Global Noble Gas Market Analysis, Growth, Trends & Forecast 2018-2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Noble Gas Market – Segmented by Type and Application – Growth, Trends,
and Forecast (2018 – 2023)" report has been added to ResearchAndMarkets.com's
offering.

The noble gas market is expected to grow gradually during the forecast
period 2018-2023. This growth is estimated due to the rising number of
applications in various sectors, such as oil & gas, chemical, mining,
power, energy-efficient buildings, surgery, semiconductors, aerospace,
as well as steel and aluminum industries.

Noble gases have found usage in a wide range of application. They have
the highest demand in the medical sector since they are involved in the
cooling of superconducting magnets in the magnetic resonance imaging
(MRI) scanners. Helium has been effective in a variety of respiratory
conditions, including upper airway obstruction, asthma exacerbation,
post-extubation strido, etc.

Helium has the largest market share in the global noble gas market, due
to its abundant availability in natural air and economical cost. With
limited producers, helium industry has been revamping to bring new
capacity online around the world and unearth innovative new means of
sourcing.

North America holds the highest market share in terms of revenue, due to
the increasing demand for consumer and investment goods, especially in
the United States. Moreover, the reserves in the country are declining
due to a high production and consumption. It is estimated that the noble
gas market in North America will witness a healthy growth, on account of
the high demand from aerospace and laser applications from the United
States and Canada.

Major Players

• Shell
• ITM Power
• BASF
• LINDE
• MESSER
• Proton Gas
• TAIYO NIPPON SANSO
• PRAXAIR Inc.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/5bh3bh/global_noble_gas?w=4

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Related
Topics: Gas,
Industrial
and Specialty Gases