Helium Market revenue is expected to grow at 8.3 percent from 2024 to 2030, reaching nearly USD 27.06 Billion as per Stellar Market Research

Stellar Market Research has published a market intelligence and competitive landscape report on the Helium Market. The report combines primary and secondary data, and field experts have examined the Helium Market from a local, regional, and global point of view. Over the forecast period, Stellar Market Research expects the Helium Market revenue is expected to grow at 8.3 percent from 2024 to 2030, reaching nearly USD 27.06 Billion.

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Helium Market Overview

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. The global helium market report is studied and prepared based on segment analysis by phase, application, end-use industry and region. Helium was formerly produced as a byproduct in a few major conventional oil and gas projects that happened to include a significant amount of helium.

Helium Market Dynamics:

helium market is driven by its surging demand in the electronics, semiconductor, and medical industries. In electronics, helium cools magnets in semiconductor manufacturing and prevents bubbles in fiber optic cable production. When oxygen levels are low, unconsciousness and death can strike suddenly and unexpectedly. As a result, during the forecast period, this is the aspect that is expected to hamper the helium market growth.

Helium Market Regional Analysis

North America held for the largest share of the helium market in 2023, with the United States alone accounting for 30% of worldwide consumption. 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. The more expensive and sophisticated turbine-powered fleet (including rotorcraft) is expected to grow by 14,640 aircraft, or 1.82% per year, between 2019 and 2040, while the turbojet fleet is expected to rise by 2.32% per year.

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Helium Market Scope:

Market Size in 2023 USD 15.48 Bn.

Market Size in 2030 USD 27.06 Bn.

CAGR 8.3 % (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Segment Covered by phase, application and end-use industry

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

Helium Market Segmentation:

by Phase

Gas Phase
Liquid Phase

by Application

Breathing Mixes
Cryogenics
Leak Detection
Pressurizing and Purging
Welding
Controlled Atmosphere
Others

by End-Use Industry

Handling
Dispensing
Processing
Assembling and Disassembling
Welding and Soldering
Others (Inspection & quality-testing and die-casting & molding)

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Leading Helium Market key industry:

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)

Key questions answered in the Helium Market are:

What is the forecast period considered for the Helium market report?
Which key factors are hindering the growth of the Helium market?
What is the compound annual growth rate (CAGR) of the Helium market for the next 6
years?
What are the key factors driving the growth of the Helium market?
Which are the worldwide major key players covered in the Helium market report?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
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 of the Offerings, Vertical, Application 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

Related Report

Medical Polymer Market
Structural Adhesives Market

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About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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