Helium Market Business Factors, Opportunities And Forecast 2027

 Helium is a critical component of many vital technologies that touch our lives on a daily basis, but the capacity of current and anticipated helium supply sources to meet future demand is in doubt. A troubling scenario has evolved since the United States government's decision in 1996 to sell virtually all of its helium stockpile, which was kept in a depleted natural gas field in Amarillo, Texas. The global helium market report is researched and developed by segmenting the market by phase, application, end-use industry, and geography.

Helium Market Scope and Research Methodology:

The objective of the report is to analyses and forecast the Helium  market size. The market report includes strategic profiling of significant market participants in order to accurately depict the competitive environment for the global Helium  market. it includes a detailed analysis of new product launches, acquisitions, mergers, and joint ventures, brands and key players in the Helium industry. The report provides information on industry trends and developments, market dynamics and their potential, which helps experts to stay up to date on the most recent trends and sector performance, predicting growth and decline in Helium  market share during the forecast period. To know the Helium  industry in detail, primary and secondary research methods were used and for accurate finding various methodologies such as the PESTLE, PORTER, and SWOT analysis were used. SWOT analysis was employed to provide strengths, weaknesses, opportunities and challenges for Helium key players in the industry. PORTER and PESTLE analysis helps to understand the microeconomic and macroeconomic factors affecting the Helium industry. 

Helium Market Report Overview:

The report thoroughly covers analysis of insights in view of the Helium Market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. A detailed analysis of key players is also provided in the Helium  market report. 

Helium Market size was valued at US $12.20 Billion in 2020 and the Helium Market revenue is expected to grow at 8.3% through 2021 to 2027, reaching nearly US $21.32 Billion.

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Helium Market Segmentation:

In 2020, North America owned the greatest share of the helium market, with the United States alone accounting for 30% of global consumption. In terms of size, the United States has the world's largest electronics market. It is also predicted to lead the market over the forecast period, owing to the adoption of cutting-edge technology, an increase in the number of R&D centers, and rising consumer demand. The majority of helium reserves are found in the United States, Russia, Qatar, Algeria, and Iran, while new finds in Western Canada indicate that the region has substantial potential. North American Helium is pioneering large-scale helium manufacturing in Saskatchewan, which will be required throughout North America and possibly the world.

Because of the increased emphasis on producing high-end commodities, the number of manufacturing plants and development centers in the United States has expanded significantly. The helium market is predicted to grow throughout the forecast period. Furthermore, the United States possesses the world's largest aerospace industry. The overall active general aviation fleet is predicted to decrease by 0.9% from 212,335 aircraft in 2019 to 210,380 aircraft by 2040, according to the Federal Aviation Administration (FAA). Between 2019 and 2040, the more expensive and advanced turbine-powered fleet (including rotorcraft) is predicted to grow by 14,640 aircraft, or 1.82% per year, while the turbojet fleet is expected to grow by 2.32% per year.

Helium Market Key Players:

Air Products and Chemicals, Inc. (United States)
Air Liquide (France)
Linde AG (Ireland)
Praxair, Inc. (United States)
Taiyo Nippon Sanso Corporation (Japan)
Iwatani Corporation (Japan)
Gulf Cryo (UAE)
Messer Group (Germany)
Qatar Gas Operating Company Limited (Qatar)
Global Gases (India)
Matheson Tri-Gas Inc. (United States)
ONEOK Inc. (United States)
Polish Oil and Gas Company (Poland)
Others (*List of Key Players is not exhaustive)

Helium Market Regional Analysis:

The report is segmented into several key countries, with market size, growth rate, import and export of Helium  market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Key Questions answered in the Helium Market Report are:

  • Which segment grabbed the largest share in the Helium market?
  • Which segment is expected to grow at a high rate during the forecast period?
  • How is the competitive scenario of the Helium market?
  • Which are the key factors driving the Helium market growth?
  • Which region holds the maximum share in the Helium market?
  • What will be the CAGR of the Helium market during the forecast period?
  • Which are the prominent players in the Helium market?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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