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00.81.72.53.4USD Mn20222023202420252026
Others
Lighting
Semiconductors & Lasers
Chemicals & Materials
Global Rare Gases Market — Rest of MEA by Application
| Label | Neon | Xenon | Krypton |
|---|---|---|---|
| 2022 | 0.693685 USD Mn | 0.815092 USD Mn | 0.777595 USD Mn |
| 2023 | 0.745202 USD Mn | 0.890938 USD Mn | 0.829783 USD Mn |
| 2024 | 0.792942 USD Mn | 0.963912 USD Mn | 0.877505 USD Mn |
| 2025 | 0.841993 USD Mn | 1.038458 USD Mn | 0.926193 USD Mn |
| 2026 | 0.887697 USD Mn | 1.110066 USD Mn | 0.971122 USD Mn |
| 2027 | 0.935995 USD Mn | 1.184276 USD Mn | 1.018546 USD Mn |
| 2028 | 0.980358 USD Mn | 1.254291 USD Mn | 1.06178 USD Mn |
| 2029 | 1.025158 USD Mn | 1.325516 USD Mn | 1.105691 USD Mn |
| 2030 | 1.072461 USD Mn | 1.398547 USD Mn | 1.152171 USD Mn |
| 2031 | 1.120144 USD Mn | 1.472416 USD Mn | 1.199396 USD Mn |
| 2032 | 1.165054 USD Mn | 1.540636 USD Mn | 1.243646 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The South Africa by Gas Type portion of the Global Rare Gases Market market is on a steady long-term growth path. Segment value stands at roughly USD 3 Million in 2026 and is projected to reach USD 4 Million by 2032 — a gain of about 33% over the forecast period, translating to a CAGR in the mid-single digits.
- What the regional split looks like (2026): Xenon leads, holding roughly 37% of segment value — the single largest regional share. Krypton is the second-largest contributor. Neon make up the remainder, in descending order.
- By 2032, Xenon alone is expected to reach USD 2 Million, with Krypton at USD 1 Million.
Market Dynamics
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