Global Neon Gas Market to Grow at a CAGR of 4.99% by Revenue and 9.98% by Volume over the Period 2015-2019: MarketResearchReports.Biz

Albany, NY -- (SBWire) -- 11/27/2015 --About neon gas

Neon, a noble gas, is a chemical element that is found to exhibit chemical inertness on account of its unique atomic structure. This highly unreactive gas has a wide range of usage in non-reactive applications. Neon, although abundant in the universe, is sparse in earths atmosphere and is often produced through fractional distillation of liquefied air. The gas has superior refrigerating capacity than helium and is a preferred refrigerant in certain applications. Neon in mixture with other gases is widely used in lighting and imaging applications. For instance, helium-neon lasers that are indispensable in various industrial and imaging applications use a mixture of helium and neon in the ratio 10:1.

Technavio's analysts forecast the global neon gas market to grow at a CAGR of 4.99% by revenue and 9.98% by volume over the period 2014-2019.

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Covered in this report

Technavios report, Global Neon Gas Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different application segments, demand-supply dynamics in various geographies, and distribution method. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

The report presents data on the following segments of the market:
Application: imaging and lighting, cryogenics, industrial application, and electronics
Geography: APAC, North America, and Latin America
Distribution method: tonnage, merchant, and packaged

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Key vendors
Air Liquide
Airgas
Linde
Messer Group
Praxair

Other prominent vendors
Air products
Air water
American gas group
BASF
Core gas
Gazprom
Matheson Tri-gas
Proton gas

Market drivers
Perennial demand from lighting and imaging applications
For a full, detailed list, view our report

Market challenges
Production deficits and price volatility
For a full, detailed list, view our report

Market trends
Growing prominence of repackaging and customized gas formulations
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be
What are the various end-uses and potential applications for the product
What are the key market trends
What is driving this market
What are the challenges to market growth
Who are the key vendors in this market space and what is the nature of competition between them
What are the market opportunities and threats faced by the key vendors

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