DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f9z2tj/global_xenon_gas) has announced the addition of the "Global Xenon Gas Market - Market Research Report 2015-2019" report to their offering.
The global xenon gas market to grow at a CAGR of 6.12% over the period 2014-2019.
The report, Global Xenon 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 end-user 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.
Most noble gases are packaged into cylinders at pressures of up to 300 bar and are supplied to end-consumers in volume variants of 1-50 liters. These cylinders are made of high-strength steel and aluminum to withstand high pressures, avoid leakages, and ensure maximum safety. Distribution of noble gases through this route is a cost-intensive process as transportation of these heavy cylinders incurs a lot of energy in terms of fuel and packaging.
According to the report, xenon gas is indispensable in the manufacture of helium-neon lasers that are used in barcode scanners, alignment tools, and photography transmission. These lasers are preferred due to various advantages such as cheaper cost of production, good coherence, and increased safety on account of low power output. Xenon gas lasers are also being used for precise measurements over long distances and also in holography. Growing consumer demand and rise in industrialization are driving the requirement for barcode scanners and laser-operated sensors, which in turn is contributing to the demand for xenon gas.
Further, the report states that, fluctuating energy prices and rising manpower expenses are severely affecting the profit margins of the major vendors in the market.
The report presents data on the following segments of the market:
- End-user: aerospace and aircraft, healthcare, imaging and lightning, automotive and transportation, and other industrial uses
- Geography: APAC, North America, MEA, Latin America, and Europe
- Distribution method: tonnage, merchant, and packaged
- Air Liquide
- Messer Group
Other prominent vendors
- Air Water
- American Gas Group
- Core Gas
- Matheson Tri-gas
- Proton Gas
For more information visit http://www.researchandmarkets.com/research/f9z2tj/global_xenon_gas