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Global Neon Gas Market: By Application: Semiconductor, LCD, Imaging and Lighting, Refrigerator, Laser; By End Use: Aerospace and Aircraft, Automotive and Transportation Equipment, Electronics, Healthcare; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Neon Gas Market Outlook

The global neon gas market is expected to witness a steady growth in the forecast period of 2021-2026, growing at a CAGR of 4%.

 

Global Neon Gas Market

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Global Market for Neon Gas to be Driven by the Increasing Consumption in Imaging and Lighting Applications

Neon is known for its characteristic ability to produce light and vibrant colours in an electric field. Hence, it finds several applications in the imaging and lighting industry. Besides advertising signs and boards, neon gas is also used in the making of fog lights due to the ability of neon to produce highly-penetrative lasers. Thus, neon gas is seeing increasing consumption in countries with colder climates. Neon further has the property to obtain a wide variety of colours via mixture with other gases, hence making it an extremely versatile material in the imaging and lighting industry.

The neon gas industry is seeing rapid growth especially in the Asia Pacific due to its use in the making of semiconductors and consumer electronics. Its applications in the automotive, transport, aerospace, and aircraft industries are driving its consumption in North America and Europe.

 

Neon Gas: Industry Definition and Segmentation

Neon is a chemical element that comes under a group known as ‘noble gases’. These are a group of inert gases which are very stable in nature. Neon is a colourless, odourless gas and is found in trace amounts in the atmosphere. It exhibits a distinct orange-red glow when placed in an electric field.

 

Global Neon Gas Market By Type

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The major applications of neon gas are:

  • Semiconductor
  • LCD
  • Imaging and Lighting
  • Refrigerator
  • Laser
  • Others

The market can be broadly categorised on the basis of its end-use segments into:

  • Aerospace and Aircraft
  • Automotive and Transportation Equipment
  • Electronics
  • Healthcare
  • Others

The EMR report looks into the regional markets of neon gas like North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.

 

Global Neon Gas Market By Region

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Growth in Semiconductors and Consumer Electronics Sectors to Drive Demand for Neon Gas

Neon gas is used in the making of LCD displays that have numerous uses in various consumer electronics products. Besides this, it has extensive uses in the making of semiconductors which are integral to the functioning of any electronic product. Hence, the rapid growth of the consumer electronics sector is expected to drive the growth of the neon gas industry, especially in the Asia Pacific.

Neon gas also has multiple uses in the aerospace and aircraft sectors. It is used as an aircraft beacon due to its far-reaching lighting properties and finds applications as a coolant for various equipment in the aircraft industry. This is expected to further contribute to the industry growth in the coming years.

 

Key Industry Players in the Global Neon Gas Market

The report presents a detailed analysis of the following key players in the global neon gas market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Linde PLC 
  • Airgas, Inc.
  • Praxair Technology, Inc.
  • Air Liquide
  • Messer Group GmbH
  • Praxair Technology, Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*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 Neon Gas Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Neon Gas Historical Market (2016-2020) 
    8.3    Global Neon Gas Market Forecast (2021-2026)
    8.4    Global Neon Gas Market by Application
        8.4.1    Semiconductor
            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    LCD
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Imaging and Lighting
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Refrigerator
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Laser
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Others
    8.5    Global Neon Gas Market by End Use
        8.5.1    Aerospace and Aircraft
            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    Automotive and Transportation Equipment
            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    Electronics
            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    Healthcare
            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 Neon 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    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Linde PLC
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Airgas, Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Praxair Technology, Inc.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Air Liquide 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Messer Group GmbH
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Praxair Technology, Inc.
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments


List of Figures and Tables

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

Key Questions Answered in the Report

The neon gas market is expected to grow at a CAGR of 4% between 2021 and 2026.

The major drivers of the industry, such as rising disposable incomes, increasing applications in imaging and lighting, rapid urbanisation, growing healthcare industry, and extensive use in aircraft and aerospace industries are expected to aid the market growth.

The key trend in the industry is the rapid growth of the semiconductor and consumer electronics sectors, which are the significant end use segments of neon gas. This growth is especially prominent in the Asia Pacific region.

The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.

The significant applications of the product include semiconductor, LCD, imaging and lighting, refrigerator, and laser, among others.

The chief end use segments of the product are aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others.

The key players of the market are Linde PLC, Airgas, Inc., Praxair Technology, Inc., Air Liquide, Messer Group GmbH, and Praxair Technology, Inc., among others.

Analyst Review

The global neon gas market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the global neon gas market can be segmented into semiconductor, LCD, imaging and lighting, refrigerator, and laser, among others. On the basis of end use, the industry can be divided into aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others. The major regional markets for neon gas are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Linde PLC, Airgas, Inc., Praxair Technology, Inc., Air Liquide, Messer Group GmbH, Praxair Technology, Inc., and 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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