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Global Krypton Gas Market: By Function: Illumination, Insulation; By Application: Lighting, Glass Windows, Laser, R & D, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Krypton Gas Market Outlook

The global krypton gas market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026.

 

Global Krypton Gas Market

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Growing Government Initiatives to Aid the Market Growth of Krypton Gas

Region-wise, Europe is significantly contributing, in terms of production, to the krypton gas industry globally. This could be attributed to the growing government initiatives and rising growth of the building and construction sector in the region, which are propelling the growth of sustainable buildings over the forecast period. Europe is followed by North America and the Asia Pacific. The Asia Pacific region is being driven by the increasing demand from the semiconductor sector, which is led by rapid technological innovations and rising demand for chips in the artificial intelligence industry in the region. Further, the krypton gas is widely used in the production of excimer laser, consequently fueling the demand for krypton gas in the forecast period.

 

Krypton Gas: Industry Definition and Segmentation

Krypton gas is a rare gas found in extremely low concentrations in air. It is produced via Linde process of air separation. Krypton gas, owing to its physical properties, accumulates with xenon which is present in the liquid oxygen at the base of the rectification column. It exhibits high insulating properties and high rate of heat dissipation on its usage in energy-efficient windows.

 

Global Krypton Gas Market By Funtion Type

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On the basis of function, the market is bifurcated into:

  • Illumination
  • Insulation

Based on application, the industry can be segmented into:

  • Lighting
  • Glass Windows
  • Laser
  • R & D
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Krypton Gas Market By Region

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Rising R&D Activities to Aid the Market Growth of Krypton Gas

The market growth for krypton gas is being driven by the growing demand for oxygen due to the rising number of patients requiring ventilators has rapidly increased in the wake of the COVID-19 outbreak. In addition, hospitals and governments across the globe are anticipating an increase in the COVID cases; therefore such institutions are building up inventories to prevent shortages in the forecast period, which is expected to propel the market growth of krypton gas. Further, the rising R&D activities to develop new technologies for the production of krypton gas globally is predicted to generate new opportunities for the krypton gas industry over the forecast period.

However, the market for krypton gas is anticipated to witness obstruction due to the rise in the adoption of LED lamps in the lighting industry which will negatively affect the market growth of incandescent lamps with krypton gas over the coming years.

 

Key Industry Players in the Global Krypton gas Market

The report gives a detailed analysis of the following key players in the global krypton gas market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Air Liquide UK Ltd
  • Linde plc
  • Air Products Inc.
  • Praxair Technology, Inc.
  • Messer Group GmbH
  • Proton Gases (India) Private Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Function, Application, Region
Breakup by Function Illumination, Insulation
Breakup by Application Lighting, Glass Windows, Laser, R & D, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Air Liquide UK Ltd, Linde plc, Air Products Inc., Praxair Technology, Inc., Messer Group GmbH, Proton Gases (India) Private Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Krypton Gas Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Krypton Gas Historical Market (2016-2020) 
    8.3    Global Krypton Gas Market Forecast (2021-2026)
    8.4    Global Krypton Gas Market by Function
        8.4.1    Illumination
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Insulation
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Krypton Gas Market by Application
        8.5.1    Lighting
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Glass Windows
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Laser
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    R & D
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Krypton Gas Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
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    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Air Liquide UK Ltd
            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    Linde plc
            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    Air Products Inc.
            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    Praxair Technology, Inc.
            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    Proton Gases (India) Private Limited
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Krypton Gas Market: Key Industry Highlights, 2016 and 2026
2.    Global Krypton Gas Historical Market: Breakup by Function (USD Billion), 2016-2020
3.    Global Krypton Gas Market Forecast: Breakup by Function (USD Billion), 2021-2026
4.    Global Krypton Gas Historical Market: Breakup by Application (USD Billion), 2016-2020
5.    Global Krypton Gas Market Forecast: Breakup by Application (USD Billion), 2021-2026
6.    Global Krypton Gas Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Krypton Gas Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Krypton Gas Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Krypton Gas Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Krypton Gas Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Krypton Gas Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Krypton Gas Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Krypton Gas Market Structure

Key Questions Answered in the Report

The global krypton gas market is being driven by the growing rare gas market, which is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the industry such as growing government initiatives, rising demand from the building and construction sector, increasing demand from the semiconductor sector, and rapid technological innovations are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the rising R&D activities to develop new technologies for the production of krypton gas.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading functions of krypton gas in the market are illumination and insulation.

The major application segments in the industry are lighting, glass windows, laser, and R&D, among others.

The major players in the industry are Air Liquide UK Ltd, Linde plc, Air Products Inc., Praxair Technology, Inc., Messer Group GmbH, and Proton Gases (India) Private Limited, among others.

Analyst Review

The global krypton gas market is being driven by the rising demand from the semiconductor sector and the growing rare gas market. Aided by the technological advancements, the rare gas market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By function, the market is divided into illumination and insulation. On the basis of application, the industry is segmented into lighting, glass windows, laser, and R&D, among others. The major regional markets for krypton gas are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Air Liquide UK Ltd, Linde plc, Air Products Inc., Praxair Technology, Inc., Messer Group GmbH, and Proton Gases (India) Private Limited, 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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