The supply and demand imbalance in the global rare gas market has made my country one of the world’s major suppliers.

Rare gases are Group 0 elements on the periodic table. Since the outer layer is completely filled with electrons, they exist in the form of colorless and odorless gases at normal temperatures and pressures. The rare gases mainly include seven types: helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), radon (Rn) and the artificial element gas Og (Og). Due to their unique properties, rare gases are often used as conductive inert media of mass, heat and light in electronic manufacturing, aerospace, medical equipment and other fields.

Electronic manufacturing is the main application field of rare gases (neon, krypton, xenon). In 2020, the global neon, krypton, and xenon industry output was about 830ML, and electronic rare gases accounted for more than 70%. After years of development and accumulation, my country has become one of the world’s major suppliers of rare gases. In 2021, my country’s rare gases are mainly exported to South Korea, Japan, Europe and the United States and other countries and regions. Among them, neon and xenon are mainly exported to South Korea, and krypton is mainly exported. To Japan.

my country’s rare gases have achieved breakthroughs in purification technology, and the production process has become more mature. At this stage, our country has fully mastered the rare gas refining technology. According to the “2022-2027 Rare Gas Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center, my country Rare gas production companies mainly include Hangyang Co., Ltd., Yingde Gas Group, Baowu Clean Energy, Baorite Gas and other companies. my country is a major steel producer and has strong rare gas production potential. At the same time, in 2022, multiple krypton and xenon refining projects and natural gas BOG helium extraction projects will be launched domestically, which will provide guarantee for the supply of rare earths in my country.

Rare gases are scarce resources and are scattered around the world. They are usually transported by cylinders, liquid tankers, ISO storage tanks, etc. The transportation cost is directly related to the value of rare gases. In recent years, due to the rapid development of the electronic manufacturing industry, the market demand for rare gases has increased significantly. However, due to the imbalance between supply and demand, the market prices of rare gases have increased steadily.

Entering 2022, due to the low operating rate of upstream devices and insufficient raw gas production, my country’s rare gas market supply continues to be tight, and prices continue to remain high and stable. As of January 20, 2022, the market price of high-purity helium is 2,280 yuan/ Bottles around, the market price of high-purity neon gas is 2,160 yuan/cubic meter, and the market price of high-purity xenon gas reaches more than 320,000 yuan/cubic meter.

Industry analysts said that rare gases have unique properties and are widely used in electronic manufacturing, aerospace and other fields. Due to scarcity of resources and rising market demand, the global rare gas market is in tight supply. Thanks to breakthroughs in purification and refining technology, my country has now become one of the world’s major suppliers of rare gases. As relevant domestic projects come into operation, my country’s rare gas supply capacity will be further improved. Against this background, the probability of rare gas price surges due to the imbalance between supply and demand may be lower than in previous years.