The Helium Market size was USD 4.52 Billion in 2023 and is expected to reach USD 7.29 Billion by 2032 and grow at a CAGR of 5.47% over the forecast period of 2024-2032. This report provides in-depth statistical insights and trends in the helium market, covering production capacity and utilization by country and source, along with pricing trends and supply constraints in 2023. It examines export and import volumes by region and application, as well as regulatory policies and strategic reserves across key markets. Additionally, the report analyzes helium consumption across major end-use industries, including healthcare, electronics, and aerospace. Sustainability initiatives, such as helium recycling efforts and advancements in extraction technologies, are also highlighted to assess future market dynamics.
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Drivers
Rising the electronics and semiconductor industry, which drives the market growth.
Helium is also used in a large number of manufacturing processes in the growing electronics and semiconductor industry, which is one of the primary drivers of the helium market. The simplicity of He makes its application in semiconductor fabrication very essential as it provides an inert and controlled environment which is critical to maintain cleanliness and precision in chip making. Helium is also critical to the manufacturing process of semiconductors, helping maintain extreme temperatures in advanced manufacturing processes like extreme ultraviolet (EUV) lithography. The growing application of high-performance semiconductors in consumer electronics, data centers, and automotive electronics is also catching the attention of helium consumers and fuelling the demand for semiconductor helium. In addition, the growth of semiconductor plants, especially in the U.S., China, South Korea, and Taiwan, can support helium demand as it is an essential element to maintain progress in technical processes in the electronics field.
Restraint
Limited and depleting helium reserves may hamper the market growth.
Helium is a non-renewable resource, it is mainly produced as a by-product from the production of natural gas, and limited and depleting reserves of helium represent another major challenge to market growth. Helium is a unique gas in a sense that we cannot artificially synthesize it in large amounts, hence its availability is entirely dependent on nature. Supply vulnerability: Helium reserves are highly localized (largely in the U.S., Qatar, and, Russia). With depleting existing reserves and increasingly difficult and expensive sources of new helium, there is a risk of supply shortages becoming more common, having a price-raising and destabilizing effect on the market. In addition, the possible scarcity of helium constrains growth in related industries calling for its use including healthcare, electronics, and aerospace, and makes governments, industry, and technology leaders pursue alternative sources and recycling technologies to support sufficient demand for this market.
Opportunity
The increasing use of helium in cryogenics and MRI machines creates an opportunity in the market.
The higher use of helium in cryogenics & MRI machines is a major factor driving the growth of the helium market. As it turns out, helium is critical for cooling the superconducting magnets in MRI (Magnetic Resonance Imaging) machines. It has a very low boiling point (-269°C), making it able to sustain the ultra-low temperatures needed. As many researchers and hospitals are investing in MRI tech due to the greater demand for advanced medical imaging and diagnostics, this is resulting in greater helium consumption. Similarly, the applications of helium in cryogenics in scientific research, space explorations, and quantum computing will keep fuelling the market. Recent developments in cryogenic technology, along with the rapid growth of healthcare infrastructure around the globe, have driven up the demand for helium continuously.
Challenges
Logistical constraints in storage and transportation may create a challenge for the market.
Helium has a very low boiling point, so its storage is very difficult. Keeping it in a liquid state necessitates specialist cryogenic vessels and high-tech infrastructure, driving up its supply chain costs. Moreover, helium is a finite resource, and both transportation and leakage render it unrecoverable. The number of helium processing and distribution plants across the globe is limited, meaning that even if a user has the required hardware installed, plant population can create logistical bottlenecks, particularly for regions dependent on imports. Stricter regulatory requirements associated with transporting and storage of cryogenic gases, as well as supply disruptions related to transportation including delays in shipping, can further trim their market growth.
By Phase
Gas held the largest market share, around 68% in 2023. It is utilized in major end-use industries including healthcare, electronics, aerospace, and welding. Helium gas is also used for keeping ultra-low temperatures like cryogenic magnetic resonance imaging machine and many other such applications. In addition, helium gas is critical to the electronics and semiconductor industry where it is used in cooling and carrier gas in manufacturing processes. Helium gas is also used in the welding and metal fabrication sector to provide an inert ambient condition that hinders oxidation during high-precision welding activities. Additionally, it's being used in aerospace & and industrial processes for leak detection and pressurized systems further solidifies its position.
By Application
Cryogenics held the largest market share around 28% in 2023. The prime focus is on ultra-low temperature applications, which are vital in the healthcare, aerospace & research industries. Helium is needed for MRI machines where it is used to cool superconducting magnets so they can function. Also, it is used in particle accelerators, space, quantum computing, etc. where extreme cooling aria required for maximum domination. It further cements its market dominance due to the rising need for cryogenic helium during liquefied natural gas (LNG) production and superconducting applications. Its growth is propelling the use of helium as it is promising to remain at the forefront of cryogenics with improvements in space and medical imaging.
By End Use Industry
Medical & Healthcare held the largest market share around 38% in 2023. It is widely used in MRI machines, respiratory therapies, and cryogenic medical applications. Helium serves an integral part in the operating of the magnetic resonance imaging (MRI) systems; helium cools the superconducting magnets to keep the superconducting magnets working, enabling high-precision imaging for accurate diagnostics. Helium is also used for respiratory therapy for patients with lung pathology because helium-oxygen mixtures are less viscous than air. Helium in Healthcare has garnered significant adoption due to the increasing demand for advanced medical diagnostics and the rising incidence of respiratory diseases. Also, since helium is utilized for the cryogenic preservation of biological samples and organ transplants, it gives helium a firm foothold in the business.
North America held the largest market share, around 35% in 2023. It is due to the presence of a strong industrial base specifically in the U.S., which is responsible for relatively high demand for helium in the region. Located in the same region, the United States has historically been the major supplier of helium worldwide and used to host some of the largest reserves of helium. Especially for MRI machines, the growth in the need from the medical industry has quickly propelled growth up for the market. In addition to the above, a growing semiconductor and electronics industry relying on helium for cooling and leak detection only enhances demand. North America has retained its leading position in the market owing to the presence of key market players, well-established supply chains, and continual investments in helium extraction and storage technologies as well. In addition, government policies for domestic helium production and strategic reserves guarantee a steady supply to further cement the regional dominance over the market.
Asia Pacific contributes to a substantial portion of helium consumption on account of rapid industrialization, increasing electronics industry, and widening healthcare needs. Significant growth in semiconductor manufacturing has been observed in China, Japan, South Korea, and India, with helium used for cooling processes and leak detection. Moreover, the increasing utilization of MRI machines across the healthcare industry, driven by enhancing medical infrastructure, has been creating a positive outlook for helium consumption. Even more, the region has a growing aerospace and defense sector in need of helium for rocket propulsion and welding. In addition, the Helium shortage is encouraging government initiatives and partnerships to hold a constant supply of helium in the market, and the development of Gas extraction technologies might show a high presence for the Asia Pacific region in the helium market over the coming years.
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Key Players
Air Products and Chemicals, Inc. (Helium Dewar, Helium Gas Cylinder)
Linde Plc (Balloon Gas, Helium Purity Plus)
Air Liquide (ALPHAGAZ Helium, HELIAL)
Messer Group (Messer Helium Balloon Gas, Ultra High Purity Helium)
Taiyo Nippon Sanso (Helium Gas Cylinder, Helium Liquid Dewar)
MESA Specialty Gases & Equipment (Research Grade Helium, Semiconductor Helium)
Matheson Tri-Gas Inc. (Matheson Helium, Ultra-High Purity Helium)
Iwatani Corporation (Liquid Helium, Helium Gas for Cryogenics)
Gazprom PJSC (Gazprom Helium, Industrial Helium)
Gulf Cryo S.A.L. (Helium Grade 5.0, Helium Gas Mixtures)
IACX Energy (High Purity Helium, Processed Helium Gas)
Weil Group Resources, LLC (Weil Liquid Helium, Industrial Grade Helium)
ExxonMobil (ExxonMobil Helium, Research Grade Helium)
Praxair Technology, Inc. (Praxair Helium, Helium for Electronics)
Airgas, Inc. (Airgas Balloon Helium, Medical Helium)
Gazprom Helium Service (Cryogenic Helium, High-Purity Helium)
Buzwair Industrial Gases (Liquid Helium, Helium Cylinder Gas)
Coregas Pty Ltd (Coregas High-Purity Helium, Coregas Balloon Gas)
Linde Engineering (Linde Helium Cryogenics, Helium Purification Systems)
Global Gases Group (Global Gases Liquid Helium, Helium Specialty Gas)
Recent Development:
In November 2024, Reliance's U.S. subsidiary acquired a 21% stake in Wavetech Helium for USD 12 million. This strategic move aims to strengthen Reliance’s position in the low-carbon energy sector by securing a stable helium supply. The investment aligns with the company’s focus on sustainable energy solutions and industrial gas expansion.
