Precision Business Insights has published a report on the global helium market, estimating its value at USD 14.3 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/helium-market

The helium market includes the extraction, processing, and marketing of helium gas, a non-renewable noble gas derived mostly as a byproduct of natural gas production. Helium is appreciated for its unusual features, which include being inert, lightweight, non-flammable, and having the lowest boiling temperature of any known element.

Drivers:

• Used in semiconductor manufacturing, fiber optics, and LCD panels, helium demand rises with the boom in consumer electronics
• Helium is widely used in welding, leak detection, and pressurizing/purging systems, supporting manufacturing and energy industries.

The global helium market segmentation:

1) By Product Type: Liquid Helium, Gaseous Helium

2) By Process: Breathing Mixes, Cryogenics, Leak Detection, Pressurizing and Purging, Welding Others

3) By End User Industry: Aerospace and Aircraft, Electronics and Semiconductors, Nuclear Power, Healthcare, Welding and Metal Fabrication Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the helium market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the helium market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Air Liquide, Linde Plc, North American Helium, Messer Group GmbH, NexAir LLC, Air Products and Chemicals, Inc., Qatargas Operating Company Limited, Iwatani Corporation, Exxon Mobil Corporation, Matheson Tri-Gas, Inc.

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