Helium Market Description: A Look Inside
A prominent global market research entity has recently unveiled an all-encompassing market research report spotlighting the “Helium Market”. This comprehensive report integrates extensive data and visual representations to scrutinize both regional and global market landscapes. It furnishes valuable insights into the market's objectives, presenting detailed information on top competitors, their market valuation, prevailing trends, strategies, targets, and product portfolios. Furthermore, the report illuminates recent market growth alongside historical data, providing a wealth of information for stakeholders.
Examination and Advancement of the Helium Market:
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.
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Helium Market Coverage : In-Depth Analysis for Strategic Insights
The research report delves deep into the analysis of emerging competitors, their growth trajectories, and the dynamic factors influencing the market. By offering insights into both regional and global market values and demands, it facilitates a comprehensive understanding of the competitive landscape, as well as the production, demand, and supply potential within the market. The segmentation analysis considers pivotal factors such as psychographic, demographic, geographic, and behavioral aspects, shaping marketing strategies, targeted products, offers, and customer experiences.
Leveraging Porter's analysis, the report discerns the competitive positions of organizations to optimize profitability. Additionally, Pestle analysis evaluates the relevance of existing products and services within the contextual data, while SWOT analysis assesses the internal and external factors contributing to a company's strengths, weaknesses, advantages, and disadvantages. In summary, this report provides a comprehensive and informative overview of the Helium market.
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 xx% of 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 industry. 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.
The gas is usually used to treat conditions of the lungs. Because helium and oxygen combine to enter the lungs more quickly than any other substance, they are utilized to treat both acute and chronic respiratory ailments.
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The following companies are included in the market for Helium :
1.Air Products and Chemicals, Inc.2. Air Liquide3. Linde AG4. Praxair, Inc.5. Taiyo Nippon Sanso Corporation6. Iwatani Corporation7. Gulf Cryo8. Messer Group9. Qatar Gas Operating Company Limited10. Global Gases11. Matheson Tri-Gas Inc12. ONEOK Inc.13. Exxon Mobil Corporation14. Polish Oil and Gas Company15. Weil Group16. Others
Helium Market Regional Analysis
The report presents formal, functional, and vernacular regional analyses, with a specific focus on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. These analyses offer insights into distinct targets, strategies, and market values specific to each region.
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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Purchasing this market report is motivated by the following:
- Market forecasting based on SWOT analysis and current trends.
- Keyword Dynamics Scenarios: Potential Market Growth in the Next Year
- Market segmentation analysis, which includes both qualitative and quantitative research and takes into account both non-economic and economic effects.
- Keyword Market: A comprehensive analysis that considers supply and demand variables that impact market expansion at the regional and national levels.
- The competitive environment with regard to the market share of significant corporations in terms of keywords, as well as the new strategies and efforts that these organizations have adopted over the past five years
Crucial Products:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Helium
- Landscape: Leading key players and other prominent participants
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