Market Overview:
The global gaseous helium market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for helium in various applications such as cryogenics, aerostatics, pressurizing and purging, leak detection & gas chromatography, welding and other applications. Additionally, the growing industrialization and urbanization are also contributing to the growth of the global gaseous helium market. However, factors such as limited availability of helium reserves and high price volatility are restraining the growth of this market. On basis of type, industrial-grade helium accounted for majority share in 2017 and is expected to maintain its dominance during forecast period. This can be attributed to its widespread use across various industries such as aerospace & defense; medical & healthcare; research institutions; electronics; food processing; metal fabrication among others.
Product Definition:
Gaseous helium is a colorless, odorless, tasteless gas. It is the second most abundant element in the universe and makes up about 24% of the Earth's atmosphere. Helium is used in balloons, air bags, and other products that need to be lightweight and non-toxic.
Industrial-Grade Helium:
Industrial-grade helium is the commercial name for pure, gaseous form of helium. It is a colorless and odorless gas with a soft sound. Helium has the lowest boiling point of any gas which makes it suitable for cryogenic applications including superconductivity in nuclear magnetic resonance (NMR) and magnetism in MRI machines. Industrial grade helium accounts for over 50% of total global production along with being one of the most consumed gases across various industries globally.
Grade A:
The grade A is the purest form of helium available which has no impurities or additives. It is used in various applications such as cryogenic storage, liquid air line fillers, and thermal insulation for extremely low temperatures. The grade A helium gas has a purity level of more than 99.5%.
Application Insights:
The welding application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. The rising demand for high-quality gaseous helium owing to its properties, such as low thermal expansion, low conductivity, high purity and non-flammability is expected to drive the segment growth over the forecast period.
Cryogenics was another prominent application that accounted for a significant market share in terms of volume as well as revenue in 2017 due to increasing demand from various industries including medical, semiconductor packaging and testing centers which utilize liquid nitrogen or liquefied natural gas (LNG)as a cryogenic agent.
Regional Analysis:
Asia Pacific was the dominant regional market and accounted for over 42% of global volume in 2016. The region is expected to witness significant growth owing to increasing industrialization, especially in India, China, Japan and South Korea. In addition, rising demand from various end-use industries such as electronics manufacturing and automotive is anticipated to propel the market growth over the forecast period.
The Asia Pacific gaseous helium market was dominated by China owing to its large production base along with growing industrialization across all major application sectors including aerospace & defense (20%), medical (18%) and other applications (44%). Rising investments in new production facilities are projected to boost product demand across all regions during the forecast period. For instance; Air Liquide invested around USD X million for constructing a new production facility of H2 gas at Datong city located in Shanxi Province which is expected be operational by 2018/19 season.
Growth Factors:
- Increasing demand for helium in various industrial and commercial applications is expected to drive the growth of the global gaseous helium market during the forecast period.
- Rising demand for helium from the medical sector is another major factor that is anticipated to fuel the growth of this market in the near future.
- Growing use of helium in semiconductor manufacturing and other research activities is also projected to propel market growth over the next few years.
- Increasing investments by key players in new production facilities are likely to boost expansion of this market during the forecast period. 5) Technological advancements that help reduce Helium consumption are expected to create new opportunities for this market over coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Gaseous Helium Market Research Report
By Type
Industrial-Grade Helium, Grade A
By Application
Cryogenics, Aerostatics, Pressurizing and Purging, Leak Detection & Gas Chromatography, Welding, Other Application
By Companies
Air Liquide SA, Air Products & Chemicals, Inc., Airgas, Buzwair, Exxon Mobil Corporation, Gazprom, Gulf Cryo, Iwatani Corporation, Linde AG, Messer Group GmbH, PGNiG (PL), Praxair Inc., Somatrach, Weil Group Resources, LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Gaseous Helium Market Report Segments:
The global Gaseous Helium market is segmented on the basis of:
Types
Industrial-Grade Helium, Grade A
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cryogenics, Aerostatics, Pressurizing and Purging, Leak Detection & Gas Chromatography, Welding, Other Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Liquide SA
- Air Products & Chemicals, Inc.
- Airgas
- Buzwair
- Exxon Mobil Corporation
- Gazprom
- Gulf Cryo
- Iwatani Corporation
- Linde AG
- Messer Group GmbH
- PGNiG (PL)
- Praxair Inc.
- Somatrach
- Weil Group Resources, LLC
Highlights of The Gaseous Helium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial-Grade Helium
- Grade A
- By Application:
- Cryogenics
- Aerostatics
- Pressurizing and Purging
- Leak Detection & Gas Chromatography
- Welding
- Other Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gaseous Helium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gaseous helium is a gas that is composed of two atoms of helium.
Some of the major players in the gaseous helium market are Air Liquide SA, Air Products & Chemicals, Inc., Airgas, Buzwair, Exxon Mobil Corporation, Gazprom, Gulf Cryo, Iwatani Corporation, Linde AG, Messer Group GmbH, PGNiG (PL), Praxair Inc., Somatrach, Weil Group Resources, LLC.
The gaseous helium market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gaseous Helium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gaseous Helium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gaseous Helium Market - Supply Chain
4.5. Global Gaseous Helium Market Forecast
4.5.1. Gaseous Helium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gaseous Helium Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gaseous Helium Market Absolute $ Opportunity
5. Global Gaseous Helium Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gaseous Helium Market Size and Volume Forecast by Type
5.3.1. Industrial-Grade Helium
5.3.2. Grade A
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gaseous Helium Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gaseous Helium Market Size and Volume Forecast by Application
6.3.1. Cryogenics
6.3.2. Aerostatics
6.3.3. Pressurizing and Purging
6.3.4. Leak Detection & Gas Chromatography
6.3.5. Welding
6.3.6. Other Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gaseous Helium Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gaseous Helium Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gaseous Helium Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gaseous Helium Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gaseous Helium Demand Share Forecast, 2019-2026
9. North America Gaseous Helium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gaseous Helium Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gaseous Helium Market Size and Volume Forecast by Application
9.4.1. Cryogenics
9.4.2. Aerostatics
9.4.3. Pressurizing and Purging
9.4.4. Leak Detection & Gas Chromatography
9.4.5. Welding
9.4.6. Other Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gaseous Helium Market Size and Volume Forecast by Type
9.7.1. Industrial-Grade Helium
9.7.2. Grade A
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gaseous Helium Demand Share Forecast, 2019-2026
10. Latin America Gaseous Helium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gaseous Helium Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gaseous Helium Market Size and Volume Forecast by Application
10.4.1. Cryogenics
10.4.2. Aerostatics
10.4.3. Pressurizing and Purging
10.4.4. Leak Detection & Gas Chromatography
10.4.5. Welding
10.4.6. Other Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gaseous Helium Market Size and Volume Forecast by Type
10.7.1. Industrial-Grade Helium
10.7.2. Grade A
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gaseous Helium Demand Share Forecast, 2019-2026
11. Europe Gaseous Helium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gaseous Helium Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gaseous Helium Market Size and Volume Forecast by Application
11.4.1. Cryogenics
11.4.2. Aerostatics
11.4.3. Pressurizing and Purging
11.4.4. Leak Detection & Gas Chromatography
11.4.5. Welding
11.4.6. Other Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gaseous Helium Market Size and Volume Forecast by Type
11.7.1. Industrial-Grade Helium
11.7.2. Grade A
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gaseous Helium Demand Share, 2019-2026
12. Asia Pacific Gaseous Helium Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gaseous Helium Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gaseous Helium Market Size and Volume Forecast by Application
12.4.1. Cryogenics
12.4.2. Aerostatics
12.4.3. Pressurizing and Purging
12.4.4. Leak Detection & Gas Chromatography
12.4.5. Welding
12.4.6. Other Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gaseous Helium Market Size and Volume Forecast by Type
12.7.1. Industrial-Grade Helium
12.7.2. Grade A
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gaseous Helium Demand Share, 2019-2026
13. Middle East & Africa Gaseous Helium Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gaseous Helium Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gaseous Helium Market Size and Volume Forecast by Application
13.4.1. Cryogenics
13.4.2. Aerostatics
13.4.3. Pressurizing and Purging
13.4.4. Leak Detection & Gas Chromatography
13.4.5. Welding
13.4.6. Other Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gaseous Helium Market Size and Volume Forecast by Type
13.7.1. Industrial-Grade Helium
13.7.2. Grade A
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gaseous Helium Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gaseous Helium Market: Market Share Analysis
14.2. Gaseous Helium Distributors and Customers
14.3. Gaseous Helium Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Air Liquide SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Air Products & Chemicals, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Airgas
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Buzwair
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exxon Mobil Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gazprom
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gulf Cryo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iwatani Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Linde AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Messer Group GmbH
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PGNiG (PL)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Praxair Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Somatrach
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Weil Group Resources, LLC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
