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Global Helium Market - Segmented by Phase, by Form, by Application, by End-user industry, and Geography - Growth, Trends, and Forecasts (2018 - 2023)

Global Helium Market - Segmented by Phase, by Form, by Application, by End-user industry, and Geography - Growth, Trends, and Forecasts (2018 - 2023)

The global helium market is expected to witness a moderate CAGR during the forecasted period, 2018-2023. The market is mainly driven by the increase in urbanization and industrialization in developing economies of India, China, etc. Other factors that influence market growth include the massive research done in helium production.

Growing Consumption in Electronics & Semiconductors Industry

The Electronics & semiconductors industry is a significant consumer of helium. Helium is used as the sleeve in rods that create LCD screens. It is also used as protective gas for flushing vessels during the processing of semiconductor chips. It is vital for the manufacturing of optic fiber cables. Helium atmosphere in the cables prevent bubbles trapping inside the fiber cables. The semiconductor industry has been on the rise in recent years, especially in Asia-Pacific. Flat-panel display manufacturing, semiconductor manufacturing, and optical fiber manufacturing are all significant consumers of helium in Asian markets. The growth of helium during the forecast period will be driven by the demand from electronics manufacturers in major countries, such as China, India, South Korea, and Taiwan.

Gas Phase to Dominate the Market

Helium gas finds plenty of uses in various industries, such as aerospace, automotive, electronics, healthcare, welding, and others. This gas is lighter than air and is inflammable, leading to its use in place of hydrogen in balloons, airships etc. In space flight operations, helium is also used to purge hydrogen systems. It also works as a pressurizing agent for ground and flight fluid systems. It is used by space agencies, such as NASA, Arianespace etc. Helium has the highest ionization potential of any atom, and is therefore, applied as a shielding gas in plasma arc welding of exotic metals, such as magnesium, zirconium, titanium, and aluminum alloys used in shipbuilding, construction, and aerospace. Helium gas is also used in leak detection because of it being a monoatomic molecule and small molecular size. It is used for detecting leaks in fuel tanks, rockets, gas lines, heat exchanges, and various electronic devices. Hence, the growing application of Helium gas is boosting the demand for Helium over the forecast period.

Increasing Applications in Healthcare Industry

Helium gas finds plenty of uses in healthcare industry. It can reach a temperature of -269 C (the low boiling point), making liquid helium the best option for cooling magnets of MRI machines. Helium is also being used for breathing observation. It is an essential component in treating emphysema, ailments asthma, and other conditions that affect breathing. Helium gas is usually used to treat lung diseases. Oxygen and helium are used together for the treatment of acute and chronic forms of respiratory ailment. This combination is faster in reaching to the lungs than all other mixers.

The demand for helium in healthcare sector is increasing due to the growing demand of MRI scans. There has been a rise in chronic diseases, which has led to need for early diagnosis. MRIs are best for scan of head, chest, blood vessels, bones, spine, abdomen etc. MRI has also seen growing applications in cancer screening and neurology. The growth of MRI technology will, in turn, lead to growth of helium market. Hence, the robust usage of helium in healthcare industry is expected to drive the market for Helium during the forecast period.

Major Players: Air Liquide, Air products, Praxair Inc, and Linde AG, amongst others.

Key Developments in the Market

June 2017: Air Liquide signed a contract with three major Chinese fiber optics manufacturers with period of 10 to 15 years

Reason to purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Application that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Research Phases
1.2 Scope of the Report
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porters Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Price analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Consumption in the Electronics & Semiconductors Industry
4.1.2 Growth of Cryogenic Applications in Emerging Countries
4.1.3 Increasing Use in Healthcare Systems
4.1.4 Increased Optical Fiber Manufacturing in Asia
4.2 Constraints
4.2.1 Expensive Extraction Process
4.2.2 Volatility of price
4.2.3 Stringent Government Regulations Concerning Helium Use
4.3 Opportunities
4.3.1 Development of Efficient Ways for Storage & Transport for Gases
4.3.2 Huge Deposit of Natural Gas Found in Tanzania and Saskatchewan
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Phase
5.1.1 Liquid
5.1.2 Gas
5.2 By Application
5.2.1 Breathing Mixes
5.2.2 Cryogenics
5.2.3 Leak Detection Vacuum Testing Pressure Testing
5.2.4 Pressurizing and Purging
5.2.5 Welding
5.2.6 Controlled Atmospheres
5.2.7 Others
5.3 By End-user Industry
5.3.1 Aerospace & Aircraft
5.3.2 Electronics & Semiconductors
5.3.3 Nuclear Power
5.3.4 Health Care
5.3.5 Welding & Metal Fabrication
5.3.6 Others
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 Production Analysis
6.1.1 United States
6.1.2 Qatar
6.1.3 Algeria
6.1.4 Australia
6.1.5 Canada
6.1.6 Poland
6.1.7 Russia
6.1.8 Others
6.2 Consumption Analysis
6.2.1 Asia-Pacific China India Japan South Korea Australia & New Zealand Rest of Asia-Pacific
6.2.2 Europe Germany France Italy United Kingdom Russia Rest of Europe
6.2.3 North America United States Mexico Canada Rest of North America
6.2.4 Rest of the World South America Middle East & Africa Others
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
9.1 Air Liquide
9.2 Air Products
9.3 Praxair Inc.
9.4 Gazprom
9.5 Linde AG
9.6 Gulf Cryo
9.7 Iceblick
9.8 Iwatani
9.9 Nexair
9.10 Exxon Mobil Corporation
9.11 Qatar Gas
9.12 Weil Group Resources
9.13 Global gases group
9.14 Renergen Limited
9.16 Messer group
*List Not Exhaustive
10. Disclaimer
** Subject to availability on public Domain

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