The Market Reports

Synopsis
The global market for Neon Gas was estimated to be worth US$ 46.7 million in 2024 and is forecast to a readjusted size of US$ 62.0 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Neon Gas cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon gas is principally shipped and used in gaseous form for excimer lasers, plasma displays, light bulbs, neon signs, and R & D laboratories. Neon is obtained from liquid air and it is mainly used in lighting.
The neon market is influenced by its critical role in various high-tech and industrial applications, particularly in the electronics, lighting, and medical imaging sectors. Neon gas is essential in producing lighting solutions such as neon signs and high-voltage indicators, and it plays a key role in applications requiring inert environments. Additionally, neon is vital in the semiconductor industry, especially in the manufacturing of chips where it is used in excimer lasers for photolithography processes. The ongoing growth in demand for consumer electronics and advanced computing technologies is contributing to a steady need for neon.
Geopolitical factors and the limited number of neon production facilities globally have a significant impact on market dynamics, often causing fluctuations in supply and pricing. As neon is primarily extracted as a byproduct during the air separation process, its availability depends heavily on the output of larger industrial gas operations. This supply chain sensitivity has led manufacturers and governments to explore diversification strategies, including recycling and alternative sourcing methods. With increasing technological dependence and the push for resilient supply chains, the neon market is expected to gain strategic importance in the coming years.
This report aims to provide a comprehensive presentation of the global market for Neon Gas, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Neon Gas by region & country, by Type, and by Application.
The Neon Gas market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neon Gas.
Market Segmentation
By Company
Air Liquide
Linde Group
Parxair
Messer Group
Iceblick
Air Products
Air Water
Core Gas
Wuhan Steel Group
INGAS
Airgas
Matheson Tri-gas
Baosteel
Segment by Type
Low-purity Product
High-purity Product
Ultra-high Purity Product
Segment by Application
Neon Lamp
Medical Field
Refrigerant
Laser
Other Application
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Neon Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Neon Gas in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Neon Gas in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index