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Global Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Global Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

  • April 2021
  • ID: 6067320
  • Format: PDF
  • ChemAnalyst

Summary

Table of Contents

Global Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Global helium demand is projected to grow at a healthy CAGR of 4.65%. Helium is a chemically inert gas which liquifies at low temperatures. It is commercially available in two forms namely gas and liquid. It has many properties including non-reactive, non-corrosive, and non-flammable properties. Due to these properties, helium finds application in many areas including breathing mixes, cryogenics, leak detection, welding, pressurizing and purging, controlled atmosphere, and others. It has many end use industries such as aerospace, electronics and semiconductors, nuclear power, healthcare, welding, metal fabrication, others. Growing demand from healthcare industry where it is used in magnetic resonance imaging (MRI) for magnet cooling and semiconductor and electronics industry where it is used in the manufacturing of LED screens is expected to drive the demand of helium during the forecast period. Moreover, stringent government regulations regarding usage of helium and expensive extraction process might hinder the demand growth during the forecast period. Additionally, the growing demand for ultra-low temperature freezers is expected to push the demand further during the forecast period.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries.Medical gases were among the most affected industries during the pandemic.

This had an impact on the demand of helium for the first half of 2020.The demand for helium grew during the coronavirus pandemic.

However, the demand of semiconductors and electronics fell during the pandemic. This negatively affected the demand of helium.
Region wise, Asia pacific region holds the major share of global demand for helium due to increasing demand of healthcare and semiconductors and electronics. Moreover, increasing population and per capita income in emerging economies like India and China coupled with growing number of industries using helium is another factor influencing demand growth in the Asia Pacific region.

Years considered for this report:

Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030

Objective of the Study:

• To assess the demand-supply scenario of helium which covers production, demand and supply of helium market globally.
• To analyse and forecast the market size of helium.
• To classify and forecast global helium market based on technology, end-use and regional distribution.
• To identify drivers and challenges for global helium market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global helium market.
• To identify and analyse the profile of leading players involved in the manufacturing of helium.
Major players for helium globally include Air Liquide, Exxon Mobil Corporation, Gulf Cryo, Linde Plc, Messer Group GmbH, PGNIG SA, Renergen, Air Products and Chemicals, Inc., Gazprom, Iwatani Corporation, Matheson Tri-Gas Inc., NexAir LLC, Qatargas Operating Company Limited, Weil Group.
To extract data for global helium market, primary research surveys were conducted with helium manufacturers, suppliers, distributors, wholesalers and end users.While interviewing, the respondents were also inquired about their competitors.

Through this technique, the analyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the analyst examined various end user segments and projected a positive outlook for Global helium market over the coming years.
The analyst calculated helium demand globally by analyzing the historical data and demand forecast which was carried out considering imported helium, prices, materials used for production of helium .The analyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

Various secondary sources such as company websites, association reports, annual reports, etc., were also studied .

Key Target Audience:

• helium manufacturers and other stakeholders
• Organizations, forums and alliances related to helium distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as helium manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:


In this report, global helium market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Application-Breathing Mixes, Cryogenics, Leak Detection, Welding, Pressurizing and Purging, Controlled Atmosphere
• Market, by Type-Liquid, Gas
• Market, by Sales Channel-Direct Company Sale, Direct Import, Distributors & Traders, Retailers
• Market, by Region-North America, APAC, Europe, MEA, South America

Competitive Landscape

The analyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.

Available Customizations:

With the given market data, the analyst offers customizations according to a company’s specific needs.

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