DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Helium Market - Segmented by Phase, End-User Industries, Application and Geography - Trends and Forecasts (2016 - 2021)" report to their offering.
Helium is the second most abundant element in the Universe; however, sparse on earth. Currently, helium consumed, globally, is extracted from natural gas, which has a low helium concentration. Helium gas is most commonly used in the healthcare industry as a coolant, for the superconducting magnets in MRI. The other end-user industries include aviation & aerospace, electronics and semiconductors, and nuclear power.
The market is mainly driven by the increase in urbanization and industrialization in developing economies like India, China, etc. Other factors include the massive research done in the helium production. However, the market faces certain drawbacks like government regulations, volatile price of helium, and expensive extraction process. These factors may act as a roadblock to the growth of the market.
The helium market, on the basis of phase, is divided into liquid and gas. Liquid helium amounts to 25-30% of the total helium consumed, worldwide. The market can further be segmented by application into cryogenics, breathing mixes, coolant, wielding and rocket fuel. The cryogenic segment had the highest market share, which amounted to 26% of total helium consumption, in 2015.
The market has also been geographically segmented into APAC, North America, Europe, South America, and MEA. In terms of consumption in 2016, MEA and Europe led the market, with a share of 37%, collectively.
- Air Liquide
- Air Products
- Exxon Mobil Corporation
- Gulf Cryo
- Messer Group
- Polish oil and Gas Company
- Praxair Inc.
- Qatar Gas
- Ras Gas
- Weil Group
2. Executive Summary
3. Global Helium Gas Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/4kzgpx/global_helium