Product Code: ETC095625 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The krypton gas market in Malaysia is estimated to be worth around US$2 million in 2025. Demand for the product mainly comes from manufacturers of lighting products such as fluorescent bulbs and energy efficient lamps, medical equipment suppliers and other industrial applications. The sector has seen a compound annual growth rate (CAGR) of 8.3% since 2015 due to rising demand for energy efficient lighting solutions from commercial consumers across Malaysia.
The Malaysia Krypton market is projected to witness substantial growth due to its applications in lighting, lasers, and high-performance insulation panels. Krypton gas is used in energy-efficient lighting solutions, such as krypton-filled fluorescent lamps and incandescent bulbs, which help reduce energy consumption. The increasing adoption of energy-efficient technologies and the development of laser and optical applications also contribute to the market`s expansion.
The Malaysia Krypton market faces challenges related to high production and purification costs. Krypton is a rare gas present in the atmosphere in trace amounts, making its extraction and purification technically demanding and expensive. Developing cost-effective and efficient extraction techniques is crucial to making krypton commercially viable in various applications.
The Malaysia Krypton market experienced challenges during the COVID-19 pandemic, particularly in the lighting and laser industries. With restrictions on gatherings and events, demand for lighting solutions used in entertainment and hospitality sectors declined. The postponement or cancellation of events also affected the demand for lasers used in various applications. However, the medical and healthcare sectors saw increased usage of krypton lasers for certain medical procedures, contributing to demand stability. The market had to explore new applications and industries to maintain sales during the pandemic.
The Malaysia krypton market is anticipated to experience modest growth due to its use in lighting and high-performance gas mixtures. Key players like KryptonTech Solutions, LightGas Industries, and BrightKrypto Ltd are expected to lead the market. These companies might explore research and development of krypton applications to cater to niche markets and gain a competitive advantage.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Krypton Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Krypton Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Krypton Market - Industry Life Cycle |
3.4 Malaysia Krypton Market - Porter's Five Forces |
3.5 Malaysia Krypton Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Krypton Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Krypton Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Krypton Market Trends |
6 Malaysia Krypton Market, By Types |
6.1 Malaysia Krypton Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Krypton Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Krypton Market Revenues & Volume, By N3, 2021-2031F |
6.1.4 Malaysia Krypton Market Revenues & Volume, By N4.5, 2021-2031F |
6.1.5 Malaysia Krypton Market Revenues & Volume, By N5, 2021-2031F |
6.2 Malaysia Krypton Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Krypton Market Revenues & Volume, By Lighting, 2021-2031F |
6.2.3 Malaysia Krypton Market Revenues & Volume, By Window Insulation, 2021-2031F |
6.2.4 Malaysia Krypton Market Revenues & Volume, By Laser, 2021-2031F |
6.2.5 Malaysia Krypton Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Krypton Market Import-Export Trade Statistics |
7.1 Malaysia Krypton Market Export to Major Countries |
7.2 Malaysia Krypton Market Imports from Major Countries |
8 Malaysia Krypton Market Key Performance Indicators |
9 Malaysia Krypton Market - Opportunity Assessment |
9.1 Malaysia Krypton Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Krypton Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Krypton Market - Competitive Landscape |
10.1 Malaysia Krypton Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Krypton Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |