DUBLIN--(BUSINESS WIRE)--The "Helium Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global helium market is expected to grow from $4,144.85 million in 2021 to $4,454.23 million in 2022 at a compound annual growth rate (CAGR) of 7.5%. The market is expected to grow to $6,135.77 million in 2026 at a CAGR of 8.3%.
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.
The helium market consists of sales of helium gas. Helium is a chemical element also known as Nobel gas (inert gas) which is available in natural gas form and can be converted into liquid form by lowering the temperature to below -270 degrees.
The main types of helium are liquid helium and gaseous helium. Liquid helium is a superfluid, it acts essentially like a fluid with zero viscosity governed by the Euler equations. These are used in applications such as breathing mixes, cryogenics, leak detection, pressurizing and purging, welding, controlled atmosphere, and other applications that are used by end users such as aerospace and aircraft, electronics and semiconductors, nuclear power, healthcare, welding, and metal fabrication, and other end-user industries.
Asia Pacific was the largest region in the helium market in 2021. North America was the second-largest region in the helium market. The regions covered in the helium report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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 inert in nature, non-reactive with other elements, noncorrosive and non-flammable.
Helium is used in various applications in the healthcare industry such as adjunct therapy in asthma exacerbation, ARDS, croup, COPD, and bronchiolitis. For instance, Helium is utilized in magnetic resonance imaging (MRI) apparatus to regulate powerful magnets, which is useful for monitoring various conditions within the abdominal, chest, and pelvis also useful in pregnancy diagnosis.
Stringent safety regulations associated with the manufacturing and transportation of helium gas were a major restraint on the market. These substances are toxic and hazardous when exposed to exposed extreme temperatures and pressures.
Companies in this industry should invest in equipment, technologies, and processes to limit toxic levels and chemical concentrations. These regulations increased the operating costs of companies in this industry, thus limiting the scope for investments relating to the launch of new products and expansion into new markets, thereby affecting the market growth.
The decline of existing helium supply sources, particularly in the US Bureau of Land Management's (BLM) system, are causing industrial gas companies and distributors to seek new sources of helium supply such as the production of helium from non-hydrocarbon sources.
Key Topics Covered:
1. Executive Summary
2. Helium Market Characteristics
3. Helium Market Size And Growth
3.1. Global Helium Historic Market, 2016 - 2021, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Helium Forecast Market, 2021- 2026F, 2031F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Helium Market Segmentation
4.1. Global Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
- Liquid Helium
- Gaseous Helium
4.2. Global Helium Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
- Breathing Mixes
- Cryogenics
- Leak Detection
- Pressurizing and Purging
- Welding
- Controlled Atmosphere
- Other Applications
4.3. Global Helium Market, Segmentation By End Userr, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
- Aerospace and Aircraft
- Electronics and Semiconductors
- Nuclear Power
- Healthcare
- Welding and Metal Fabrication
- Other End-User Industries
5. Helium Market Regional And Country Analysis
5.1. Global Helium Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
5.2. Global Helium Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
6. Asia-Pacific Helium Market
6.1. Asia-Pacific Helium Market Overview
6.2. Asia-Pacific Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
7. China Helium Market
7.1. China Helium Market Overview
7.2. China Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F,$ Billion
8. India Helium Market
8.1. India Helium Market Overview
8.2. India Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
9. Japan Helium Market
9.1. Japan Helium Market Overview
9.2. Japan Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
10. Australia Helium Market
10.1. Australia Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
11. Indonesia Helium Market
11.1. Indonesia Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
12. South Korea Helium Market
12.1. South Korea Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
13. Western Europe Helium Market
13.1. Western Europe Helium Market Overview
13.2. Western Europe Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
14. UK Helium Market
14.1. UK Helium Market Overview
14.2. UK Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
15. Germany Helium Market
15.1. Germany Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
16. France Helium Market
16.1. France Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
17. Eastern Europe Helium Market
17.1. Eastern Europe Helium Market Overview
17.2. Eastern Europe Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
18. Russia Helium Market
18.1. Russia Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
19. North America Helium Market
19.1. North America Helium Market Overview
19.2. North America Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
20. USA Helium Market
20.1. USA Helium Market Overview
20.2. USA Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
21. South America Helium Market
21.1. South America Helium Market Overview
21.2. South America Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
22. Brazil Helium Market
22.1. Brazil Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
23. Middle East Helium Market
23.1. Middle East Helium Market Overview
23.2. Middle East Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
24. Africa Helium Market
24.1. Africa Helium Market Overview
24.2. Africa Helium Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
25. Helium Market Competitive Landscape And Company Profiles
25.1. Helium Market Competitive Landscape
25.2. Helium Market Company Profiles
25.2.1. Airgas
25.2.2. Air Liquid
25.2.3. Linde
25.2.4. Messer Group
25.2.5. Air Products
26. Key Mergers And Acquisitions In The Helium Market
27. Helium Market Trends And Strategies
28. Helium Market Future Outlook and Potential Analysis
Companies Mentioned
- Airgas
- Air Liquid
- Linde
- Messer Group
- Air Products
- Gazprom
- Gulf Cryo
- Matheson Tri-Gas
- Exxon
- Praxair
- Buzwair
- Badger Midstream
- Iceblick
- RasGas
- Taiyo Nippon Sanso
- PGNiG
- NexAir LLC
- Qatargas Operating Company Limited
- Renergen
- Weil Group
- Iwatani Corporation
For more information about this report visit https://www.researchandmarkets.com/r/tu0vbc
