Neon Gas Market by Application (Semiconductor, LCD, Imaging & Lighting, and Others) - Global Forecast 2020 - 2025

Report Code: CMR 54455 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Neon Gas Market size is forecast to reach $61.46 million by 2025, after growing at a CAGR of 3.5% during 2020-2025. The Neon Gas market is driven by imaging and lighting applications. Furthermore, the growing demand for smartphone and television display worldwide, Neon gas has huge opportunities in the display manufacturing market. It is a noble gas. Neon is a colorless, odorless, inert monatomic gas under standard conditions, with about two-thirds the density of air.

Report Coverage

The report: “Neon Gas Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Neon Gas Industry.


Key Takeaways

  • Asia-Pacific dominates the Neon Gas market owing to strong consumption of neon gases in semiconductors, LCD’s, neon lights and others.
  • The slowdown in world economic growth has impacted the neon gas industry, but in forecasted period the neon gas industry will maintain a relatively optimistic growth.
  • Neon has found increased use in special fluorescent lamps in conjunction with other rare gases and is also used in spark chamber mixtures, which is useful for research into atomic particles.

Type - Segment Analysis

High Purity Neon gas held the largest share in the Neon Gas market in 2019. The demands on the purity of the gases are determined by the respective application. Neon is used as a buffer gas or the active medium in various types of gas lasers such as helium/neon, excimer and copper vapor lasers. Neon is also used as a carrier gas in chromatography for special applications and is also used in LCD screens.

Application - Segment Analysis

Imaging and lighting has been the primary market for Neon Gas. Neon is used in glow lamps, electron tubes, signs, plasma studies, fluorescent starter tubes, gas lasers and cryogenic refrigeration. The reddish-orange color emitted in neon lights is widely used to make advertising signs. Neon is also commonly used for these types of lights when many other gasses were currently used to create various colors of light. Neon gas has the ability to penetrate fog that is not easily distinguishable from other lights. As a result, in these applications, the international neon gas market is expected to experience significant growth rates. Neon gas has the ability to penetrate fog that is not easily distinguishable from other lights.

Apart from lighting, Neon gas has been used extensively in the semiconductor since the development of DUV lithography systems. Moreover, Due to the growing demand from the semiconductor manufacturers for neon gas in excimer laser gas mixes, the market for neon gas is rising at a significant rate.

Geography - Segment Analysis

APAC dominated the Neon Gas market with a share of more than 38%, followed by North America and Europe. Neon Gas is experiencing a rapid demand in the Japanese market for the processing of semiconductors. A number of large-scale oxygen production projects are currently in operation in the Asia-Pacific region and are therefore expected to see steady growth, especially in China. The demand for neon gas in Asia Pacific is set to grow in forecasted period driven by strong consumption in fast growing Asian economies. Japan’s electronic products industry is the third largest in the world and is highly driven by the demand for sales of semiconductors to Japan. According to the World Semiconductor Trade Statistics (WSTS), the Japanese semiconductor market grew from $36.6 billion in 2017 to 40.0 billion in 2018. Furthermore, it is expected that the neon gas market in the United States and Eastern Europe will see a decline in neon gas production, the reason being aging ASUs in this area. Neon gas is expected to see growth in demand with the advancement of the space agencies ' exploration activities in this area.

Drivers – Neon Gas Market

·         Wide application of Neon Gas.

Neon gas has been used extensively across various applications such as cryogenic refrigerant because of enhanced refrigerating capacity, semiconductor, coolant for ultra-sensitive infrared imaging and detection equipment, healthcare field, and others. Neon is used into cryogenic refrigerant because in extreme cold temperature, neon condenses into liquid. Neon is widely suitable because it is non-reactive and it does not mix with other elements. Stirling Cryogenics has neon chilling systems that are efficient for cooling things such as high temperature superconductor.

Challenges – Neon Gas Market

·         Neon gas prices is disrupting semiconductor manufacturing.

The semiconductor industry is the world's leading user of neon gas and is caused by any disturbance in the supply chain. With the crisis across regions producing neon, price increases and overall disruption in the semiconductor industry have resulted in supply reduction. The fluctuation in supply and prices of neon is affecting the semiconductor industry.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Neon Gas market. In 2019, the market of Neon Gas has been consolidated by the top five players accounting for xx% of the share. Major players in the Neon Gas Market are Linde Group, Matheson Tri-Gas Inc., American Gas Products, Ingas AE, Iceblik LLC, and Messar Group GmbH, among others.

1. Neon Gas Market - Overview
        1.1 Definitions and Scope
2. Neon Gas Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Neon Gas Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Neon Gas Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Neon Gas Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Neon Gas Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Neon Gas Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Neon Gas Market - By Product Type (Market Size -$Million / $Billion)
9. Neon Gas Market - By Type (Market Size -$Million / $Billion)
10. Neon Gas - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Semiconductor
            10.3.2 Lcd
            10.3.3 Imaging Lighting
11. Neon Gas- By Geography (Market Size -$Million / $Billion)
        11.1 Neon Gas Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Neon Gas- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Neon Gas- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Neon Gas - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Neon Gas - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Neon Gas Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Neon Gas Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Neon Gas Market - Key Company List by Country Premium
15. Neon Gas Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Air Liquide S A
        15.3 Air Product And Chemicals, Inc
        15.4 Airgas, Inc
        15.5 Chengdu Taiyu Industrial Gas Co. Ltd
        15.6 Cryoin Engineering Ltd
        15.7 Linde Ag
        15.8 Praxair Technology, Inc
        15.9 Proton Gas Private Limited
        15.10 Sigma-Aldrich Co. Llc
        15.11 The Messer Group Gmbh
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Neon Gas Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Neon Gas Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Neon Gas Market Size 2018
2 Canada Neon Gas Market Share 2018
3 Brazil Neon Gas Market Outlook 2019 - 2023
4 Mexico Neon Gas Market Research 2018
5 Germany Neon Gas Market Trends 2019 - 2023 
6 France Neon Gas Market Growth 2019 - 2023 
7 UK Neon Gas Market Demand 2019 - 2023 
8 Italy Neon Gas Market Segmentation 2018
9 Russia Neon Gas Market Analysis 2019 - 2023
10 China Neon Gas Market Revenue 2019 - 2023
11 Japan Neon Gas Market Volume 2019 - 2023
12 South Korea Neon Gas Market Potential 2019 - 2023
13 India Neon Gas Market Leaders 2018
14 Saudi Arabia Neon Gas Market Forecast 2019 - 2023 
15 Kuwait Neon Gas Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link