Helium Gas Trends and Forecast
The future of the global helium gas market looks promising with opportunities in the cryogenic, semiconductor & fiber optic, welding & magnet production, aerostatic, leak detection & gas chromatography and medical field markets. The global helium gas market is expected to reach an estimated $3.6 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are expanding interest in sustainable or "green" chemistry, expanding applications in medical imaging, and rising demand for welding and other industrial applications.Helium Gas by Segment
The study includes a forecast for the global helium gas by material type, application, and region.Helium Gas Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
- Liquid Helium
- Gaseous Helium
Helium Gas Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Cryogenics
- Semiconductor & Fiber Optics
- Welding & Magnet Production
- Aerostatics
- Leak Detection & Gas Chromatography
- Medical Field
- Others
Helium Gas Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Helium Gas Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies helium gas companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the helium gas companies profiled in this report include:- Airgas
- Air Liquid
- Linde
- Messer Group
- Praxair
- Air Products
- Buzwair
Helium Gas Market Insights
The publisher forecasts that liquid helium is expected to witness the higher growth over the forecast period.APAC is expected to witness highest growth over the forecast period due to increasing technological development and modernization, growing personal disposable income and increasing demand from various end-use industries.
Features of the Global Helium Gas Market
- Market Size Estimates: Helium gas market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Helium gas market size by material type, application, and region in terms of value ($B).
- Regional Analysis: Helium gas market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different material type, application, and regions for the helium gas market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the helium gas market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the helium gas market size?Answer: The global helium gas market is expected to reach an estimated $3.6 billion by 2030.
Q2. What is the growth forecast for helium gas market?
Answer: The global helium gas market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the helium gas market?
Answer: The major drivers for this market are expanding interest in sustainable or "green" chemistry, expanding applications in medical imaging, and rising demand for welding and other industrial applications.
Q4. What are the major segments for helium gas market?
Answer: The future of the global helium gas market looks promising with opportunities in the cryogenic, semiconductor & fiber optic, welding & magnet production, aerostatic, leak detection & gas chromatography and medical field markets.
Q5. Who are the key helium gas market companies?
Answer: Some of the key helium gas companies are as follows:
- Airgas
- Air Liquid
- Linde
- Messer Group
- Praxair
- Air Products
- Buzwair
Answer: The publisher forecasts that liquid helium is expected to witness the higher growth over the forecast period.
Q7. In helium gas market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing technological development and modernization, growing personal disposable income and increasing demand from various end-use industries.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the helium gas market by material type (liquid helium and gaseous helium), application (cryogenics, semiconductor & fiber optics, welding & magnet production, aerostatics, leak detection & gas chromatography, medical field, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airgas
- Air Liquid
- Linde
- Messer Group
- Praxair
- Air Products
- Buzwair
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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