The Global Krypton Gas Market Is Expected To Reach US$ 172.2 Mn In 2022. With Demand Growing At A 5.3% CAGR By 2030.

Global Krypton Gas Market Overview:

Krypton gas is a rare gas that exists in very low concentrations in the air. Obtained using the Linde air separation process. Due to its physical properties, krypton gas accumulates along with xenon in liquid oxygen at the bottom of the rectifying column.

Krypton gas has high insulating properties. When used in energy-efficient windows, the heat dissipation rate is high. Krypton also has a low thermal conductivity, which increases the insulation effect.

Krypton gas is used as a filler gas in halogen bulbs, gas discharge tubes, and energy-saving bulbs in lighted billboards or billboards. Additionally, radioactive isotopes of krypton gas are primarily utilized as tracers for surface reaction studies and other applications such as semiconductor lithography manufacturing.

Krypton gas is also used as a filling material for insulating windows, lighting and lasers. Insulated windows are projected to be a major segment of the global krypton gas market owing to the rapid expansion of the global building and construction sector. Krypton gas is mainly used as a filler between flat glass plates mounted in insulating and sound-absorbing windows in the manufacture of insulating glass.

Krypton Gas market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Krypton Gas market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Krypton Gas Market Research:

Market Key Players:
Air Products and Chemicals, AIR WATER, Praxair Technology, BASF, The Linde Group, Ice blick, And Others.

By Type:

• Lighting, Satellites
• Research
• Laser mixtures
• PDP backlighting
• Other

By Application:

• Illumination
• Insulation
• Other

By Supply Mode:

• Cylinders
• Bulk & Micro Bulk
• Drum Tanks
• On-Site
• Other

By Region:

Total sales of krypton gas in the US market are expected to reach USD 36.1 million in 2022. Growth can be attributed to the development of advanced infrastructure projects such as smart cities, commercial and residential complexes, shopping malls, hospitals and universities.

These infrastructure facilities utilize optimal lighting using krypton gas. Increasing government-sponsored investments in the construction sector will continue to bolster the growth of the US market.

The Chinese market is expected to grow at a CAGR of 6% during the assessment period and holds a dominant share of the East Asian krypton gas market. China is a manufacturing powerhouse, one of the world's top producers of automotive, infrastructure development, manufacturing and several other important krypton gas end-use industries. This will continue to increase the demand for krypton gas over the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Krypton Gas Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 5.28% from 2022 to 2030.
By Type	Lighting, Satellites, Research & Others, Laser mixtures, PDP backlighting
By Application	Illumination, Insulation
By Companies	Air Products and Chemicals, AIR WATER, Praxair Technology, BASF, The Linde Group, Ice blick
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Crucial Points from this Krypton Gas Market Report

• Estimate Krypton Gas market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Krypton Gas market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Krypton Gas market?

The Krypton Gas Market is growing at a CAGR of 5.28% During Forecast Period.

What are the key types of Krypton Gas market?

Lighting, Satellites, Research & Others, Laser mixtures, PDP backlighting

What are the key applications of Krypton Gas market?

Illumination, Insulation                                                              

Who are the key players in Krypton Gas market?

Air Products and Chemicals, AIR WATER, Praxair Technology, BASF, The Linde Group, Ice blick, and others.