DUBLIN--(BUSINESS WIRE)--The "Xenon Gas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global xenon gas market reached a volume of 17.2 Million Liters in 2018. The market is further expected to reach a volume of 21.9 Million Liters by 2024, exhibiting a CAGR of 4.1% during 2019-2024.
This report provides a deep insight into the global xenon gas market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
Xenon gas provides a better option in the field of lighting and insulation which proves to be a major factor catalysing its demand. There is a wide variety of lamps that use xenon gas on a regular basis such as photographic flash lamps, high-intensive arc-lamps, bactericidal lamps, etc. These lamps offer better illumination as compared to conventional methods of lighting. Apart from this, xenon gas is also useful for giving a soft blue glow in the headlights of vehicles.
Xenon has been gaining popularity among numerous end-use industries owing to its multidimensional utility. It is used for plating the silicon microprocessors as well as for the production of a specific drug which is useful for treating cancer. Additionally, xenon gas is beneficial in the production of helium-neon lasers which are used in barcode scanners. These characteristics and benefits of xenon gas have been contributing to its propelling demand across the globe.
With continuous technological developments, the demand of barcode-scanners and laser operated sensors has been increasing which are manufactured by using xenon gas.
Xenon is a non-reactive gas and is considered to be absolutely safe and harmless when used in remedial drug or in the form of an anaesthetic. Xenon gas is ecologically clean and absolutely non-toxic in nature on account of which it is primarily used in the treatment of various brain diseases.
Based on the distribution channel, the market has been segmented as packaged, merchant and on-site. Currently, packaged (compressed in metal cylinder for customers) dominates the market, holding the largest share.
On the basis of end-user, imaging and lighting represents the largest segment. It is followed by the automotive and transportation; aviation and aerospace; healthcare and other segments.
Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the market share.
The competitive landscape of the market has also been examined with some of the key players being Airgas, Air Liquide, Linde, Messer, Praxair, Air Water, American Gas, BASF, Core Gas, Matheson Tri-Gas and Proton Gas.
Key Questions Answered
- How has the global xenon gas market performed so far and how will it perform in the coming years?
- What are the key regions in the global xenon gas market?
- What are the major distribution channels in the global xenon gas market?
- What are the key end-use segments in the global xenon gas market?
- What are the various stages in the value chain of the global xenon gas industry?
- What are the key driving factors and challenges in the global xenon gas industry?
- What is the structure of the global xenon gas industry and who are the key players?
- What is the degree of competition in the global xenon gas industry?
- How is xenon gas produced?
List of Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.3 Key Industry Trends
5 Global Xenon Gas Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Distribution Channel
5.4 Market Breakup by End-User
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.9 Porters Five Forces Analysis
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Key Price Indicators
5.10.2 Price Trends
5.10.3 Margin Analysis
6 Market Breakup by Distribution Channel
7 Market Breakup by End-User
7.1 Imaging and Lighting
7.2 Automotive and Transportation
7.3 Aviation and Aerospace
8 Market Breakup by Region
8.1 Asia Pacific
8.2 North America
8.4 Middle East and Africa
8.5 Latin America
9 Xenon Gas Production
9.1 Product Overview
9.2 Raw Material Requirements
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.2 Air Liquide
10.3.6 Air Water
10.3.7 American Gas
10.3.9 Core Gas
10.3.10 Matheson Tri-Gas
10.3.11 Proton Gas
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