Gases having a concentration of more than 99.99% are known as high purity gases. High purity gases are usually applied in applications where impurity control is essential. The impurity content level in high purity gases is usually below 0.1 ppm. High purity gaseous helium is generally used as a purge gas, carrier gas, or detector gas for a range of analytical equipment. High purity helium is also used in the production of semiconductor chips in smartphones, tablets, computers, televisions, and others. Moreover, high purity helium is employed in laboratories for scientific research, MRI machines, laser cutting, and as a carrier gas in gas chromatography.
MARKET DYNAMICS
High purity helium is gaining significant market share owing to its broad array of applications in the lighting and insulation applications. High purity gaseous helium is utilized for cryogenic rocket propellants in space and missile applications, nuclear reactors, and metal production. Welding, electronic tubes, lifting gas in balloons, and fluorescent lamps also use high purity helium. Therefore, the rising demand from end-user verticals is propelling the growth of the market. The Asia Pacific region is widely contributing to market progression. Countries such as India and China are heavily producing electronic devices owing to the government policies to increase semiconductor production in the region. For instance, the Chinese government is focusing on enhancing major investments in domestic chip companies to develop a high-class semiconductor sector, which is intended to fuel the growth of the market.
MARKET SCOPE
The "Global High Purity Gaseous Helium Market Analysis to 2028? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the high purity gaseous helium market with detailed market segmentation by application, end user and geography. The global high purity gaseous helium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high purity gaseous helium market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global high purity gaseous helium market is segmented on the basis of application and end user. On the basis of application, high purity gaseous helium market is classified into cryogenics, aerostatics, pressurizing and purging, leak detection and gas chromatography, welding, and others. On the basis of end user, market is segmented into electronics and semiconductor, metal production, chemicals, energy and power, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global high purity gaseous helium market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The high purity gaseous helium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the high purity gaseous helium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high purity gaseous helium market in these regions.
MARKET PLAYERS
The reports cover key developments in the high purity gaseous helium market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from high purity gaseous helium market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the high purity gaseous helium market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high purity gaseous helium market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Air Liquide SA
- Air Products and Chemicals, Inc.
- Exxon Mobil Corporation
- Gazprom
- Gulf Cryo
- Iwatani Corporation
- Linde plc
- Messer Group GmbH
- PGNiG
- Weil Group Resources, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.