| Product Code: ETC6359312 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to rely heavily on imports of noble gases, with top exporting countries being Netherlands, Austria, Germany, Metropolitan France, and Poland. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline, with a compound annual growth rate (CAGR) of -7.69% from 2020 to 2024. The growth rate from 2023 to 2024 was even more pronounced at -28.51%, suggesting a challenging year for noble gas imports in Belgium.

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 Belgium Noble Gas Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Noble Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Noble Gas Market - Industry Life Cycle |
3.4 Belgium Noble Gas Market - Porter's Five Forces |
3.5 Belgium Noble Gas Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Noble Gas Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Noble Gas Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Belgium Noble Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for noble gases in various industries such as healthcare, electronics, and manufacturing. |
4.2.2 Technological advancements leading to new applications of noble gases. |
4.2.3 Growing focus on sustainable and eco-friendly practices, driving the adoption of noble gases as alternatives to harmful chemicals. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in noble gas production. |
4.3.2 Strict regulations and environmental policies impacting the supply chain and production processes. |
4.3.3 Intense competition from substitute gases and technologies. |
5 Belgium Noble Gas Market Trends |
6 Belgium Noble Gas Market, By Types |
6.1 Belgium Noble Gas Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Noble Gas Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Noble Gas Market Revenues & Volume, By Helium, 2021- 2031F |
6.1.4 Belgium Noble Gas Market Revenues & Volume, By Krypton, 2021- 2031F |
6.1.5 Belgium Noble Gas Market Revenues & Volume, By Argon, 2021- 2031F |
6.1.6 Belgium Noble Gas Market Revenues & Volume, By Neon, 2021- 2031F |
6.1.7 Belgium Noble Gas Market Revenues & Volume, By Xenon, 2021- 2031F |
6.1.8 Belgium Noble Gas Market Revenues & Volume, By Radioactive Radon, 2021- 2031F |
6.2 Belgium Noble Gas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Noble Gas Market Revenues & Volume, By Picture Projection, 2021- 2031F |
6.2.3 Belgium Noble Gas Market Revenues & Volume, By Anesthetic, 2021- 2031F |
6.2.4 Belgium Noble Gas Market Revenues & Volume, By Welding, 2021- 2031F |
6.2.5 Belgium Noble Gas Market Revenues & Volume, By Insulation, 2021- 2031F |
6.2.6 Belgium Noble Gas Market Revenues & Volume, By Lighting, 2021- 2031F |
6.2.7 Belgium Noble Gas Market Revenues & Volume, By Television Tubes, 2021- 2031F |
6.2.8 Belgium Noble Gas Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Belgium Noble Gas Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Belgium Noble Gas Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Belgium Noble Gas Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3.3 Belgium Noble Gas Market Revenues & Volume, By Mining, 2021- 2031F |
6.3.4 Belgium Noble Gas Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Belgium Noble Gas Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.6 Belgium Noble Gas Market Revenues & Volume, By Construction, 2021- 2031F |
6.3.7 Belgium Noble Gas Market Revenues & Volume, By Energy and Power, 2021- 2031F |
7 Belgium Noble Gas Market Import-Export Trade Statistics |
7.1 Belgium Noble Gas Market Export to Major Countries |
7.2 Belgium Noble Gas Market Imports from Major Countries |
8 Belgium Noble Gas Market Key Performance Indicators |
8.1 Research and development investment in noble gas technologies. |
8.2 Adoption rate of noble gases in emerging industries. |
8.3 Number of patents filed for new noble gas applications. |
8.4 Carbon footprint reduction achieved through the use of noble gases in various sectors. |
8.5 Customer satisfaction and loyalty towards noble gas products and solutions. |
9 Belgium Noble Gas Market - Opportunity Assessment |
9.1 Belgium Noble Gas Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Noble Gas Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Noble Gas Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Belgium Noble Gas Market - Competitive Landscape |
10.1 Belgium Noble Gas Market Revenue Share, By Companies, 2024 |
10.2 Belgium Noble Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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