Helium Market 2024-2030: Ballooning Demand in Critical Industrial Applications

Comprehensive Analysis of the Helium Market Landscape

The research presents a comprehensive overview of the “Helium Market”, offering current revenue insights and industry trends. Delving into proactive management techniques, it provides a detailed examination of the market’s definition, structure, and key influencing factors. Crucial aspects such as supply, capacity utilization, market share, costs, and gross margin are meticulously analyzed to understand the market dynamics. Moreover, the report forecasts the future trajectory of the Helium Market, providing valuable insights into potential developments.

Helium Report Coverage and Methodology

This report focuses on identifying key drivers and restraints for major companies while offering a comprehensive evaluation of competitive benchmarking and development prospects. It analyzes Helium trends, future insights, and recent market changes, encompassing the demand chain, supply chain, and sales. Vital information such as Company Profiles, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin, and Sales by Product is included in the Helium research.

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Helium Market Valuation :

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.

Helium Market Segmentation

by Phase

Liquid
Gas

The liquid phase and gas phase segments make up the worldwide helium market.

Due to the development of COVID-19 and the subsequent increase in the number of patients afflicted by the pandemic worldwide, the liquid phase segment dominated the market in terms of revenue in 2022. The medical sector is the largest user of liquid helium as it cools the super magnets used in MRI scanners.

by Application

Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other

The worldwide 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 2022, 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 2022, accounting for approximately 34% of total revenue. There are several uses for helium in the medical industry. Liquid helium is the best option for cooling MRI magnets since 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.

The gas is usually used to treat conditions of the lungs. Because helium and oxygen combine to enter the lungs more quickly than any other substance, they are utilized to treat both acute and chronic respiratory ailments.

Helium Market Report Purpose

The Global Helium Market report by Maximize Market Research is the result of thorough primary and secondary research. The qualitative and quantitative data in the report aims to assist decision-makers in identifying market segments, regions, and variables likely to experience higher growth rates, along with major opportunity areas. Maximize Market Research’s report includes a PESTLE analysis, aiding in the development of company strategies by assessing political, economic, social, technological, legal, and environmental factors influencing the Helium market.

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Helium Market Regional Insights

  • North America
  • Europe
  • Asia-Pacific
  • The MEA
  • Latin America

The study’s examination of the Helium Market looks at the supply chains of manufacturers, current laws and regulations, supply chains, cost structures, and market share. By examining the pricing of the commodities in the region in proportion to the profit created, the regional markets for the Helium Market are explored.

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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Table of Content: Helium

Part 01: Executive Summary

Part 02: Scope of the Helium Report

Part 03: Helium Landscape

Part 04: Helium Sizing

Part 05: Helium Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Offerings – The Bountiful Treasure

  • Market Share, Size & Forecast by Revenue
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation: A detailed analysis Helium
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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About Maximize Market Resejarch:

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