Get the latest insights on price movement and trend analysis of Neon Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Neon Gas Price Trend for First Half of 2023
In the first and second quarter of 2023, the Neon gas costs for wafer fabrication of semiconductor manufacturing started to decline. As a result of Russia's invasion of Ukraine, which constrained the supply chains, led to the weak purchasing potential of buyers and, in turn, caused the buildup of the levels of inventories. However, the usage of neon gas in lasers employed in healthcare, sensors, and defense equipment supported the prices of neon gas in the first two quarters of 2023.
The ongoing Russian invasion of Ukraine has had an impact on manufacturing and supply chains, and as a result, the price trend of gas inclined with low supply. In response to the limited availability of neon gas in global markets, several businesses were forced to expand their manufacturing capabilities in an effort to replenish the neon gas supply. However, due to the depletion of inventories, the employers of neon gas moved to several other cheaper alternatives, such as argon, which hampered the growth of the neon gas price trend.
According to Procurement Resource, the price of Neon Gas is estimated to oscillate with fluctuations in the automotive sectors and the high availability of cheaper alternatives.
Procurement Resource provides latest prices of Neon Gas. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Neon Gas is a colourless, odourless, tasteless inert gas lighter than air and trapped in the earth's crust. The neon gas emits bright orange-red light on passing electricity through it under lower pressures, and this property is useful in making neon signs and fluorescent conduction lamps.
|Product Name||Neon Gas|
|Industrial Uses||Neon signs for advertising, high voltage indicators, switching gears, lightning arresters, lasers, diving equipment|
|Molecular Weight||20.183 g/mol|
|Supplier Database||Coregas , Airgas Linde Group, Parxair ,Iceblick , Messer Group, Air Water, Air Products, Baosteel, Air Liquide, Wuhan Steel Group, INGAS, Matheson, Tri-gasT|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The liquefaction of air produces neon gas. The air is composed of various elements, including neon, in minute quantities; when liquified, the other elements are separated using fractional distillation, producing neon.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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