Helium is a critical component of many vital technologies that touch our lives on a daily basis, but the capacity of current and anticipated helium supply sources to meet future demand is in doubt. A troubling scenario has evolved since the United States government's decision in 1996 to sell virtually all of its helium stockpile, which was kept in a depleted natural gas field in Amarillo, Texas. The global helium market report is researched and developed by segmenting the market by phase, application, end-use industry, and geography.
Helium Market Report Scope and Research Methodology:
The market report provides historical data and revenue growth estimates at the regional and country levels, as well as a full analysis of Helium market trends in each of the main segments and its sub-segments from 2022 to 2029. The Stellar Market Research team's major research approach is data triangulation, which includes an investigation of the impact of data variables on the Helium market, data mining, and primary (industry expert) validation. The research paper discusses the past and present state of the Helium market. predicted trends and size. The study report provides an easy-to-understand examination of the Helium market's intricate statistics. SWOT analysis was utilized to identify the strengths, weaknesses, opportunities, and threats for major players in the Helium industry, and a bottom-up technique was employed to estimate market size.
Helium Market Report Overview:
The forecast was created mostly by analysing historical data and current market trends in the Helium Market. It includes market size, share, regional analysis, dynamics, CAGR, and future trends, making the study a useful reference for investors because it provides a forward-looking picture of the Helium Industry.
Helium Market size was valued at US $12.20 Billion in 2020 and the Helium Market revenue is expected to grow at 8.3% through 2021 to 2027, reaching nearly US $21.32 Billion. The report analyzes Helium market dynamics by region and end-user industries.
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Helium Market Regional Analysis:
The Helium Market research examines all regions: Europe, North America, Asia-Pacific, the Helium , and Latin America. The report provides the current condition and prediction for the regional Helium market in terms of market size, share, and volume.
Helium Market Segmentation:
For much of the last decade, this resulted in an increase in supply and artificially low pricing. Because this was previously the world's only helium storage facility, all of the helium sold from this reserve has already been spent. Many significant energy projects have been abandoned or delayed as a result of decreased oil and gas prices caused by shale drilling, as well as the depletion of the US government's helium reserve. Helium was previously produced as a byproduct in a few major conventional oil and gas developments that also included helium in significant quantities.
Helium is a non-toxic, inert gas. It can cause nausea, dizziness, vomiting, unconsciousness, and death when inhaled in large quantities. Errors in judgment, confusion, or loss of consciousness can all result in death if self-rescue is not possible. Unconsciousness and death can occur abruptly and unexpectedly when oxygen levels are low. As a result, during the projected period, this is expected to be the factor impeding helium market expansion.
Helium Market Key Players:
Air Products and Chemicals, Inc. (United States)
Air Liquide (France)
Linde AG (Ireland)
Praxair, Inc. (United States)
Taiyo Nippon Sanso Corporation (Japan)
Iwatani Corporation (Japan)
Gulf Cryo (UAE)
Messer Group (Germany)
Qatar Gas Operating Company Limited (Qatar)
Global Gases (India)
Matheson Tri-Gas Inc. (United States)
ONEOK Inc. (United States)
Polish Oil and Gas Company (Poland)
Others (*List of Key Players is not exhaustive)
Key Questions answered in the Helium Market Report are:
What are the Helium market segments?
Which region of the Helium market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Helium market during the forecast period?
What are the emerging trends in the Helium market?
What are the factors restraining the Helium market growth?
Key offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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