Global Helium Market to See 6.4% CAGR through 2021, Says TechSci Research in Its Novel Research Report Now Available at MarketPublishers.com20 Oct 2016 • by Natalie Aster
LONDON – Helium ranks the second following hydrogen regarding the abundance. This by-product of the natural gas and oil extraction is used in a broad range of industries and finds numerous applications.
Enhancing government emphasis on the development of gas-based power generation resources and water distribution infrastructure across the major developed as well as emerging economies is amid the most vital growth driving factors of the world’s helium market. Furthermore, the global helium market will likely be boosted by the rising number of helium applications, including electronics, leak detection, cryogenics, pressure and purging, and many more.
The global helium market is set to be on the rise between 2016 and 2021, registering a CAGR of 6.4%.
As of 2015, the gaseous helium accounted for the lion’s share of the total helium market due to the rising usage of gaseous helium in semiconductors, leak detection and welding applications; gaseous helium is likely to keep on dominating the market through 2021.
Novel market research report “Global Helium Market By Type, By Application, By Distribution, By Region, Competition Forecast & Opportunities, 2021” by TechSci Research includes a comprehensive review of the world’s helium market, paying special attention to the market size (in terms of value and volume), market shares and segmentation (with regard to type, applications, distribution and region). The report also offers an analysis of the key regional markets (North America, Asia Pacific, Europe, Middle East & Africa, South America). Moreover, the research examines dynamics of the world’s global helium marketplace, changing market trends, emerging opportunities and future possible prospects. In addition, the report scrutinises the market competitive landscape and profiles top twenty companies active in the global helium market. The research publication also offers a reader essential strategic recommendations and reviews the major distributors and dealers (with contact details).
Many other new research publications worked out by TechSci Research are available at its page at MarketPublishers.com.