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Global Noble Gases Market Is Expected to Reach 202.2 billion liters by 2019

Transparency Market Research has released a new market report titled “ Noble Gases (Helium, Xenon, Neon, Krypton, and Argon) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.”  According to the report, the global noble gases market was estimated to be 179.2 billion liters in 2012 and is expected to reach 202.2 billion liters by 2019, growing at a CAGR of 1.74% from 2013 to 2019. Rising demand for energy efficient lighting solutions, impending and enacted energy efficient building codes are thereby generating the demand for insulated windows supplemented by rising health concerns are likely to attribute the overall market growth in the coming two to four years. Price fluctuations owing to economic instability coupled with utilization of alternate gases such as nitrogen and hydrogen are some of the key challenges to the market growth. Proliferation of new technologies across the world is likely to generate new opportunities for the mark...