Dublin, November 16, 2021--(Business Wire)--ResearchAndMarkets.com has added the report "Global Helium Market in 2021: Market Insights and Forecasts and the Impact of COVID-19 (2021-2026)" to ResearchAndMarkets.com's products .
The global helium market is valued at USD 4.46219 billion in 2020
Helium has huge growth potential in healthcare, balloon travel in near space, semiconductors, and other electronic applications.
The demand of Asian electronics manufacturers is expected to drive the future growth of helium. The high price of helium and the limited supply to some extent encourage helium buyers to buy in large quantities at the lowest possible price and store them for future use, which helps increase the demand for helium in the world market.
Depending on the type, the gaseous form of helium is expected to increase significantly at the local and regional levels. Gaseous helium has high growth potential in the next few years because it has applications in a variety of different industries, including electronics (production cooling), breathing environment (faster, easier and safer decompression), Chromatography and laboratory applications, etc.
The Asia-Pacific region will have the highest helium demand in 2020, occupy an important share of the global helium market share, and is expected to remain the largest consumer during the forecast period.
The high demand is attributed to the future growth of helium, which is expected to be driven by demand from Asian electronics manufacturers. Semiconductors, flat panel displays, and fiber optic manufacturing are all important consumers of helium in the Asian market.
As the application of helium in almost all industries in the world increases, the global market for helium is increasing. In many cases, the fact that helium cannot be synthesized, manufactured or replaced is driving the helium market, making it a very demanding and inelastic raw material in the world market.
Helium is on the important material lists of major regions and countries such as the United States, the European Union, China, and other major economies.
The report analyzes the helium market by value (millions of dollars).
The report analyzes the helium market by volume (million cubic feet)
The report analyzes the helium market by type (gaseous, liquid).
The report analyzes the helium market by application (MRI/NMR machines, lifting, science, welding, others).
The global helium market has been analyzed by country (United States, Canada, Italy, United Kingdom, Germany, France, China, Japan, India, South Korea).
The key insights of the report have been presented through the framework of SWOT and Porter's five forces analysis. In addition, the attractiveness of the market has been presented by region, composition, and species.
In addition, the report analyzes the main opportunities, trends, driving factors and challenges of the industry.
The report tracks competitive development, strategy, mergers and acquisitions, and new product development.
The report analyzes the helium market during the historical period 2016-2020 and the forecast period 2021-2026.
Company profile (business description, financial analysis, business strategy)
For more information about this report, please visit https://www.researchandmarkets.com/r/jrbvye
View the source version on businesswire.com: https://www.businesswire.com/news/home/20211116005803/en/
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900
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