Global Noble Gases Market (Helium, Xenon, Neon, Krypton, and Argon) - Industry Analysis and Forecast by 2019

Albany, NY -- (SBWIRE) -- 11/30/2015 -- Noble gases form a minor component of the earth's atmosphere. Argon is the most abundantly available noble gas in the atmosphere, followed by helium and neon. Gases such as krypton and xenon are available in minute quantities, amounting to barely 0.00011% of air. Akin to oxygen and nitrogen, the noble gases are generally obtained through separation of air in Air Separation Units (ASUs) through methods such as liquefaction of gases and fractional distillation. Helium is generally trapped with natural gas with concentration of up to 7% in terms of volume. The gas is then extracted commercially using low temperature separation processes such as fractional distillation. Argon, xenon, neon and krypton are also obtained from the air through cryogenic separation and purification processes. Major air separation plants are the primary sources of noble gases in the market. Capacity addition of such plants and R&D for newer separation technologies is being undertaken in order to deal with increasing demand for noble gases.