Global Neon Market Growth 2023-2029

Global Neon Market Growth 2023-2029

Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon is obtained from liquid air.

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

This Insight Report provides a comprehensive analysis of the global Neon 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 Neon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Neon market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neon 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 Neon.

The global Neon market size is projected to grow from US$ 96.4 million in 2022 to US$ 7 million in 2029; it is expected to grow at a CAGR of 7 from 2023 to 2029.

Global top 5 manufacturers of neon occupied for a share nearly 70 percent, key players are Ingas, Linde, Air Liquide, and Air Products, etc. Asia Pacific is the largest producer of neon, holds a share almost 65%, followed by North America and Europe. Segment by type, the neon can be split into <5N, 5N, >5N, etc. And in terms of application, the largest application is semiconductor, followed by laser.

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

Market Segmentation:

Segmentation by type
<5N
5N
>5N

Segmentation by application
Semiconductor
Laser
Fluorescent Light Bulbs
Signage
Others

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.
Ingas
Cryoin
Linde
Air Liquide
Air Products
Messer
Hunan KMT
Huate Gas
Sumitomo Seika

Key Questions Addressed in this Report

What is the 10-year outlook for the global Neon market?

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

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

How do Neon market opportunities vary by end market size?

How does Neon break out type, application?

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

Please note: The report will take approximately 2 business days to prepare and deliver.