Helium Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Helium Market The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Helium market, with forecasts outspreading to the year 2030.
Helium Market CAGR Estimation:
The rise in the cryogenics category is predicted to propel the helium market to a projected US $27.06 billion by 2030. The report examines end-user industries and market dynamics by region.
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Helium Market Scope and Methodology:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study’s main objective is to provide a comprehensive picture of the Helium market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify Helium market trends, so gathering and processing data is crucial.
By carefully examining the situation of buyer-direct, R&D initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. Helium Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
Helium Market Regional Insights
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Helium market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Helium , are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
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Helium Market Segmentation
by Phase
Liquid
Gas
The liquid phase and gas phase segments make up the worldwide helium market. Due to the COVID-19 pandemic, which increased the number of patients infected worldwide, the liquid phase segment dominated the market in 2023, accounting for xx% of total revenue shares. The medical sector is the largest user of liquid helium since it cools the super magnets found in MRI scanners.
by Application
Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other
The global helium market is divided into six segments based on applications: welding, controlled atmosphere, lead detection, breathing mixes, cryogenics, pressurizing and purging, and others.Since helium is used as a super coolant for cryogenic applications like magnetic resonance imaging (MRI), nuclear magnetic resonance (NMR) spectroscopy, particle accelerators, large hadron colliders, superconducting quantum interference device (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs), the cryogenics segment dominated the market in 2023, accounting for 28% of total revenue.
by End-user Industry
Aerospace & Aircraft
Electronics & Semiconductors
Nuclear Power
Healthcare
Welding & Metal Fabrication
Other
The end-use industry segmentation of the worldwide helium market includes the following: nuclear power, aerospace and aircraft, electronics and semiconductors, welding and metal fabrication, healthcare, and others. The healthcare industry dominated the market in 2023, accounting for nearly 34% of total revenue. There are numerous uses for helium in the medical industry. Liquid helium is the best option for cooling MRI magnets because it can reach a temperature of -269° C. Helium is also used to track breathing. It is a crucial component in the treatment of asthma, emphysema, and other respiratory conditions.
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Helium Market 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:
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Key Offerings
• Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• 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
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