Global Helium Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Helium Market Report by The Business Research Company covers helium market drivers and restraints, helium market size, major players, and the impact of COVID-19 on the helium market.
The helium market consists of sales of helium by entities (organizations, sole traders or partnerships) that produce helium in compressed gas and liquid forms. Helium is a colorless, odorless, tasteless, non-toxic, inert, monatomic gas, the first in the noble gas group in the periodic table. Helium is generally available in natural gas form and can be converted into liquid form by lowering the temperature to below -270 degrees, it is commonly used in healthcare, welding, balloons, electronics and semi-conductor industries.
The helium market is expected to grow from $3.65 billion in 2020 to $5.81 billion in 2025 at a rate of 9.7%. The market is then expected to grow at a compound annual growth rate of 5.7% from 2025 and reach $7.65 billion in 2030.
The unprecedented outbreak of coronavirus is expected to increase the demand for helium-cooled cases for storing and transportation of COVID-19 vaccines in the forecast period. COVID-19 is a highly infectious disease that spreads when a person comes in contact with an infected person or a surface used by the infected person. The surge in the population affected by coronavirus and the increasing number of vaccine developments to curb coronavirus is creating higher demand for cold-chain storages. Helium-based technology is used as an alternative method to store coronavirus vaccines without the use of a power supply.
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Some helium market trends include adoption of IoT (Internet of Things) technologies to connect equipment and smart devices to obtain real-time insights and identify inefficiencies in the manufacturing process and utilization of helium for various applications including cooling super magnets in MRI machines, breathing observation and for treatment of emphysema, asthma, and other conditions.
Global helium market segments include:
1) By Type: Liquid, Gas
2) By End-User: Healthcare, Welding And Metal Fabrication, Electronics And Semiconductors, Laboratory, Lifting And Balloons, Other End-User Industries
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Helium Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides helium market overviews, analyzes and forecasts market size, share, helium market players, helium market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The helium identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Helium Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Linde Plc, Air Products and Chemicals, Inc., Nippon Sanso Holdings Corporation, Air Liquide S.A., Iwatani Corporation
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Helium Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Helium Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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