IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Noble & Elemental Gases procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Noble & Elemental Gases - Recent Price Trend

In the three years to 2017, the average price of noble and elemental gases has been rising at an estimated annualized rate of 1.6%. Price growth is primarily the result of increased demand. Fortunately, price growth has been stable during the period.Noble and elemental gases are used in a number of industrial processes and products, from welding to manufacturing semiconductors and automobiles...

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Noble & Elemental Gases - Total Cost of Ownership

The total cost of ownership for noble and elemental gases is medium and largely dependent on the supply mode. Buyers that secure a packaged contract are often responsible for the cost of cylinders. Cylinder costs vary based on size, but average about $150 per unit. Even after the initial purchase, buyers will have to pay a fee for refill or tank exchange. Exchange is typically preferred over a...

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About this Report

This report is intended to assist buyers of noble and elemental gases, also known as rare or atmospheric gases. Under standard conditions for temperature and pressure, noble gases are colorless and odorless with low chemical reactivity. Noble gases include radon, neon, argon, krypton, xenon and helium. Pure and elemental gases include hydrogen, nitrogen, oxygen, sulfur and bromine. A number of industrial processes require noble and elemental gases, including cryogenics, welding, lighting and process controls. These gases are available through manufacturers and wholesalers. This report excludes industrial use gases such as ammonia, industrial air, chlorinated mixed gases and carbon dioxide.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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