How Chronic Supply Challenges Are Reshaping Helium Use in Key Industries
Helium is a finite resource that plays a critical role across several industries including medical imaging, aerospace engineering, chemicals and pharmaceuticals, quantum computing, leak testing, welding, semiconductor manufacturing, fiber optics, particle physics, scientific balloons, and many more. Its high thermal conductivity, chemical inertness, and cryogenic properties uniquely lend itself to its applications with limited or no available alternatives in some cases.
Owing to helium's key role in the energy transition (e.g. electric vehicles and batteries), digital transformation (electronics, AI, telecoms, etc.), and space exploration, it is classified as a critical mineral by governmental bodies, e.g. the EU and Canada. Despite its importance, the lack of production diversification and geopolitical strains render the helium market susceptible to chronic supply shortages and price volatility. As a direct result of the aforementioned reasons, there have been four pronounced periods of helium shortages since 2005, impacting the market availability and price of helium.
Based on IDTechEx's new report: "Helium Market 2025-2035: Applications, Alternatives, and Reclamation", this webinar looks at how industries are adapting to navigate chronic supply challenges and increasing helium prices to save costs and manage helium consumption.
The webinar will provide:
- An overview of global helium production and supply
- Impact of supply challenges on different industries e.g. semiconductors and fiber optics manufacturing, cryogenics, and several others.
- Technological advances to reduce helium consumption (e.g. MRI and NMR)
- Trends in the adoption of substitutes or reclamation systems
- Outlook for global helium production capacity and demand
