Loading...
| A07285 | Pages: NA | Dec 2021 | 411 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Xenon Gas Market
Request Now !Xenon is an odorless, colorless, tasteless, inflammable, monatomic, and nonreactive noble gas. Among the noble gases, xenon is the brightest, and emits blue light when electric current is passed through it; this property is utilized for lighting purpose. Xenon gas is a trace gas, which can be found in earth’s atmosphere and can also be obtained or produced commercially as a by-product during the separation of oxygen and nitrogen in air-separation units. This gas is stored in metal containers or sealed glass under standard temperature and pressure.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | USD Million |
Segments covered | Type, Industry Vertical, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
Companies covered |
|
Emergence of pandemic situation is disrupting the global chemical industry and various niche product segments, and xenon gas is being one of them. Owing to the outbreak of coronavirus, the government across the various geographies has been regulating nationwide lockdown practices, which have resulted in various industries to stop their production activities. Since construction, aerospace, industrial manufacturing processed, and automotive are major consumers of xenon gas, these industries have refrained their production activities leading to wide gap between supply and demand. Moreover, nationwide lockdown has led to decline in demand for xenon gas to great extent.
Surge in demand for insulated windows in the commercial and industrial space is a key factor boosting the growth of the global xenon gas market. Moreover, xenon gas does not react to heat; thus, it is best suited for use in lighting solutions. In addition, the market for xenon gas is driven by rise in demand from the lighting solutions and insulation industries. Furthermore, rise in health concerns due to the reactivity of other gases such as hydrogen, carbon, and sulfur augments the demand for xenon gas, which significantly contributes toward the growth of the global market.
Asia-Pacific is expected to dominate the market of xenon gas, due to rise in demand for xenon gas in aerospace industry and energy-efficient applications.
Key segments covered
Segment | Subsegment |
Type |
|
Industry Vertical |
|
Key benefits of the report
Questions answered in the global xenon gas market research report:
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
10%
Discount
10%
Discount
10%
Discount
10%
Discount
Enterprise
License/PDF
10%
Discount
Buy Now *Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
