Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Format: Online | Last Updated: Aug 2021

[Online Quarterly Update] Helium demand stood at 5.75 Million Tonnes in 2020 and is forecast to reach 9.05 Million Tonnes by 2030, growing at a healthy CAGR of 4.65% until 2030. Helium is a chemically inert gas that liquefies at low temperatures. It is commercially available in two gas and liquid forms. Due to its non-reactive, non-corrosive, and non-flammable properties, helium finds application in breathing mixes, cryogenics, leak detection, welding, pressurizing and purging, controlled atmosphere, and others. The chemical has many end-use industries such as aerospace, electronics, and semiconductors, nuclear power, healthcare, welding, metal fabrication, others. There has been a steady demand for helium in the healthcare industry for MRI purposes. Also, the increasing inclination towards LED screens is expected to increase the demand for helium in the semiconductor and electronics industry. Moreover, stringent government regulations regarding the usage of helium and expensive extraction process might hinder the market growth during the forecast period. Additionally, the growing demand for ultra-low temperature freezers is expected to push the demand further during the forecast period.
 
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which put the negative impact on some industries. Medical gases were among the most affected industries during the pandemic. However, the demand for semiconductors and electronics fell during the pandemic. The use of helium in aerospace applications declined as the industry took a severe blow from the coronavirus pandemic. Besides, the rapid slowing down of R&D activities also caused a major disruption in the global helium market.
 
Region-wise, the Asia Pacific region holds the major share of global demand for helium due to the increasing demand for healthcare and semiconductors, and electronics. Moreover, increasing population and per capita income in emerging economies like India and China coupled with a growing number of industries using helium is another factor influencing demand growth in the Asia Pacific region.
 
Major players for helium globally include Air Liquide, Exxon Mobil Corporation, Gulf Cryo, Linde Plc, Messer Group GmbH, PGNIG SA, Renergen, Air Products and Chemicals, Inc., Gazprom, Iwatani Corporation, Matheson Tri-Gas Inc., NexAir LLC, Qatargas Operating Company Limited, Weil Group, and others. 
 
Years considered for this report:
 
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
 
This report will be delivered on an online digital platform with one-year subscription and quarterly update.  
 
Objective of the Study:
 
• To assess the demand-supply scenario of helium which covers productio+E36n, demand and supply of helium market globally.
• To analyse and forecast the market size of helium.
• To classify and forecast global helium market based on technology, end-use and regional distribution.
• To identify drivers and challenges for global helium market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global helium market.
• To identify and analyse the profile of leading players involved in the manufacturing of helium.
 
To extract data for global helium market, primary research surveys were conducted with helium manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global helium market over the coming years.
 
ChemAnalyst calculated helium demand globally by analyzing the historical data and demand forecast which was carried out considering imported helium, prices, materials used for production of helium . ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
 
Key Target Audience:
 
• Helium manufacturers and other stakeholders
• Organizations, forums and alliances related to helium distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
 
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as helium manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
 
Report Scope:
 
In this report, global helium market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size volume in 2020
5.75 million Tonnes
Market size volume in 2030
9.05 million Tonnes
Growth Rate
CAGR of 4.65% from 2021 to 2030
Base year for estimation
2020
Historic Data
2015 – 2019
Forecast period
2021 – 2030
Quantitative units
Demand in tons and CAGR from 2021 to 2030
Report coverage
Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered
1. Application: (Breathing Mixes, Cryogenics, Leak Detection, Welding, Pressurizing and Purging, Controlled Atmosphere)
2. Type: (Liquid, Gas)
3. Sales Channel: (Channel-Direct/Institutional Sales, Indirect Sales)
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled
Air Liquide, Exxon Mobil Corporation, Gulf Cryo, Linde Plc, Messer Group GmbH, PGNIG SA, Renergen, Air Products and Chemicals, Inc., Gazprom, Iwatani Corporation, Matheson Tri-Gas Inc., NexAir LLC, Qatargas Operating Company Limited, Weil Group, and others.
Customization scope
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs.Explore purchase options
 
Available Customizations:
 
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
 
In case you can’t find what, you are looking for then please get in touch with our custom research team at sales@chemanalyst.com

Frequently Asked Questions (FAQ):

 Which is the projected CAGR of helium? 

 Helium is projected to grow at a healthy CAGR of 4.65%.  

Which region holds the maximum demand share in the Global helium market as of 2020?

Asia Pacific holds the major demand share of helium due increasing demand of the healthcare and semiconductor and electronics industry. 

Do You offer a single or multi-user license?

We offer multi-user license, which will allow three users within in your organizations to access the report at any given point of time.

Will I get access to Analyst who has authored the report?

Yes, you will have 24/7 access to the analyst during the subscription period.

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