Title: Helium Market Size, Share, Growth | Global Industry Analysis and Forecast, 2030 | ChemAnalyst
1Helium Market Share, Size, Growth, Global Leading
Players, Industry Analysis, Future Business
Prospects by Forecast to 2030
According to ChemAnalyst report, Helium Market
Analysis Plant Capacity, Production, Operating
Efficiency, Demand Supply, End Use,
Distribution Channel, Region Demand, 2015-2030,
Helium market has shown considerable growth in
the historic period and is projected to reach
9.05 million tonnes, growing at a healthy CAGR
of 4.65 during the forecast period 2022-2030.
Growing demand of Helium from various sectors
including medical and healthcare, aerospace,
electronics and semiconductors etc is projected
to boost the global market of Helium in the next
ten years. Helium (He) is a colorless, odorless,
tasteless, inert monoatomic gas and second most
abundant element present on the earth. Due to its
extremely unreactive nature, it provides a
protective atmosphere for making semiconductors
and fibre optics. Helium is produced by the
radioactive decay of heavy elements such as
uranium and thorium which radiates alpha
particles underground. It can also be
synthesized by liquefying air and separating the
component gases. Due to its unique properties,
it is widely used in numerous applications
including MRI
2magnets, Heliox mixtures for treating lung
diseases, mobile phones, computers, microscopes,
airbags, welding, etc. Helium is also used to
detect leaks in car air- conditioning systems.
Helium is extensively used for cryogenic
applications because of it uniquely low boiling
point in the medical sector for high-technology
manufacturing to science and technology
investigations in academic laboratories. Read
Full Report Here https//www.chemanalyst.com/indu
stry-report/helium- gas-market-578 The global
Helium market on the basis of end-use industries
can be segmented into aerospace, electronics,
and semiconductors, nuclear power, healthcare,
welding, metal fabrication, and others.
Healthcare industry dominates the global Helium
market and is forecasted to maintain its
dominance until 2030 owing to its wide range of
applications in the medical sector as there is no
substitute present for helium in cryogenic
Helium applications. The developments in
transport methods and storage efficiency of
several gases are anticipated to provide numerous
opportunities in upcoming years. Based on type,
Helium market is categorized into Liquid and Gas.
Helium in Gaseous phase held the largest share
of the global Helium market in 2020 due to its
increased demand in medical appliances during the
coronavirus pandemic. Increasing consumption of
helium in the electronics and semiconductor
industry for modern and advanced electronic
products is likely to accelerate the Helium
market around the world. Many leading players are
merging with new acquisitions to strengthen
their RD department and improve their market
footprint. Request Sample https//www.chemanalys
t.com/ChemAnalyst/RequestForm In 2020, due to the
spread of COVID-19, leading authorities in major
emerging economies caused nationwide lockdowns
which had a negative impact on several
industries. The most affected industry during the
global crises were medical gases. However, the
demand for semiconductors and electronics
declined during the pandemic. Aerospace industry
also witnessed a major decline due to the
interruptions in the global supply chain of
helium. Besides, the rapid slowing down
3- in research and development activities also
caused a major disruption in the helium market
across the globe. - Region wise, the Asia Pacific region dominated
the largest market share of Helium in 2020 owing
to its increasing demand for healthcare and
semiconductors, and electronics. Moreover,
increasing urbanization and per capita income in
major economies like India and China coupled
with a growing number of industries using helium
is another factor propelling demand growth in the
Asia Pacific region. - Major Players
- Air Liquide,
- Exxon Mobil Corporation,
- Gulf Cryo,
- Air Products and Chemicals,
- Linde Plc,
- Messer Group GmbH,
- PGNIG SA,
4- Rapidly growing demand of Helium in healthcare
industry due to its high demand in surgery,
therapy, treatments, cancer screening and
neurology is expected to boost the global market
of Helium in upcoming years. Regionally, Helium
is widely used in the North America as US and
Canada spends their major share of GDP in the
healthcare department. Recently, healthcare
sector has expanded in the Asia Pacific region,
especially in India owing to the increasing
expenditure by public and private players in the
healthcare department. It is expected that India
will further witness the augmented growth and
become the world's fifth largest consumer market
in coming years. With new market players emerging
across the global Helium market, it is extremely
important to keep an eye on which region will
grab the biggest market share during the
forecast period. said Mr. Karan Chechi,
Research Director with TechSci Research, a
research-based management consulting firm
promoting ChemAnalyst worldwide. - Report Scope
- In this report, global helium market has been
segmented into following categories, in addition
to the industry trends which have also been
detailed below - By Application
- Breathing Mixes
- Cryogenics
- Leak Detection
- Welding
- Pressurizing and Purging
- Controlled Atmosphere
5- By Type
- Liquid
- Gas
- By Sales Channel
- Channel-Direct/Institutional Sales,
- Indirect Sales
- Read Full ToC Here https//www.chemanalyst.com/in
dustry-report/helium-gas- market-578 - About Us
- ChemAnalyst is a one stop digital platform that
offers comprehensive market intelligence data
and in-depth analysis of the Indian chemical and
petrochemical industry. ChemAnalysts team of
100 analysts are engaged in tracking chemical
prices daily, production capacity, demand and
supply outlook, manufacturing plant locations,
foreign trade data and news/deals for more than
400 major chemicals produced in India.
ChemAnalyst is promoted by TechSci Research which
is an award winning research based management
consulting firm providing market research and
advisory solutions to the customers worldwide,
spanning a range of industries including
Chemicals Material, Automotive, Consumer
Retail, ICT, Energy Power, Aerospace
Defense, Water and Waste Management, BFSI and
more.
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