Jaguar8
commented on a stock · Dec 10 22:00
NEWS
Demand For Helium is Becoming an Extremely High-Value Commodity and Billion Dollar IndustryTuesday, 10th December at 9:00 amPALM BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Helium Market may be bigger than the typical investor assumes. Helium gas serves important roles in different industries, including technology, science, medicine, and manufacturing. Helium market is primarily driven by advancements in technology. A report from Allied Market Research states that the global helium market, which was valued at $3.3 billion in 2022, is projected to reach $4.9 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032. Also a recent article from a source devoted as an online source for researching investment opportunities had this to add: "Helium is a critical element that is essential in the production of computer chip manufacturing (everything from your smartphone to your TV to your refrigerator), scientific research, healthcare (medical devices such as MRI machines), communications, space exploration and defense, and includes advancements into AI development. Helium is a very important element/gas. It has an incredibly low boiling point and is non-reactive, making it indispensable in high-tech and medical applications. Since helium has such an extremely low boiling point, close to absolute zero, it is essential in cooling various manufacturing applications." Active companies in the markets include: New Era Helium Corp. (NASDAQ: NEHC), Roth CH Acquisition V Co. (NASDAQ: ROCL), Pulsar Helium Inc. (OTCQB: PSRHF) (TSXV: PLSR), Credo Technology Group Holding Ltd (NASDAQ: CRDO), Texas Pacific Land Corporation (NYSE: TPL).
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more