Thailand Neon Gas Market (2025-2031) Outlook | Industry, Analysis, Value, Size, Revenue, Growth, Trends, Companies, Share & Forecast

Thailand Neon Gas Market Synopsis

The neon gas market in Thailand is estimated to have been valued at THB 1.51 billion (USD 49 million) in 2025, representing a CAGR of 12.3%. Factors contributing to this strong growth include increased demand for industrial gases such as neon gas used for various applications including welding and lighting, along with government initiatives aimed at promoting renewable energy sources such as hydrogen fuel cells which use neon gas as an electrolyte medium.

Drivers of the Market

In the Thailand neon gas market, the signage and lighting industries play a crucial role in driving demand. Neon gas is widely used in illuminated signs, displays, and decorative lighting due to its vibrant colors and high visibility. Additionally, advancements in lighting technologies have led to the development of energy-efficient neon alternatives, contributing to the adoption of neon gas for artistic and commercial applications. The market`s growth is also influenced by urbanization, increased advertising efforts, and the need for distinctive visual branding.

Challenges of the Market

In the Thailand neon gas market, a challenge arises from the emergence of LED (light-emitting diode) technology as a popular and energy-efficient lighting solution. Neon gas, traditionally used for vibrant signage and decorative lighting, faces competition from LEDs that offer longer lifespans and lower energy consumption. Market players need to find ways to position neon gas as a unique and artistic lighting choice while addressing concerns related to energy efficiency and sustainability.

COVID-19 Impact on the Market

The Thailand neon gas market, crucial for signage, lighting, and scientific applications, faced challenges stemming from the Covid-19 pandemic. Lockdowns, reduced commercial activities, and social distancing measures affected the demand for neon signs and lighting installations in commercial and entertainment establishments. The postponement of events and exhibitions also influenced the use of neon lighting for promotional purposes. However, as businesses explored innovative ways to engage with customers and virtual events gained traction, the market showcased its adaptability. The market`s recovery relied on the revival of business activities, increased emphasis on digital marketing, and the gradual return of public gatherings.

Key Players in the Market

Notable participants in the Thailand neon gas market encompass NeonTech Industries, ThaiNeon Ltd., and LuminaGases Corporation. These companies specialize in producing and supplying neon gas used in lighting and signage applications. Their expertise in gas purification and neon technology contributes to their importance in the market.

Key Highlights of the Report:

• Thailand Neon Gas Market Outlook
• Market Size of Thailand Neon Gas Market, 2024
• Forecast of Thailand Neon Gas Market, 2031
• Historical Data and Forecast of Thailand Neon Gas Revenues & Volume for the Period 2021-2031
• Thailand Neon Gas Market Trend Evolution
• Thailand Neon Gas Market Drivers and Challenges
• Thailand Neon Gas Price Trends
• Thailand Neon Gas Porter's Five Forces
• Thailand Neon Gas Industry Life Cycle
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Low for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By High for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Ultra High for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Semiconductor for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By LCD for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Imaging and Lighting for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Refrigerator for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Laser for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Medical for the Period 2021-2031
• Historical Data and Forecast of Thailand Neon Gas Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Neon Gas Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Thailand Neon Gas Top Companies Market Share
• Thailand Neon Gas Competitive Benchmarking By Technical and Operational Parameters
• Thailand Neon Gas Company Profiles
• Thailand Neon Gas Key Strategic Recommendations