Gaseous Helium Market was valued at USD 5.4 Billion in 2022 and is projected to reach USD 9.3 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The global gaseous helium market was valued at approximately USD 5.2 billion in 2022, with a compound annual growth rate (CAGR) of 6.8% projected from 2023 to 2028. This market growth is driven by the increasing demand for helium in various industrial applications, including aerospace, medical imaging, and electronics. The expanding use of helium in cryogenics, particularly in MRI machines, and its role in inflating balloons and purging systems further contribute to the market’s upward trajectory. Additionally, helium's application in high-performance computing and the semiconductor industry continues to boost demand.Emerging markets present significant opportunities for the gaseous helium sector, particularly in regions such as Asia-Pacific and Latin America. These regions are experiencing rapid industrialization and technological advancements, driving up the demand for helium. In Asia-Pacific, countries like China and India are seeing a surge in investment in healthcare infrastructure and electronics manufacturing, which are major consumers of helium. Furthermore, the strategic focus on helium recovery and recycling technologies is expected to address supply constraints and open new avenues for growth. As the market evolves, stakeholders are poised to benefit from these regional developments and technological advancements.
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Air Liquide SA
Air Products & Chemicals
Inc.
Airgas
Buzwair
Exxon Mobil Corporation
Gazprom
Gulf Cryo
Iwatani Corporation
Linde AG
Messer Group GmbH
PGNiG (PL)
Praxair Inc.
Somatrach
Weil Group Resources
LLC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Gaseous Helium Market
Cryogenics
Aerostatics
Pressurizing and Purging
Leak Detection
Welding
Others
Based on Types the Market is categorized into Below types that held the largest Gaseous Helium market share In 2023.
Industrial-Grade Helium
Grade A
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Gaseous Helium Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Gaseous Helium Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gaseous Helium Market, By Type
6. Global Gaseous Helium Market, By Application
7. Global Gaseous Helium Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Gaseous Helium Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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