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The helium market size is forecast to increase by USD 1.40 billion at a CAGR of 6.7% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for defense aircraft and government defense expenditure. This trend is fueled by the need for lightweight and efficient materials in aerospace applications. Furthermore, the scientific research sector's reliance on helium as a cooling agent for MRI machines and other applications is another key growth factor. In the space exploration industry, helium is essential for rocket engine testing and fuel. Additionally, helium's role in air-to-air missile guidance systems and surveillance aircraft further boosts market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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