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Noble gases market 2015 - 2019

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Hydrocarbon Engineering,

Research and Markets has announced the addition of the ‘Global Noble Gases Market 2015 - 2019’ report to their offering. The global noble gases market has been estimated to grow at a CAGR of 4.55% in terms of revenue over the period 2014 - 2019.

The global noble gases market 2015 - 2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market, and an extensive coverage on various noble gases, their extensive applications, distribution modes, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion on the key vendors operating in this market.

According to the report, the industrial growth is driven by rising demand for investment goods, intermediate goods, and consumer goods, particularly in the high growth economies of China, India, Brazil, South Africa, and Indonesia.

Also, the developed economies of the EU and the US are recovering from the slowdown in production driven by a federal stimulus and rising consumer confidence. Further, the report states that rapid evolution of substitutable technologies is severely challenging the prospects of usage of noble gases in several applications, limiting the growth of the market.

You can read the full report here

Adapted from press release by   Francesca Brindle

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