Helium Market Overview
A comprehensive analysis of the “Helium Market” has been provided by the Helium research company Maximise Market Research. Key business insights, demand analysis, pricing analysis, and a competitive landscape are all included in the report.
By 2029, the Helium Market is expected to reach US $25 billion, thanks to growth in the cryogenics segment. The report analyzes market dynamics by region and end-user industries.
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Helium Market Scope and Methodology:
An extensive study of market participants in the Helium market is provided in the report. It offers a thorough examination of the international, regional, national, and local Helium markets. The competition analysis section identifies key market participants from a variety of geographical areas and provides information on their revenue, financial condition, portfolio, and technological advancements. Based on certain criteria, a segment-by-segment analysis of the Helium market is carried out to identify the positive and negative market growth influences. The study provides projections for market size, growth rate, and present and future trends in the Helium market by analysing primary and secondary data sources. The market size estimation for various segments is validated using the bottom-up methodology. Both primary and secondary data are included in the report.
Utilising tools like SWOT analysis, PESTLE analysis, and Porter’s Five Forces analysis, both qualitative and quantitative research approaches are used. These analytical tools offer insightful data about the Helium market, including factors that are driving and inhibiting growth. Overall, the study helps investors, stakeholders, and market observers of the Helium market make wise decisions by acting as a thorough reference.
Helium Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Helium market status of various countries included in the report. The Helium market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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What is Helium Segmentation?
by Phase
Liquid
Gas
The worldwide helium market is divided into two categories based on phase: liquid phase and gas phase.
Due to the COVID-19 outbreak, which raised the number of patients impacted by the pandemic internationally, the liquid phase category dominated the market in 2022 and controlled the overall revenue market shares. The medical sector, which uses liquid helium to cool the super magnets in MRI scanners, is its main user.
by Application
Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other
The breathing mixes, cryogenics, lead detection, pressurising and purging, welding, controlled atmosphere, and others are the application-based divisions of the worldwide helium market.
As helium is used as a super coolant for cryogenic applications such as magnetic resonance imaging (MRI), nuclear magnetic resonance (NMR) spectroscopy, particle accelerators, the large hadron collider, superconducting quantum interference device (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs), the cryogenics segment was dominant and held 28% of the overall market share in terms of revenue in 2022.
by End-user
Industry Aerospace & Aircraft
Electronics & Semiconductors
Nuclear Power
Healthcare
Welding & Metal Fabrication
Other
The global helium market is divided into the following end-use industries: aerospace and aircraft, electronics and semiconductors, nuclear power, healthcare, weld and metal fabrication, and others.
In terms of revenue, the healthcare sector dominated the market in 2022, accounting for more than 34% of it. There are numerous uses for helium in the medical industry. Since it can chill MRI magnets to a temperature of -269° C, liquid helium is the best option. Helium is also used to keep track of breathing. It is a key component in the treatment of asthma, emphysema, and other breathing problems.
Who are Helium Key Players?
1.Air Products and Chemicals, Inc.
2. Air Liquide
3. Linde AG
4. Praxair, Inc.
5. Taiyo Nippon Sanso Corporation
6. Iwatani Corporation
7. Gulf Cryo
8. Messer Group
9. Qatar Gas Operating Company Limited
10. Global Gases
11. Matheson Tri-Gas Inc
12. ONEOK Inc.
13. Exxon Mobil Corporation
14. Polish Oil and Gas Company
15. Weil Group
16. Others
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Key questions answered in the Helium Market are:
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Helium Market?
- What major challenges could the Helium Market face in the future?
- What segments are covered in the Helium Market?
- Who are the leading companies and what are their portfolios in Helium Market?
- What segments are covered in the Helium Market?
- Who are the key players in the Helium market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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