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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 (2017-2027); 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 2022-2027.
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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: Market 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.
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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.
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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 market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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, 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 strive 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 (2017-2021)
8.3 Global Krypton Gas Market Forecast (2022-2027)
8.4 Global Krypton Gas Market by Function
8.4.1 Illumination
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Insulation
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Krypton Gas Market by Application
8.5.1 Lighting
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Glass Windows
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Laser
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 R & D
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
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 (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 Key Indicators for Demand
10.4 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 Key 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), 2017-2021
3. Global Krypton Gas Market Forecast: Breakup by Function (USD Billion), 2022-2027
4. Global Krypton Gas Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Krypton Gas Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Krypton Gas Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Krypton Gas Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Krypton Gas Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Krypton Gas Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Krypton Gas Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Krypton Gas Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Krypton Gas Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Krypton Gas Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2022-2027, 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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