Helium Market Overview
A leading global market research organization has recently released a comprehensive market research report focusing on the Helium Market. The report provides extensive data and visual representations to analyze both regional and global markets. It offers valuable insights into the market's objectives and includes detailed information on top competitors, their market value, current trends, strategies, targets, and product offerings. Additionally, the report highlights the market's recent growth and historical data, providing valuable information to stakeholders.
Helium Market Key Insights :
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
The research report delves deep into the analysis of trending competitors, their growth patterns, and market dynamics. It offers insights into the regional and global market value and demand, enabling a better understanding of the competitive landscape and the market's production, demand, and supply potential. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, shaping marketing strategies, targeted products, offers, and customer experiences. Utilizing Porter's analysis, the report determines organizations' competitive positions to enhance profitability. Additionally, Pestle analysis assesses the validity of existing products and services within the contextual data. SWOT analysis evaluates the internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. Overall, this report provides a comprehensive and informative overview of the Helium market.
Helium Market 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's development, which raised the number of patients who became infected by the pandemic internationally, the liquid phase segment dominated the market in 2022 and controlled the majority of revenue-generating 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.
Helium Market Regional Analysis
The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.
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 Market
Part 01: Executive Summary
Part 02: Scope of the Helium Market Report
Part 03: Helium Market Landscape
Part 04: Helium Market Sizing
Part 05: Helium Market 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 Questions Answered in the Helium Market Report:
- What are the opportunities for the Helium Market?
- What factors are influencing the growth of the Helium market?
- Who are the key players in the Helium market?
- Which company holds the largest share in the Helium market?
- What will be the compound annual growth rate (CAGR) of the Helium market during the forecast period?
- What key trends are expected to emerge in the Helium market in the coming years?
Key Offerings:
- Market Share, Size, and Revenue Forecast|2023-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Helium Market
- Landscape: Leading key players and other prominent participants
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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