London, UK (PRWEB) June 26, 2014
Helium is produced by only a trifle of countries as its content in natural gas varies in accordance with the particular geography. Helium is used in a wide range of applications, specifically in magnetic resonance imaging (MRI) equipment for cooling magnetic coils, which makes them act as superconductors. Furthermore, owing to its non-flammability and chemical inertness, helium is utilized as a purge gas in satellite launch vehicles. Helium’s another important application is in leak detection due to the small size of its atoms, which assists in detecting even tiny cracks through a mass spectrometric analyzer.
The global helium market value is forecast to grow at about 8% CAGR through 2019; whilst in volume terms, the market will see a relatively lower CAGR. As of 2013, the US was the leading helium producer, with Qatar, Algeria, Russia, Poland and Australia following in. Helium consumption is expected to dramatically increase in APAC due to the growth in the semiconductor industry and the rapidly developing health care market in the region. Qatargas, Gazprom, RasGas, and The Polish Oil and Gas Company are just few of the leading players in the worldwide helium market space.
New research report “Global Helium Market Forecast and Opportunities, 2019” prepared by TechSci Research is now available at MarketPublishers.com
Title: Global Helium Market Forecast and Opportunities, 2019
Published: June, 2014
Price: US$ 3,500.00
The report is a crucial source of information and data on the global helium market, specifying the current trends and prospective growth in the oncoming years. It presents the global helium market size (by value) and forecast; market share and forecasted data (by manufacturing country, region, application, type, and by company); provides an in-depth analysis of end-user industries including a detailed description of the role of helium in particular applications; features an extensive market analysis by different regions and individual countries. Insights into changing market trends and developments, emerging opportunities, the competitive landscape alongside profiles of the top 11 players, as well as strategic recommendations can also be found in the report.
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More new market research reports by the publisher can be found at TechSci Research page.