Neon Gas Prices, Trends & Forecasts | Provided by Procurement Resource

Neon Gas is a noble gas element that is inert in nature. It is a colorless gas, which is odorless as well as tasteless. The Neon Gas comprises only one element, i.e., neon which is an element that belongs to group 18 in the periodic table. The gas is lighter than air and occurs in a very less quantity in the earth’s atmosphere or is trapped within the earth’s crust. The melting and boiling points of neon measure around -248.6° C and -246° C, respectively. It is extracted from the atmosphere and commercially prepared by the cryogenic fractional distillation of liquified air.

Neon turns into a liquid at a certain temperature and radiates a bright orange red-light at low pressure when an electric current passes through it. This feature of Neon Gas is utilized in producing fluorescent or gaseous conduction lamps and high-voltage testers.

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The key importing countries that import Neon Gas are the United States, India, and China. On the other hand, the key exporting countries are the United States, the United Kingdom, and China.

Key Details About the Neon Gas Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Neon Gas price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Neon Gas Price Trend, including India Neon Gas price, USA Neon Gas price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Neon Gas Price Trend:

Price Trend Image 7Neon Gas (Ne) is one of the lightest weight gases, used primarily to manufacture fluorescent lamps, discharge tubes, and conduction lamps. The gas is a cost-effective alternative to helium, which is used as a refrigerant, with a cooling capacity three times higher than helium gas.

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Moreover, Neon Gas is used in the display boards, such as street hoardings, traffic lights, road lights, TV tubes, etc., that light up and can be seen from a distance. It is used with various other gases to give different colors of light emitting from these display boards or lamps. It is also used in high voltage indicators, lighting arresters, meter tubes, locomotive lighting, biological specimens, plasma screens, and other electronic gadgets such as laser lights.

Key Players:

  • Coregas
  • Airgas Linde Group
  • Parxair
  • Iceblick
  • Messer Group
  • Air Water
  • Air Products
  • Baosteel,
  • Air Liquide
  • Wuhan Steel Group
  • Matheson
  • Tri-gasT

News & Recent Development

  • Date: January 3, 2023- Neon Gas witnessed a price drop and marked around 5 million won per 47 liters due to the South Korean chipmakers’ increased use of local gas vendors after a high-priced schedule during the Russia-Ukraine war.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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