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About neon gas
Neon, a noble gas, is a chemical element that is found to exhibit chemical inertness on account of its unique atomic structure. This highly unreactive gas has a wide range of usage in non-reactive applications. Neon, although abundant in the universe, is sparse in earth’s atmosphere and is often produced through fractional distillation of liquefied air. The gas has superior refrigerating capacity than helium and is a preferred refrigerant in certain applications. Neon in mixture with other gases is widely used in lighting and imaging applications. For instance, helium-neon lasers that are indispensable in various industrial and imaging applications use a mixture of helium and neon in the ratio 10:1.
Technavio's analysts forecast the global neon gas market to grow at a CAGR of 4.99% by revenue and 9.98% by volume over the period 2014-2019.
Covered in this report
Technavio’s report, Global Neon Gas Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different application segments, demand-supply dynamics in various geographies, and distribution method. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The eport further includes a discussion of the key vendors operating in this market.
The report presents data on the following segments of the market:
• Application: imaging and lighting, cryogenics, industrial application, and electronics
• Geography: APAC, North America, and Latin America
• Distribution method: tonnage, merchant, and packaged
Key vendors
• Air Liquide
• Airgas
• Linde
• Messer Group
• Praxair
Other prominent vendors
• Air products
• Air water
• American gas group
• BASF
• Core gas
• Gazprom
• Matheson Tri-gas
• Proton gas
Market drivers
• Perennial demand from lighting and imaging applications
• For a full, detailed list, view our report
Market challenges
• Production deficits and price volatility
• For a full, detailed list, view our report
Market trends
• Growing prominence of repackaging and customized gas formulations
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the various end-uses and potential applications for the product?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space and what is the nature of competition between them?
• What are the market opportunities and threats faced by the key vendors?
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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