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October 19^th,2021/IndustryNewsGlobal/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Helium Market.

Helium Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Helium market is likely to witness an impressive CAGR of 4.5% during the forecast period. Increasing consumption of helium in the electronics and semiconductor industries along with the growing usage of helium in the healthcare industry is the prime factors that is driving the growth of the market. The developing trend of helium application in nuclear power plants, metal works, and semiconductor production further adds a healthy growth opportunity in the helium market.

Segment Analysis

Based on the phase type, the market is segmented as liquid and gas. The gas-phase segment held the larger share of the market in 2019, and is expected to register the faster growth during the forecast period. The gas-phase is mostly used for welding and due to its lightweight and inflammable property it’s used in place of hydrogen in balloons, airships, etc. The growing development of efficient storage and transport methods for helium gases is expected to provide numerous opportunities over the forecast period.

Based on the end-use industry type, the helium market is segmented as healthcare, electronics & semiconductors, aerospace, energy & power, and others. The healthcare segment held the largest share of the market in 2019, owing to its wide range of uses in the healthcare industry. Helium is used for cooling magnets of MRI machines, and with the growing demand of MRI scans, the demand for helium in healthcare sector is increasing. The growth of MRI technology is likely to create a healthy opportunity in the near future.

In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the US electronics market, which is one of the largest procurers of helium. Further, the growing usage of MRI diagnostics in the USA is one of the key growth factors for region’s market.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Helium Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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The disturbing improvements in the general business regions in view of the startling scene of the COVID-19 infection have passed on many major and minor quakes to undertakings of all sizes including the Helium market.

It was assessed before this surprising scene that the Helium market was expected to make at a CAGR of 4.5% during the check time span. Regardless, the constant dropping down of endeavors will pure and simple force limits on the actually assessed headway rate.

Helium is a made portion with nuclear number 2 and is shown by the image He. It is a dismal, scentless, dull, non-harmful, dormant, monatomic gas, fundamentally made or sourced from vaporous petrol wells. Helium gas is lighter-than-air on account of its low thickness, and has a most irrelevant cutoff among all the sections.

Developing utilization of helium in the gear and semiconductor experiences near to the making use of helium in the clinical thought industry is the superb components that is driving the progression of the market. The making illustration of helium application in thermal energy stations, metal works, and semiconductor creation further adds a sound headway opportunity in the helium market.

This report considers the market covering a time of 12 years of model and supposition. The report gives point by direct experiences into the market segments toward empower trained business dynamic and improvement strategy ordering subject to the chances present keeping an eye out.

Considering the stage type, the market is sectioned as fluid and gas. The gas-stage territory held the more noteworthy section of the market in 2019, and is relied on to enroll the quicker improvement during the check period of time. The gas-stage is all around utilized for welding and by virtue of its lightweight and inflammable property it's utilized as opposed to hydrogen in inflatables, carriers, and so forth The making movement of skilled putting away and transport techniques for helium gases is expected to give various freedoms over the measure interval of time.

Considering the end-use industry type, the helium market is partitioned as clinical thought, gadgets and semiconductors, flight, energy and force, and others. The clinical organizations package held the best section of the market in 2019, inferable from its wide degree of occupations in the clinical thought industry. Helium is utilized for cooling magnets of MRI machines, and with the making interest of MRI checks, the interest for helium in clinical organizations domain is developing. The headway of MRI advancement is likely going to set out a sound open door soon.

Concerning, North America is studied to be the best market during the supposition time-frame, with the USA, Canada, and Mexico being the nations with compensating improvement openings. The progression of the zone's market is essentially directed by the US gadgets market, which is likely the best procurer of helium. Further, the making utilization of MRI diagnostics in the USA is one of the key progression factors for domain's market.

Imperative individuals:

A piece of the tremendous helium makers are-

• Air Products and Chemicals Inc.
• Air Liquide S.A.
• Linde Plc
• Matheson Tri-Gas Inc.
• Ellenbarrie Industrial Gases Ltd.
• Taiyo Nippon Sanso Corporation
• Messer Group GmbH
• Weil Group Resources, LLC
• Iwatani Corporation
• Matheson Tri-Gas, Inc.