble Gas Industry Outlook

Product Definition:

A Noble gas is a chemical element in the periodic table that has a full outer shell of electrons. Noble gases are used in industries such as lighting, welding, and space exploration.


Argon is a colorless, odorless, tasteless gas that is widely used in various industries. It has the highest boiling point of any gas and also has the lowest molecular weight of any gas which makes it ideal for use in welding and heating processes. Argon also plays an important role as a shielding agent during welding operations due to its high thermal efficiency.

Noble gases are characterized by their low reactivity, low intermolecular force,.


Helium is the lightest of all gases and has a boiling point which is much higher than that of even helium dioxide (He2+). It has a molecular weight of 2.27 for every molecule in its gas form. Helium has the lowest boiling point out of all gases however, it does not condense into a liquid as stated above since its temperature remains constant at 0°C despite changing pressure and other conditions.

Application Insights:

The manufacturing & construction application segment led the global noble gas market in 2017 and is projected to witness significant growth over the forecast period. The segment is estimated to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand for high-performance gases, which are used in various applications including semiconductors, superconductors, and magnets.

Noble gases have wide applications across several industries such as electronics, healthcare, automotive & transportation and manufacturing & construction among others. They are majorly used in electronic devices as they exhibit superior properties such as low maintenance cost; no memory effect; non-toxic gas mixture; inertness towards other materials when exposed to vacuum and high thermal conductivity which makes them ideal for use in heat dissipation elements of modern day computers or refrigerators among others.

Regional Analysis:

Asia Pacific dominated the global noble gas market in 2016 and is expected to continue its dominance over the forecast period. The presence of major electronics manufacturers such as Samsung Electronics Co., Ltd.; Sony Corporation; LG Electronics Inc.; and Panasonic Corporation; among others is anticipated to drive product demand in this region. Asia Pacific was followed by North America, which accounted for a share of more than 20% in 2016 owing to increasing construction spending along with growing healthcare infrastructure investment opportunities across U.S., Canada, and Mexico are projected to augment industry growth over the next eight years.

Europe noble gas market was valued at USD X million in 2016 owing to rising applications across manufacturing facilities including pharmaceuticals, automotive component production plants, chemical processing units along with other industries requiring high-quality gases for their operations are likely contribute towards regional growth during the forecast period.

Growth Factors:

  • Increasing demand from the electronics and semiconductor industry for helium gas as a cooling agent is expected to drive the noble gas market growth.
  • Rising demand for xenon and argon in lighting, lasers, and other medical applications is also projected to fuel the market growth over the forecast period.
  • Noble gases are extensively used in manufacturing of flat panel displays, which is anticipated to create new opportunities for market players over the next few years.
  • Growing popularity of fluorescent lamps that use neon as a key component is likely to boost demand for noble gases in near future. 5) Technological advancements such as development of new extraction methods and purification techniques are estimated to provide impetus to global noble gas market growth during forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Noble Gas Market Research Report

By Type

Argon, Helium, Krypton, Neon, Xenon

By Application

Manufacturing & Construction, Electronics, Healthcare, Automotive

By Companies

Air Liquide, The Linde Group, Praxair, Air Products and Chemicals, Airgas, Messer Group, Proton Gases, Ellenbarrie Industrial Gases, Air Water, Universal Industrial Gases, Iceblick, Noble Gas Solutions, Noble Energy, Matheson Tri-Gas

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Noble Gas Market Report Segments:

The global Noble Gas market is segmented on the basis of:


Argon, Helium, Krypton, Neon, 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.


Manufacturing & Construction, Electronics, Healthcare, Automotive

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:

  1. Air Liquide
  2. The Linde Group
  3. Praxair
  4. Air Products and Chemicals
  5. Airgas
  6. Messer Group
  7. Proton Gases
  8. Ellenbarrie Industrial Gases
  9. Air Water
  10. Universal Industrial Gases
  11. Iceblick
  12. Noble Gas Solutions
  13. Noble Energy
  14. Matheson Tri-Gas

Global Noble Gas Market Overview

Highlights of The Noble Gas Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Argon
    2. Helium
    3. Krypton
    4. Neon
    5. Xenon
  1. By Application:

    1. Manufacturing & Construction
    2. Electronics
    3. Healthcare
    4. Automotive
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Noble Gas 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

Global Noble Gas Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Noble Gas 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 Noble Gas Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Noble Gas 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 Noble Gas 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 Noble Gas Market Size & Forecast, 2018-2028       4.5.1 Noble Gas Market Size and Y-o-Y Growth       4.5.2 Noble Gas Market Absolute $ Opportunity

Chapter 5 Global Noble Gas 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 Noble Gas Market Size Forecast by Type
      5.2.1 Argon
      5.2.2 Helium
      5.2.3 Krypton
      5.2.4 Neon
      5.2.5 Xenon
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Noble Gas 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 Noble Gas Market Size Forecast by Applications
      6.2.1 Manufacturing & Construction
      6.2.2 Electronics
      6.2.3 Healthcare
      6.2.4 Automotive
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Noble Gas 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 Noble Gas 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 Noble Gas Analysis and Forecast
   9.1 Introduction
   9.2 North America Noble Gas 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 Noble Gas Market Size Forecast by Type
      9.6.1 Argon
      9.6.2 Helium
      9.6.3 Krypton
      9.6.4 Neon
      9.6.5 Xenon
   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 Noble Gas Market Size Forecast by Applications
      9.10.1 Manufacturing & Construction
      9.10.2 Electronics
      9.10.3 Healthcare
      9.10.4 Automotive
   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 Noble Gas Analysis and Forecast
   10.1 Introduction
   10.2 Europe Noble Gas 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 Noble Gas Market Size Forecast by Type
      10.6.1 Argon
      10.6.2 Helium
      10.6.3 Krypton
      10.6.4 Neon
      10.6.5 Xenon
   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 Noble Gas Market Size Forecast by Applications
      10.10.1 Manufacturing & Construction
      10.10.2 Electronics
      10.10.3 Healthcare
      10.10.4 Automotive
   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 Noble Gas Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Noble Gas 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 Noble Gas Market Size Forecast by Type
      11.6.1 Argon
      11.6.2 Helium
      11.6.3 Krypton
      11.6.4 Neon
      11.6.5 Xenon
   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 Noble Gas Market Size Forecast by Applications
      11.10.1 Manufacturing & Construction
      11.10.2 Electronics
      11.10.3 Healthcare
      11.10.4 Automotive
   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 Noble Gas Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Noble Gas 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 Noble Gas Market Size Forecast by Type
      12.6.1 Argon
      12.6.2 Helium
      12.6.3 Krypton
      12.6.4 Neon
      12.6.5 Xenon
   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 Noble Gas Market Size Forecast by Applications
      12.10.1 Manufacturing & Construction
      12.10.2 Electronics
      12.10.3 Healthcare
      12.10.4 Automotive
   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) Noble Gas Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Noble Gas 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) Noble Gas Market Size Forecast by Type
      13.6.1 Argon
      13.6.2 Helium
      13.6.3 Krypton
      13.6.4 Neon
      13.6.5 Xenon
   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) Noble Gas Market Size Forecast by Applications
      13.10.1 Manufacturing & Construction
      13.10.2 Electronics
      13.10.3 Healthcare
      13.10.4 Automotive
   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 Noble Gas Market: Competitive Dashboard
   14.2 Global Noble Gas Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Air Liquide
      14.3.2 The Linde Group
      14.3.3 Praxair
      14.3.4 Air Products and Chemicals
      14.3.5 Airgas
      14.3.6 Messer Group
      14.3.7 Proton Gases
      14.3.8 Ellenbarrie Industrial Gases
      14.3.9 Air Water
      14.3.10 Universal Industrial Gases
      14.3.11 Iceblick
      14.3.12 Noble Gas Solutions
      14.3.13 Noble Energy
      14.3.14 Matheson Tri-Gas

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