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

Indonesia Neon Gas MarketSynopsis

Indonesia is one of the major markets in Asia for neon gas. Neon is used as a specialty gas mainly in lighting applications, due to its unique properties such as low power consumption and high luminosity. Growing demand from the semiconductor industry, medical equipment and advertising sector has been driving growth for neon gas market in Indonesia over recent years. The country currently holds around 25% of total global share for neon gas production and consumption.

Market Trends

In order to meet increasing demand from the semiconductor industry, there has been an increase in investment towards expansion of existing facilities by leading players operating in this space. In addition, rising popularity of neon displays among retail stores across India further fuels growth prospects for the Indonesia market during forecast period 2025-2031. Moreover, collaboration between various vendors offering customized solutions also supports adoption rate among consumers based on their specific requirements which boosts overall revenue generated from this segment within estimated period frame.

Market Drivers

The key factor driving growth of Indonesia neon gas market is growing industrialization coupled with rapid technological advancements taking place across various industries such as healthcare, automotive etc., This enables manufacturers to offer products incorporating advanced technology at competitive price points which further stimulates overall acceptance rate amongst buyers thus propelling revenue generated through sales witnessed over past few years. Additionally increased preference towards energy efficient products along with rise disposable income levels contributes significantly towards sustained momentum observed within forecast timeframe 2025-2031.

COVID-19 Impact on the Market

The COVID-19 pandemic has had a significant impact on the Indonesia neon gas market. Since March 2025, Indonesia economy has been facing a major recession leading to reduced demand for industrial and commercial applications. The restrictions imposed by the government to mitigate the spread of COVID-19 have further affected operations in several industries such as automobile, electronics manufacturing and medical equipment that use neon gas as raw material or end product. This has resulted in reducing overall demand for neon gas from these industries, consequently hampering its market growth during this period.

Challenges of the Market

The main challenge faced by the Indonesia Neon Gas Market is low availability of sources of natural gases like helium which are used in production of neon gases due to their high cost & lack of adequate infrastructure. Moreover, import regulations restrict imports from other countries thus creating supply constraints at times. Moreover, there is also competition from substitute materials which can be used instead of Neons Gases e.g LED lights etc., making it difficult for companies operating within this industry to gain competitive advantage over others.

Industry Key Players

Some key players operating in the Indonesia Neon Gas Market include PT Akzo Nobel Nv, PT Pertamina Persero (Perseroan Terbatas), PT Krakatau Steel (Perseroan Terbatas) ,PT Indorama Ventures Public Company Limited (IVL), Air Products and Chemicals Inc..

Key Highlights of the Report:

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