Research Nester’s recent market research analysis on “Rare Gas Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and a detailed overview of the global rare gas market in terms of market segmentation by type, end use industry, function, and by region.
Rising Demands for Rare Gases in Manufacturing to Promote Global Market Share of Rare Gas Market
The global rare gas market is poised for profitable growth owing to rising demands for rare gases in manufacturing segments of various sectors. Rare gases such as xenon and argon are in demand for the manufacturing of electronic components while the healthcare sector is boosting demands for helium. Additionally, the market is poised to benefit from the growth of the semiconductor industry as argon plays a vital role in plasma etching processes.
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The market is positioned to benefit from a robust global supply chain that has achieved stability after geopolitical tensions caused disruptions, owing to the emergence of Qatar as a leading supplier of rare gases other than argon globally. The Observatory of Economic Complexity estimated Qatar to lead the global rare gases export with a valuation of around USD 892 million in 2022. The rare gases market is positioned to leverage large-scale demands from the Asia Pacific region in the next decade owing to the semiconductor race in APAC countries and continue to boost its revenue share.
Growth Drivers:
• Rising demand for high-purity gases
• Growing advancements in 3D printing
Challenges:
The sector can face challenges of price volatility owing to the finite availability of the gases and the impact of geopolitical factors. The extraction of rare gases is a complex process adding to the costs of production. Additionally, long-distance transportations require specialized cryogenic containers that can add to the costs of transportation over long distances.

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By type, the argon gas segment sector is poised to register the largest revenue share by the end of 2037. The segment’s growth is owed to rising demands in the welding industry owing to argon’s ability to prevent oxidation. Additionally, the segment is poised to find long-term demands in APAC with growing industrialization and manufacturing activities in the region.
By region, the North America rare gas sector is poised to register the largest revenue share by the end of 2037. The region’s robust growth is attributed to large-scale production of helium in the U.S. and Canada. The region is additionally set to benefit from a robust supply chain that is poised to cater to rising demands from the aerospace industry. In October 2024, Weil Group announced the commencement of helium production from the New Alberta facility.
This report also provides the existing competitive scenario of some of the key players of the market i.e., Linde, Air Liquide SA, Air Products & Chemicals, BASF SE, Dakota Gasification Co., Matheson & Air Products, Airgas Inc., American Gas Products, Iwatani Corporation, and others.
Access our detailed report at: https://www.researchnester.com/reports/rare-gas-market/6662
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