Press release
Neon Gas Market Growth, Segmented by Application and Development Forecast till Period, 2019-2025
In terms of consumption side, this report focuses on the consumption of Neon Gas by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon gas is principally shipped and used in gaseous form for excimer lasers, plasma displays, light bulbs, neon signs, and R & D laboratories. Neon is obtained from liquid air and it is mainly used in lighting.
In consumption market, the growth rate of global consumption is smooth relatively with the 1.65% of average growth rate. USA and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy. Neon gas can be classified into three types: low-purity product, high-purity product and ultra-high purity product. High-purity product is the most widely used products. Survey results showed that 56% of the neon gas market is neon lamp, 15% is laser industry, 15% is refrigerant industry, 10% is medical field and 4% divided among other industries. With the development of economy, these industries will need more neon gas. So, neon gas has a huge market potential in the future.
The cost of electricity is the largest single operating cost incurred in air separation plants. It is usually between one third and two thirds of the operating costs associated with producing neon gas. The Neon Gas market was valued at 37 Million US$ in 2017 and is projected to reach 48 Million US$ by 2025, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Neon Gas.
Ask for PDF Copy of this Report at https://www.qyresearch.com/sample-form/form/719238/global-neon-gas-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
This report includes the following manufacturers; we can also add the other companies as you want.
Air Liquide
Linde Group
Parxair
Messer Group
Iceblick
Air Products
Air Water
Core Gas
Wuhan Steel Group
INGAS
Airgas
Matheson Tri-gas
Baosteel
Market Segment by Product Type
Low-purity Product
High-purity Product
Ultra-high Purity Product
Order a Copy of Report at https://www.qyresearch.com/settlement/pre/dd7c699cca084490e91e2b0e69131f88,0,1,Global%20Neon%20Gas%20Industry%20Research%20Report,%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025
Market Segment by Application
Neon Lamp
Medical Field
Refrigerant
Laser
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