The rise in the cryogenics category is predicted to propel the helium market to a projected US $27.06 billion by 2030. The report examines end-user industries and market dynamics by region.

Helium Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Helium Market .The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Helium Market by thorough analysis, and projections are made up to 2030.

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Helium Market Scope and Methodology:

This report analyzes the Helium Market across different regions and detailed segmentation, providing a definition, description, and forecast. It encompasses various important market factors along with comprehensive qualitative and quantitative investigations. This includes reviewing the competitive landscape, competitor profiles, industry analysis, economic implications, important viewpoints, market trends, and market assessment.

The report delves into past data, focusing on different Helium Market scenarios and conducting a comprehensive evaluation of the factors influencing the market, including drivers, constraints, opportunities, challenges, and future trends. The report thoroughly examines market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions with the right methodology and assumptions. The study also involves evaluating the value chain, conducting PESTLE analysis, examining the impact, and conducting PORTER’s analysis.

Helium Market Regional Insights

The study thoroughly examines the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Helium Market is an essential component of the regional analysis provided in the report. The report contains details about the import and export of goods, market size, and growth rate for all countries. Furthermore, the report has also presented an overview of the latest advancements in the international Helium Market across different countries and regions.

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Helium Market Segmentation

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 2023, accounting for xx% of total revenue shares. The medical sector is the largest user of liquid helium since it cools the super magnets found in MRI scanners.

by Application

Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other

The global 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 2023, 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 2023, accounting for nearly 34% of total revenue. There are numerous uses for helium in the medical industry. Liquid helium is the best option for cooling MRI magnets because 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 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

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Key questions answered in the Helium Market are: 

• What is Helium   ?
• What is the growth rate of the Helium Market ?
• What was the Helium Market  size in 2023?
• What are the upcoming opportunities and trends for the Helium Market ?
• What are the different segments of the Helium Market ?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Helium Market ?
• What segments are covered in the Helium Market ?
• Which are the factors expected to drive the Helium Market  growth?
• What growth strategies are the players considering to increase their presence in Helium     ?
• Who are the leading companies and what are their portfolios in Helium Market ?
• Who are the key players in the Helium Market?
• What is the CAGR at which the Helium Market will grow during the forecast period? 

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Key Offerings

• Past Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Size, Share, Size Forecast by different segment
  • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Segmentation A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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