Global Krypton Gas Market Size, By Types(Insulation, Illumination), By Applications(Windows, Lighting, Semiconductor) Forecasts 2016 - 2027

Published on 09/15/2021| Code: CMM460001| Category: Energy & Power| Total Pages: 206

Global Krypton Gas Market: Description

Krypton is a pure form of element that is colour-less, odour-less, tasteless noble gas that is present in trace amounts in atmosphere and is often used with other rare gases in fluorescent lamps. A florescent lamp or tube is a low-pressure mercury vapor gas-discharge lamp that uses florescence to produce visible light. An electric current in the gas stimulates the mercury vapor, that generates a short wave ultra-violet light that then creates a phosphor coating on the inside of the lamp to glow.

The krypton like any other gas used in lighting and photography.

The krypton is very rare gas and is found in low concentration of air. This is obtained by Linde process of separation. The gas when comes in contact with xenon existing in liquid oxygen accumulates at the bottom of the rectification column due its physical properties. Krypton has high insulin properties. The gas exhibits high rate of heat dissipation when used in energy efficient windows. Additionally, krypton possesses low thermal conductivity which increases the effectiveness of insulation.

The krypton gas is used as filler in halogen bulbs, energy saving bulbs used for large advertising hoardings, gas tubes etc.

Global Krypton Gas Market: Overview

The Global Krypton Gas Market is estimated to reveal a substantial growth of a CAGR of 0.4% during the forecasted period of 2020 to 2030. The Global Krypton Gas Market was valued at USD 47.12 million in 2020 and is estimated to display a massive transformation to reach USD 49.04 million by 2030.

Krypton is a colour-less, smell-less, tasteless noble element of gas that is present in small amounts in atmosphere and which is often used in fluorescent lamps. Krypton gas is used as a filler gas in halogen bulbs, bulbs, illuminated billboards and many more. Furthermore, a radioactive isotope the krypton gas is mainly used as tracer for the investigation of surface reactions and other applications such as lithographic fabrication of semiconductors.

The krypton gas is also used as a stuffing for thermally insulated windows, or lighting, or in lasers. The insulated window is expected to lead the market owing to the global expansion in construction sector.

The krypton is market is supposed to witness a remarkable growth in the upcoming years owing to its huge properties and qualities.

Global Krypton Gas Market: Key Trends

Growing demand for energy efficient infrastructure and sustainable construction techniques is boosting the growth.

With the advancement in technology in infrastructure sector, there is a growing demand for utilization of energy efficient techniques in infrastructure and additionally shifting trend toward application of sustainable energy construction techniques such as zero-energy buildings, energy efficient buildings, expansion of construction industry etc. are expected to drive demand for insulated glass windows which indirectly impacts positively on the market. In addition to this growing urbanization & commercialization are some more factors boosting the market.

Developing techniques in the production of krypton gas has boosted the market

Increasing developed technologies in production of krypton gas across the globe is expected to create new opportunities for global krypton production and this is boosting the market growth.

High price and a low availability of xenon is another factor to boost the market

As compared to Krypton gas, xenon yet another element is costly and not easily available, that has given rise to higher research and development activities on the use of krypton gas as a substitute of xenon ion thrusters that are commonly used for propulsion of spacecraft.

Implementation of krypton gas in tungsten manufacture to boost the market

Krypton gas is extensively employed in in the manufacture of tungsten, due to its greater atomic size that delays the evaporation process of the tungsten filament in bulb and increases the bulb life. As a result of this, we get higher light output of lamps and hence krypton gas is extensively used compared to argon gas in bulbs. This is another factor boosting the market.

Covid-19 impact on market

The latest pandemic had swiping effects on world-wide businesses, and economy. Due to pandemic, people were forced to stay inside their homes. Government imposed restriction on supply and logistics impacted most of the business sectors. The krypton market was nothing new. The administrative restrictions lowered the enforcement of labor across nation which affected the production of fluorescent lights, impacting the krypton market.

Global Krypton Gas Market Segmentation Analysis

The Global Krypton Gas Market has been segmented into sections namely, Types and Application

Global Krypton Gas Market based on Types:

Based on Types the market is further divided into

Insulation
Illumination

Between Insulation and Illumination, the Insulation segment is expected to lead the market due to its extensive use in Illuminated windows.

Global Krypton Gas Market by Application: Based on Application the market is further divided into

Windows
Lighting
Semiconductor
Other

Of all the types, the Lighting segment is expected to display a significant growth, as the krypton gas is extensively used in lighting.

Global Krypton Gas Market: Regional Segmentation Analysis

Based on the geographical view, the market occupies regions as Middle East & Africa, Latin America, Asia Pacific, Europe, and North America. Based on production, Europe held a largest share followed by North America and Asia Pacific.

Global Krypton Gas Market: Competitive Landscape

The stakeholders play a vital role in company’s growth. Companies are focusing on development and inauguration of new products and collaboration with other entities to rise the market share. The main purpose of this collaboration is to manage the work flows. The Global Krypton Gas market is highly competitive market due the prevalence of small and large market players across boundaries. Some of the prominent companies are as follows

Air Products Inc.
Air Liquide
Messer Group GmbH
Proton Gases
Linde plc
Universal Industrial Gases, Inc.
Cryoin Engineering Limited
BASF SE
Medical-Technical Gases, Inc.
Dakota Gasification Co.
Hema Gases

Report Scope:

Global Krypton Gas Market Forecast Years: 2020-2030

Global Krypton Gas Market Historical Years: 2018-2021

Global Krypton Gas Market 2020: USD 47.12 million

Global Krypton Gas Market 2030: USD 49.04 million

Global Krypton Gas Market CAGR: 0.4%

Key Segments: Types and Application

Key Regions & Countries: Middle East & Africa, Latin America, Asia Pacific, Europe, and North America.

1 Global Krypton Gas Market Introduction and Market Overview
1.1 Objectives of the Study
1.2 Market Scope & Market Segmentation
1.2.1 Type of Global Krypton Gas Market
1.2.2 Application of Global Krypton Gas Market
1.2.3 Region of Global Krypton Gas Market
1.3 Overview/Snapshot of Global Krypton Gas Market

2 Market Dynamics
2.1 Drivers
2.2 Restraints
2.3 Opportunities
2.4. Trends

3 Industry Analysis
3.1 Technology Advancements
3.2 Trade Statistics
3.3 Production/Consumption Analysis
3.4. Pricing Analysis
3.5 List of Suppliers
3.5 Assessment of the Overall Impact of COVID-19 on the Industry
3.6 Porter’s Analysis
3.7 PEST Analysis
3.8 Market Investment Feasibility Analysis

4. Global Krypton Gas Market: Forecast By Type Estimates & Trend Analysis
4.1. Global Krypton Gas Market, by Type 2016 to 2028 (By Value)
4.2. Global Krypton Gas Market, by Type 2016 to 2028 (By Volume)
•Insulation
•Illumination

4. Global Krypton Gas Market: Forecast By Application Estimates & Trend Analysis
4.1. Global Krypton Gas Market, By Application 2016 to 2028 (By Value)
4.2. Global Krypton Gas Market, By Application 2016 to 2028 (By Volume)
•Windows
•Lighting
•Semiconductor
•Other
5. Global Krypton Gas Market: Forecast By Region Estimates & Trend Analysis
5.1. North America Krypton Gas Market, by Country 2016 to 2028 (By Value)
5.2. North America Krypton Gas Market, by Country 2016 to 2028 (By Volume)
5.2.1. North America Krypton Gas Market, by Type 2016 to 2028 (By Value)
5.2.2. North America Krypton Gas Market, by Type 2016 to 2028 (By Volume)
5.2.3. North America Krypton Gas Market, by Application 2016 to 2028 (By Value)
5.2.4. North America Krypton Gas Market, by Application 2016 to 2028 (By Volume)
5.3. Europe Krypton Gas Market, by Country 2016 to 2028 (By Value)
5.4. Europe Krypton Gas Market, by Country 2016 to 2028 (By Volume)
5.2.1. Europe Krypton Gas Market, by Type 2016 to 2028 (By Value)
5.2.2. Europe Krypton Gas Market, by Type 2016 to 2028 (By Volume)
5.2.3. Europe Krypton Gas Market, by Application 2016 to 2028 (By Value)
5.2.4. Europe Krypton Gas Market, by Application 2016 to 2028 (By Volume)
5.5. Asia Pacific Krypton Gas Market, by Country 2016 to 2028 (By Value)
5.6. Asia Pacific Krypton Gas Market, by Country 2016 to 2028 (By Volume)
5.6.1. Asia Pacific Krypton Gas Market, by Type 2016 to 2028 (By Value)
5.6.2. Asia Pacific Krypton Gas Market, by Type 2016 to 2028 (By Volume)
5.6.3. Asia Pacific Krypton Gas Market, by Application 2016 to 2028 (By Value)
5.6.4. Asia Pacific Krypton Gas Market, by Application 2016 to 2028 (By Volume)
5.7. South America Krypton Gas Market, by Country 2016 to 2028 (By Value)
5.8. South America Krypton Gas Market, by Country 2016 to 2028 (By Volume)
5.8.1. South America Krypton Gas Market, by Type 2016 to 2028 (By Value)
5.8.2. South America Krypton Gas Market, by Type 2016 to 2028 (By Volume)
5.8.3. South America Krypton Gas Market, by Application 2016 to 2028 (By Value)
5.8.4. South America Krypton Gas Market, by Application 2016 to 2028 (By Volume)
5.9. South America Krypton Gas Market, by Country 2016 to 2028 (By Value)
5.10. South America Krypton Gas Market, by Country 2016 to 2028 (By Volume)
5.10.1. South America Krypton Gas Market, by Type 2016 to 2028 (By Value)
5.10.2. South America Krypton Gas Market, by Type 2016 to 2028 (By Volume)
5.10.3. South America Krypton Gas Market, by Application 2016 to 2028 (By Value)
5.10.4. South America Krypton Gas Market, by Application 2016 to 2028 (By Volume)

6. Competitive Index
6.1. Company Market Share Analysis

7. Company Profile
7.1 Air Products Inc.
7.1.1 Company Overview
7.1.2 Business Overview
7.1.3 Financial Information
7.1.4 Recent Developments
7.2 Air Liquide
7.2.1 Company Overview
7.2.2 Business Overview
7.2.3 Financial Information
7.2.4 Recent Developments
7.3 Messer Group GmbH
7.3.1 Company Overview
7.3.2 Business Overview
7.3.3 Financial Information
7.3.4 Recent Developments
7.4 Proton Gases
7.4.1 Company Overview
7.4.2 Business Overview
7.4.3 Financial Information
7.4.4 Recent Developments
7.5 Linde plc
7.5.1 Company Overview
7.5.2 Business Overview
7.5.3 Financial Information
7.5.4 Recent Developments
7.6 Universal Industrial Gases, Inc.
7.6.1 Company Overview
7.6.2 Business Overview
7.6.3 Financial Information
7.6.4 Recent Developments
7.7 Cryoin Engineering Limited
7.7.1 Company Overview
7.7.2 Business Overview
7.7.3 Financial Information
7.7.4 Recent Developments
7.8 BASF SE
7.8.1 Company Overview
7.8.2 Business Overview
7.8.3 Financial Information
7.8.4 Recent Developments
7.9 Medical-Technical Gases, Inc.
7.9.1 Company Overview
7.9.2 Business Overview
7.9.3 Financial Information
7.9.4 Recent Developments
7.10 Dakota Gasification Co.
7.10.1 Company Overview
7.10.2 Business Overview
7.10.3 Financial Information
7.10.4 Recent Developments
7.11 Hema Gases
7.11.1 Company Overview
7.11.2 Business Overview
7.11.3 Financial Information
7.11.4 Recent Developments
8. Research Methodology

Figure: 01 Global Krypton Gas Market Value (US$ Mn), 2016-2028
Figure: 02 Key Trends
Figure 03: Global Revenue of the Building Efficiency Market, 2016-2020
Figure 04: Porter’s Analysis
Figure 05: PEST Analysis
Figure 06: Market Investment Feasibility Analysis
Figure 07: Global Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 08: Global Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 09: Global Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 10: Global Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 11: Global Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 12: Global Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 13: Global Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 14: Global Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 15: Global Krypton Gas Market Value $Mn , By Region, 2017-2027
Figure 16: Global Krypton Gas Y-O-Y Growth Rate, By Region, 2021-2027
Figure 17: Global Krypton Gas Market Volume (Liter) , By Region, 2017-2027
Figure 18: Global Krypton Gas Y-O-Y Growth Rate, By Region, 2021-2027
Figure 19: North America Krypton Gas Market Value $Mn , By Country, 2017-2027
Figure 20: North America Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 21: North America Krypton Gas Market Volume (Liter) , By Country, 2017-2027
Figure 22: North America Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 23: North America Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 24: North America Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 25: North America Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 26: North America Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 27: North America Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 28: North America Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 29: North America Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 30: North America Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 31: Europe Krypton Gas Market Value $Mn , By Country, 2017-2027
Figure 32: Europe Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 33: Europe Krypton Gas Market Volume (Liter) , By Country, 2017-2027
Figure 34: Europe Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 35: Europe Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 36: Europe Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 37: Europe Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 38: Europe Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 39: Europe Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 40: Europe Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 41: Europe Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 42: Europe Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 43: Asia Pacific Krypton Gas Market Value $Mn , By Country, 2017-2027
Figure 44: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 45: Asia Pacific Krypton Gas Market Volume (Liter) , By Country, 2017-2027
Figure 46: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 47: Asia Pacific Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 48: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 49: Asia Pacific Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 50: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 51: Asia Pacific Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 52: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 53: Asia Pacific Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 54: Asia Pacific Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 55: South America Krypton Gas Market Value $Mn , By Country, 2017-2027
Figure 56: South America Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 57: South America Krypton Gas Market Volume (Liter) , By Country, 2017-2027
Figure 58: South America Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 59: South America Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 60: South America Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 61: South America Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 62: South America Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 63: South America Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 64: South America Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 65: South America Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 67: Middle East & Africa (MEA) Krypton Gas Market Value $Mn , By Country, 2017-2027
Figure 68: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 69: Middle East & Africa (MEA) Krypton Gas Market Volume (Liter) , By Country, 2017-2027
Figure 70: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Country, 2021-2027
Figure 71: Middle East & Africa (MEA) Krypton Gas Market Value $Mn , By Type, 2017-2027
Figure 72: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 73: Middle East & Africa (MEA) Krypton Gas Market Volume (Liter) , By Type, 2017-2027
Figure 74: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Type, 2021-2027
Figure 75: Middle East & Africa (MEA) Krypton Gas Market Value $Mn , By Application, 2017-2027
Figure 76: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 77: Middle East & Africa (MEA) Krypton Gas Market Volume (Liter) , By Application, 2017-2027
Figure 78: Middle East & Africa (MEA) Krypton Gas Y-O-Y Growth Rate, By Application, 2021-2027
Figure 79: Company Market Share Analysis, 2020
Figure 80: Sales Outlook (US$ Mn), 2016-2020
Figure 81: % Market Share, by Business Segment, 2020
Figure 82: Sales Outlook (US$ Mn), 2016-2020
Figure 83: % Market Share, by Business Segment, 2020
Figure 84: Sales Outlook (US$ Mn), 2016-2020
Figure 85: % Market Share, by Business Segment, 2020
Figure 86: Sales Outlook (US$ Mn), 2016-2020
Figure 87: % Market Share, by Business Segment, 2020
Figure 88: Sales Outlook (US$ Bn), 2016-2020
Figure 89: % Market Share, by Business Segment, 2020