The global market for Neon Gas was estimated to be worth US$ 46.7 million in 2024 and is forecast to a readjusted size of US$ 62.0 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Neon Gas cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Neon is a rare atmospheric gas which is odorless, colorless, tasteless, nontoxic, monatomic and chemically inert. Neon gas is principally shipped and used in gaseous form for excimer lasers, plasma displays, light bulbs, neon signs, and R & D laboratories. Neon is obtained from liquid air and it is mainly used in lighting.
The neon market is influenced by its critical role in various high-tech and industrial applications, particularly in the electronics, lighting, and medical imaging sectors. Neon gas is essential in producing lighting solutions such as neon signs and high-voltage indicators, and it plays a key role in applications requiring inert environments. Additionally, neon is vital in the semiconductor industry, especially in the manufacturing of chips where it is used in excimer lasers for photolithography processes. The ongoing growth in demand for consumer electronics and advanced computing technologies is contributing to a steady need for neon.
Geopolitical factors and the limited number of neon production facilities globally have a significant impact on market dynamics, often causing fluctuations in supply and pricing. As neon is primarily extracted as a byproduct during the air separation process, its availability depends heavily on the output of larger industrial gas operations. This supply chain sensitivity has led manufacturers and governments to explore diversification strategies, including recycling and alternative sourcing methods. With increasing technological dependence and the push for resilient supply chains, the neon market is expected to gain strategic importance in the coming years.
This report aims to provide a comprehensive presentation of the global market for Neon Gas, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Neon Gas by region & country, by Type, and by Application.
The Neon Gas market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neon Gas.
Market Segmentation
By Company
- Air Liquide
- Linde Group
- Parxair
- Messer Group
- Iceblick
- Air Products
- Air Water
- Core Gas
- Wuhan Steel Group
- INGAS
- Airgas
- Matheson Tri-gas
- Baosteel
Segment by Type
- Low-purity Product
- High-purity Product
- Ultra-high Purity Product
Segment by Application
- Neon Lamp
- Medical Field
- Refrigerant
- Laser
- Other Application
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Neon Gas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Neon Gas in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Neon Gas in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Neon Gas Product Introduction
- 1.2 Global Neon Gas Market Size Forecast
- 1.2.1 Global Neon Gas Sales Value (2020-2031)
- 1.2.2 Global Neon Gas Sales Volume (2020-2031)
- 1.2.3 Global Neon Gas Sales Price (2020-2031)
- 1.3 Neon Gas Market Trends & Drivers
- 1.3.1 Neon Gas Industry Trends
- 1.3.2 Neon Gas Market Drivers & Opportunity
- 1.3.3 Neon Gas Market Challenges
- 1.3.4 Neon Gas Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Neon Gas Players Revenue Ranking (2024)
- 2.2 Global Neon Gas Revenue by Company (2020-2025)
- 2.3 Global Neon Gas Players Sales Volume Ranking (2024)
- 2.4 Global Neon Gas Sales Volume by Company Players (2020-2025)
- 2.5 Global Neon Gas Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Neon Gas Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Neon Gas Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Neon Gas
- 2.9 Neon Gas Market Competitive Analysis
- 2.9.1 Neon Gas Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Neon Gas Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Neon Gas as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Low-purity Product
- 3.1.2 High-purity Product
- 3.1.3 Ultra-high Purity Product
- 3.2 Global Neon Gas Sales Value by Type
- 3.2.1 Global Neon Gas Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Neon Gas Sales Value, by Type (2020-2031)
- 3.2.3 Global Neon Gas Sales Value, by Type (%) (2020-2031)
- 3.3 Global Neon Gas Sales Volume by Type
- 3.3.1 Global Neon Gas Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Neon Gas Sales Volume, by Type (2020-2031)
- 3.3.3 Global Neon Gas Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Neon Gas Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Neon Lamp
- 4.1.2 Medical Field
- 4.1.3 Refrigerant
- 4.1.4 Laser
- 4.1.5 Other Application
- 4.2 Global Neon Gas Sales Value by Application
- 4.2.1 Global Neon Gas Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Neon Gas Sales Value, by Application (2020-2031)
- 4.2.3 Global Neon Gas Sales Value, by Application (%) (2020-2031)
- 4.3 Global Neon Gas Sales Volume by Application
- 4.3.1 Global Neon Gas Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Neon Gas Sales Volume, by Application (2020-2031)
- 4.3.3 Global Neon Gas Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Neon Gas Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Neon Gas Sales Value by Region
- 5.1.1 Global Neon Gas Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Neon Gas Sales Value by Region (2020-2025)
- 5.1.3 Global Neon Gas Sales Value by Region (2026-2031)
- 5.1.4 Global Neon Gas Sales Value by Region (%), (2020-2031)
- 5.2 Global Neon Gas Sales Volume by Region
- 5.2.1 Global Neon Gas Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Neon Gas Sales Volume by Region (2020-2025)
- 5.2.3 Global Neon Gas Sales Volume by Region (2026-2031)
- 5.2.4 Global Neon Gas Sales Volume by Region (%), (2020-2031)
