The global demand for Helium Market is presumed to reach the valuation of nearly USD XX Mn by 2026 from USD XX in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Helium is colorless, odorless, non-corrosive and non-toxic gas. It is produced from natural gas by the treatment of vent gas in nitrogen rejection units. It is a vital factor in treating emphysema, asthma and other conditions that affect breathing. It is used as coolant for MRI and NMR technology. It is used for different purposes including MRI, fibre optics and semiconductors, welding and other purposes. Moreover, the extremely low boiling point of helium permits it to be selected for cryogenic experiments. The helium finds wide applications in electronics & semiconductors, manufacturing, healthcare, aerospace, and defense etc.
The demand for helium in the healthcare sector is increasing and is majorly dominated by rising demand for MRI scans. The rising demand for MRI and NMR scanning will fuel the helium market. MRI has also seen growing applications in cancer screening and neurology. The helium market is expected to grow in forecast period owing to factors such as blooming demands from electronics and semiconductor industry. Moreover, stringent government regulations regarding the use of helium and expensive extraction process will influence the growth of helium market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each type, application and end user segment in the global market of Helium.
The entire helium market has been sub-categorized into type, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
- Pressurizing and Purging
- Leak Detection
- Breathing Mixtures
- Electronics & Semiconductors
- Energy & Power
This section covers regional segmentation which accentuates on current and future demand for helium market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Helium Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the helium market include 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 and North American Helium. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization