DUBLIN--(BUSINESS WIRE)--The "Noble Gases - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Noble Gases Market to Reach 203.2 Billion Liters by 2027
Amid the COVID-19 crisis, the global market for Noble Gases estimated at 194.5 Billion Liters in the year 2020, is projected to reach a revised size of 203.2 Billion Liters by 2027, growing at a CAGR of 0.6% over the analysis period 2020-2027.
Helium, one of the segments analyzed in the report, is projected to record a 0.5% CAGR and reach 180.6 Billion Liters by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Argon segment is readjusted to a revised 1.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at 52.8 Billion Liters, While China is Forecast to Grow at 1.6% CAGR
The Noble Gases market in the U.S. is estimated at 52.8 Billion Liters in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 36.8 Billion Liters by the year 2027 trailing a CAGR of 1.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.3% and 0.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately -0.1% CAGR.
Other Product Types Segment to Record 3.9% CAGR
In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of 4.5 Billion Liters in the year 2020 will reach a projected size of 5.7 Billion Liters by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 26.1 Billion Liters by the year 2027, while Latin America will expand at a 4.7% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Air Liquide SA
- Airgas, Inc.
- Ellenbarrie Industrial Gases Limited
- Noble Energy Inc.
- Noble Gas Solutions
- Praxair, Inc.
- The Linde Group
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Noble Gases Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Noble Gases Global Market Estimates and Forecasts in Million Liters by Region/Country: 2020-2027
- Noble Gases Global Retrospective Market Scenario in Million Liters by Region/Country: 2012-2019
- Noble Gases Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Helium (Product Type) World Market by Region/Country in Million Liters: 2020 to 2027
- Helium (Product Type) Historic Market Analysis by Region/Country in Million Liters: 2012 to 2019
- Helium (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Argon (Product Type) Potential Growth Markets Worldwide in Million Liters: 2020 to 2027
- Argon (Product Type) Historic Market Perspective by Region/Country in Million Liters: 2012 to 2019
- Argon (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Other Product Types (Product Type) Geographic Market Spread Worldwide in Million Liters: 2020 to 2027
- Other Product Types (Product Type) Region Wise Breakdown of Global Historic Demand in Million Liters: 2012 to 2019
- Other Product Types (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Noble Gases Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Noble Gases Market Estimates and Projections in Million Liters by Product Type: 2020 to 2027
- Noble Gases Market by Product Type: A Historic Review in Million Liters for 2012-2019
- Noble Gases Market Share Breakdown by Product Type: 2012 VS 2020 VS 2027
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/g7mgnb