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Market Overview of Global Helium (Liquid Helium and Gaseous Helium) market:
According to our latest research, the global Helium (Liquid Helium and Gaseous Helium) market looks promising in the next 5 years. As of 2022, the global Helium (Liquid Helium and Gaseous Helium) market was estimated at USD 10034.98 million, and it's anticipated to reach USD 16280.87 million in 2028, with a CAGR of 8.4% during the forecast years.
Helium is a rare gas with the chemical formula of He. It is colorless, odorless, non-toxic, non-corrosive, and non-flammable. It is chemically inactive, and it is difficult to react with other substances under normal conditions. It mainly comes from natural gas wells. Although helium is the second most abundant element in the universe, after hydrogen, it is extremely rare and limited on Earth. In the atmosphere, the volume concentration of helium is only 0.0005%, so it cannot be obtained in large quantities by air separation.
Russo-Ukrainian War Impact
Since the outbreak of the Russian-Ukrainian conflict in 2022, the price of helium has risen rapidly. Russia has supplied inert gases to Japan and other countries in the past. In June 2022, Russia issued an order restricting the export of inert gases. The Russian government said that by the end of the year, it can only be exported with special permission from the state. The world has shown unprecedented concern about the supply of helium. The conflict is thought to have both short- and long-term effects on helium supplies. In the long run, political factors and sanctions against Russia could have immeasurable effects. This will leave many industries without access to helium supplied by Gazprom.
In terms of short-term impact, the export of helium depends on containers, and there are strict requirements for the packaging and transportation of helium. Due to Western sanctions against Russia, which have led to the suspension of services to Russian ports, there is currently no quick way to get these Russian-bound containers out of the country.
In addition, Russia recently cut off the Nord Stream 1 natural gas pipeline. While the initial temporary closure was for maintenance, it was later extended indefinitely. Russia is Germany's main source of natural gas. After that, it cut off gas supply to 13 European countries in Moscow. This has doubled the price of natural gas on the international market, which is the main raw material for the production of helium, so that the price of helium will fluctuate rapidly upwards and production will be affected.
Demand for high-tech manufacturing
Helium is a non-renewable resource and a key material for drug production and research. Common nuclear magnetic resonance devices in hospitals also use helium to maintain cooling, and helium is widely used in the low-temperature industry. In addition, helium is also widely used in the manufacture of semiconductor materials such as deep-sea diving, airbags, low-temperature rocket fuel, and fiber optic networks. Many laboratory studies also require helium. Although the demand in some industries is not very large, the impact of helium is very extensive. The continuous development of the global high-tech manufacturing industry will drive the expansion of the helium market.
Raw material price fluctuation
The price of natural gas has been rising recently. The price of natural gas futures in the United States hit a new low of $1.517 in 2020, but it has regained its upward trend since 2021. In 2022, due to the influence of the Russian-Ukrainian war, the price rose even higher. Many countries, from enterprises to consumers, have already felt the pressure of rising natural gas prices. It is mainly affected by the global economy, geopolitics, the rise of the US dollar, extreme weather, global energy transformation and other factors. As the main source of natural Gaseous Helium preparation, it brings great pressure to helium manufacturers.
Region Overview:
In 2022, the share of the Helium (Liquid Helium and Gaseous Helium) market in North America stood at 46.87%
Company Overview:
Linde is one of the major players operating in the Helium (Liquid Helium and Gaseous Helium) market, holding a share of 39.05% in 2022.
Linde
Linde is a leading global industrial gases and engineering company serving a variety of end markets including chemicals and energy, food and beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases are used in countless applications, from life-saving oxygen in hospitals to high-purity specialty gases for electronics manufacturing, hydrogen for clean fuels and more. Linde also provides state-of-the-art gas treatment solutions to support customer expansion, increase efficiency and reduce emissions.
Air Liquide
Air Liquide is a French multinational company, including medical, chemical and electronic manufacturers. Business covers more than 80 countries/regions. Air Liquide has the patent of Aqua-Lung. AirLiquid is headquartered in Paris, and has major bases in Japan, Houston, Newark, Delaware, Frankfurt, Shanghai and Dubai. The company's research and development goal is to manufacture industrial gases, as well as gases used in products such as medical supplies, electronic chips, food and chemicals. The main R&D team of Air Liquide Group focuses on analysis, biological resources (food and chemicals), combustion, membrane, modeling and hydrogen production.
Segmentation Overview:
By type, Gas Helium segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Low Temperature Cold Source, with a market share of 30.10% in 2021.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Helium (Liquid Helium and Gaseous Helium) market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Helium (Liquid Helium and Gaseous Helium) Market Report:
Market Size Estimates: Helium (Liquid Helium and Gaseous Helium) market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Helium (Liquid Helium and Gaseous Helium) market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Helium (Liquid Helium and Gaseous Helium) market
Segment Market Analysis: Helium (Liquid Helium and Gaseous Helium) market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Helium (Liquid Helium and Gaseous Helium) market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Helium (Liquid Helium and Gaseous Helium) Market: Revenue and sales volume of major countries in each region
Helium (Liquid Helium and Gaseous Helium) Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Helium (Liquid Helium and Gaseous Helium) market in major regions.
Helium (Liquid Helium and Gaseous Helium) Industry Value Chain: Helium (Liquid Helium and Gaseous Helium) market raw materials & suppliers, manufacturing process, distributors, downstream customers
Helium (Liquid Helium and Gaseous Helium) Industry News, Policies & Regulations
Key players in the global Helium (Liquid Helium and Gaseous Helium) market are covered in Chapter 12:
Rasgas
Pgnig
Exxon
Linde
Gazprom
Messer
Taiyo Nippon Sanso
Iwatani
Praxair
Air Products
Air Liquide
In Chapter 2 and Chapter 15.1, based on types, the Helium (Liquid Helium and Gaseous Helium) market from 2018 to 2028 is primarily split into:
Liquid Helium
Gaseous Helium
In Chapter 3 and Chapter 15.2, based on applications, the Helium (Liquid Helium and Gaseous Helium) market from 2018 to 2028 covers:
Low Temperature Cold Source
Aerospace
Electronic Semiconductor
Pipeline Leak Detection and Detection Analysis
Welding and Metal Processing
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Helium (Liquid Helium and Gaseous Helium) market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028