Rare Gases Market by End-user, Type, Transport Mode, and Geography - Forecast and Analysis 2020-2024

Published: Jul 2020 Pages: 120 SKU: IRTNTR44487

The rare gases market size has the potential to grow by USD 120.36 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (electronics, construction, healthcare, and automobile and aerospace) and geography (APAC, Europe, North America, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Air Products and Chemicals Inc., Bhuruka Gases Ltd., Iwatani Corp., L Air Liquide SA, Linde plc, Messer Group GmbH, Mitsubishi Chemical Holdings Corp., Noble Gas Solutions, Proton Gases (India) Pvt. Ltd., and Universal Industrial Gases Inc.

Market Overview

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Market Competitive Analysis

The market is fragmented. Air Products and Chemicals Inc., Bhuruka Gases Ltd., Iwatani Corp., L Air Liquide SA, Linde plc, Messer Group GmbH, Mitsubishi Chemical Holdings Corp., Noble Gas Solutions, Proton Gases (India) Pvt. Ltd., and Universal Industrial Gases Inc. are some of the major market participants. Factors such as the rising demand for energy-efficient lighting and laser solutions will offer immense growth opportunities. However, challenges such as high dependence on accurate gas distribution systems and gas handling systems, stringent safety legislation, and shortage of neon gas may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this rare gases market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this rare gases market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Air Products and Chemicals Inc.
  • Bhuruka Gases Ltd.
  • Iwatani Corp.
  • L Air Liquide SA
  • Linde plc
  • Messer Group GmbH
  • Mitsubishi Chemical Holdings Corp.
  • Noble Gas Solutions
  • Proton Gases (India) Pvt. Ltd.
  • Universal Industrial Gases Inc.

 

Rare Gases Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The booming pharmaceutical and healthcare industry will significantly influence rare gases market's growth in this region.

49% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for rare gases in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the rare gases market size.

Rare Gases Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will rare gases market growth during the next five years
  • Precise estimation of the rare gases market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the rare gases industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rare gases market vendors

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Rare Gases Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2020-2024

$ 120.36 million

Market structure

Fragmented

YoY growth (%)

3.32

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 49%

Key consumer countries

US, China, Germany, Japan, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Air Products and Chemicals Inc., Bhuruka Gases Ltd., Iwatani Corp., L Air Liquide SA, Linde plc, Messer Group GmbH, Mitsubishi Chemical Holdings Corp., Noble Gas Solutions, Proton Gases (India) Pvt. Ltd., and Universal Industrial Gases Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Electronics - Market size and forecast 2019-2024
    • Construction - Market size and forecast 2019-2024
    • Healthcare - Market size and forecast 2019-2024
    • Automobile and aerospace - Market size and forecast 2019-2024
    • Market opportunity by End-user

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Neon - Market size and forecast 2019-2024
    • Krypton - Market size and forecast 2019-2024
    • Xenon - Market size and forecast 2019-2024
    • Market opportunity by Type

    Market Segmentation by Transport Mode

    • Market segments
    • Comparison by Transport Mode
    • Cylinders and liquid containers - Market size and forecast 2019-2024
    • Bulk and micro bulk delivery - Market size and forecast 2019-2024
    • Tonnage distribution - Market size and forecast 2019-2024
    • Market opportunity by Transport Mode

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Market drivers – Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Air Products and Chemicals Inc.
    • Bhuruka Gases Ltd.
    • Iwatani Corp.
    • L Air Liquide SA
    • Linde plc
    • Messer Group GmbH
    • Mitsubishi Chemical Holdings Corp.
    • Noble Gas Solutions
    • Proton Gases (India) Pvt. Ltd.
    • Universal Industrial Gases Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    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

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    rare gases market

    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

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