In May 2023, First Helium entered into a long-term supply agreement with a leading global industrial gas company. The contract is expected to generate up to USD 100 million in revenue over five years, depending on production levels at the Worsley facility.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 4.52 Billion |
| Market Size by 2032 | USD 7.29 Billion |
| CAGR | CAGR of5.47% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Phase (Gas, Liquid) •By Application Breathing Mixes, Cryogenics, Leak Detection, Pressurizing & Purging, Welding, Controlled Atmosphere, and Others. •By End Use Industry (Aerospace & Defense, Medical & Healthcare, Electronics & Electrical, Nuclear Power, Metal Fabrication, Other) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Air Products and Chemicals, Inc., Linde Plc, Air Liquide, Messer Group, Taiyo Nippon Sanso, MESA Specialty Gases & Equipment, Matheson Tri-Gas Inc., Iwatani Corporation, Gazprom PJSC, Gulf Cryo S.A.L., IACX Energy, Weil Group Resources, LLC, ExxonMobil, Praxair Technology, Inc., Airgas, Inc., Gazprom Helium Service, Buzwair Industrial Gases, Coregas Pty Ltd, Linde Engineering, Global Gases Group. |
Ans: The Helium Market was valued at USD 4.52 Billion in 2023.
Ans: The expected CAGR of the global Helium Market during the forecast period is 5.47%
Ans: Cryogenics will grow rapidly in the Helium Market from 2024-2032.
Ans: Rising the electronics and semiconductor industry, which drives the market growth.
Ans: North America led the Helium Market in the region with the highest revenue share in 2023.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 By Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by l Country, By Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Helium Market Segmentation, by Phase
7.1 Chapter Overview
7.2 Gas
7.2.1 Gas Market Trends Analysis (2020-2032)
7.2.2 Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Liquid
7.3.1 Liquid Market Trends Analysis (2020-2032)
7.3.2 Liquid Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Helium Market Segmentation, by Application
8.1 Chapter Overview
8.2 Breathing Mixes
8.2.1 Breathing Mixes Market Trends Analysis (2020-2032)
8.2.2 Breathing Mixes Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cryogenics
8.3.1 Cryogenics Market Trends Analysis (2020-2032)
8.3.2 Cryogenics Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Leak Detection
8.4.1 Leak Detection Market Trends Analysis (2020-2032)
8.4.2 Leak Detection Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Pressurizing & Puring
8.5.1 Pressurizing & Puring Market Trends Analysis (2020-2032)
8.5.2 Pressurizing & Puring Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Welding
8.6.1 Welding Market Trends Analysis (2020-2032)
8.6.2 Welding Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Controlled Atmosphere
8.7.1 Controlled Atmosphere Market Trends Analysis (2020-2032)
8.7.2 Controlled Atmosphere Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Other
8.8.1 Other Market Trends Analysis (2020-2032)
8.8.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Helium Market Segmentation, by End-Use Industry
9.1 Chapter Overview
9.2.1 Aerospace & Defense Market Trends Analysis (2020-2032)
9.2.2 Aerospace & Defense Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3.1 Medical & Healthcare Market Trends Analysis (2020-2032)
9.3.2 Medical & Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Electronics & Electrical
9.4.1 Electronics & Electrical Market Trends Analysis (2020-2032)
9.4.2 Electronics & Electrical Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Nuclear Power
9.5.1 Nuclear Power Market Trends Analysis (2020-2032)
9.5.2 Nuclear Power Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Metal Fabrication
9.6.1 Metal Fabrication Market Trends Analysis (2020-2032)
9.6.2 Metal Fabrication Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Other
9.7.1 Other Market Trends Analysis (2020-2032)
9.7.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.4 North America Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.5 North America Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.6.2 USA Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.6.3 USA Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.7.2 Canada Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.7.3 Canada Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.8.2 Mexico Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.2.8.3 Mexico Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.6.2 Poland Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.6.3 Poland Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.7.2 Romania Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.7.3 Romania Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.4 Western Europe Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.5 Western Europe Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.6.2 Germany Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.6.3 Germany Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.7.2 France Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.7.3 France Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.8.2 UK Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.8.3 