Press release
Helium Market to Hit USD 27.06 Billion by 2030, Driven by Cryogenics Growth
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฅ๐ข๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐The global helium market, valued at USD 15.48 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2030, reaching approximately USD 27.06 billion by 2030.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Rising Demand in Electronics and Semiconductors: Helium's inert properties make it essential in manufacturing semiconductors and fiber optic cables, both critical components in modern electronics and communication systems.
Advancements in Healthcare: Liquid helium is crucial for cooling magnets in MRI machines, supporting the expanding medical imaging sector.
Industrial Applications: Helium's unique characteristics are vital in various industries, including aerospace, welding, and cryogenics, contributing to its sustained demand.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/26772/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is exploring helium applications in its growing electronics manufacturing sector. The government's focus on technological advancement presents opportunities for helium suppliers to cater to this emerging market.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐ข๐ง๐
China's rapid industrialization and expansion in electronics and healthcare sectors are driving helium demand. The country's investments in semiconductor manufacturing and medical infrastructure underscore the increasing need for helium.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's developing healthcare and electronics industries are contributing to a gradual rise in helium consumption. Efforts to enhance medical facilities and electronic manufacturing capabilities are influencing market dynamics.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's advanced technology landscape and significant electronics production necessitate a steady helium supply. The country's focus on innovation and high-tech manufacturing continues to drive helium demand.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's robust semiconductor industry heavily relies on helium for manufacturing processes. The nation's position as a leading electronics producer ensures sustained helium consumption.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's status as a technological hub in Southeast Asia involves applications of helium in research and high-tech industries. The city's emphasis on innovation and development offers potential growth avenues for helium utilization.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The U.S. remains a significant player in the global helium market, with recent developments indicating strategic investments. For instance, Reliance Industries' U.S. unit acquired a 21% stake in Wavetech Helium for $12 million, aiming to expand its low-carbon energy segment.
๐๐๐ฅ๐ข๐ฎ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's diverse industrial applications, including healthcare and aerospace, drive helium demand. The region's focus on technological advancement and research contributes to the market's growth trajectory.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/26772/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ก๐๐ฌ๐
Liquid
Gas
The worldwide helium market is divided into two segments based on phase: liquid phase and gas phase.As a result of the COVID-19 pandemic, which increased the number of patients impacted worldwide, the liquid phase segment dominated the market in 2023 and accounted for xx% of total revenue. Since liquid helium is needed to cool the super magnets in MRI equipment, the medical sector is one of the biggest users of this gas.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmospheres
Other
Breathing Mixes, Cryogenics, Lead Detection, Pressurizing and Purging, Welding, Controlled Atmosphere, and Others are the segments of the global helium market based on application. 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 devices (SQUID), electron spin resonance spectroscopy (ESR), and superconducting magnetic energy storage (SMEs), the cryogenics segment dominated the market in 2023 and accounted for 28% of total revenue.
๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐๐ซ
Industry Aerospace & Aircraft
Electronics & Semiconductors
Nuclear Power
Healthcare
Welding & Metal Fabrication
Other
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-helium-market/26772/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ :
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
16. Others
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฅ๐ข๐ฎ๐ฆ ๐๐๐ซ๐ค๐๐ญ :
What is Helium Market ?
What is the growth rate of the Helium Market Market?
Which are the factors expected to drive the Helium Market market growth?
What is the CAGR at which the Helium Market market will grow during the forecast period?
What are the different segments of the Helium Market Market?
Which is the fastest growing region in the Helium Market market?
What growth strategies are the players considering to increase their presence in Helium Market ?
What are the upcoming opportunities and trends for the Helium Market Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Helium Market Market?
Who are the leading companies and what are their portfolios in Helium Market Market?
What segments are covered in the Helium Market Market?
Who are the key players in the Helium Market market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/26772/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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โฆ Global Fluoroscopy Equipment Market https://www.maximizemarketresearch.com/market-report/global-fluoroscopy-equipment-market/31739/
โฆ Protein Purification & Isolation Market https://www.maximizemarketresearch.com/market-report/global-protein-purification-isolation-market/112798/
โฆ Barge Transportation Market https://www.maximizemarketresearch.com/market-report/barge-transportation-market/13017/
โฆ Data Visualization Software Market https://www.maximizemarketresearch.com/market-report/global-data-visualization-software-market/79395/
โฆ Online Event Ticketing Market https://www.maximizemarketresearch.com/market-report/global-online-event-ticketing-market/23536/
โฆ Single Use Filtration Assembly Market https://www.maximizemarketresearch.com/market-report/single-use-filtration-assembly-market/187509/
โฆ Vehicle Analytics Market https://www.maximizemarketresearch.com/market-report/global-vehicle-analytics-market/55916/
โฆ Online Video Platform Market https://www.maximizemarketresearch.com/market-report/global-online-video-platform-market/22115
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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