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Global Rare Gases Market Research Report 2022
SKU ID : QYR-21059478 | Publishing Date : 10-Jun-2022
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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.
Market Analysis and Insights: Global Rare Gases Market
Due to the COVID-19 pandemic, the global Rare Gases market size is estimated to be worth US$ 5704.1 million in 2022 and is forecast to a readjusted size of US$ 7565.8 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Helium accounting for % of the Rare Gases global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Large Industries segment is altered to an % CAGR throughout this forecast period.
Qatargas and Linde are the top 2 companies in global rare gases market and account for about 45% of total market share. Geographically speaking, Asia-Pacific holds nearly 35% of global market share, followed by North America with about 30% share. In terms of type, helium segment holds an important share of about 95%. In terms of application, large industries segment accounts for about 30% of the total share.
Global Rare Gases Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rare Gases Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Helium
Neon
Argon
Krypton
Xenon
Segment by Application
Large Industries
Electronics
Healthcare
Aerospace
Others
By Company
Qatargas
Linde
Air Products
Air Liquide
Exxon
Ingas
Cryoin Engineering
Huate Gas
Messer Group
Yingde Gases Group
BASF
Nippon Shokubai
Chromium
Air Water
PGnig
Coregas (Wesfarmers)
Production by Region
North America
Europe
China
Japan
Mid East & Africa
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Rare Gases Market
Due to the COVID-19 pandemic, the global Rare Gases market size is estimated to be worth US$ 5704.1 million in 2022 and is forecast to a readjusted size of US$ 7565.8 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Helium accounting for % of the Rare Gases global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Large Industries segment is altered to an % CAGR throughout this forecast period.
Qatargas and Linde are the top 2 companies in global rare gases market and account for about 45% of total market share. Geographically speaking, Asia-Pacific holds nearly 35% of global market share, followed by North America with about 30% share. In terms of type, helium segment holds an important share of about 95%. In terms of application, large industries segment accounts for about 30% of the total share.
Global Rare Gases Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rare Gases Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Helium
Neon
Argon
Krypton
Xenon
Segment by Application
Large Industries
Electronics
Healthcare
Aerospace
Others
By Company
Qatargas
Linde
Air Products
Air Liquide
Exxon
Ingas
Cryoin Engineering
Huate Gas
Messer Group
Yingde Gases Group
BASF
Nippon Shokubai
Chromium
Air Water
PGnig
Coregas (Wesfarmers)
Production by Region
North America
Europe
China
Japan
Mid East & Africa
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
