Helium Market Size, share, growth, analysis leading, developments, countries, companies and forecast 2029

 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 Dynamics:

Helium is also very thermally conductive, which means it effectively transmits heat away from the body. This aids in the regulation of the silicon's temperature during these processes. This is becoming increasingly significant as the size of silicon circuitry shrinks. Without the process control that helium gives, this reduction would be difficult to achieve. Thus, over the projected period, the helium market expansion is expected to be driven by the unique properties of helium, which cannot be substituted by any other element.

Helium Market Overview:

Helium Market Research Report examined the current state of definitions, classifications, applications, and the structure of the industrial chain.The market analysis includes objective professional commentary on the current market condition, historical market performance, production and consumption rates, demand and supply ratios, and income generation estimates for the projected term. The Helium Market report also provides information on the industry's main businesses' strategic aspirations and company growth strategies. To summarise what has been mentioned thus far, the report presents a detailed picture of the Helium market on both a national and regional scale.

Helium Market size was valued at US $ 14.30 Billion in 2022 and the Helium Market revenue is expected to grow at 8.3% through 2023 to 2029, reaching nearly US $ 25 Billion.

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Helium Market Segmentation:

Liquid helium is used to cool the superconducting magnet that provides the magnetic field in magnetic resonance imaging devices. Doctors use MRIs to identify cancer, tumours, strokes, heart problems, and brain illnesses, while researchers use them to undertake chemical, biological, and medical research. Newer machines use "dramatically less helium," but the National Research Council estimates it will take at least five years, if not longer, to produce a liquid-helium-free magnet.

Helium is a non-toxic, inert gas. It can cause nausea, dizziness, vomiting, unconsciousness, and death when inhaled in large quantities. Errors in judgement, bewilderment, or loss of consciousness can all result in death if self-rescue is not possible. Unconsciousness and death can occur abruptly and unexpectedly when oxygen levels are low. As a result, during the projected period, this is expected to be the factor impeding helium market expansion.

Because the liquid phase segment was dominating in 2020, the number of patients impacted by the pandemic increased internationally. The medical industry is a big consumer of liquid helium since it is used to cool the super magnets used in MRI machines.

Helium Market Regional Analysis:

The Helium  segment of the Helium The market research contains particular market-affecting aspects as well as changes in market regulation that impact the market's current and future trends. New sales, replacement sales, national demographics, regulatory acts, and import-export taxes are some of the major indicators utilised to estimate the Helium market scenarios for different locations. Furthermore, the Helium  the market report provides the existence and availability of brands, as well as the challenges they face due to strong or weak competition from local and domestic brands, as well as the influence of sales channels, which are all taken into account when providing forecast analysis of national data.

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)

Helium Market research report offers:

  • The Helium  a market research report offers a variety of information, such as market dynamics, scenarios, and prospects for the forecast period.
  • Segments and subsegments contain quantitative, qualitative, value (USD Million), and volume (Units Million) statistics.
  • Demand and supply trends, as well as their impact on the Helium  market, are captured in data at the regional, sub-regional, and country levels.
  • A share of key companies, new breakthroughs, and approaches have been incorporated in the competitive landscape.
  • Important financial data, recent breakthroughs, SWOT analysis, and strategies of the Helium  industry participants.

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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 organisation 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.

Contact Stellar Market Research

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Pune, Maharashtra, 411029

sales@stellarmr.com 

+91 20 6630 3320    +91 9607365656

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