Stratview Research has recently published a report on the Helium Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
The market is segmented by Phase Type (Liquid, Gas), Application Type (Breathing Mixes, Cryogenics, Leak Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, and Others), End-Use Industry Type (Healthcare, Electronics Semiconductors, Aerospace, Energy Power, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
Helium Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Helium Market is likely to witness an impressive CAGR of 4.5% during the forecast period of 2022-2028.
Some of the companies drive the market growth:
- Air Products and Chemicals Inc.
- Air Liquide S.A.
- Linde Plc
- Matheson Tri-Gas Inc.
- Ellenbarrie Industrial Gases Ltd.
- Taiyo Nippon Sanso Corporation
- Messer Group GmbH
- Weil Group Resources, LLC
- Iwatani Corporation
- Matheson Tri-Gas, Inc.
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Segments Analysis
By Phase Type
The market is segmented as liquid and gas. The gas-phase segment held the larger share of the market in 2021, and is expected to register the faster growth during the forecast period.
The gas-phase is mostly used for welding and due to its lightweight and inflammable property it’s used in place of hydrogen in balloons, airships, etc. The growing development of efficient storage and transport methods for helium gases is expected to provide numerous opportunities over the following period.
Region Analysis
North America is estimated to be the largest market during the assessment period, with the USA, Canada, and Mexico being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the US electronics market, which is one of the largest procurers of helium. Further, the growing usage of MRI diagnostics in the USA is one of the key growth factors for the region’s market.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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