Latest news with #Qatargas
Yahoo
09-07-2025
- Business
- Yahoo
North America to Dominate, Driven by Aerospace and Electronics Sectors
The helium market, valued at $3.36 billion in 2025, is set to grow at a 3.05% CAGR, reaching $3.90 billion by 2030. This odorless, colorless, non-toxic gas is vital in medical imaging, aerospace, and semiconductors. North America's market gains traction due to rising semiconductor and healthcare developments. Top players: Qatargas, Praxair, Air Liquide. Helium Market Dublin, July 09, 2025 (GLOBE NEWSWIRE) -- The "Helium Market - Forecasts from 2025 to 2030" report has been added to helium market is valued at US$3.36 billion in 2025 and is projected expand at a CAGR of 3.05% over the forecast period reaching US$3.90 billion by 2030. Helium gas offers key applications across multiple industries, including cryogenic, medical imaging, aerospace, and electronic manufacturing. In medical imaging, the gas is used as a cooling agent for various types of equipment, such as MRI machines. Similarly, in the aerospace sector, the gas is commonly utilized as a lifting gas and propulsion fuel for rockets and weather balloons. Helium gas exhibits chemical inertness, making it safer for use across multiple industries. It features lower density and high thermal conductivity. Some of the major players covered in this report include Qatargas, Praxair (Linde Gas and Equipment), Air Liquide, Iwatani Corporation of America, Messer Group, Buzwair Industrial Gases Factory, Matheson Tri-Gas, SOL India Private Limited, Air Products and Chemicals, Inc., Helium One Global, GB Gases Ltd, and 45-8 Energy, among Trends: Rising Semiconductor Demand: The global surge in semiconductor production and demand is a primary driver of the helium market during the forecast period. Helium is essential in semiconductor manufacturing, acting as a cooling agent and carrier gas during fabrication. Healthcare Sector Growth: Advancements in the healthcare industry are projected fuel the expansion of the global helium market. Helium is widely utilized as a cooling agent in medical imaging equipment, such as MRI machines and other diagnostic technologies, supporting market growth. North America: North America is anticipated secure a significant portion of the global helium market. This growth is propelled by the region's increasing semiconductor and electronics production, alongside expansion in the aerospace and defense sectors. Additionally, developments in healthcare and transportation are expected further heighten helium demand in the region. Key Benefits of this Report: Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments. Competitive Landscape: Understand the strategic maneuvers employed by key players globally understand possible market penetration with the correct strategy. Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments. Actionable Recommendations: Utilize the insights exercise strategic decisions uncover new business streams and revenues in a dynamic environment. Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises. Key Attributes: Report Attribute Details No. of Pages 140 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $3.36 Billion Forecasted Market Value (USD) by 2030 $3.9 Billion Compound Annual Growth Rate 3.0% Regions Covered Global Report Coverage: Historical data from 2022 t2024 & forecast data from 2025 t2030 Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis Competitive Positioning, Strategies, and Market Share Analysis Revenue Growth and Forecast Assessment of segments and regions including countries Company Profiling (Strategies, Products, Financial Information, and Key Developments) Qatargas Linde Gas and Equipment Inc. Air Liquide S.A. Iwatani Corporation Messer Group GmbH Buzwair Industrial Gases Factories Matheson Tri-Gas, Inc. SOL India Private Limited Air Products and Chemicals, Inc. Helium One Global Ltd GB Gases Limited 45-8 energy Helium Market Segmentation: By Form Gas Liquid By Type On-site Merchant Packaged By Application Cryogenics Leak Detection Breathing Mixes Others By Industry Vertical Aerospace and Defense Electronics and Semiconductors Healthcare Energy Manufacturing Others By Region North America USA Canada Mexico South America Brazil Argentina Others Europe United Kingdom Germany France Spain Others Middle East & Africa Saudi Arabia UAE Others Asia Pacific China Japan India South Korea Taiwan Others For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Helium Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Zawya
04-07-2025
- Business
- Zawya
Four top firms in race for $5bln Qatar offshore megaproject
At least four leading international contractors or consortia are vying for a major contract from QatarEnergy LNG (formerly Qatargas) worth upto $5 billion for the next expansion phase of its massive North Field Production Sustainability (NFPS) project, which envisages maintaining the production profile of the giant gas field, reported Upstream. The NFPS project is a major initiative by QatarEnergy LNG focused on maintaining and enhancing production from the North Field, the world's largest non-associated natural gas field. This project includes offshore compression complexes and aims to sustain the production of natural gas from the North Field, said the report. Italian multinational oilfield services company Saipem is a key contractor for the NFPS project, with contracts for engineering design, fabrication, and installation of offshore facilities. Qatar is spending heavily on expanding the North Field while also carrying out the multi-phase offshore sustainability project. With this, QatarEnergy LNG plans to further expand the North Field with the North Field West project, aiming to increase LNG production to 142 million tonne per annum by 2030. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (