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Helium Market Outlook 2023: Expected Market Growth Rate, Major Driver And Segments | Airgas, Air Liquid, Linde, Messer Group, Air Products, Gazprom, Gulf Cryo, Matheson Tri-Gas
Helium Global Market Report
The Business Research Company's Helium Global Market Report 2023 identifies the helium market growth is expected to be driven by the growing demand from the healthcare industry. Helium is widely used in various disease diagnosis equipment as it has unique properties such as being inert in nature, non-reactive with other elements, noncorrosive and non-flammable.
The global helium market size will grow from $4.45 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global helium is expected to grow from $6.48 billion in 2027 at a CAGR of 6.6%.
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Major players in the helium market are Airgas, Air Liquid, Linde, Messer Group, Air Products, Gazprom, Gulf Cryo, Matheson Tri-Gas, Exxon, Praxair, and Buzwair.
A key trend in the Helium market includes the Helium is used in various applications in the healthcare industry, such as adjunct therapy in asthma exacerbation, ARDS, croup, COPD, and bronchiolitis.
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The Helium market is segmented -
1) By Type: Liquid Helium, Gaseous Helium
3) By Application: Breathing Mixes, Cryogenics, Leak Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, Other Applications
2) By End User: Aerospace and Aircraft, Electronics and Semiconductors, Nuclear Power, Healthcare, Welding and Metal Fabrication, Other End-User Industries
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Helium market.
The Business Research Company's "Global Helium Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Helium Market Include:
1. Executive Summary
2. Helium Market Characteristics
3. Helium Market Trends And Strategies
4. Helium Market - Macro Economic Scenario
5. Helium Market Size And Growth
……
27. Helium Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Helium Market
29. Helium Market Future Outlook and Potential Analysis
30. Appendix
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