Comprehensive Overview of the Helium Market: Unveiling Market Insights
In its recent publication, MMR has released an extensive report on the ”Helium Market”, blending primary and secondary data analyses. Industry experts have meticulously scrutinized the Helium market from both local and global perspectives, providing a thorough examination of market size, share, and segment-specific insights. This report serves as an invaluable guide for potential investors.
Helium Industry Analysis and Progression:
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.
Scope and Research Methodology of the Helium Market Report:
This report offers an in-depth analysis of the Helium market at the global, regional, and country levels. It presents a comprehensive overview of the competitive landscape, detailing the business strategies adopted by key industry players. The report includes a list of key competitors, providing insights into their revenue, production capacity, sales, and global presence. Employing SWOT analysis, the strengths and weaknesses of key players are outlined. Furthermore, the report covers market dynamics, encompassing drivers, restraints, opportunities, and challenges.
Methodology:
Utilizing a bottom-up approach, the report estimates both global and regional Helium market sizes. Primary and secondary research methods were employed to gather data on market size, market share, regional insights, market dynamics, and historical industry data. A detailed value chain analysis is presented, elucidating the manufacturing process of Helium including information on raw materials, customers, and distributors. Additional analyses such as PORTER, PESTLE, and market attractiveness aid in understanding the Helium market at macro and micro levels.
Helium Market Classifications
by Phase
Liquid
Gas
The liquid phase and gas phase segments make up the worldwide helium market.
Due to the COVID-19 pandemic, which increased the number of patients infected worldwide, the liquid phase segment dominated the market in 2022, accounting for total revenue shares. 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 field. 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.
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Helium Market Regional Analysis
Geographically, 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.
The following companies are included in the market for Helium :
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
List of Contents : 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
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Crucial Products:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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