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Global Helium Industry Market Dynamics & Strategic Insights 2021-2030
Helium is the second component on the periodic table. It is a chemically inert gas that liquefies at a temperature lower than many elements. It has the highest specific heat capacity of any gaseous element and is used for different purposes including magnet resonance imaging (MRI), fiber optics and semiconductors, space launch vehicles, welding, and other purposes. It is used in LCD screen manufacturing for glass-tube sleeve making at higher temperatures. It has been used for the welding of specialty metals due to its high heat capacity and chemical inertness. It is used as a coolant for MRI technology. The helium has ionization potential and produces a hotter arc at higher voltages. It can be useful on aluminum, magnesium, and copper alloys.
Global Helium Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Gaseous Helium, Liquid Helium) Application (Cryogenics, Aerostatics, Semiconductor & Fiber Optics, Leak Detection & Gas Chromatography, Welding, and Others) End-user (Healthcare, Electronics & Semiconductors, Aerospace, Defense, Energy & Power, and Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Helium Market wаѕ vаluеd аt UЅD 4,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.6% frоm 2021 tо 2030.
The report on Global Helium Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Helium Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Helium Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Helium Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Helium Market.
Market Dynamics:
Increasing investments in research and development (R&D) for helium-based devices is a key factor expected to drive the growth of the global helium market. Moreover, the Increasing demand for helium from the electronics and semiconductor industry where it is used in the manufacturing of LED screens is another factor expected to drive the growth of the global market during the forecast period. The growing trend of helium application in nuclear power plants, metal fabrication, and semiconductor production is becoming a top priority for manufacturers in the helium market.
However, the prices of helium have increased, and the shortage of helium has consistently increased its prices is expected to hamper the growth of the global Helium Market over the forecast period. Also, the depletion of existing sources and delay in new helium extraction projects, refinery equipment failures, geopolitical issues, and maintenance requirements at production facilities are major factors hampering the supply of helium across the globe.
Segmental Analysis:
Among the type segments, the gaseous helium segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the demand for gaseous is driven by strong economic growth and the transition from coal-fired electric power.
Among the application segments, the cryogenics segment is projected to register significant revenue share in the global market, owing to many companies are innovating cryogenic turbines that provide the liquefaction of helium. Many companies in the helium ecosystem are increasing their capabilities to enhance the quality of cryogenic devices to cater to the needs of stakeholders in the aerospace industry.
Among the end-user segment, the healthcare segment is expected to dominate the global helium market. The aerospace segment is expected to register the highest CAGR in the global market, due to increasing efforts to discover deposits of helium-3 on the moon.
Regional Analysis:
Asia Pacific market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global market. This is attributed to rapid growth in end-user industries such as healthcare, electronics & semiconductors, and manufacturing in developing countries such as China, Japan, and India. Europe helium market is accounted for a large share of the global helium market, due to rising investments in manufacturing, aerospace, and healthcare end-user sectors; and development in aerospace and defense industries are likely to boost the demand for helium in the region. The North America helium market is projected to expand at a moderate pace during the forecast period.
Global Helium Market Segmentation:
Segmentation by Type:
• Gaseous Helium
• Liquid Helium
Segmentation by Application:
• Croygenics
• Aerostatics
• Semicconductor & Fiber Optics
• Leak Detection & Gas Chromatography
• Welding
• Others
Segmentation by End-user:
• Healthcare
• Electronics & Semiconductors
• Aerospace
• Defense
• Energy & Power
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Linde Plc.
Axcel Gases
Taiyo Nippon Sanso Corporation
Air Products and Chemicals, Inc.
Messer Group
Weil Group
Iwatani Corporation
Matheson Tri-Gas, Inc.
The Southern Gas Limited
Ellenbarrie Industrial Gases
US Gas
Air Liquide
North American Helium.
Global Helium Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Gaseous Helium, Liquid Helium) Application (Cryogenics, Aerostatics, Semiconductor & Fiber Optics, Leak Detection & Gas Chromatography, Welding, and Others) End-user (Healthcare, Electronics & Semiconductors, Aerospace, Defense, Energy & Power, and Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Helium Market wаѕ vаluеd аt UЅD 4,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.6% frоm 2021 tо 2030.
The report on Global Helium Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Helium Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Helium Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Helium Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Helium Market.
Market Dynamics:
Increasing investments in research and development (R&D) for helium-based devices is a key factor expected to drive the growth of the global helium market. Moreover, the Increasing demand for helium from the electronics and semiconductor industry where it is used in the manufacturing of LED screens is another factor expected to drive the growth of the global market during the forecast period. The growing trend of helium application in nuclear power plants, metal fabrication, and semiconductor production is becoming a top priority for manufacturers in the helium market.
However, the prices of helium have increased, and the shortage of helium has consistently increased its prices is expected to hamper the growth of the global Helium Market over the forecast period. Also, the depletion of existing sources and delay in new helium extraction projects, refinery equipment failures, geopolitical issues, and maintenance requirements at production facilities are major factors hampering the supply of helium across the globe.
Segmental Analysis:
Among the type segments, the gaseous helium segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the demand for gaseous is driven by strong economic growth and the transition from coal-fired electric power.
Among the application segments, the cryogenics segment is projected to register significant revenue share in the global market, owing to many companies are innovating cryogenic turbines that provide the liquefaction of helium. Many companies in the helium ecosystem are increasing their capabilities to enhance the quality of cryogenic devices to cater to the needs of stakeholders in the aerospace industry.
Among the end-user segment, the healthcare segment is expected to dominate the global helium market. The aerospace segment is expected to register the highest CAGR in the global market, due to increasing efforts to discover deposits of helium-3 on the moon.
Regional Analysis:
Asia Pacific market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global market. This is attributed to rapid growth in end-user industries such as healthcare, electronics & semiconductors, and manufacturing in developing countries such as China, Japan, and India. Europe helium market is accounted for a large share of the global helium market, due to rising investments in manufacturing, aerospace, and healthcare end-user sectors; and development in aerospace and defense industries are likely to boost the demand for helium in the region. The North America helium market is projected to expand at a moderate pace during the forecast period.
Global Helium Market Segmentation:
Segmentation by Type:
• Gaseous Helium
• Liquid Helium
Segmentation by Application:
• Croygenics
• Aerostatics
• Semicconductor & Fiber Optics
• Leak Detection & Gas Chromatography
• Welding
• Others
Segmentation by End-user:
• Healthcare
• Electronics & Semiconductors
• Aerospace
• Defense
• Energy & Power
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Linde Plc.
Axcel Gases
Taiyo Nippon Sanso Corporation
Air Products and Chemicals, Inc.
Messer Group
Weil Group
Iwatani Corporation
Matheson Tri-Gas, Inc.
The Southern Gas Limited
Ellenbarrie Industrial Gases
US Gas
Air Liquide
North American Helium.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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