Helium Market Overview
Helium Market size was valued at US $ 15.48 Billion in 2023 and the Helium Market revenue is expected to grow at 8.3% through 2024 to 2030, reaching nearly US $ 27.06 Billion. The report analyzes Helium market dynamics by region and end-user industries.
Helium is an important component of many important technologies that affect our lives daily, but the capacity of present and expected helium supply sources to meet future demand is in doubt. Beginning with the United States government's decision in 1996 to sell practically all of its helium stockpile, which was housed in a depleted natural gas field in Amarillo, Texas, a worrisome scenario has emerged. The global helium market report is studied and prepared on the basis of segment analysis by phase, application, end-use industry and region.
Helium Market Report Scope and Research Methodology
The usage of the Internet also helps as driver in the growth of helium market. Liquid helium is used to cool the magnets that are used in the manufacturing of semiconductors, which are found in practically every modern device. Meanwhile, to avoid trapped bubbles, fiber optic cables that bring Internet and cable TV to people's homes must be constructed in an all-helium atmosphere.
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Helium Market Regional Insights
North America held for the largest share of the helium market in 2023, with the United States alone accounting for 30% of worldwide consumption. The electronics market in the United States is the world's largest in terms of size. It is also expected to be the leading market over the forecast period, thanks to the use of current technology, an increase in the number of RD centers, and rising consumer demand. Helium reserves are mostly located in the United States, Russia, Qatar, Algeria, and Iran, while recent discoveries in Western Canada indicate that the region has significant potential. North American Helium is at the forefront of developing large-scale helium production in Saskatchewan, which will be needed throughout North America and possibly the world.
Helium Market Segmentation
The qualitative and quantitative data provided in the Helium Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Helium Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the market.
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)
Others (*List of Key Players is not exhaustive)
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Key questions answered in the Helium Market are:
- What is Helium?
- What was the Helium market size in 2023?
- What is the growth rate of the Helium Market?
- Which are the factors expected to drive the Helium market growth?
- What are the different segments of the Helium Market?
- What growth strategies are the players considering to increase their presence in Helium?
- What are the upcoming industry applications and trends for 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?
- Who are the leading companies and what are their portfolios in Helium Market?
- What segments are covered in the Helium Market?
- Who are the key players in the Helium market?
Key Offerings:
- 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 | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market 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
- 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
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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