The market research report on the Helium Market aims to help the users discover detailed information regarding trends in the market. The report also throws light on the overview of the thorough analysis of the correlated key players active in the market, covering their competitive landscape, supply chain analysis, and latest developments like investments, expansion, technological growth, etc.
Market Forecast:
During the coming 5 years, the Helium Market is expected to grow at a healthy 4.5% CAGR. There are number of factors that have a direct or indirect effect on demand influence the market's growth. The report has been compiled using few methods that aid in analysing the company's strengths, weaknesses, and taking advantage of opportunities to avoid market pitfalls.
Here are the key-players mentioned in the report –
- Air Products and Chemicals Inc.
- Air Liquide S.A.
- Linde Plc
- Matheson Tri-Gas Inc.
- Ellenbarrie Industrial Gases Ltd.
- Taiyo Nippon Sanso Corporation
- Messer Group GmbH
- Weil Group Resources, LLC
- Iwatani Corporation
- Matheson Tri-Gas, Inc.
Wish to get a free sample report? Click Here:
https://www.stratviewresearch.com/Request-Sample/1164/helium-market.html#form
Segment-wise Analysis:
Market segmentation included in this report divides the Helium Market into subgroups based on demographics, needs, priorities, shared interests, and other behavioural characteristics that help to better understand the target audience. The user can be benefitted by using this targeting in product, sales, and marketing strategies.
As per the report, the market is segmented by:
Helium Market Share: By Phase Type
Based on the phase type, the market is segmented as liquid and gas. The gas-phase segment held the larger share of the market in 2019, and is expected to register the faster growth during the forecast period. The gas-phase is mostly used for welding and due to its lightweight and inflammable property it’s used in place of hydrogen in balloons, airships, etc. The growing development of efficient storage and transport methods for helium gases is expected to provide numerous opportunities over the forecast period.
Helium Market Share: By End-Use Industry Type
Based on the end-use industry type, the helium market is segmented as healthcare, electronics & semiconductors, aerospace, energy & power, and others. The healthcare segment held the largest share of the market in 2019, owing to its wide range of uses in the healthcare industry. Helium is used for cooling magnets of MRI machines, and with the growing demand of MRI scans, the demand for helium in healthcare sector is increasing. The growth of MRI technology is likely to create a healthy opportunity in the near future.
Helium Market Share: By Region
In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the US electronics market, which is one of the largest procurers of helium. Further, the growing usage of MRI diagnostics in the USA is one of the key growth factors for region’s market.
COVID-19 IMPACT
The coronavirus pandemic affected almost all the sectors of the economy in 2020. Many businesses across the globe saw their supply chains interrupted, demand for their products and services decline, scarcities in supplies and inputs, etc.
While the majority of organisations had to face losses due to the pandemic, there are a few that have remained stable during this period and are projected to expand gradually in the future. The study on the Helium Market by Stratview Research provides a sneak peek into its business success in 2020 to upcoming 5 years.
Sneak peek into the Report:
This report focuses on the various types, segments, and growth in the Helium Market. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.
The report also benchmarks the major parameters like -
• Industry Outlook
• Market Segmentation & Value Chain Analysis
• Industry Dynamics
• Drivers
• Restraints
• Growth Opportunities
• Regional Outlook
• Country-level Analysis
• Competitive Landscape
• Company Market Share Analysis
• Key Company Profiles/ Market Players
Go Through the Full Scope of the Report Here:
https://www.stratviewresearch.com/1164/helium-market.html
Need a detailed report? Get in touch with us:
Stratview Research
E-mail: [email protected]
Direct: +1-313-307-4176
Know more about Stratview Research:
Stratview Research is a global market research company and is known to provide custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas, etc. The veteran market experts and research team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.