Home News Rare Gases Market to grow at a CAGR of 7.64% by 2021

Rare Gases Market to grow at a CAGR of 7.64% by 2021

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Global Rare Gases Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Rare Gases Market.

Companies Mentioned are Air Liquide, Air Products and Chemicals, Messer Group, Praxair Technology, The Linde Group, Advanced Specialty Gases, Bhuruka Gases, Iceblick, Iwatani, Universal Industrial Gases (UIG), and Matheson Tri-Gas.

The global Rare Gases market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Rare Gases Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Rare Gases market?
  • What are the key market trends impacting the growth of the global Rare Gases market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Rare Gases market?
  • What are the market opportunities and threats faced by the vendors in the global Rare Gases market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Rare Gases market?

This independent 70 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Rare Gases market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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https://www.marketinsightsreports.com/reports/060230526/global-rare-gases-market-2017-to-2021/discount

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Rare Gases in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Rare Gases industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Rare Gases industry development trends and marketing channels are analyzed.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is demand from lighting application in automotive industry. Rare gases find major use in lighting applications as they emit light upon applying an electric field. These gases such as krypton, neon, and xenon are used in lighting applications such as design lights and LEDs used in vehicles. With the number of automotive vehicles increasing during the forecast period, it is expected that the application of rare gases will increase. LEDs used in automotive vehicles such as SUVs and heavy vehicles will have high demand because of low cost and the power-saving ability of these products.”

According to the report, one of the major drivers for this market is increasing demand for energy-efficient lighting and laser solutions. Rare gases are used in lighting applications as they emit light upon applying an electric field. They are used in CFLs (compact fluorescent lamps), HIDs (high-Intensity discharge lamps), and other lighting applications. Rapid advancements in technology for semiconductors have led to the emergence of LED (light emitting diode) lights, which emit light using semiconductor diodes without using any glasses.

Further, the report states that one of the major factors hindering the growth of this market is shortage of neon gas. Neon is known to emit a distinct reddish-orange glow when it is used in either high-voltage discharge tubes or low-voltage neon glow lamps or neon advertising signs. Neon is extracted by the fractional distillation of liquid air. It is generally more expensive than helium since air is its only source.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Rare Gases on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Rare Gases Market and assist manufacturers and investment organization to better grasp the development course of Rare Gases Market.

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