UK Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.9.2 Italy Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.9.3 Italy Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.10.2 Spain Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.10.3 Spain Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.13.2 Austria Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.13.3 Austria Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.4 Asia Pacific Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.5 Asia Pacific Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.6.2 China Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.6.3 China Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.7.2 India Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.7.3 India Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.8.2 Japan Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.8.3 Japan Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.9.2 South Korea Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.9.3 South Korea Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.10.2 Vietnam Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.10.3 Vietnam Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.11.2 Singapore Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.11.3 Singapore Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.12.2 Australia Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.12.3 Australia Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.4 Middle East Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.5 Middle East Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.6.2 UAE Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.6.3 UAE Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.4 Africa Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.5 Africa Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Helium Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.4 Latin America Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.5 Latin America Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.6.2 Brazil Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.6.3 Brazil Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.7.2 Argentina Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.7.3 Argentina Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.8.2 Colombia Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.8.3 Colombia Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Helium Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Helium Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Helium Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 Air Products and Chemicals, Inc.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Product/ Services Offered
11.1.4 SWOT Analysis
11.2 Linde Plc
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Product/ Services Offered
11.2.4 SWOT Analysis
11.3 Air Liquide
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Product/ Services Offered
11.3.4 SWOT Analysis
11.4 Messer Group
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Product/ Services Offered
11.4.4 SWOT Analysis
11.5 Taiyo Nippon Sanso
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Product/ Services Offered
11.5.4 SWOT Analysis
11.6 MESA Specialty Gases & Equipment
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Product/ Services Offered
11.6.4 SWOT Analysis
11.7 Matheson Tri-Gas Inc.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Product/ Services Offered
11.7.4 SWOT Analysis
11.8 Iwatani Corporation
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Product/ Services Offered
11.8.4 SWOT Analysis
11.9 Gazprom PJSC
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.10 Gulf Cryo S.A.L.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Product/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Phase
Gas
Liquid
By Application
Breathing Mixes
Cryogenics
Leak Detection
Pressurizing & Puring
Welding
Controlled Atmosphere
Other
By End Use Industry
Aerospace & Defense
Medical & Healthcare
Electronics & Electrical
Nuclear Power
Metal Fabrication
Other
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Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players
The Ethyl Acetate Market size was USD 5.39 Billion in 2023 and is expected to reach USD 9.59 Billion by 2032, growing at a CAGR of 6.62% from 2024 to 2032.
The Point of Use Water Treatment Systems Market Size was valued at USD 29.48 billion in 2023, and is expected to reach USD 63.50 billion by 2032, and grow at a CAGR of 8.90% over the forecast period 2024-2032.
Hydrogen Gas Market size was valued at USD 227.7 billion in 2023 and is expected to reach USD 320.4 billion by 2032, growing at a CAGR of 3.9% from 2024-2032.
Geranium Oil Market Size was valued at USD 85.6 million in 2023 and is expected to reach USD 124.0 million by 2032, growing at a CAGR of 4.2% from 2024-2032.
The Calcium Hypochlorite Market was valued at USD 780.3 million in 2023 and is expected to reach USD 2006.2 million by 2032, at a CAGR of 11.1% from 2024-2032.
Collagen Peptides Market size was USD 683.9 Million in 2023 and is expected to reach USD 1118.20 Million by 2032, growing at a CAGR of 5.6% from 2024-2032.
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