Global Helium Market: Insights & Forecast with PotentialImpact of COVID-19 (2021-2025)

The major regional markets North America, Europe,Asia, Africa, Latin America and MEA have been analyzed. 
By: Koncept Analytics
 
DELHI, India - March 26, 2021 - PRLog -- The global helium market is forecasted to reach US$18.18 billion in 2025, growing at a CAGR of 11.15% during the period 2021 to 2025. Growth in the global helium market was supported by various factors such as an increase in laparoscopy procedure volumes and growing demand for consumer electronics. The market is anticipated to face certain trends such as escalating demand for party balloons and upsurge in consumer purchasing power. Fluctuations in smartphone production and cost risks associated with energy sector are likely to act as challenges for the market.

The global helium market on the basis of type can be segmented as follows: gas and liquid. In 2020, the dominant share of the market was held by gas segment. The global helium consumption by industry can be segmented into the following: MRI/NMR, laboratory/sciences, lifting, semiconductor manufacturing, welding/cutting, fiber optic manufacturing, military & space, leak detection and diving. The dominant share in 2020 was held by MRI/NMR segment. The global helium consumption on the basis of region can be segmented as follows: Europe & FSU, the US, China, Latin America, MEA and other APAC. The dominant share of consumption in 2020 was recorded from Europe & FSU segment, followed by the US.

The global helium production by supply source can be segmented into the following: LNG, by-product, BLM reserve and primary. The largest share of production was generated from LNG, followed by by-product segment. By region, the production can be segmented as follows: the US, Qatar, Algeria, US BLM, Russia and Poland, with US holding the dominant share in 2020. Factors such as increasing number of R&D centers and rising number of manufacturing plants enabled US to obtain the highest share of global production.

Scope of the report:
  • The report provides a comprehensive analysis of the global helium market with potential impact of COVID-19.
  • The major regional markets North America, Europe, Asia, Africa, Latin America and MEA have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (ExxonMobil Corporation, Linde, Gazprom, Air Liquide, PGNiG and Messer Group) are also presented in detail.

For more Information:

https://www.konceptanalytics.com/report/energy-utilities/global-helium-market-insights-forecast-with-potential-impact-of-covid-19-2021-2025

Koncept Analytics

Vikas Gupta

(Business Development Manager)

FFCS-36, Ansal Plaza

Vaishali, Ghaziabad

U.P - 201010

Tele: +91-120-4130959

Mobile: +91-9871694789

Mail ID – vikas@konceptanalytics.com

Contact
Vikas Gupta
vikas@konceptanalytics.com
+91-9871694789
End
Email:***@konceptanalytics.com
Posted By:***@konceptanalytics.com Email Verified
Tags:Global Helium Market
Industry:Reports
Location:Delhi - Delhi - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share