- 5.3 Global Neon Gas Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Neon Gas Sales Value, 2020-2031
- 5.4.2 North America Neon Gas Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Neon Gas Sales Value, 2020-2031
- 5.5.2 Europe Neon Gas Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Neon Gas Sales Value, 2020-2031
- 5.6.2 Asia Pacific Neon Gas Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Neon Gas Sales Value, 2020-2031
- 5.7.2 South America Neon Gas Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Neon Gas Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Neon Gas Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Neon Gas Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Neon Gas Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Neon Gas Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Neon Gas Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Neon Gas Sales Value, 2020-2031
- 6.3.2 United States Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Neon Gas Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Neon Gas Sales Value, 2020-2031
- 6.4.2 Europe Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Neon Gas Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Neon Gas Sales Value, 2020-2031
- 6.5.2 China Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Neon Gas Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Neon Gas Sales Value, 2020-2031
- 6.6.2 Japan Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Neon Gas Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Neon Gas Sales Value, 2020-2031
- 6.7.2 South Korea Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Neon Gas Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Neon Gas Sales Value, 2020-2031
- 6.8.2 Southeast Asia Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Neon Gas Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Neon Gas Sales Value, 2020-2031
- 6.9.2 India Neon Gas Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Neon Gas Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Air Liquide
- 7.1.1 Air Liquide Company Information
- 7.1.2 Air Liquide Introduction and Business Overview
- 7.1.3 Air Liquide Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Air Liquide Neon Gas Product Offerings
- 7.1.5 Air Liquide Recent Development
- 7.2 Linde Group
- 7.2.1 Linde Group Company Information
- 7.2.2 Linde Group Introduction and Business Overview
- 7.2.3 Linde Group Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Linde Group Neon Gas Product Offerings
- 7.2.5 Linde Group Recent Development
- 7.3 Parxair
- 7.3.1 Parxair Company Information
- 7.3.2 Parxair Introduction and Business Overview
- 7.3.3 Parxair Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Parxair Neon Gas Product Offerings
- 7.3.5 Parxair Recent Development
- 7.4 Messer Group
- 7.4.1 Messer Group Company Information
- 7.4.2 Messer Group Introduction and Business Overview
- 7.4.3 Messer Group Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Messer Group Neon Gas Product Offerings
- 7.4.5 Messer Group Recent Development
- 7.5 Iceblick
- 7.5.1 Iceblick Company Information
- 7.5.2 Iceblick Introduction and Business Overview
- 7.5.3 Iceblick Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Iceblick Neon Gas Product Offerings
- 7.5.5 Iceblick Recent Development
- 7.6 Air Products
- 7.6.1 Air Products Company Information
- 7.6.2 Air Products Introduction and Business Overview
- 7.6.3 Air Products Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Air Products Neon Gas Product Offerings
- 7.6.5 Air Products Recent Development
- 7.7 Air Water
- 7.7.1 Air Water Company Information
- 7.7.2 Air Water Introduction and Business Overview
- 7.7.3 Air Water Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Air Water Neon Gas Product Offerings
- 7.7.5 Air Water Recent Development
- 7.8 Core Gas
- 7.8.1 Core Gas Company Information
- 7.8.2 Core Gas Introduction and Business Overview
- 7.8.3 Core Gas Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Core Gas Neon Gas Product Offerings
- 7.8.5 Core Gas Recent Development
- 7.9 Wuhan Steel Group
- 7.9.1 Wuhan Steel Group Company Information
- 7.9.2 Wuhan Steel Group Introduction and Business Overview
- 7.9.3 Wuhan Steel Group Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Wuhan Steel Group Neon Gas Product Offerings
- 7.9.5 Wuhan Steel Group Recent Development
- 7.10 INGAS
- 7.10.1 INGAS Company Information
- 7.10.2 INGAS Introduction and Business Overview
- 7.10.3 INGAS Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 INGAS Neon Gas Product Offerings
- 7.10.5 INGAS Recent Development
- 7.11 Airgas
- 7.11.1 Airgas Company Information
- 7.11.2 Airgas Introduction and Business Overview
- 7.11.3 Airgas Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Airgas Neon Gas Product Offerings
- 7.11.5 Airgas Recent Development
- 7.12 Matheson Tri-gas
- 7.12.1 Matheson Tri-gas Company Information
- 7.12.2 Matheson Tri-gas Introduction and Business Overview
- 7.12.3 Matheson Tri-gas Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Matheson Tri-gas Neon Gas Product Offerings
- 7.12.5 Matheson Tri-gas Recent Development
- 7.13 Baosteel
- 7.13.1 Baosteel Company Information
- 7.13.2 Baosteel Introduction and Business Overview
- 7.13.3 Baosteel Neon Gas Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Baosteel Neon Gas Product Offerings
- 7.13.5 Baosteel Recent Development
8 Industry Chain Analysis
- 8.1 Neon Gas Industrial Chain
- 8.2 Neon Gas Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Neon Gas Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Neon Gas Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer