Global Gaseous Helium Market Growth 2023-2029

Global Gaseous Helium Market Growth 2023-2029

Gaseous helium is inert, colorless, odorless, noncorrosive, and nonflammable. Helium is the lightest rare gas. Helium is a monatomic chemically inert gas. It will not react with other elements or compounds under ordinary conditions.

Since helium is noncorrosive, special materials of construction are not normally required. Vessels and piping must be selected and designed to withstand the pressure and temperatures involved and comply with applicable codes and regulations.

LPI (LP Information)' newest research report, the “Gaseous Helium Industry Forecast” looks at past sales and reviews total world Gaseous Helium sales in 2022, providing a comprehensive analysis by region and market sector of projected Gaseous Helium sales for 2023 through 2029. With Gaseous Helium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gaseous Helium industry.

This Insight Report provides a comprehensive analysis of the global Gaseous Helium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gaseous Helium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gaseous Helium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gaseous Helium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gaseous Helium.

The global Gaseous Helium market size is projected to grow from US$ 906.6 million in 2022 to US$ 1084.6 million in 2029; it is expected to grow at a CAGR of 1084.6 from 2023 to 2029.

USA’s production accounted for the highest market share (74%), followed by China (13%).

The global Gaseous Helium industry mainly concentrates in China, USA and Qatar. The global leading players in this 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 and etc. Air Products & Chemicals, Inc. are the leader of this industry by 16% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Gaseous Helium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Industrial-Grade Helium

Grade A

Segmentation by application

Cryogenics

Aerostatics

Pressurizing and Purging

Leak Detection

Welding

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gaseous Helium market?

What factors are driving Gaseous Helium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gaseous Helium market opportunities vary by end market size?

How does Gaseous Helium break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.