Global Xenon Sales Will Increase To 17.55 K Cu.M In 2018 From 14.35 K Cu.M In 2013, At A CAGR Of 4.1%
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Xenon is classified into the following grade: High Purity Xenon (≥99.999%, 5N+) and Common Purity Xenon (＜99.999%, 5N-) in the report. High Purity Xenon is the most type at present. The Xenon is mainly used for Semiconductor Industry, PDP Backlighting, Lightings, Medical Applications and other applications. Lightings and Semiconductor are the most key use of Xenon.
The global sales of Xenon will increase to 17.55 K Cu.m in 2018 from 14.35 K Cu.m in 2013, at a CAGR of 4.1%. In 2017, the global Xenon market is led by West Europe, capturing about 34.44% of global Xenon sales. North America is the second-largest country market with about 22% global Share. East Europe is followed by 15% while China took about 11% respectively in 2017.
The global Xenon market that was valued at 139.48 million USD in 2013 and is estimated to be worth 211.55 million USD by the end of 2018. The market went up in the past years leading by the market demand.
Xenon market changed in the past few years in China, the average price of Xenon decreased in 2014 to 2015, and it goes up in the end of 2016 and will maintain this trend. It is said that some of the price from leading vendors rises by about 3-8% in China. Chinese market is not so stable because it is a key importer in the world.
Ukraine, Russia, France, Germany, USA, China and Japan are the leading producers in 2017 in the world, and Ukraine, Russia are the most important exporter, especially for China. About 70% of the Xenon is made by Europe, while 20% are by the USA in 2017.
Currently, Air Liquide, Iceblick, Praxair, Linde Group, Chromium, Air Product, Messer Group, Cryogenmash, Air Water, Coregas and Wisco Gases are the wellknown players in the global Xenon market, and the top 4 players took up about 65% of the global market in 2017. Most of the producers are from Europe and USA. There are also some other small producers in Japan, Australia, China, etc.