The proportion of helium in natural gas differs from region to region and as a result, there are very few countries that produce helium commercially. Judging by the fact that helium, though found abundantly in outer space, is restricted to a handful of regions on earth, it becomes imperative that market players understand the scope, prospects, and limitations of the helium market both at a global and domestic level.
The research report provides a fully comprehensive understanding and analysis of the helium market, breaking it down into various segments and sub-segments. It evaluates the nuances of the global market and identifies the forces that support and restrict the helium industry.
Overview of the global helium market
Geographically, North America held the largest share of the helium market in 2012, with Asia-Pacific identified as the fastest-growing regional segment over the course of the forecast period from 2013 to 2019. The primary driver of the Asia-Pacific helium market is the rapid pace of urbanization and industrialization in emerging economies such as India and China.
Helium is used industrially for a multitude of applications. It is used to minimize the distorting effect of temperature variations in space, to cool metals needed for superconductivity, as a carrier in gas chromatography, and in cryogenic applications. It is also used in various applications such as nuclear reactors, lasers, magnetic levitating trains, plasma cleaning, in-leak detection, welding, and heat transfer. The increasing use of helium in MRI equipment is a vital factor expected to raise the demand for helium.
There have been many ongoing R&D activities regarding the use of helium in unconventional industrial purposes such as analytical applications and aerospace. This is anticipated to be a prime driver for the growth of the helium market in coming years.
Be that as it may, there are still some factors that are holding the helium market back. Inhalation of helium in excess can prove to be fatal and owing to this, government bodies have been strictly regulating the use of helium. Moreover, the price of helium is rather volatile, which further restricts the global market.
Companies mentioned in the research report
Key global and domestic players functioning in the helium market include Qatargas Operating Company (Qatargas), Matheson Tri-Gas, Inc., Praxair, Inc., Air Liquide, Air Products & Chemicals, Inc., Linde AG, ONEOK, Ras Laffan Liquefied Natural Gas Company (RasGas), IACX Energy, ExxonMobil Corp., Polish Oil and Gas Company (PGNiG), Sonatrach Spa, DCP Midstream, and OAO Gazprom.
The research report delivers a comprehensive and strategic evaluation of the various companies operating in the global helium industry and examines individual performances in the market as well as in the overall economy. The report offers a qualitative and quantitative presentation of company size and market share categorized on the basis of region as well as end-use industry, financial position, market value, and revenue generated. It also provides a description of brand and product portfolio, product developments, and marketing, sales, and distribution strategies.
Major geographies analyzed under this research report are:
- North America
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.