Chemical & Material industry report: Status and future development trend of Helium

The 《Global Helium Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029》 market analysis released by Global Market Consulting shows that the report covers the research and analysis of the global and Helium, and the report also analyzes the factors that affect market development, and the data in the report are based on primary and secondary research. The method is used as the basis, and its purpose is to let users know the development opportunities and unfavorable factors of the market in time.

Helium is a chemical element with symbol He and atomic number 2. It is a rare atmospheric gas which is colorless, odorless, tasteless, nontoxic, nonflammable and only slightly soluble in water. The concentration of Helium in the atmosphere by volume percent is 5.24 x 10-4. Its boiling points and melting points are the lowest among all the elements and it exists only as a gas except in extremely cold conditions. Helium is principally shipped and used in either gaseous or liquid form for nuclear reactors, semiconductors, lasers, light bulbs, superconductivity, instrumentation, medical applications, cryogenics, MRI and R & D laboratory research.

According to our (Global Info Research) latest study, the global Helium market size was valued at USD 1821 million in 2022 and is forecast to a readjusted size of USD 3581.4 million by 2029 with a CAGR of 10.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core Helium manufacturers include Qatargas (Qa), Linde (Us, Au) etc.The top 3 companies hold a share about 65%.Asia Pacific is the largest market, with a share about 34%, followed by North America and Europe with the share about 32% and 24%.

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