Helium Market, Led by Air Products & Chemicals, to Cross $ 8 Billion Mark by 2023
Growing adoption of helium across various
applications along with discovery of new helium sources to fuel growth in
global helium market through 2023
According
to recently published TechSci Research report “Global Helium Market By Application, By Type, By Distribution,By Region, Competition Forecast & Opportunities, 2013 - 2023’’, global
helium market is projected to surpass $ 8.2 billion by 2023. Growth
in the market can be attributed to increasing demand for
helium in electronics
industry, semiconductors, space research and MRI & NMR scanning. Moreover, commissioning of two more
extraction units of helium in Qatar along with
implementation of helium extraction Act 2017 in USA, is likely to positively influence global helium market
during the forecast period. Additionally, rising focus of companies on
discovery of new helium sources due to limited availability of the already
existing helium sources is further likely to aid the growth of global helium
market in the coming years.
Browse 170 market data Figures and Tables
spread through 158 Pages and an in-depth TOC on "Global Helium Market"
https://www.techsciresearch.com/report/global-helium-market/3368.html
On the basis of type,
global helium market is segmented into gaseous and liquid, of which, the
gaseous segment dominated the market in 2017 and is anticipated to continue its
dominance during forecast period as well. Growth of this segment is led by high
profitability as compared to liquid helium and rising number of small and
mid-size users, which are the major demand generator for gaseous helium. A
large demand for helium gas emanates from North America and Asia-Pacific due to
growing semiconductor and rising number of MRI & NMR scans across the
countries in these regions.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3368
Customers can also request for 10% free
customization on this report.
Global
helium market is dominated by Air Product & Chemicals, Inc., as the company
has the largest crude helium sourcing contracts with US Department of the
Interior Bureau of Land Management for the year 2018. The company is likely to
maintain its dominance during forecast period as well. “Growing electronics sector in China, Japan and South
Korea is anticipated to propel demand for gaseous helium over the coming years.
Moreover, rising focus on recycling helium due to its high price and limited
availability is further likely to contribute to its demand. Additionally,
merger and acquisition activities taking place in the market would further
steer growth in the global helium market in the coming years.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global Helium
Market By Application, By Type, By Distribution, By Region, Competition
Forecast & Opportunities, 2013 - 2023” has evaluated the future growth potential of global helium and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the global helium market
About TechSci Research
TechSci Research is a leading
global market research firm publishing premium market research reports. Serving
700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth
and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken
Mathews
708 Third
Avenue,
Manhattan,
NY,
New York –
10017
Tel:
+1-646-360-1656
Email: [email protected]