Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — Helium is one of the rarest elements on earth. The demand for helium has prompted helium production companies to explore new sources of helium, including extracting helium from gas fields. Helium production companies are also looking into a new way to produce helium: by using nuclear fusion. If this method can be perfected, it could revolutionize the industry and create a lot more jobs.
Helium has traditionally been utilized by researchers and scientists as a safe, inert gas that does not react with other elements in the global helium market. However, there is growing demand for helium for use in industrial applications such as welding, cutting and processing metals, and printing. The main use of helium today is in the manufacturing of balloons. A balloon is filled with air and helium, and when the balloon is inflated, the pressure from the helium holds the air inside. This process is used to create a wide variety of products including birthday balloons, raffles prizes and Decoration Day decorations.
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What Drives the Demand for Helium Market?
The demand for helium has increased due to new technologies that are requiring more efficient ways of manufacturing products. For example, 3D printing uses materials that can be difficult to produce using traditional methods such as casting or forging. In order to print with thermoplastic…
