Global Rare Gas Market Growth 2023-2029

The rare gases (historically also the inert gases sometimes referred to as aerogens) make up a class of chemical elements with similar properties; under standard conditions, they are all odourless, colourless, monatomic gases with very low chemical reactivity.

researcher's newest research report, the “Rare Gas Industry Forecast” looks at past sales and reviews total world Rare Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Rare Gas sales for 2023 through 2029. With Rare Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Gas industry.

This Insight Report provides a comprehensive analysis of the global Rare Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rare Gas market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Gas and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare Gas.

The global Rare Gas market size is projected to grow from US$ 5081.8 million in 2022 to US$ 6342.2 million in 2029; it is expected to grow at a CAGR of 6342.2 from 2023 to 2029.

Global key players of rare gases include Linde, Air Liquide, Qatargas, Air Products, Exxon, etc. The top five players hold a share about 53%. United States is the largest producer, holds a share around 53%, followed by Qatar, with share nearly 31%. The largest market is Asia-Pacific, holds a share about 33%, followed by North America and Europe, with around 32% and 26% market share respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Rare Gas market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Neon

Krypton

Xenon

Helium

Argon

Others

Segmentation by application

Manufacturing & Construction

Electronics

Automotive and Transportation Equipment

Health care

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Air Liquide

Air Products and Chemicals

Messer Group

Praxair Technology

The Linde Group

Advanced Specialty Gases

Bhuruka Gases

Iceblick

Iwatani

Universal Industrial Gases (UIG)

Matheson Tri-Gas

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rare Gas market?

What factors are driving Rare Gas market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rare Gas market opportunities vary by end market size?

How does Rare Gas break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Frequently Asked Questions