Product Code: ETC087108 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Helium Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.13% in 2025, the growth rate steadily ascends to 0.24% in 2029.
The Helium market in Philippines is projected to grow at a stable growth rate of 0.19% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Philippines helium market is estimated to grow at a CAGR of 5.7% in terms of volume over the forecast period. The growth of this market is mainly driven by the increasing demand for medical and industrial applications, such as MRI scanning, cryogenic cooling, leak detection, welding processes and others. Moreover, rapid urbanization and strong economic growth are expected to drive the demand for helium in various industries over the forecast period. Additionally, favorable government regulations regarding the production & trade of helium gas are also anticipated to fuel its market growth.
The Philippines Helium market has been growing due to its applications in cryogenics, medical imaging, and research. Helium is a crucial gas with unique properties that make it essential for various industries. Key players are contributing to the market`s expansion by supplying helium for different industrial and scientific purposes.
The Philippines Helium market encounters challenges due to the rarity and global distribution of helium resources. Helium is a valuable gas used in various industries, including healthcare and electronics. However, the limited sources of helium and the global demand-supply dynamics can lead to price volatility and availability challenges. Market players need to secure reliable helium sources, manage price fluctuations, and explore alternative technologies to address these challenges.
The Philippines Helium market is relatively niche, primarily driven by its applications in industries like healthcare, electronics, and aerospace. Helium is used in various technologies and processes, including MRI scanners, semiconductors, and cryogenic research. The market`s growth is influenced by advancements in these sectors and global demand patterns. The COVID-19 pandemic had limited direct impact on the helium market, as its applications are often in essential and high-tech industries. As technological innovation continues and industries requiring helium-based solutions expand, the market is expected to evolve positively.
The Philippines Helium market has been witnessing growth due to its applications in industries like healthcare, electronics, and aerospace. Leading players in this market include HelioGas Supplies, AeroTech Gases, and TechHelium Industries. These companies provide helium gas for various uses, such as medical imaging, semiconductor manufacturing, and scientific research. The market`s expansion is driven by the need for helium in advanced technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Helium Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Helium Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Helium Market - Industry Life Cycle |
3.4 Philippines Helium Market - Porter's Five Forces |
3.5 Philippines Helium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Helium Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Philippines Helium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Helium Market Trends |
6 Philippines Helium Market, By Types |
6.1 Philippines Helium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Helium Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Helium Market Revenues & Volume, By Liquid Helium, 2021-2031F |
6.1.4 Philippines Helium Market Revenues & Volume, By Gaseous Helium, 2021-2031F |
6.2 Philippines Helium Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Philippines Helium Market Revenues & Volume, By Aerospace and Aircraft, 2021-2031F |
6.2.3 Philippines Helium Market Revenues & Volume, By Electronics and Semiconductors, 2021-2031F |
6.2.4 Philippines Helium Market Revenues & Volume, By Nuclear Power, 2021-2031F |
6.2.5 Philippines Helium Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Philippines Helium Market Revenues & Volume, By Welding and Metal Fabrication, 2021-2031F |
6.2.7 Philippines Helium Market Revenues & Volume, By Other, 2021-2031F |
6.3 Philippines Helium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Helium Market Revenues & Volume, By Breathing Mixes, 2021-2031F |
6.3.3 Philippines Helium Market Revenues & Volume, By Cryogenics, 2021-2031F |
6.3.4 Philippines Helium Market Revenues & Volume, By Leak Detection, 2021-2031F |
6.3.5 Philippines Helium Market Revenues & Volume, By Pressurizing and Purging, 2021-2031F |
6.3.6 Philippines Helium Market Revenues & Volume, By Welding, 2021-2031F |
6.3.7 Philippines Helium Market Revenues & Volume, By Controlled Atmosphere, 2021-2031F |
7 Philippines Helium Market Import-Export Trade Statistics |
7.1 Philippines Helium Market Export to Major Countries |
7.2 Philippines Helium Market Imports from Major Countries |
8 Philippines Helium Market Key Performance Indicators |
9 Philippines Helium Market - Opportunity Assessment |
9.1 Philippines Helium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Helium Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Philippines Helium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Helium Market - Competitive Landscape |
10.1 Philippines Helium Market Revenue Share, By Companies, 2024 |
10.2 Philippines Helium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |