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Helium Marketto Witness Widespread Expansion by 2027<br>
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Helium Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved
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Global Helium Market: Key Highlights The global helium market was valued at ~US$ 2.4 Bn in 2018, and is anticipated to expand at a CAGR of ~4% during the forecast period. Based on type, the gas segment held a dominant share of the global helium market in 2018, primarily due to the usage of helium gas in various applications such as pressurizing and purging, welding, controlled atmosphere, leak detection, and breathing mixtures. In terms of end user, the others segment accounted for a major share of the global helium market in 2018. The segment includes industries such as manufacturing, computers, lighting, and utilities. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Paradigm Shifts in Aerospace Industry of Asia Pacific Create Opportunities in Healthcare • Helium-3 is gaining increased importance in aerospace and healthcare industries. Helium-3 helps doctors diagnose lung diseases, as this element offers real-time imaging of lungs. • The healthcare segment is estimated to reach a value of ~US$ 940 million by the end of 2027, which is the second-highest amongst all end users in the helium market. • Hence, stakeholders in the aerospace industry are increasing efforts to discover deposits of helium-3 on the moon. • This trend is gaining momentum in the aerospace industries of Asia Pacific. As such, Asia Pacific holds the largest market share in the helium market, and is projected to exponentially grow throughout the forecast period.
Major Developments in Global Helium Market On August 30, 2019, Messer Group commissioned a new, large production plant for air gases in Dung Qu?t, a coastal city in the center of Vietnam. The plant is expected to have total processing capacity of 400,000 cubic meters of air per hour. In March 2019, Messer Group announced its joint venture with CVC Capital Partners, which had acquired a majority stake in Linde’s gases business in North America, and certain business activities of Linde and Praxair in South America. The move is anticipated to provide Messer Group with an opportunity to re-enter the industrial gas markets in North and South America. On April 04, 2019, Iwatani Corporation opened two new helium centers – Tsukuba Gas Center and Yokosuka Gas Center - in Japan. ©2019 Transparency Market Research, All Rights Reserved
Global Helium Market: Competition Landscape Linde Plc., Axcel Gases Taiyo Nippon Sanso Corporation Air Products and Chemicals, Inc. Messer Group Weil Group Iwatani Corporation Matheson Tri-Gas, Inc. ©2019 Transparency Market Research, All Rights Reserved
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