Forecasting till 2030: Opportunities And Strategies In The Global Helium Market – Includes Global Helium Market Trends
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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, as per The Business Research Company’s helium market opportunities and strategies report.
The helium market is expected to reach $5.80 billion in 2025 at a rate of 9.7%. The market is then expected to grow at a CAGR of 5.7% from 2025 and reach $7.65 billion in 2030.
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Major players in the helium market include Linde Plc, Air Products and Chemicals, Inc., Nippon Sanso Holdings Corporation, Air Liquide S.A., Iwatani Corporation.
The healthcare industry is continuously utilizing helium for various applications including cooling super magnets in MRI machines, breathing observation and for treatment of emphysema, asthma, and other conditions. Helium is concentrated and used as an adjunct therapy in several respiratory ailments such as COPD, ARDS, asthma exacerbation, croup, and bronchiolitis. The recent applications of helium include imaging of organs and pulmonary MRI radiology using Helium Ion Microscopy has opened new growth avenues for the use of helium gas in technologically advanced fields of medicine. Moreover, liquid helium is used in MRI machines for cooling down the superconducting magnets, which is a part of the MRI machine and generates high-resolution images of the human body.
The Global Helium Market Is Segmented:
By Type: Liquid, Gas
By End-User: Healthcare, Welding And Metal Fabrication, Electronics And Semiconductors, Laboratory, Lifting And Balloons, Other End-User industries
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Helium Market Report Covers:
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 (2016-21) and ten years forecast (2022-2026-2031)
The Helium Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough helium market research, analyzes and forecasts helium market size, helium market share, helium market players, helium market trends, helium market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s helium market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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.
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