The global market for krypton-xenon, an industrial gas used in various high-tech applications, was worth 587.05 million U.S. dollars in 2021. However, by 2027, it is projected to decline to 292.73 million U.S. dollars, showing a significant drop of more than 50 percent. This is due to the challenges and restraints faced by the krypton-xenon market, such as limited availability, high cost, environmental impact, and competition from alternative technologies.
Market value of krypton-xenon worldwide in 2021 with a forecast for 2027
(in million U.S. dollars)
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360 Research Reports. (February 1, 2021). Market value of krypton-xenon worldwide in 2021 with a forecast for 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/
360 Research Reports. "Market value of krypton-xenon worldwide in 2021 with a forecast for 2027 (in million U.S. dollars)." Chart. February 1, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/
360 Research Reports. (2021). Market value of krypton-xenon worldwide in 2021 with a forecast for 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/
360 Research Reports. "Market Value of Krypton-xenon Worldwide in 2021 with a Forecast for 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/
360 Research Reports, Market value of krypton-xenon worldwide in 2021 with a forecast for 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/ (last visited December 21, 2024)
Market value of krypton-xenon worldwide in 2021 with a forecast for 2027 (in million U.S. dollars) [Graph], 360 Research Reports, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/933188/global-market-value-krypton-xenon/
