
The global Xenon market size is predicted to grow from US$ 255 million in 2025 to US$ 386 million in 2031; it is expected to grow at a CAGR of 7.2% from 2025 to 2031.
Xenon is a chemical element with symbol Xe and atomic number 54. It is a colorless, dense, odorless noble gas found in the Earth's atmosphere in trace amounts. Although generally unreactive, xenon can undergo a few chemical reactions such as the formation of xenon hexafluoroplatinate, the first noble gas compound to be synthesized.
Global Xenon main players are Air Liquide, Iceblick, Praxair, Linde Group, etc. Top 3 companies hold a share above 64%. Europe is the largest market, with a share about 46%.
The “Xenon Industry Forecast” looks at past sales and reviews total world Xenon sales in 2024, providing a comprehensive analysis by region and market sector of projected Xenon sales for 2025 through 2031. With Xenon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Xenon industry.
This Insight Report provides a comprehensive analysis of the global Xenon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Xenon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Xenon market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Xenon and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Xenon.
This report presents a comprehensive overview, market shares, and growth opportunities of Xenon market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Purity Xenon
Common Purity Xenon
Segmentation by Application:
Electronics Industry
Optical Illumination
Aerospace
Health Care
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Air Liquide
Linde Group
Chromium
Air Product
Messer Group
Cryogenmash
Air Water
Coregas
Ingas
Cryoin
Baowu (Wisco Gases)
Hangyang
Shanghai Qiyuan
Kaimeite Gases
Key Questions Addressed in this Report
What is the 10-year outlook for the global Xenon market?
What factors are driving Xenon market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Xenon market opportunities vary by end market size?
How does Xenon break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Xenon Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Xenon by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Xenon by Country/Region, 2020, 2024 & 2031
2.2 Xenon Segment by Type
2.2.1 High Purity Xenon
2.2.2 Common Purity Xenon
2.3 Xenon Sales by Type
2.3.1 Global Xenon Sales Market Share by Type (2020-2025)
2.3.2 Global Xenon Revenue and Market Share by Type (2020-2025)
2.3.3 Global Xenon Sale Price by Type (2020-2025)
2.4 Xenon Segment by Application
2.4.1 Electronics Industry
2.4.2 Optical Illumination
2.4.3 Aerospace
2.4.4 Health Care
2.4.5 Others
2.5 Xenon Sales by Application
2.5.1 Global Xenon Sale Market Share by Application (2020-2025)
2.5.2 Global Xenon Revenue and Market Share by Application (2020-2025)
2.5.3 Global Xenon Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Xenon Breakdown Data by Company
3.1.1 Global Xenon Annual Sales by Company (2020-2025)
3.1.2 Global Xenon Sales Market Share by Company (2020-2025)
3.2 Global Xenon Annual Revenue by Company (2020-2025)
3.2.1 Global Xenon Revenue by Company (2020-2025)
3.2.2 Global Xenon Revenue Market Share by Company (2020-2025)
3.3 Global Xenon Sale Price by Company
3.4 Key Manufacturers Xenon Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Xenon Product Location Distribution
3.4.2 Players Xenon Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Xenon by Geographic Region
4.1 World Historic Xenon Market Size by Geographic Region (2020-2025)
4.1.1 Global Xenon Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Xenon Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Xenon Market Size by Country/Region (2020-2025)
4.2.1 Global Xenon Annual Sales by Country/Region (2020-2025)
4.2.2 Global Xenon Annual Revenue by Country/Region (2020-2025)
4.3 Americas Xenon Sales Growth
4.4 APAC Xenon Sales Growth
4.5 Europe Xenon Sales Growth
4.6 Middle East & Africa Xenon Sales Growth
5 Americas
5.1 Americas Xenon Sales by Country
5.1.1 Americas Xenon Sales by Country (2020-2025)
5.1.2 Americas Xenon Revenue by Country (2020-2025)
5.2 Americas Xenon Sales by Type (2020-2025)
5.3 Americas Xenon Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Xenon Sales by Region
6.1.1 APAC Xenon Sales by Region (2020-2025)
6.1.2 APAC Xenon Revenue by Region (2020-2025)
6.2 APAC Xenon Sales by Type (2020-2025)
6.3 APAC Xenon Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Xenon by Country
7.1.1 Europe Xenon Sales by Country (2020-2025)
7.1.2 Europe Xenon Revenue by Country (2020-2025)
7.2 Europe Xenon Sales by Type (2020-2025)
7.3 Europe Xenon Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Xenon by Country
8.1.1 Middle East & Africa Xenon Sales by Country (2020-2025)
8.1.2 Middle East & Africa Xenon Revenue by Country (2020-2025)
8.2 Middle East & Africa Xenon Sales by Type (2020-2025)
8.3 Middle East & Africa Xenon Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Xenon
10.3 Manufacturing Process Analysis of Xenon
10.4 Industry Chain Structure of Xenon
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Xenon Distributors
11.3 Xenon Customer
12 World Forecast Review for Xenon by Geographic Region
12.1 Global Xenon Market Size Forecast by Region
12.1.1 Global Xenon Forecast by Region (2026-2031)
12.1.2 Global Xenon Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Xenon Forecast by Type (2026-2031)
12.7 Global Xenon Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Air Liquide
13.1.1 Air Liquide Company Information
13.1.2 Air Liquide Xenon Product Portfolios and Specifications
13.1.3 Air Liquide Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Air Liquide Main Business Overview
13.1.5 Air Liquide Latest Developments
13.2 Linde Group
13.2.1 Linde Group Company Information
13.2.2 Linde Group Xenon Product Portfolios and Specifications
13.2.3 Linde Group Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Linde Group Main Business Overview
13.2.5 Linde Group Latest Developments
13.3 Chromium
13.3.1 Chromium Company Information
13.3.2 Chromium Xenon Product Portfolios and Specifications
13.3.3 Chromium Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Chromium Main Business Overview
13.3.5 Chromium Latest Developments
13.4 Air Product
13.4.1 Air Product Company Information
13.4.2 Air Product Xenon Product Portfolios and Specifications
13.4.3 Air Product Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Air Product Main Business Overview
13.4.5 Air Product Latest Developments
13.5 Messer Group
13.5.1 Messer Group Company Information
13.5.2 Messer Group Xenon Product Portfolios and Specifications
13.5.3 Messer Group Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Messer Group Main Business Overview
13.5.5 Messer Group Latest Developments
13.6 Cryogenmash
13.6.1 Cryogenmash Company Information
13.6.2 Cryogenmash Xenon Product Portfolios and Specifications
13.6.3 Cryogenmash Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Cryogenmash Main Business Overview
13.6.5 Cryogenmash Latest Developments
13.7 Air Water
13.7.1 Air Water Company Information
13.7.2 Air Water Xenon Product Portfolios and Specifications
13.7.3 Air Water Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Air Water Main Business Overview
13.7.5 Air Water Latest Developments
13.8 Coregas
13.8.1 Coregas Company Information
13.8.2 Coregas Xenon Product Portfolios and Specifications
13.8.3 Coregas Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Coregas Main Business Overview
13.8.5 Coregas Latest Developments
13.9 Ingas
13.9.1 Ingas Company Information
13.9.2 Ingas Xenon Product Portfolios and Specifications
13.9.3 Ingas Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Ingas Main Business Overview
13.9.5 Ingas Latest Developments
13.10 Cryoin
13.10.1 Cryoin Company Information
13.10.2 Cryoin Xenon Product Portfolios and Specifications
13.10.3 Cryoin Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Cryoin Main Business Overview
13.10.5 Cryoin Latest Developments
13.11 Baowu (Wisco Gases)
13.11.1 Baowu (Wisco Gases) Company Information
13.11.2 Baowu (Wisco Gases) Xenon Product Portfolios and Specifications
13.11.3 Baowu (Wisco Gases) Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Baowu (Wisco Gases) Main Business Overview
13.11.5 Baowu (Wisco Gases) Latest Developments
13.12 Hangyang
13.12.1 Hangyang Company Information
13.12.2 Hangyang Xenon Product Portfolios and Specifications
13.12.3 Hangyang Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hangyang Main Business Overview
13.12.5 Hangyang Latest Developments
13.13 Shanghai Qiyuan
13.13.1 Shanghai Qiyuan Company Information
13.13.2 Shanghai Qiyuan Xenon Product Portfolios and Specifications
13.13.3 Shanghai Qiyuan Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Shanghai Qiyuan Main Business Overview
13.13.5 Shanghai Qiyuan Latest Developments
13.14 Kaimeite Gases
13.14.1 Kaimeite Gases Company Information
13.14.2 Kaimeite Gases Xenon Product Portfolios and Specifications
13.14.3 Kaimeite Gases Xenon Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Kaimeite Gases Main Business Overview
13.14.5 Kaimeite Gases Latest Developments
14 Research Findings and Conclusion
*If Applicable.
