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The Helium market is a subset of the Industrial and Specialty Gases industry. Helium is a non-renewable, inert gas that is used in a variety of applications, including medical imaging, welding, and aerospace. It is also used in cryogenics, as a coolant for superconducting magnets, and as a lifting gas for balloons and airships. Helium is also used in the production of semiconductors and fiber optics.
The demand for Helium is driven by the need for its unique properties, such as its low boiling point and its inertness. The supply of Helium is limited, as it is a non-renewable resource. As a result, the price of Helium has been steadily increasing in recent years.
Companies in the Helium market include Air Products and Chemicals, Linde, Praxair, Air Liquide, and Matheson Tri-Gas. Show Less Read more
