Product Code: ETC087106 | 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 Singapore Helium Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 6.16% in 2026, following an initial rate of 6.08%, before easing to 4.22% at the end of the period.
Singapore's Helium market is anticipated to experience a growing growth rate of 5.99% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Singapore helium market is relatively small but essential for various industries, such as healthcare, electronics, and aerospace. Helium is critical for cooling MRI machines and as a coolant in semiconductor manufacturing. Singapore largely depends on helium imports, making it susceptible to fluctuations in global helium supply and pricing. Given the global shortage of helium in recent years, the market outlook is driven by factors like helium production and distribution, geopolitical tensions affecting supply chains, and advances in helium recycling technologies. Companies in Singapore helium-related industries should closely monitor these factors for business continuity.
The helium market in Singapore may see expansion owing to the gas`s critical role in various industries, especially in scientific research and medical applications. Helium is essential for cooling superconducting magnets in MRI machines and other high-tech devices. As healthcare infrastructure grows and research facilities expand in Singapore, the demand for helium is expected to rise. Additionally, the semiconductor manufacturing sector`s reliance on helium for cooling and purging applications further supports the market`s outlook.
Singapore helium market confronts challenges related to helium scarcity. Helium is essential for various applications, especially in the medical and semiconductor sectors. The global helium supply is limited, and the market`s dependence on a few key producers can lead to pricing uncertainties and potential shortages. Finding alternative sources and promoting helium recycling is critical.
The helium market in Singapore is relatively niche but essential, primarily serving industries such as healthcare, electronics, and aerospace. The pandemic initially disrupted the supply of helium, affecting industries reliant on this gas. However, as vaccine distribution progressed and economies reopened, the demand for helium in healthcare applications, particularly in cooling systems for vaccine storage, increased. While the market experienced challenges during the pandemic, it is expected to stabilize and grow as these sectors recover and expand.
In Singapore Helium Market Key Players include Linde plc, Air Products and Chemicals, Inc., Air Liquide S.A.
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 Singapore Helium Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Helium Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Helium Market - Industry Life Cycle |
3.4 Singapore Helium Market - Porter's Five Forces |
3.5 Singapore Helium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Helium Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Singapore Helium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Helium Market Trends |
6 Singapore Helium Market, By Types |
6.1 Singapore Helium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Helium Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Helium Market Revenues & Volume, By Liquid Helium, 2021-2031F |
6.1.4 Singapore Helium Market Revenues & Volume, By Gaseous Helium, 2021-2031F |
6.2 Singapore Helium Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Singapore Helium Market Revenues & Volume, By Aerospace and Aircraft, 2021-2031F |
6.2.3 Singapore Helium Market Revenues & Volume, By Electronics and Semiconductors, 2021-2031F |
6.2.4 Singapore Helium Market Revenues & Volume, By Nuclear Power, 2021-2031F |
6.2.5 Singapore Helium Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Singapore Helium Market Revenues & Volume, By Welding and Metal Fabrication, 2021-2031F |
6.2.7 Singapore Helium Market Revenues & Volume, By Other, 2021-2031F |
6.3 Singapore Helium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Helium Market Revenues & Volume, By Breathing Mixes, 2021-2031F |
6.3.3 Singapore Helium Market Revenues & Volume, By Cryogenics, 2021-2031F |
6.3.4 Singapore Helium Market Revenues & Volume, By Leak Detection, 2021-2031F |
6.3.5 Singapore Helium Market Revenues & Volume, By Pressurizing and Purging, 2021-2031F |
6.3.6 Singapore Helium Market Revenues & Volume, By Welding, 2021-2031F |
6.3.7 Singapore Helium Market Revenues & Volume, By Controlled Atmosphere, 2021-2031F |
7 Singapore Helium Market Import-Export Trade Statistics |
7.1 Singapore Helium Market Export to Major Countries |
7.2 Singapore Helium Market Imports from Major Countries |
8 Singapore Helium Market Key Performance Indicators |
9 Singapore Helium Market - Opportunity Assessment |
9.1 Singapore Helium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Helium Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Singapore Helium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Helium Market - Competitive Landscape |
10.1 Singapore Helium Market Revenue Share, By Companies, 2024 |
10.2 Singapore Helium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |